Personal Protective Equipment Market – Overview
Renewed focus on health and safety has led to an increase in the personal protective equipment industry. Market Research Future which focuses on market reports connected to the semiconductors & electronics sector amongst others lately published a report on this industry. The industry for Personal Protective Equipment is estimated to attain USD$ 53.14 Billion by the year 2023 while growing at 6.2% CAGR in the forecast period.
Increased level of construction activities has heightened the level of requirement in the personal protective equipment market. Construction and laboratory setups are one of the most frequent user in terms of the industry end users. Smart wearable protective equipments have increased the potential of growth of the industry. Rise in the levels of personnel involved in manual operations have intensified the growth of the market.
The prominent players in the Personal Protective Equipment Market are –Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), Radians, Inc. (US), 3M Company (US), MSA Safety Inc. (US), Ansell Limited (US), Kimberly-Clark Corporation (US), Honeywell International Inc. (US), Carl Zeiss AG. (Germany), E I DuPont de Nemours and Co. (US), and Lakeland Industries, Inc. (US) among others.
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The Personal Protective Equipment Market is growing rapidly over 6.2% of CAGR and is expected to reach at USD $~ 53.14 Billion by the end of forecast period.
Detailed Regional Analysis
The region wise analysis of Personal Protective Equipment industry includes regions such as Europe, North America, Asia pacific and Rest of the World. The North American is one of the foremost region in the global market and has taken over 38% of the market share and has a major market portion in the market for Personal Protective Equipment. In the North American region, the construction uses generate high revenue growth levels to the companies as the workers use smart glasses extensively while also widely using virtual arms in construction sector. The growing focus of governments in terms of rules and regulations for workers safety is motivating regional growth in the European region and is anticipated to observe speedy growth in the forecast period. The countries in the Asia-Pacific regions like Japan, China and South Korea are a developing market for this industry. This sector also has a great degree of potential for unparalleled growth in the forecast period.
Global Competitive Analysis
Diverse products are bound to increase the demand levels of the industry which will lead to speedy growth in the market. The industry is upholding the growth potential of the market through constant ongoing course advances and supporting financial flexibility to spend in the finest strategies when they arise. Due to the lucrative potential of this market, the contenders in the industry are aiming to grow their market portion to a by the usage of major assets to allow growth transformations which will be good for the long run transformation of the sector. This outlook is favorable for the volume driven growth of the sector.
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Industry Segments
The personal protective equipment industry has been divided for the purposes of the report into the basis of safety products, type and end – users.
By Safety Products: Eye Protection, Safety Helmets, Oxygen Mask, Gloves, Safety Footwear, High-Visibility Clothing and Others
By Type: Respiratory Protection, Protective Eyewear, Protective Communications, Protective Clothing, Eye & Face Protection, Foot & Leg Protection, Head Protection, Hands & Arm Protections, Fall Management Equipment and Others.
By End-User: Manufacturing, Food and beverages Aeronautics and Aerospace, Construction, Chemical & Synthetics, Oil & Gas, Firefighting, Healthcare, Machinery & Electronics, Transportation and others
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