Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Improving Construction Industry and Rising Female Workforce are Boosting Revenues for the Alpine PPE Market
* Required Fields
Pay by invoice
This research service analyses the Alpine personal protective equipment (PPE) market covering Austria and Switzerland. The main segments covered by product type are above the neck (including head protection, hearing protection, eye and face protection), foot protection, hand protection, protective apparel, respiratory protection, gas detection, and fall protection. Work safety policies are on the rise and are now being regulated more strictly to ensure proper compliance. The Alpine PPE market generated a revenue of €400.4 million in 2018. This market is expected to experience a moderate growth rate, generating €456.2 million by 2023, at a compound annual growth rate (CAGR) of 2.6% from 2018 to 2023. Automotive, chemicals, pharmaceuticals, MEM, and construction industries are helping generate higher demand for PPE in the region. Improving employment numbers, especially women workforce, is also driving larger revenues in the market. Hand protection, protective footwear, and protective apparels are the largest product segments in the Alpine PPE market, accounting for 72.0% of the total revenues generated in 2018. The market is expected to show similar trends in the forecast period. Austria is a well-developed industrialised country. Apart from its main service sector, the key industries are mechanical engineering, steel construction, real estate, chemicals, and vehicle and parts manufacturing. It also has a few natural resources such as iron ore and non-ferrous metals. Constant growth in the industrial sectors also requires supplementary imports in the country. The construction sector has rebound in the country with a rising population and increasing demand for houses, suggesting a favourable condition for labours. With a strong increase in disposable income, the outlook for private sector looks promising. High capacity utilisation suggests that PPE investment will remain firm. Switzerland employs the largest number of people in chemicals and pharmaceuticals. Chemicals and pharmaceuticals industry directly employs 70,000 people, with all major global companies having their setups in the country. Chemicals, pharmaceuticals, MEM, construction, general manufacturing, textile, and agriculture are important end-user applications for the PPE market in Switzerland. As the Alpine market is one of the safety-conscious markets, it has high acceptance for innovative products. Hence, manufacturers offering premium products are well adopted in the region Revenue growth is fuelled by improving construction industry, decreasing unemployment rate, increasing participation of women across industries, and rising regulations to improve safety and health of workers in the region. All these factors contribute to an expected market growth at a CAGR of 2.6% from 2018 to 2023.
North American Industrial Hand Protection Market, Forecast to 2023
Benelux Personal Protective Equipment Market, Forecast to 2023
Iberian Personal Protective Equipment Market, Forecast to 2023
Customer Contact West October 23-26, 2016 | JW Marriot Starr Pass Tucson, Arizona
Western European Industrial Hand Protection Market, Forecast to 2023
North American Respiratory Protection Market, Forecast to 2022
Western European Respiratory Protection Market, Forecast to 2022
New Product Innovation & Development January 09-11, 2017 | San Diego, Marriott La Jolla, California
Innovation For Value in Healthcare
Digital Marketing July 17 - 19, 2017 | Loews Vanderbilt Hotel, Nashville, TN
electric car market
neurology devices market
smart meter market
solar energy market
flexible electronics market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.