Rising awareness pertaining to workplace safety as well as rise in the safety standards mandated by various regulatory authorities for workplace protection are creating plenty of new opportunities for the players in the global high visibility apparel market. Employers have also undertaken several initiatives to create employee safety awareness and avoid the risk of hazards, injuries, or accidents at workplace. These corporate compliance initiatives are expected to favor the growth in the global safety jacket market in coming years. As per the latest research report by the Transparency Market Research, the global high visibility apparel market is set to expand at a steady growth rate of 6 % over the forecast period of 2020 to 2030.
The rising demand for low cost products from several end use industries to meet the high visibility criteria put forth by the regulatory authorities is anticipated to aid in the expansion of the global high visibility clothing market in the near future. The types of products offered by the players and manufacturers operational within the global high visibility clothing market include safety vests, pants, hats, t-shirts, jackets, and rainwear, among others. The segments in the global high visibility apparel market are type O, type P, and type R. Key distribution channels used to deploy and market the products offered by the players and manufacturers in the global high visibility clothing market include offline distribution channels, multi-brand stores, online distribution channels, and retail stores.
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Asia Pacific Leads the High Visibility Clothing Market
Major regions and nations covered in the business intelligence study on the global high visibility clothing apparel market include North America (including Canada, the United States, and rest of the North America), Europe (including the United Kingdom, France, Germany, and rest of the Europe), Asia Pacific (including India, China, Japan, and rest of the Asia Pacific), Middle East and Africa (including south Africa, the Gulf Cooperation Council countries, and rest of the Middle East and Africa), and South America (including Brazil and rest of the South America). Geographically, Asia Pacific emerges as the leading regional market in the global high visibility clothing apparel market, with Europe following closely behind in the second place.
Furthermore, the demand in the global safety jacket market has also been on the rise after the outbreak of the novel coronavirus. Volunteers are using bright yellow jackets from the global safety jacket market in public spaces in order to ensure that people are following the social distancing norms. Several manufacturers in the global high visibility clothing market are also designing and producing COVID-19 printed high visibility vest for children in the format of t-shirts as well as jackets. Some of the key end use industry verticals that make use of the products in the global safety jacket market are transportation and logistics, public safety, mining, construction, oil and gas, and industrial manufacturing, among others.
Players in High Visibility Apparel Market Investing in R&D to Develop Garment Illumination Systems
Few of the major and leading players and manufacturers functional within the global high visibility clothing market include Ansell, Ballycare, Honeywell International Inc., Lakeland Industries, Inc., OccuNomix, True North Gear, 3M, ASATEX AG, Buwark, Kermel, NASCO Industries, and PIP, among others. The global high visibility apparel market witnesses a highly competitive landscape. The presence of massive number of both large scale as well as small scale players have intensified the competition in the global safety jacket market.
Several players and manufacturers operational within the global high visibility clothing market are engaged in investing in research and development activities in order to develop customizable light-weight LED light systems that can be integrated into high visibility clothing products as well as accessories. This increasing research into garment illumination sector is expected to garner various lucrative opportunities for the players in the global safety jacket market in coming years.
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