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 Locations Chapter
The number of establishments in the industry coincides with the population, and establishment locations are generally near key markets, particularly those in the manufacturing sector. The majority of manufacturing activity takes place in the Southeast, Great Lakes and West regions. Likewise, the industry's establishments are concentrated in these regions. States with the greatest numbers of establishments and employment include California, Texas and Illinois.
The Southeast has many downstream customers, from canneries to mines. The Southeast makes up about 24.0% of industry establishments. In this region, Florida has the most establishments with 4.3%. This state has a large amount of manufacturing activity, food processing and ports of trade... purchase to read more