Personal Protective Equipment Market Growth, Trends and Forecast 2015 Personal Protective Equipment Market by Types - Sa | Page 2
Untapped market in the Northern and Southern Province is expected to pose as a
suitable opportunity for the growth of the personal protective equipments market.
These regions are currently untapped as the number of end use industries requiring
the usage of personal protective equipments are smaller compared to the other
regions. Owing to this reason, these provinces offer several expansion opportunities
for this market due to expected significant rise in the demand for the personal
protective equipment market in Saudi Arabia.
The professional footwear segment held the largest market share accounting for
more than 25% of the total personal protective equipment market in Saudi Arabia.
The high market share is mainly attributed to the increasing demand for the same in
the oil and gas sector. The oil and gas sector dominated the personal protective
equipment market in Saudi Arabia constituting for more than 40% of the total
personal protective equipment market in Saudi Arabia. Personal protective
equipment is used in the oil and gas sector to provide safety to the people working
in refineries and oil rigs. Supportive measures taken by Occupational Safety and
Health Administration (OSHA) for the usage of personal protective equipments in
the oil and gas sector owing to the rising incidents of workplace accidents taking
place in that sector is another major factor fuelling the demand for the personal
protective equipment market in the oil and gas sector.
The Eastern province dominated the personal protective equipment market in Saudi
Arabia accounting for more than 50% of the total market. This province is the
largest province in Saudi Arabia and it is inclusive of 11 boroughs and is home to
Saudi Arabia’s oil and gas production. Major companies operating in the oil and gas
sector such as Saudi Aramco, Nama Chemicals and others are based in the Eastern
Province. Further, the other end use industries such as manufacturing, construction
among others that require the usage of personal protective equipments have
significant presence in the Eastern Province.
The personal protective equipment in Saudi Arabia is marked by some intense
competition from the major players operating in this market. Extensive research and
development activities leading the innovation of new products, frequent mergers
and acquisitions and partnerships are some of the major strategies adopted by
these players to maintain their stronghold in the personal protective equipment
market. 3M Corporation, Honeywell Safety, Avon Rubber plc, Ansell Ltd., MSA
Safety, E.I. DuPont de Nemours are some of the major players operating in the
personal protective equipment market in Saudi Arabia.
The report has been segmented by product type, application type, and region and it
includes drivers, restraints and opportunities (DRO’s), supply chain analysis of the
personal protective equipment market. The study highlights current market trends
and provides forecast from 2015 to 2021. We have featured the current market
scenario for the Saudi Arabia personal protective equipment market and identified
future trends that will impact demand for personal protective equipment during the
forecast period.