Industry Analysis & Industry Trends
Over the past five years, the recession led to reduced demand from construction and manufacturing, which are the two key markets for safety equipment distributors. Despite a decline in revenue for industry operators, rising consumer spending is expected boost manufacturing activity. In addition, the recovering construction markets will increase demand for safety equipment. Improving demand from these two markets will increase industry revenue over the next five years.... purchase to read more
Industry Report - Industry Investment Chapter
The Safety Equipment and Supplies Distributors industry moves stock from the manufacturer to the end user. This function involves transportation, storage and marketing of stock, which by nature are labor-intensive activities. As such, wages comprise an estimated 13.7% of total industry revenue, but purchases of capital equipment comprise only an estimated 1.0%. The main capital costs for operators include computerized inventory controls and warehousing equipment like shelving, forklifts and pallet trucks. The cost of these items is usually depreciated over a period of several years, thus further minimizing their portion of an average firm's annual revenue... purchase to read more