Frost & Sullivan: Economic and Regulatory Trends Drive Sustainable Growth in Safety Services Market

Frost & Sullivan: Economic and Regulatory Trends Drive Sustainable Growth in Safety Services Market PR Newswire MOUNTAIN VIEW, California, Sept. 26, 2012 - Companies entering the market gain by partnering with established competitors MOUNTAIN VIEW, California, Sept. 26, 2012 /PRNewswire/ -- The safety services market has experienced a high growth rate due to an increase in global awareness for employee and process safety. Using these services, employers can be more effective at complying with regulations on workplace safety, thus minimizing the risk of financial or human loss related to the occurrence of several (sometimes interrelated) events. These services therefore compel cross-functional cooperation in anticipation of continuous improvements in safety. Frost & Sullivan's Chemicals, Materials & Food practice (www.frost.materials.com) finds that the safety services market earned revenue of $4.24 billion in 2011 and estimates this to reach $5.24 billion in 2016. To view the video on "Safety Services Market: A Global Snapshot" and for the full multimedia experience of this release, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.