Flame-Resistant Uniforms Procurement Category Market Research Report Now Available from IBISWorld - WKRN News 2

Flame-Resistant Uniforms Procurement Category Market Research Report Now Available from IBISWorld

Posted:

This article was originally distributed via PRWeb. PRWeb, WorldNow and this Site make no warranties or representations in connection therewith.

SOURCE:

Strengthening production activity across major sectors, such as manufacturing and energy, along with rising input costs have lifted up the price of FR uniforms over the three years to 2014; during the three years to 2017, expanding production capacity and growing raw material prices will prompt suppliers to raise FR uniform prices, but rising competition from imports will keep prices in check. For these reasons and to help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has added a report on the procurement of Flame-Resistant Uniforms to its growing collection of procurement category market research reports.

Los Angeles, CA (PRWEB) July 06, 2014

Flame-resistant (FR) uniforms have a buyer power score of 3.8 out of 5. This score reflects a mix of favorable and hindering conditions existing in the market that have affected buyer power over the three years to 2014. During the period, strengthening business activity across major downstream industries, coupled with rising raw material prices, has underpinned price growth, says IBISWorld analyst Anna Son. As buyers in the manufacturing and energy sectors have slowly got back on their feet, they have expanded their production efforts. Because employers must equip their workers with sufficient protection from a thermal exposure, demand for FR uniforms has picked up in line with surging business activity.

During the three years to 2017, growing demand for protective garments and the rising prices of raw materials, such as synthetic fibers, will lift up the price of FR uniforms. Despite rising product prices, buyers will continue to benefit from low price volatility, which helps them better anticipate trends in the pricing environment and budget their purchase needs without fear of major price swings, continues Son. Additionally, rising penetration of cheaper imported FR uniforms will help warrant strong price competition, thereby supporting buyer power.

A large pool of FR uniform suppliers and low market share concentration further buoy buyer power. Despite the presence of a few prominent players, such as Carhartt and Grainger, the vast majority of the FR uniform market consists of small and midsize firms that operate on a local or regional basis. However, market share concentration has slightly risen, reflecting larger suppliers' efforts to seize a larger market share. Increasing consolidation among suppliers can be detrimental to buyers, leading to fewer suppliers to choose from.

Moderate product specialization and switching costs further restrain buyer power. Depending on the nature of the hazard, buyers must ensure that the desired FR uniform products comply with safety standards in their respective industries to avoid burn injury and other risks. Buyers of specialized FR uniforms will likely encounter more difficulties when switching suppliers due to specific product maintenance requirements. For more information, visit IBISWorlds Flame-Resistant Uniforms procurement category market research report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld.

Like IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189.

IBISWorld Procurement Report Key Topics

This report is intended to help buyers of flame-resistant (FR) uniforms. FR uniforms are constructed from materials that can deter fire from spreading and resist ignition. Flame-retardant substances are applied to the fabric of these uniforms to create flame resistance. Once the fire source is removed, FR uniforms will self-extinguish. FR uniforms are used in occupations involving high-temperature hazardous environments, such as electrical work, welding and oil refining. FR uniforms provide protection against a flash fire and electric arc flash and help mitigate burn injury from a thermal exposure. This report excludes firefighting clothes, such as turnout and extrication coveralls, jackets and coats.

Executive Summary

Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast

Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control

Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Imports
Competitive Environment
Market Share Concentration
Market Profitability
Switching Costs

Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements

Negotiation Questions

Buyer Power Factors

Key Statistics

About IBISWorld Inc.
IBISWorld is one of the world's leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorlds procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

For the original version on PRWeb visit: http://www.prweb.com/releases/2014/07/prweb11996350.htm

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

Powered by WorldNow

441 Murfreesboro Road Nashville, TN 37210

Telephone: 615.369.7222
Fax: 615.369.7329
Email: news@wkrn.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Nashville, LLC. A Media General Company.