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Thursday, 25 August 2022 13:18

Global protective clothing market to grow at 6.3% CAGR by 2030

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The global protective clothing market is likely to grow at 6.3 per cent CAGR to reach $13.72 billion by 2030

As per a Textile Today report, North America will command the regional market with the largest share growing at a CAGR of 5.7 per cent during the forecast period. Oil & gas, construction & manufacturing, healthcare/medical, firefighting & law enforcement, and mining are among the industries whose demand for thermal protective clothing has increased in North America.

Asia-Pacific will hold the second-largest share of $4.38 billion, growing with the highest CAGR of 7 per cent during the forecast period. Construction and building is Asia-Pacific’s most rapidly expanding industry, particularly in China and India. During the forecast period, expanding industries such as building and construction, oil and gas, mining, and automotive will boost demand for protective clothing.