PPE Market Size to Worth USD 158.55 Billion at a CAGR of 7.5% by 2030 | Reports and Data

PPE
PPE

The PPE market size is expected to reach USD 158.55 Billion in 2030 and register a revenue CAGR of 7.5% over the forecast period, according to latest report by Reports and Data. Rising need for respiratory equipment in mines, emergency response, military and law enforcement, healthcare, and fire departments, is expected to drive personal protective equipment market revenue growth.

Increasing awareness about workers’ health and safety, in addition to rise in the number of industrial deaths, mainly in developing countries, due to lack of personal protective equipment, are driving growth of the PPE market. Technological innovation, accompanied by changing needs of consumers in personal protective equipment, are expected to drive expansion of the market. Rising concerns regarding health and safety of employees in earthquake-prone areas is also expected to drive market revenue growth.

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Leading Players– 3M Company, Ansell Limited, Honeywell International Inc., MSA Safety Inc., Lakeland Industries, Inc., DuPont de Nemours Inc., Avon Rubber plc., Radians, Inc., Kimberly-Clark Corporation, and Alpha Pro Tech, Ltd.

COVID-19 Analysis: The COVID-19 epidemic has increased demand for personal protective equipment products, including masks, respirators, protective clothing, and gloves. Manufacturing and aerospace industries are providing personal protective equipment to their employees to protect them from the COVID-19 pandemic. Manufacturers are working at 100% of their capacity to supply personal protective equipment in all regions due to the growing gap between supply and demand, which in turn, is expected to increase demand for personal protective equipment over the forecast period.

Some Key Highlights in the Report

  • Hands and arm segment accounted for largest revenue share in 2020 due to massive deployment of hands and arm protective equipment in the manufacturing sector. There is increasing demand for disposable hands and arm clothing in sectors such as healthcare and chemicals, as protective hands and arm clothing cannot be reused due to contamination in these sectors, which in turn, is expected to support growth of the segment.
  • Chemical segment accounted for largest revenue share in 2020. Exposure to chemicals can lead to skin and eye irritation, organ damage, cancer, respiratory problems, and fire and smoke-related injuries. Personal protective equipment is used to minimize the impact of chemical hazards on workers, and it includes closed pants and shoes, chemical-resistant gloves, lab coats, and eye protection.
  • The manufacturing industry requires personal protective equipment to mitigate risks associated with processes such as cutting, grinding, welding, and casting. Manufacturing segment is expected to register a rapid revenue growth rate during the forecast period, as the sector requires a range of personal protective equipment
  • Personal protective equipment market in North America is expected to register a significantly high revenue growth rate during the forecast period due to increasing awareness among manufacturers and workers about workplace safety measures. Rise in fatalities and accidents at work is also expected to increase demand for personal protective products in the region. Presence of various services and manufacturing industries, coupled with strict rules and regulations governing industrial security, are expected to support market growth in North America.

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.

The PPE market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the PPE market.

Type Outlook:

  • Head, Eye and Face Protection
  • Protective Clothing
  • Hearing Protection
    • Respiratory Protection
    • Protective Footwear
    • Hand Protection
    • Fall Protection
    • Others

Application Outlook:

  • Healthcare
  • Construction
  • Food
  • Manufacturing
  • Oil & Gas
  • Chemicals
  • Pharmaceuticals
  • Mining
  • Transportation
  • Others

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Frequently Asked Questions Addressed in the Report:

  • What is the estimated market revenue growth over the forecast period?
  • What are the major factors driving the global PPE market revenue growth?
  • Which regional market is expected to account for the largest revenue share in the global PPE market over the forecast years?
  • Which are the leading players in the global PPE market?
  • What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors. 

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