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Indian PPE Market to Grow Past USD300 Million by 2016 as End-user Awareness Rises Finds Frost & Sullivan - With India slowly gaining stature as a manufacturing hub, growth opportunities are rife for manufacturers of personal protective equipment (PPE) across various industries
Indian PPE Market to Grow Past USD300 Million by 2016 as End-user Awareness Rises Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Mumbai, India, 2010/12/20 - With India slowly gaining stature as a manufacturing hub, growth opportunities are rife for manufacturers of personal protective equipment (PPE) across various industries.

   
 
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However, better awareness among end users regarding the importance of good quality PPE and regulatory support will be a prerequisite for the market to reach its true potential.

New analysis from Frost & Sullivan (chemicals.frost.com), Strategic Analysis of the Indian Personal Protective Equipment Market, finds that the market earned revenues of $132.1 million in 2009 and estimates this to reach $303.1 million in 2016. The study covers above-the-neck PPE, protective clothing, respiratory protective equipment, protective gloves, and protective footwear segments.

If you are interested in more information on this study, please send an email to Anish Charles / Nimisha Iyer, Corporate Communications, at anishc[.]frost.com / niyer[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

Currently, low-cost, uncertified, and sub-standard products that decrease the safety levels of personnel and erode the market shares of certified PPE manufacturers dominate the Indian PPE market. The high price sensitivity among end users also discourages market growth in terms of revenues. Further, no incentives are available for those who adopt high quality product offerings. Some end users even tend to re-use the disposable PPE, especially protective clothing and gloves.

"The Indian PPE market's foremost challenge is to create more awareness among end users about the correct PPE products – especially protective gloves – to be used in various industries," says Frost & Sullivan Industry Analyst Vignesh Raja. "Lack of enforcement of government's occupational and safety regulations only reduce the potential of the total PPE market."

The government's failure to ensure the compliance of safety regulations shifts the responsibility of creating better awareness about the PPE products on to the manufacturers. Therefore, the PPE manufacturers must take the initiative to drive sales growth in high quality PPE by encouraging industries to invest in certified quality products despite their high price.

To begin with, PPE manufacturers must introduce a diverse range of products to cater to various price segments. A well-planned distribution network will further ensure that the products reach the right end users.

"By introducing training initiatives, investing in branding and setting up a consortium / organization to initiate stringent enforcement of safety standards, the PPE market in India is already poised for a steady growth," concludes Raja.

Strategic Analysis of the Indian Personal Protective Equipment Market is part of the Chemicals & Materials Growth Partnership Services program, which also includes research in the following markets: Strategic Analysis of Middle East (GCC) Personal Protective Equipment Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

Strategic Analysis of the Indian Personal Protective Equipment Market / P350

Contact:
Tanu Chopra. Corporate Communications –Middle East
P: +91 22 4001 3437 / F: +91 22 2832 4713 - E: tanu.chopra[.]frost.com.

 
 
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Indian PPE Market to Grow Past USD300 Million by 2016 as End-user Awareness Rises Finds Frost & Sullivan

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Publisher Contact: Anish Charles / Nimisha Iyer 
+91.22.4001 3419 / +91 98200 50519 anishc[.]frost.com / niyer[.]frost.com
 
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