Press release
Personal Protective Equipment Market 2020 Analysis by Global Manufacturers – Honeywell, Moldex-Metric, 3M, Msa Safety, DuPont, Delta Plus, Ansell, Protective Industrial Products, Kimberly-Clark, UVEX, Oftenrich Group, Bullard
The Personal Protective Equipment Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.According to this study, over the next five years the Personal Protective Equipment market will register a 5.5%% CAGR in terms of revenue, the global market size will reach $ 42410 million by 2025, from $ 34280 million in 2019.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Personal Protective Equipment Market: Honeywell, Moldex-Metric, 3M, Msa Safety, DuPont, Delta Plus, Ansell, Protective Industrial Products, Kimberly-Clark, UVEX, Oftenrich Group, Bullard, Avon Rubber, Cordova Safety Products, JAL Group, KARAM, Lakeland Industries, COFRA, Woshine Group and others.
Industry News:
Honeywell Q2 Sales Fall 19% Despite PPE Order Surge
Jul 27th, 2020: Manufacturing conglomerate Honeywell reported its 2020 second quarter financial results on Monday, showing that an ongoing surge in orders for its personal protective equipment amid the COVID-19 pandemic wasn't nearly enough to offset weakness in other areas. The Charlotte, NC-based company reported total Q2 sales of $7.48 billion, down 19 percent year-over-year (YoY), with organic sales down 18 percent. In Q1, sales of $8.5 billion were down 5 percent YoY, with organic sales down 4 percent. In Q2, operating profit margin of 13.6 percent was down 550 base points from a year earlier and down from 20.0 percent in Q1. Q2 operating profit of $1.22 billion was down from $1.98 million a year earlier, while total profit of $1.01 billion was down from $1.56 billion a year earlier and $1.61 billion in Q1.
Honeywell said that its previously-announced cost reduction actions, which include reduced discretionary spending; canceled merit increases company-wide; reduced work schedules; reduced executive and board member pay and $250 million of funded repositioning in Q2; combined to result in Q2 cost savings of about $500 million in Q2 and $700 million for the first half of 2020. The company expects those measures to result in full-year savings of $1.4 billion to $1.6 billion.
MSA Safety donates N95 masks to assist in COVID-19 response
Apr 1, 2020: CRANBERRY TOWNSHIP, Pa. — MSA recognizes the critical need for personal protective equipment (PPE) as we work together in the effort to mitigate the spread of COVID-19. As a leader in safety, MSA is an essential business and intends to continue operating its manufacturing facilities during times of lockdown or crisis, to the extent practicable, while protecting the health and safety of our workforce. We do this because many of our customers require protection to continue to work in times of global crisis. This includes first responders, who are tasked with keeping us safe and, in some cases, directly responding to the COVID-19 outbreak. It also includes helping to protect those tasked with keeping our infrastructure functioning, particularly in times of a global emergency.
While disposable N95 masks and other personal protective equipment used by healthcare professionals in pandemic situations are not manufactured by MSA, we have donated our complete allotment of available N95 respirators (sourced from a third-party supplier) to the local Pittsburgh medical community. These 65,000 respirators are directly helping medical professionals working throughout our region. We are also working with the White House to determine how MSA can respond to the Administration’s request for other types of respirators that could be used in the COVID-19 battle.
Global Personal Protective Equipment Market Split by Product Type and Applications:
This report segments the market on the basis of Types are:
Hand Protection
Protective Clothing
Protective Footwear
Respiratory Protection
Head, Eye and Face Protection
Fall Protection
Hearing Protection
Others
On the basis of Application, the market is segmented into:
Manufacturing
Construction
Oil and Gas
Transportation
Chemicals
Food
Pharmaceuticals
Others
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Regional Analysis For Personal Protective Equipment Market:
For comprehensive understanding of market dynamics, the global Personal Protective Equipment market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Personal Protective Equipment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2025.
Following are major Table of Content of Personal Protective Equipment Market:
- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source
Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter’s Five Forces Analysis and SWOT Analysis.
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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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https://www.marketinsightsreports.com/reports/10272401800/global-healthcare-personal-protective-equipment-market-research-report-with-opportunities-and-strategies-to-boost-growth-covid-19-impact-and-recovery?source=openpr&Mode=12
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Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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