Table of Contents
High Quality Consciousness and Low Price Sensitivity Offer Higher Profitability to Manufacturers
Scandinavia is one of the well-developed regional markets for personal protective equipment (PPE) in western Europe, with market participation from global manufacturers, as well as a large number of local competitors. This deliverable provides an insight into this regional market for PPE. Top end-user industries and regional market trends are also discussed. Revenue estimates and forecasts have been provided for the different types of PPE such as above-the-neck protection, respiratory protection, protective gloves, protective clothing, protective footwear, fall protection, and gas detection.
-The Scandinavian personal protective equipment (PPE) market generated estimated revenues of $ million in 2013.
-This market is expected to experience a moderate growth and generate $ million by 2018, at a compound annual growth rate (CAGR) of % during 2013–2018.
-Construction, oil, gas and petroleum, food, transportation, mining, and steel and metal are some major end user segments that are expected to drive growth in this market.
-Scandinavia is expected to continue to be a quality-conscious market during the forecast period. Low-quality products are unlikely to make any major gains.
-Hand protection, protective apparels, and foot protection are the largest product segments in the Scandinavian PPE market, accounting for % of the total market revenue. This trend is expected to continue till 2018.
-Fall protection, foot protection, and gas detection are the fastest growing product segments in the Scandinavian PPE market and are expected to grow at CAGR in the range of % to % during 2013–2018.
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