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High Visibility (Hi-Vis) Clothing Market Analysis 2018-2025: Ansell, Honeywell, ASATEX, Ballyclare, UniFirst, Lakeland Industries, 3M, Kermel, OccuNomix

High Visibility (Hi-Vis) Clothing Market

High Visibility (Hi-Vis) Clothing Market

According to the U.S. Occupational Safety and Health Administration, a lack of attention paid to safe work practices and training, as well as a younger and newer workforce in manufacturing and construction have led to a rise in deadly industrial work accidents in Ohio.

The global high visibility (Hi-Vis) clothing market was estimated at 1415.1 USD Million in 2017 and is expected to register a CAGR of 6.1% till 2025.
According to safety and injury incident research from the Centre for Disease Control and Prevention, the Human Resources Department Canada, and the National Institute of Occupational Safety and Health, younger workers differ from older ones by having fewer fatalities, but more of total injuries and injuries that are more serious. This is expected to increase the demand for high-vis clothing in the next 7 years.

Top key vendors in High Visibility Clothing (Hi-Vis) Market includes are Lakeland Industries, 3M, Kermel, Ansell, Honeywell, National Safety Apparel, Nasco Industries, OccuNomix, True North Gear, ASATEX, Ballyclare, UniFirst.

You Can Download Free Samples Copy of High Visibility Clothing (Hi-Vis) Market at https://www.marketexpertz.com/sample-enquiry-form/5365

Scope of the Report:

The augmenting usage of green and ecofriendly materials and procedures in the production of high-visibility clothing is also propelling this market substantially. In addition to this, the increasing financial support from various governments, globally, is likely to boost this market considerably in the years to come. Growth of the construction industry globally is one of the key factors driving the market for high-visibility clothing. Growing trend of use of green materials and processes in the manufacture of high-visibility clothing is raising the demand for the product.

Asia Pacific is projected to show significant revenue rise at an estimated CAGR of 7.1% from 2018 to 2025. Asia-Pacific has the largest share of the global construction industry, given that it includes the large markets of China, Japan and India. However, the pace of growth will slow, given the relative sluggishness in China’s construction industry, the expansion of which will be undermined by the glut of new residential property. The emerging markets of Southeast Asia, notably the Philippines, Malaysia and Indonesia, will invest heavily in new infrastructure projects, supported by private investment. This over the forecast period is likely to open new market avenues for high vis clothing.

Construction activity in Brazil has been weak in recent years, following a sustained recession, which resulted in a deteriorating business environment, weak investor confidence and reduction in construction activity. Weak commodity prices will constrain investment in new mining-related construction activity. However, Chile, Peru and Colombia will post solid growth over the forecast period, supported by the need for housing developments and improved infrastructure.

MEA market was valued at USD 231.2 million in 2016 and is expected to witness substantial growth in light of the growing construction sector mainly in the UAE and Qatar owing to the economic recovery, advanced real estate regulatory framework, and increasing infrastructure project. In addition, various factors including favourable macroeconomics, positive demographics, and rising tourism activities are likely to promote the construction sector growth.

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Class Type Scenario (Revenue, USD Million; 2016–2025)
• Class 1 (Type O)
• Performance Class 2 (Type R or P)
• Performance Class 3 (Type R or P)
• Supplemental Class E
• Optional High Visibility Accessories

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Construction
• Warehouse Distribution
• Refinery, Mining
• Public Safety
• Others

Competitive Insights

High entry barriers, owing to introduction of smart devices enabled clothing, are likely to maintain high competition among industry participants. Industrial rivalry is likely to remain high owing to brand loyalty and fast industrial growth over the forecast period. The companies are focusing on optimum business growth by implementing various growth strategies. They are forming strategic partnerships with regional manufacturers and providing technological expertise in return.

Key points from TOC

8 Major Manufacturers Analysis of High Visibility Clothing

8.1 Ansell
8.1.1 Company Profile
8.1.2 Product Picture and Specifications
8.1.2.1 Product A
8.1.2.2 Product B
8.1.3 Ansell 2017 High Visibility Clothing Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.1.4 Ansell 2017 High Visibility Clothing Business Region Distribution Analysis

8.2 Honeywell
8.2.1 Company Profile
8.2.2 Product Picture and Specifications
8.2.2.1 Product A
8.2.2.2 Product B
8.2.3 Honeywell 2017 High Visibility Clothing Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.2.4 Honeywell 2017 High Visibility Clothing Business Region Distribution Analysis

8.3 Lakeland Industries
8.3.1 Company Profile
8.3.2 Product Picture and Specifications
8.3.2.1 Product A
8.3.2.2 Product B
8.3.3 Lakeland Industries 2017 High Visibility Clothing Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.3.4 Lakeland Industries 2017 High Visibility Clothing Business Region Distribution Analysis

8.4 3M
8.4.1 Company Profile
8.4.2 Product Picture and Specifications
8.4.2.1 Product A
8.4.2.2 Product B
8.4.3 3M 2017 High Visibility Clothing Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.4.4 3M 2017 High Visibility Clothing Business Region Distribution Analysis

8.5 ASATEX
8.5.1 Company Profile
8.5.2 Product Picture and Specifications
8.5.2.1 Product A
8.5.2.2 Product B
8.5.3 ASATEX 2017 High Visibility Clothing Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.5.4 ASATEX 2017 High Visibility Clothing Business Region Distribution Analysis

Continue..

The research provides answers to the following key questions:

• What is the size of occupied by the prominent leaders for the forecast period, 2018 to 2025? What will be the share and the growth rate of the High Visibility Clothing (Hi-Vis) market during the forecast period?

• What are the future prospects for the High Visibility Clothing (Hi-Vis) industry in the coming years?

• Which trends are likely to contribute to the development rate of the industry during the forecast period, 2018 to 2025?

• What are the future prospects of the High Visibility Clothing (Hi-Vis) industry for the forecast period, 2018 to 2025?

• Which companies are dominating the competitive landscape across different region and what strategies have they applied to gain a competitive edge?

• What are the major factors responsible for the growth of the market across the different regions?

• What are the challenges faced by the companies operating in the High Visibility Clothing (Hi-Vis) market?

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