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Hazard-Prone Maritime Transportation Industry Intensifies Focus on Personal Protection Equipment Finds Frost & Sullivan - As awareness on the importance and long-term returns of using better-quality PPE grows, so will market revenues - Chemicals.Frost.com
Hazard-Prone Maritime Transportation Industry Intensifies Focus on Personal Protection Equipment Finds Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2014/08/26 - As awareness on the importance and long-term returns of using better-quality PPE grows, so will market revenues - Chemicals.Frost.com.

   
 
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Personal protection equipment (PPE) is gaining traction in the marine transportation industry, which is fraught with various hazards. As a significant share of global trade takes place through the maritime route, the industry will continue to throw up opportunities for PPE manufacturers. To take full advantage of these trends, PPE manufacturers will need to develop innovative products that can address commonly-faced hazards.

The new market engineering study from Frost & Sullivan, Personal Protective Equipment in Marine Transportation, covers the segments of gas detectors, protective footwear, workwear and protective clothing, protective gloves as well as respiratory, fall and above-the-neck protection. Respiratory protection, fall protection, protective gloves and hearing protection are expected to witness faster growth rates than the other segments.

“Improved implementation of safety regulations is fuelling compliance with PPE requirements,” said Frost & Sullivan Chemicals, Materials & Food Senior Research Analyst Aparna Balasubramanian. “This, along with enhanced awareness on the benefits of using appropriate PPE among shipping lines is supporting market expansion.”

However, increasing automation of different tasks related to marine transportation is reducing the need for manual labour and thus affecting the development of the PPE market. Some shipping lines also continue to opt for inexpensive PPE from low-cost manufacturing hubs to cut costs.

“Clearly, manufacturers still have to educate some sections of the market and demonstrate the medium- to long-term cost benefits of investing in more expensive but suitable PPE,” noted Balasubramanian. “Concurrently, manufacturers will have to sharpen their focus on designing innovative PPE that is distinguished by high comfort levels, affordability, and a pricing strategy that matches local market realities.”

For more information on this study, please email Julia Nikishkina, Corporate Communications, at julia.nikishkina[.]frost.com.

Personal Protective Equipment in Marine Transportation is part of the Chemicals & Materials (chemicals.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Mining Industry PPE Market, North American Above-the-neck Personal Protective Equipment Market, and Americas Oil and Gas Personal Protective Equipment Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on “the next big thing" | Register: Gain access to visionary innovation.

Personal Protective Equipment in Marine Transportation / MA91-39

 
 
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Hazard-Prone Maritime Transportation Industry Intensifies Focus on Personal Protection Equipment Finds Frost & Sullivan

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Frost & Sullivan | PPE
Contact: Julia Nikishkina - Frost.com 
+7 (499) 213 0156 julia.nikishkina[.]frost.com
 
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