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Personal Protective Gear Industry Will Hike to $7.2 Billion by 2012.
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PR Newswire
- Article date:
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January 11, 2008
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Copyright informationCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Jan. 11 /PRNewswire/ -- A new report from SBI, entitled Personal Protective Equipment in the U.S., forecasts the U.S. Personal Protective Equipment (PPE) market will hit $7.2 billion by 2012, after a steady 3% year-over-year incline. This growth rate is rather conservative compared to the double-digit growth experienced in 2002, which was almost 25% year-over-year. Accounting for 44% of the market, the 'body, clothing, and other' protective gear category has led the industry in recent years, adding more than $1 billion to the market since 2002.
Several factors have affected the growth in the PPE market including concern for employee safety on the corporate ...