Flame Retardant Apparel Market: Favorable Macroeconomic Factors Induce Momentum in the Market
A recently compiled report of Fact.MR, titled “Global Flame Retardant Apparel Market: Forecast, Trend Analysis & Competition Tracking Global Review 2018 to 2027,” provides a comprehensive analysis on development of the flame retardant apparel market worldwide.
[UKPRwire, Tue Jul 16 2019] A recently compiled report of Fact.MR, titled “Global Flame Retardant Apparel Market: Forecast, Trend Analysis & Competition Tracking Global Review 2018 to 2027,” provides a comprehensive analysis on development of the flame retardant apparel market worldwide. Size of the flame retardant apparel market has been evaluated for the historical period (2013-2017) and forecast period (2018-2027), and has been delivered in terms of value (US$ million) and volume (Mn Mt Sq.). The report also offers a detailed analysis and forecast on key segments and the competitive landscape of the flame retardant apparel market. The report by Fact.MR also offers historical data and forecast on the flame retardant apparel market. The latest report on flame retardant apparel market focuses on the factors impacting the growth and provides key insights on the market. The report also offers qualitative and quantitative analysis of the flame retardant apparel market. Global flame retardant sales reached nearly 192 million square meter in 2018, with momentum likely to drive the market to a 6.2% y-o-y in 2019, according to Fact.MR’s latest analysis. Imposition of stringent regulatory rules and growing awareness about workers’ safety in high-risk industries worldwide continue to drive growth. Gains have also been driven by macroeconomic factors, notably stability in global oil prices and capital injection in infrastructure projects. The report opines that effective implementation of workplace safety guidelines in developing countries can open up new opportunities for manufacturers.
The Fact.MR study provides comprehensive information about growth prospects of the flame retardant apparel market. The study predicts that the flame retardant apparel market will grow at an impressive 6.5% volume CAGR through 2027.
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The Fact.MR report divides the flame retardant apparel market into its five broad sub-segments – regions, product types, apparel types, clothing types, and end-uses.
Based on geographical regions, the flame retardant apparel market is segmented into North America, Latin America, Europe, Japan, Asia Pacific region excluding Japan (APEJ), and the Middle East & Africa (MEA).
Based on the product types of flame retardant apparels, the flame retardant apparel market is segmented into two categories – inherent flame retardant apparels and treated flame retardant apparel. Based on the types of flame retardant apparel, the flame retardant apparel market is segmented into woven flame retardant apparels, non-woven flame retardant apparels, and knitted flame retardant apparels.
Stringent Quality Standards and Certification Requirements for Flame Retardant Apparels Influence Pricing
Taking into consideration the importance of safety features of flame retardant apparels, governing bodies have developed high quality standards for personal protective equipment to ensure wearer safety. Manufacturers in the flame retardant apparel market need to comply with regulatory requirements before marketing and selling their products.
For example, the European Commission recently introduced the EU Regulation 2016/425 concerning the quality of personal protection equipment. The NFPA 2113 standards established by the National Fire Protection Association define the safety requirements associated with the selection, care, use, and maintenance of flame-resistant garments including fire retardant apparels.
Complying with evolving legal regulations may influence market players to modify their manufacturing strategies, which is one of the leading factors to impact the production cost of flame retardant apparels. Furthermore, tedious certification and approval procedures make a huge impact on the pricing, which adds to the manufacturing challenges for stakeholders in the fire retardant clothing market.
“Not protecting their employees with good-quality flame retardant apparels can cost employer organizations a fortune with the medical care and rehabilitation of injured employees. Apart from strict legal regulations, growing safety awareness among employees is driving the purchases of flame retardant apparels across several industries,” says Fact.MR’s report. “Flame retardant apparel market players are now focusing on improving comfort along with the safety of their products, and provide flame retardant apparels that can suit the end-users’ changing demands.”
Notable Developments in the Flame Retardant Apparel Market / Fire Resistant Clothing Market
- Lakeland Industries, Inc., a U.S.-based manufacturer of protective clothing, recently announced its collaboration with Amazon.com for sales and distribution of its products, which is a part of company’s e-commerce strategy.
- National Safety Apparel, another player in the flame retardant apparel market, recently announced that it is expanding its USA-based safety clothing manufacturing capabilities by acquiring a Chicago-based flame resistant (FR) clothing manufacturer – Rubin Brothers – and its brand Union Line™.
The Fact.MR report provides detailed analysis on the recent developments in strategies of key players in the flame retardant apparel market. Leading stakeholders in the fire retardant clothing market featured in the Fact.MR market report include Honeywell International Inc., Bulwark FR, Seyntex N.V., Fristads, Marina Textil S.L., DEVA F-M. s.r.o., Koninklijke Ten Cate nv, Portwest Ltd., Lakeland Industries, Inc., National Safety Apparel, Ansell Protective Solutions AB, Carrington Textiles Ltd, Hydrowear, Arco, Scandia Gear Europe B.V., and Eagle Technical Products.
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