Israel protective clothing market was evaluated at US$30.443 million for the year 2019.
The protective clothing market in Israel is projected to show good growth during the next five years. The growth of the market in Israel is significantly driven by the consistently growing end-user industries in the region which majorly include Technology, mining, and pharmaceuticals among others. Furthermore, the well-established defense sector is also a primary driver for the growth of the protective clothing market throughout the forecast period. As per the Israel Ministry of Foreign Affairs, the high-tech industry is growing with an annual growth rate of 8%, meanwhile, 4.9 percent of the national gross domestic product is spent on these high-tech industries, which is the highest among all the OECD countries.
Furthermore, the presence of a robust mining and manufacturing industry also provides an impetus for the market to surge during the coming years. Furthermore, the increasing investments in the R&D along with innovation of products and solutions are constantly developed throughout the various industry verticals which include space products, pharmaceuticals, food processing, and solar power all these factors further supplement the growth of industries in the country and thereby positively impact the protective clothing market in the country in the coming years.
Moreover, the current outbreak of COVID-19 Coronavirus Disease throughout the country is also considered to be one of the prime factors for boosting the demand of protective clothing in the coming time, this, in turn, is also expected to add up to the market growth significantly during the short run.
Israel protective clothing market has been segmented on the basis of type and end-user industry. By type, the market has been segmented as flame retardant apparel, chemical defending garment, cleanroom clothing, mechanical protective clothing, and limited general-use clothing. By the end-user industry, the Israel protective clothing market has been classified into oil and gas, chemical, pharmaceuticals, aerospace and defense, healthcare,and government.
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