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|Flame Retardant Apparel Market Progress & Manufacturer Contribution Highlighted Until 2027
by Josephwalker · January 28 , 2019
Global flame retardant apparel sales reached nearly 192 million square meter in 2018, with momentum likely to drive the market to a 6.2% y-o-y in 2019, according to 鈥檚 latest analysis. Imposition of stringent regulatory rules and growing awareness about workers鈥?safety in high-risk industries worldwide continue to drive growth. Gains have also been driven by macroeconomic factors, notably stability in global oil prices and capital injection in infrastructure projects. The report opines that effective implementation of workplace safety guidelines in developing countries can open up new opportunities for manufacturers.
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鈥?em>Not protecting their employees with good-quality flame retardant apparels can cost employer organizations a fortune with the medical care and rehabilitation of injured employees. Apart from strict legal regulations, growing safety awareness among employees is driving the purchases of flame retardant apparels across several industries ,鈥?says 鈥檚 report. 鈥?em>Flame retardant apparel market players are now focusing on improving comfort along with the safety of their products, and provide flame retardant apparels that can suit the end-users鈥?changing demands.鈥?p>
The study thoroughly analyzes growth parameters of flame retardant apparel market to provide comprehensive and insightful information about the future prospects of the global flame retardant apparel market.
Oil & Gas and Power Generation Industries Create Promising Growth Opportunities
The study on flame retardant apparel market offers demand and supply analysis for flame retardant apparels across various end-user industries, such as mining, petrochemical, oil & gas , power, and automotive & transportation. According to the study, the oil & gas industry remains the largest consumer of flame retardant apparels.
The oil & gas industry is one of the high-risk industries that can pose serious harm to workers鈥?health and is prone to severe workplace accidents. Protective clothing, such as flame retardant apparels, have proven to be an effective safeguard against serious injuries and fatalities. The fatal accident rate (FAR) in the oil & gas industry decreased by approximate 36% in 2017 over 2016 as the number of fatalities decreased from 50 to 33 during the year , according to the reports filed by 45 oil & gas companies associated with the International Association of Oil & Gas Producers (IOGP) organization. The study opines that the effectiveness of protective clothing in improving worker safety will continue to drive sales in 2019 and beyond.
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聽According to the study, demand for flame retardant apparels will be complemented by healthy adoption in the power industry. Evolving workplace safety regulation in power, electronics electrical, and automotive & transportation industries are also likely to influence growth.
European Market to Create Most Promising Growth Opportunities with Over One-Third Volume Share
The study finds EU at the forefront of global flame retardant apparel demand, with over one-third volume share in 2018. The constantly evolving regulatory framework for personal protective equipment in Europe has accelerated the demand for flame retardant apparels in the region. The mandatory conformity to the Regulation (EU) 2016425 adopted by the European Commission has been instrumental in boosting growth of the Europe flame retardant apparel market.
Furthermore , rapidly growing oil & gas demand in the European Union has bolstered the expansion of the oil & gas industry in the region, which is likely to create positive growth environment for flame retardant apparel market players. Thereby, flame retardant apparel market players are shifting their focus on complying with the European regulatory framework and meeting the dynamic end-user requirements in the region.
The study provides comprehensive information about growth prospects of the flame retardant apparel market. The study predicts that the flame retardant apparel market will grow at an impressive 6.5% volume CAGR through 2027.
This is a fascinating principle about optimising your white space ? and you can take that as metaphorical or as practical as you like.
The other day, I was having dinner at a roadside caf? and I noticed that the little sugar bags that came with my coffee had ADVERTISEMENTS on them.
That's your classic use of ?white space?. So, you make sugar in little paper bags , millions of them, and your company logo is on the front ? and the back of it is EMPTY.
These little sugar bags are handled by MILLIONS, likewise, who are sitting down to relax and have very little else to do whilst they are waiting for their food, or for a meeting , or to rest than to LOOK AT THE AD.
Being little sugar bags, as they are, they also make the perfect mini calling card that you can put in your pocket or in your wallet ? and take the ad, the phone number, the web site with you.
How cool is that?
I'm just wondering how much extra business and extra money that generated for the broker , the sugar company and the advertisers ? all from a little square of white space the size of a postage stamp.
White spaces are everywhere.
They are on your web pages, at the bottom of your emails, on the back of your sales letters, on the back of your business cards, on the side of you.