Tuesday, June 25

Personal Protective Equipment Market Size to Grow at a CAGR of 5.70% in the Forecast Period of 2023-2028

The ‘Global Personal Protective Equipment Market Size, Share, Price, Trends, Growth, Industry Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global personal protective equipment market, assessing the market on the basis of its segments like product type, end-use, and major region.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Personal Protective Equipment Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 68.6 billion
• Forecast CAGR (2023-2028): 5.70%
• Forecast Market Size (2028): USD 85.5 billion

Personal protective equipment enhances the safety of workers across various end use sectors, increasing protection from various hazards, leading to greater efficiency and productivity of the employees. The increasing demand for personal protective equipment in the healthcare sector is driving the personal protective equipment market. This can be attributed to the rising awareness about hospital acquired contaminations, prevalence of bacterial and viral infections, and risk of injury from sharp medical products. In addition, the increasing standards of hospitals and ambulatory surgical centres are further expected to propel the demand for eye and face protection, respiratory protection, and fall protection equipment, leading to a higher growth of the personal protective equipment market revenue.

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The increasing applications of personal protective equipment in the construction and mining sector is another crucial driving factor of the market for personal protective equipment. Construction workers and mining employees rely heavily on personal protective equipment, such as safety shoes, glasses, hardhats, and helmets, to prevent fatal injuries or permanent damage to them. In line with this, the increasing awareness among workers, rising number of workplace injuries, rapid development of residential and commercial structures, and surging mining activities are bolstering the personal protective equipment market growth.

Personal Protective Equipment Industry Definition and Major Segments

Personal protective equipment refers to any type of wearable or device which is worn by a person to enable them to avoid any kind of contact with biological, chemical, or physical hazards. The personal protective equipment is strong and durable, making it effective against illness, injury, or against any danger.

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Based on product type, the market is segmented into:

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

By end-use, the market is segmented into:

• Construction and Mining
• Manufacturing
• Oil and Gas
• Chemicals
• Food
• Healthcare and Pharmaceuticals
• Others

On the basis of region, the market is categorised into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Personal Protective Equipment Market Trends

The key trends in the global personal protective equipment market include the stringent regulations of governments of emerging economies aimed towards improving the safety standards across end use sectors such as manufacturing, chemical, and healthcare and pharmaceutical, among others. The growing prevalence of contagious health conditions is further heightening safety consciousness among the population, leading to a greater scope of the personal protective equipment market growth.

Rapid development of railway lines, shopping malls, roads, and commercial spaces across developing economies is generating a steady demand for personal protective equipment. The growing research and development activities by the major manufacturers of personal protective equipment, to improve the quality and enhance durability are expected to be the crucial trends in the market.

In geographical terms, North America holds a significant share in the market for personal protective equipment. The market in this region is being driven by the rising demand for personal protective equipment from food service sector, growing expansion of the sales channels, and increasing manufacturing activities across well-established economies such as the United States and Canada. Meanwhile, the Asia Pacific is likely to witness a steady growth, owing to the increasing construction activities across emerging economies like India and China.

Key Market Players

The major players in the global personal protective equipment market report are

• The 3M Company
• Honeywell International Inc.
• Cardinal Health Inc.
• Dynarex Corporation
• W.W. Grainger, Inc.
• Kimberly-Clark Corporation
• DuPont de Nemours, Inc.
• Würth Group
• MSA Safety Incorporated
• Radians, Inc.
• Ansell Ltd.
• Avon Protection plc
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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