Personal Protective Equipment Market Size Scope and Comprehensive Analysis by 2030
Market Overview -
Globally, the size of personal protective equipment (PPE)
market is expected to grow at a CAGR of 6.1%, estimated to reach USD 94.17
Billion by 2030
The global personal
protective equipment market witnessed rapid growth. Stringent
industrial safety regulations and the growing adoption of industrial safety
products act as major driving forces. Besides, rapid industrialization,
urbanization, and population worldwide foster the PPE market size. Spurring growth
in the automotive and construction industries led by the rapid economic growth
boost the PPE industry.
With recent covid-led crises, personal protective equipment
has garnered much attention. Resultantly, the market is projected to witness a
significant revenue rise. In this regard, Market Research Future (MRFR) states
that the global personal protective equipment market would reach exponential
heights by 2027, registering a phenomenal CAGR during the forecast period
(2020-2027).
Additionally, the spurring rises in retail sales and the
growing focus on safety technologies are major personal protective equipment
market trends. The growing adoption of personal protective equipment across
industries impacts the market outlook positively. Similarly, supply chain
intelligence and emergency response management technology upgrades foster the
market value.
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Global Personal Protective Equipment Market –
Segmentation
The market is segmented into products, industries, hazards,
and regions. The product segment is sub-segmented into hands & arm
protection, protective clothing, foot & leg protection equipment, eye &
face protection, respiratory protection equipment, head protection, and others.
Among these, the hands & arm protection segment accounts for the largest
market share.
The industry segment is sub-segmented into construction,
manufacturing, chemicals, food, oil & gas, transportation, and others. Of
these, the manufacturing segment holds the largest market share. The type of
hazards segment is sub-segmented into chemical, electrical, fire, biological,
and others. Among these, the chemical segment accounts for the largest market
share. The region segment is sub-segmented into Americas, Europe, Asia Pacific,
and the Rest-of-the-World.
Personal Protective Equipment Market – Regional Analysis
North America accounts for a significant share in the global
personal protective equipment market with the presence of significant players
such as 3M, Alpha Pro Tech, Kimberly-Clark, and DuPont. Besides, the largest
market share attributes to well-developed infrastructure and industrial safety
standard-setting groups and trade associations provide enormous growth
opportunities, improving PPE kits' productivity.
Global Personal Protective Equipment Market – Competitive
Analysis
Numerous players form a competitive landscape in the
personal protective equipment market. These players adopt aggressive strategic
initiatives such as innovation, mergers & acquisitions, and brand
reinforcement. They continuously launch analytics and services in developing
economies to take advantage of the economic growth in these regions.
Major Players:
Players active in the global personal protective equipment
market include Honeywell International Inc. (US), ANSELL LTD (Australia), 3M
(US), Alpha Pro Tech (Canada), Delta Plus Group (France), Metric AG & Co.
KG. (Germany), MSA (US), Kimberly-Clark Worldwide Inc. (KCWW) (US), Lakeland
Inc. (US), DuPont (US), Radians Inc. (US), and Sioen Industries NV (Belgium),
among others.
Industry/ Innovation/ Related News
Sep 14, 2021--- Mallcom (India), a leading PPE
manufacturer, announced its plans to achieve constant growth with expansion and
innovation in the product line by adapting digitization. Mallcom offers a
complete PPE range protecting industrial workers from head to toe. Considering
the current scenario of social distancing, the Company plans to continue providing
an audio-visual platform to its shareholders.
Browse In-depth Market Research Report on Personal
Protective Equipment @ https://www.marketresearchfuture.com/reports/personal-protective-equipment-market-3826
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