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Europe Personal Protective Equipment Market to cross $ 1 bn by 2023

06-19-2018 12:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights

Personal Protective Equipment Market

Personal Protective Equipment Market

Europe personal protective equipment market size from food should generate over USD 1 billion in business by 2024. Head, eye, respiratory, face, fall, and hearing protection equipment requirement should create opportunities for various industrial participants in this region and stimulate product demand.

U.S. Personal Protective Equipment (PPE) Market size from construction applications should generate over USD 3 billion in business by 2024. Workers are required to wear safety glasses and hard hat in construction industry. Increasing government policies for workers safety should drive regional growth.

Personal Protective Equipment (PPE) Marketsize is set to exceed USD 65 billion at the end of 2023; according to a new research report by Global Market Insights, Inc. Shift in focus towards worker health and safety importance along with concerns towards industrial fatalities should drive personal protective equipment market size. Increasing number of awareness programs and government regulations on workplace safety are key trending factors influencing industry growth.

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Protective footwear market should grow significantly at over 7%. Protective boots or shoes decreases injuries from cut by sharp objects and falling objects, which may further enhance industry growth. They industry is affected by product substitute risk from duplicate and inferior quality products.

Personal protective equipment is used in various end-use application industries such as oil & gas, chemical, construction, food to minimize exposure to hazards. Making the workplace safe includes providing procedures, instructions, and training to encourage employees to work safely and responsibly.

Safety standards norms under OSHA across the U.S. for construction, shipyard employment, general industry, and marine terminals should stimulate industry growth demand. These guidelines standardizes work environment in various industries along with involvement of NIOSH and NFPA agencies to further escalate personal protective equipment market growth.

PPE companies supply products to numerous industries employing innovative and unique technology, focused on low cost and sustainable materials. Hearing protection devices may witness significant gains at over 6%. In certain industrial workplace conditions, workers exposed to excessive noise must use appropriate personal protective equipment for protecting ears.

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Industrial protective clothing demand should witness significant gains. They are used in healthcare, construction, fire fighting, food, oil & gas industries. Rapid industrialization along with huge investments in manufacturing sector should drive PPE market size.

Hand protection in Japan personal protective equipment market size should witness significant gains. They are suitable for food, electrical, refinery and chemical industries. These hand protection gloves are used to ensure employee security in the working environment and protect against cold, heat, abrasions, chemicals, and erosions.

Global PPE market share is moderately concentrated with top five industry participants catering to majority of the total volume in 2015. DuPont, 3M, Honeywell, Ansell, JAL Group, Rock Fall, COFRA, Avon Rubber, Alpha Pro Tech, Mallcom, Radians, and Cigweld are some companies in this industry.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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