Mexico protective clothing market is projected to grow at a compound annual growth rate of 4.6% over the forecast period to attain a market size of US$250.246 million in 2027, from US$182.648 million in 2020.
Growing concerns regarding workers’ safety across various end-use industries where the work environment can be hazardous are boosting the market growth of protective clothing in Mexico. The growing aerospace industry in Mexico is also one of the driving factors behind the protective clothing market in the country. According to the Mexican Federation of the Aerospace Industry (FEMIA), the country is projected to rank among the top ten countries in the global aerospace industry by 2020. It will export more than US$12 billion of Mexican total production while accounting for 110,000 of the country’s manufacturing jobs. Furthermore, the presence of skilled labour on account of the growing education infrastructure in the country is also contributing to this industry’s growth, thereby spurring the market growth of protective clothing in Mexico. With the mushrooming population in the country, the demand for energy is set to increase substantially in the coming future. As such, the rising energy and power industry will continue to bolster the protective clothing market growth in Mexico during the next five years. According to the IEA (International Energy Administration) statistics, the total natural gas supply in Mexico increased from 64,662 ktoe in 2015 to 68,698 ktoe in 2018.
The recent COVID-19 pandemic has been a major factor behind the sudden rise in the demand for protective clothing in the healthcare sector in the country. The rising number of patients suffering from coronavirus is continuously surging the demand for more protective gear, thus driving the protective clothing market growth in the country.
In order to stop the spread of this fatal illness, demand for protective clothing goods is rising not only in the healthcare sector but also in other businesses. Healthcare professionals' complaints about their working conditions and the scarcity of protective equipment have increased as a result of the COVID-19 pandemic. However, this element offers a fantastic opportunity for makers of protective garments to boost or extend their production capacity in order to effectively supply in the event of an epidemic in the future. Although there is now a supply issue because of the COVID-19 epidemic, demand for PPE will rise in the near future
The Mexican Protective Clothing market has been segmented based on the type and end-user industry. By type, the market has been segmented as flame retardant apparel, chemical defending garments, cleanroom clothing, mechanical protective clothing, and limited general-use clothing. By the end-user industry, the Mexican protective clothing market has been classified into oil and gas, chemical, pharmaceuticals, aerospace and defense, healthcare, and government.
|Market Size Value in 2020||US$182.648 million|
|Market Size Value in 2027||US$250.246 million|
|Growth Rate||CAGR of 4.6% from 2020 to 2027|
|Forecast Unit (Value)||USD Million|
|Segments Covered||Type, And End-User Industry|
|Companies Covered||DuPont, Honeywell International Inc., MCR Safety, Lakeland Industries, Inc., Garufa Jeans|
|Customization Scope||Free report customization with purchase|
Honeywell International Inc.
Lakeland Industries, Inc.
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