November 29, 2021
According to the report titled ‘Global Protective Clothing Market For Life Sciences Industry 2019-2028’, available with MarketStudyReport, global protective clothing market for life sciences industry is expected to grow at 6.26% CAGR between 2019 and 2028.
Burgeoning end-user demand for protective clothing, heavy investment in R&D, and rigorous rules & policies to ensure safety at workplace are propelling the growth of global protective clothing market for life sciences industry.
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Moreover, steadily increasing biotechnology and healthcare spending, as well as rising demand for PPE (personal protective equipment) from developing countries are likely to open new opportunities for businesses in this domain.
Despite the positive outlook, dearly cost of protective clothing, as well as sharp rise in outsourcing & automation in pharma manufacturing vertical are poised to hamper industry development in the coming years.
Furthermore, manufacturing intricacies, and intense competition from generic products are estimated to impede the protective clothing market for life sciences business expansion during the study period.
Based on type, the industry is divided into reusable, and disposable. In terms of product, the market is categorized into wipes, suits/coveralls, facemask & hats, footwear & overshoes, gloves, protective eyewear & cleanroom goggles, and others. Concerning application, the industry is classified into chemical protection, radiation protection, cleanroom clothing (medical, pharmaceutical, and biotechnology), bacterial/viral protection, and others.
From a regional standpoint, Asia Pacific industry is anticipated to grow at a steady rate during the projected timeframe, owing to strict medical hygiene standards. Also, flourishing healthcare sector, as a result of rapid urbanization, intensifying burden of diseases, desirable demographic changes, rising household incomes, and overall economic activity in countries such as China, will positively sway the regional industry dynamics.
The competitive landscape of global protective clothing market for life sciences industry is defined by companies such as Lindström Group, Kimberly-Clark Corporation, Irudek Group, VF Corporation, BioClean (By Ansell), W.L. Gore & Associates Inc., Ansell Ltd., Honeywell International Inc., Tronex International Inc., DuPont de Nemours Inc., Berkshire Corporation, Lakeland Industries Inc., Kappler Inc., 3M Company, and Uvex Group among others.