China's protective product market is expected to exceed $20 billion over 14 years

China is a populous country with the largest group of laborers in the world, and the protective equipment market has generated a very large demand among the Chinese laborers. According to statistics, the scale of China's protective market in 2008 was nearly 9.1 billion U.S. dollars, and it is estimated that it will exceed 20 billion U.S. dollars in 2014. In the case of protective gloves only, the current total market for protective gloves in China is around 800 million pairs.

China's protective product market national standards and industry standards still need to be perfected. With protective gloves as an example, there is still a big gap between China's protective glove market and mature developed country markets. There are still many improvements in product quality and application areas, etc. Increased space. Although the current demand for protective gloves in China is still at the stage of low-end products, but with a large domestic labor base and gradual refinement of product requirements, China's demand for protective gloves in the future has great potential for growth. . Due to the lack of domestically-developed standards for protective gloves, the quality of domestic protective gloves is uneven.

Challenges Faced by China's Protective Products Market Supervision and safety accident compensation efforts in the field of domestic occupational health and safety are still at a relatively low level. In the long term, it is not conducive to the healthy development of the protective glove industry. Due to the low cost of illegal activities, a small number of production companies have chosen low-quality raw materials to produce products in order to reduce production costs and cater to the needs of downstream customers. The quality of gloves is difficult to ensure. In order to save costs, certain smaller end users will choose not to buy or purchase inferior protective gloves. These non-standard practices have brought great security risks.

The prospects of China's protective equipment market are considerable. The first draft of the "Mechanical Protective Performance Standard for Protective Gloves" has been preliminarily completed and is currently awaiting approval by national ministries and commissions. It is expected that the industry standard is expected to be released this year and next year. The release of this standard will undoubtedly help accelerate the standardization of the market and promote the further subdivision of products, thus promoting the expansion of the protective glove market.

It is believed that under the various policies introduced by the state, the protective equipment market will continue to maintain its growth momentum.