Huge market space for labor protection products

at present, our government has been strengthening legislation and law enforcement in the aspect of occupational safety and health, which has created a good investment environment and broad development space for the labor protection industry. 1t is understood that China’s annual investment in personal protection, safety testing instruments and safety equipment is as high as 100 billion yuan, and the annual increase rate is 15% to 20%< At present, the state is upgrading the "standard for the allocation of labor protection articles (Trial)" formulated in 2000 to the national standard to force employers to provide workers with necessary labor protection articles; At the same time, the supervision department will supervise and inspect the implementation of the scrapping system of protective articles by the user units, and will also severely investigate and punish the production and use of fake and shoddy products. Once this policy is implemented, the enterprises that must be equipped with labor protection articles will implement a strict system of equipment and scrapping under the supervision of the state, which will be conducive to the healthy and rapid development of the labor protection articles industry, and some potential market demand will be fully exploited on November 10, 2011, the State Administration of work safety issued the 12th Five Year Plan of work safety science and technology, which included “research and development of personal labor protection articles and appliances” in the key task project of “Research on key technologies for prevention and control of occupational hazards”; On August 7, 2012, the Ministry of industry and information technology and the State Administration of work safety issued the guiding opinions on promoting the development of safety industry, which will focus on the development of advanced, safe, practical, reliable and humanized design products with high (low) temperature resistance, corrosion resistance, anti-virus, dust-proof, fire-proof Personal protection products with radiation protection and other functions are listed as the main development direction of “safety technology and products” under the guidance of the state’s high attention and industrial policies, many places have issued relevant industrial development plans for labor protection articles it can be predicted that as the country pays more and more attention to the investment in the labor protection industry, the mandatory standards will be strictly implemented for the allocation of labor protection articles, and the labor protection articles market will usher in new development opportunities

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