Respiratory Protection Equipment Manufacturing in the US - Industry Market Research Report

Respiratory Protection Equipment Manufacturing in the US - Industry Market Research Report

  • March 2020 •
  • 35 pages •
  • Report ID: 5103837 •
  • Format: PDF
Gasping for air: Foreign competition will subdue growth, despite improved technology

Abstract

Respiratory Protection Equipment Manufacturing
Over the five years to 2018, the Respiratory Protection Equipment Manufacturing industry has exhibited a decline despite the relatively high prevalence of respiratory diseases among many downstream sectors. Additionally, many manufacturers have integrated their products with technology, which has been particularly integral in attracting downstream markets that operate in extreme conditions (e.g. the mining sector). Over the five years to 2018, industry revenue is expected to contract. Additionally, profit margins are expected to decline slightly over the five years to 2018, as operators invest in more advanced technology in an attempt to increase demand for their products. Over the five years to 2023, industry revenue is forecast to grow. Manufacturers will likely tailor their products’ cartridge change schedules to individual situations, which will stimulate growth by requiring many downstream markets to purchase filters and other ancillary products more frequently. Additionally, as the industrial production index rises, this may be indicative of more workers requiring respirators and other breathing apparatuses.

This industry manufactures respiratory protection equipment, including respirators, masks and accessories, gas masks, respiration air supplying self-contained breathing apparatuses and accessories, respirator filters and accessories, protective films, and powered air-purifying respirator systems and accessories. The industry does not include sleep and breathing aids for consumers with medical conditions since these products are not considered protection equipment.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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