Can the Protective Clothing & Equipment Market Protect Itself?

According to Protective Clothing & Equipment, a new Market Update from market intelligence provider Key Note, UK expenditure on protective clothing and equipment has been on the decline in recent years, as employment levels and economic uncertainty have rocked many job sectors.

Redundancies, job losses and reduced production of goods and services from many industries have led to a (Read More)  decrease in demand for products to protect the employee:  without workers, worker protection evidently becomes redundant.
Yet, despite these woes, there is hope that this is set to change, as companies dust off their overalls and set to work on creating new product innovations for the new wave of industry sectors. A fall in traditional manufacturing industries and rise in public services does not necessarily equate to less need for personal protective equipment (PPE), but creates new opportunities for UK competitors to claim their status for quality and innovation in design and manufacturing. A constant concern among employers is the escalating ‘compensation culture’, which is providing the market for PPE with greater custom as employers invest in products as a preventative measure to retain company reputation. Legislation dictates that the market must stay afloat therefore, despite a current period of economic uncertainty, and the future of the market appears to be protected by a number of factors. With this in mind, Key Note forecasts that the market for protective clothing and equipment will rise by 7.6% between 2013 and 2017.

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