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Personal Protective Equipment Market 2018-2024 Growth & Regional Revenue By Global Players 3M, Honeywell, Ansell, Avon Protective Systems, DuPont, MSA - The Safety Company, Radians, Inc.
Personal Protective Equipment (PPE) Market
Personal protective equipment is used to protect body from infection, injury, and accidental hazards along with workplace safety to the employees. It includes protective helmets, clothing, goggles, gloves, respiratory protection, and footwear. The equipment protects wearer from electrical, physical, biohazards, chemical, heat and airborne particulate matter. Growing investments in PPE equipment in maintaining industrial and worker’s safety along with availability of diverse product range is likely to favor PPE industry growth.
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A survey of EHS directors representing 31 countries and 25 industries in 2018 indicated that personal protective equipment market, which was valued at USD 40 billion in 2016, will continue to register an expansive growth over 2017-2024. Of the 382 EHS directors who participated in the survey, 21% have been reported to say that they expect to increase environmental, health and safety professionals’ budgets by double digits and 48% of EHS directors said that even if not increased, the budget will remain the same as in 2017.
It would prudent to state therefore, that safety and incident management are the leading concerns for EHS software expenditure plans. The personal protective equipment market is thus poised to garner major profits as smart and wearable personal protective equipment and incident management mobile apps come to the fore as the notable emerging technologies of interest in 2018.
- Personal Protective Equipment Market By Product
• Head Protection
• Eye and Face Protection
• Hearing Protection
• Protective Clothing
• Respiratory Protection
• Protective Footwear
• Fall Protection
• Hand Protection
• Others
- Personal Protective Equipment Market By Application
• Construction
• Manufacturing
• Oil & Gas
• Chemicals
• Food
• Pharmaceuticals
• Transportation
• Others
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Germany Personal Protective Equipment market size is anticipated to surpass USD 5.5 billion by 2024. In food processing industry, food is handled selecting the right safety equipment including gloves, apron, and caps. Majorly to avoid cuts, injuries to the skin & hands, and to avoid health risks to consumers from contaminated food ingredients.
Personal Protective Equipment cater to mechanical, mining, chemical, oil & gas, construction, manufacturing industries. These equipment helps workers to avoid vapors, dust, fog, mist, smoke and other harmful chemicals & gases. Increasing R&D spending on technological innovation in this sector may stimulate industry growth. The effectiveness of PPE relies on workers following instructions and procedures correctly.
Personal Protective Equipment market size from chemical application is anticipated to exceed USD 7.5 billion by 2024. PPE is used by workers to eliminate exposure to harmful chemicals. Chemicals can cause injury through direct skin contact, by inhalation of fumes vapors and dust. Typical products utilized include skin protection, eye protection and face shields which would drive product demand.
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Global Personal Protective Equipment (PPE) market share is competitive and moderately fragmented with some of the manufactures which includes 3M, Ansell Ltd., Honeywell, JAL Group, MSA, DuPont. Companies are focused to manufacture innovative safety products which can have utilization in various end-use industry.
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