Adoption of integrated products will fuel recurring revenues from servicing and maintenance in Western Europe, finds Frost & Sullivan's Visionary Science Team
LONDON, Aug. 4, 2016 /PRNewswire/ -- Strict enforcement of work safety standards across Western Europe is driving investment and innovation in the region's respiratory protection equipment market. With International Organization for Standardization (ISO) standards likely to be introduced before 2020, employers will be keen to ensure compliance and invest in personal protective equipment (PPE). Among the major end-user industries, construction will experience a surge in employment in countries such as the United Kingdom (UK), Ireland, Finland, Luxembourg, Netherlands, Portugal and Sweden, translating to higher sales of respiratory protection equipment. Another important industry, manufacturing, will witness fast growth in the wood, metal, chemicals and electronics segments, brightening the prospects of equipment vendors.
New analysis from Frost & Sullivan, Analysis of the Western European Respiratory Protection Market (http://www.frost.com/sublib/display-report.do?id=MC1E-01-00-00-00&src=PR), finds that the market earned revenues of €646.6 million in 2015 and estimates this to reach €712.8 million in 2020. Disposable respirators were the biggest revenue generator, followed by non-disposable respirators and self-contained breathing apparatus (SCBA). Powered air-purifying apparatus (PAPR) is a growing segment, while airline and escape respirators are relatively small segments.
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"Resurgent economies and improving awareness of the potential risks of inhaling contaminated air have opened up further application opportunities in the chemical industry, machine operations, asbestos removal in the construction industry, agriculture, spray paints, and firefighting," said Frost & Sullivan Visionary Science Research Analyst Sanjana Prabhakar "Low exposure limits in countries like the UK, France, Germany and Scandinavia will augment both volume and prices of respiratory protection equipment."
However, the slowdown in the mining, oil and gas industries, low-cost imports, and lack of streamlined regulations can rein in the market's potential in the short term. The inadequate scope for innovation will also cause the market to compete on price in the lower-end segments such as disposable masks.
In advanced segments (PAPRs, SCBAs), wearables and sensors will enjoy higher uptake, if the cost differential is minimal. The added ease offered by PAPR through the elimination of fit-testing and seal, while using loose fitting equipment is attracting customer away from the disposable and non-disposable segments. The greater use of complex respirators will entail regular servicing and maintenance, which is an important source of recurring revenues.
Going forward, manufacturers will start offering multi-functional products that can be easily integrated with other PPE such as above. Manufacturers may also incorporate electronics in their products to make respirators smarter.
"Increasing emphasis on customer service and training will fuel new business opportunities, particularly for companies that tie in training services with products," noted Sanjana Prabhakar. "Continued partnerships with customers and strong focus on understanding local market needs will help manufacturers stand out in the intensely competitive market."
Analysis of the Western European Respiratory Protection Market is part of the Future of Personal Protective Equipment (PPE) (http://ww2.frost.com/research/industry/visionary-science/future-personal-protective-equipment-ppe) Growth Partnership Service program. Frost & Sullivan's related studies include: North American Industrial Hand Protection Market, North American Industrial Protective Clothing Market, Changing Face of Personal Protective Equipment Distribution, Wearables and Smart Technologies for Industrial Environment - A PPE Perspective, Personal Protective Equipment (PPE) Distribution Trends in North America and Snapshot of the UK and Ireland Personal Protective Equipment Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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Analysis of the Western European Respiratory Protection Market
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