The Turkey personal
protective equipment market is projected to witness steady growth
over the next four years, states Transparency Market Research in a
report, titled “Personal
Protective Equipment Market - Turkey Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020.” This
98-page research publication is designed to help clients gain sharp
insight into the workings of the personal protective equipment market
in Turkey and devise profitable and actionable strategies for the
future.
Personal protective
equipment includes items such as gloves, helmets, high-visibility
clothing, eye protection, harnesses, and safety footwear, and
protects users against safety or health risks at the workplace. There
are several rules and laws in place regarding the mandatory use of
personal protective equipment in many industrial settings to prevent
accidents.
The Turkey personal
protective equipment market is anticipated to register a 7.2% CAGR
from 2014 to 2020, with the value increasing from US$784.6 mn in 2013
to US$1.2 bn by 2020. This growth can be attributed to a number of
factors, including growing application in several end-use industries
and rising concerns regarding occupational safety. Strict worker
safety regulations in place in Turkey have also greatly fueled the
demand for personal protective equipment. On the down side, the
automation of the production process and the availability of
inexpensive and low-quality products threaten to hamper the growth of
the personal protective equipment market in Turkey.
The report
examines the personal protective equipment market in Turkey based on
type, application, and geography.
On the basis of
type, the Turkey market for personal protective equipment has been
categorized into head protection, protective clothing, professional
footwear, hand protection, eye and face protection, hearing
protection, respiratory protection, fall protection, and others. In
2013, professional footwear dominated the overall market for personal
protective equipment and this segment is anticipated to retain its
lead position throughout the forecast period. While the segment of
head protection gear also holds a significant share in the personal
protective equipment market, the segment of hand protection equipment
is projected to expand at the fastest pace from 2014 to 2020 owing to
the rising application scope in a number of industries such as
manufacturing, chemicals, construction, transportation, and
pharmaceuticals.
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Based on
application, the personal protective equipment market has been
segmented into oil and gas, power and energy, food, transportation,
real estate and construction, petrochemicals, manufacturing,
pharmaceuticals, and others. Of these, the manufacturing sector held
the largest share in 2013 and the petrochemicals sector is expected
to be the fastest growing application segment during the forecast
period.
By geography, the
personal protective equipment market in Turkey is divided into
Istanbul and Rest of Turkey. Istanbul accounts for the largest share
in the Turkey personal protective equipment market and is likely to
continue its lead through 2020 owing to the fact that the city
employs a major portion of the total workforce in Turkey. Other
cities such as Kayseri, Mersin, and Ankara have also been gaining
prominence in recent years owing to increased demand for personal
protective equipment.
Rahman Industries
Ltd., Avon Rubber p.l.c., Elten GmbH, COFRA Holding AG, 3M Co.,
Ansell Ltd., JAL Group, Oftenrich Holdings Company Limited, and
Honeywell Safety Products are some of the leading companies competing
in the Turkey personal protective equipment market. These players
have been examined in detail in a section of the report that is
solely dedicated to the studying the competitive landscape of the
personal protective equipment market in Turkey.
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Transparency Market
Research (TMR) is a global market intelligence company providing
business information reports and services. The company’s exclusive
blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use
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and analyze information.
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repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
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