The analysts forecast the global fall protection market to grow at a CAGR of 9.48% during the period 2017-2021.
Global Fall Protection Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is underpenetrated markets in developing countries. The demand for fall protection equipment has been low in emerging economies in APAC and the Middle East and Africa due to the absence of stringent workplace safety rules and low awareness about the benefits of fall protection equipment.
This acts as a major obstacle to the growth of the global market as developing countries in APAC, especially India and China, are expected to witness the fastest industrial growth during the forecast period. India has a lack of well-defined and stringent regulations for occupational safety, which can hinder the growth of PPE market in India.
Although the 1948 Indian Factories act have been amended to include the use of PPE, implementation at the enterprise level is still limited. Moreover, the poor enforcement of laws and lack of training on selecting correct PPE will restrict market growth. Regulatory bodies such as Occupational Health and Safety Management Systems, Indian Labour Organization, and The National Disaster Management have promoted the use and benefits of PPE.
Other prominent vendors
- Buckingham Manufacturing
- Guardian Fall Protection
- Norguard Industries
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/b759xx/global_fall