Industry Analysis & Industry Trends
Firms in the industry distribute safety equipment and supplies such as work wear, footwear, personal protective equipment, warehousing safety equipment and safety signs to hospitals, work sites and factories. A variety of regulations forcing employees to use safety equipment ensures constant demand for work wear, footwear and protective equipment. On top of this, the threat of legal action or bad publicity from workplace fatalities and injuries means businesses are sufficiently incentivised to invest in health and safety of their own accord.
During the past five years, demand for industry products has been supported by booming conditions in the resources sector... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry displays a moderate level of concentration. The top three players operating in the industry account for almost 50% of industry revenue. Wesfarmers is easily the largest distributor of safety equipment in Australia, accounting for about 35% of revenue. Wesfarmers operates four businesses in the industry, including Blackwoods, Bullivants, Total Fasteners and Protector Alsafe... purchase to read more