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 have 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.
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Major Key Players
- Alpha Pro Tech, Ltd. (Canada),
- Sioen Industries NV (Belgium),
- MSA Safety Inc. (U.S.),
- Radians, Inc. (U.S.),
- 3M Company (U.S.),
- Ansell Limited (U.S.),
- Kimberly-Clark Corporation (US),
- Honeywell International Inc. (U.S.),
- Lakeland Industries, Inc. (U.S.), E I DuPont de Nemours and Co. (U.S.), Carl Zeiss AG. (Germany), and others.
According to MRFR, 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.
In July 2018, Mansfield Fire Department was awarded a grant of $15,000 from the Ohio Bureau of Workers’ Compensation in order to purchase personal protective equipment.
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.
The global personal protective equipment market is segmented into four major regions such as North America, Asia Pacific, Europe and the rest of the world. The personal protective equipment market in the North America region accounts for the largest market share in the global personal protective equipment market owing to the high use of protective gears in rapidly growing construction industry in this region.
The Europe region is projecting significant growth in the global personal protective equipment market owing to the strict regulatory framework imposed by the government for improvement in workspace safety measures. The personal protective equipment market in the Asia Pacific region is growing at a noteworthy pace owing to the increasing workers’ safety awareness in various industrial sectors in this region.
The global personal protective equipment market is segmented on the basis of type, safety products and end-users. Based on type, the personal protective equipment market is segmented into respiratory protection, protective clothing, foot & leg protection, eye & face protection, hands & arm protection, head protection, protective communications, fall management equipment, protective eyewear, and others.
Based on safety products, the personal protective equipment market is segmented into oxygen mask, safety helmets, gloves, eye protection, high-visibility clothing, safety footwear, and others. Based on end-users, the personal protective equipment market is segmented into aeronautics and aerospace, manufacturing, construction, machinery and electronics, chemical and synthetics, oil and gas, healthcare, transportation, firefighting, food and beverages, and others.
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- Raw material providers
- Investment Banks
- Government Bodies
- Control panels manufacturers
- Assembly, testing, and packaging vendors
- Solution providers
- Personal Protective Equipment Manufacturers
- Personal Protective Equipment Suppliers
- Technology standards organizations
- Technology investors
- Research institutes,
- System Integrators
- Research/Consultancy firms
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