Global Personal Protective Equipment Market By Type, By End-Use Industry, By Geographic Scope & Forecast (2022-2030)

According to the report published by Credible Markets, The Global Personal Protective Equipment Market size was at USD 53.22 Billion in 2020, and it is predicted that it will reach a valuation of USD 99.34 Billion by the end of 2030 with an annual development rate (CAGR) of 6.11% between 2022 and 2030.

Global Personal Protective Equipment (PPE) market- Overview

The equipment used for the protection from various injuries such as lung problems due to contaminated air, and skin and eye problems caused by corrosive materials is called Personal Protective Equipment (PPE).

Several items can be used as PPE, such as helmets, gloves, safety footwear, protective clothes and eye protection products, etc.

Key market trends: Drivers and Restraints

Drivers: Growth in the construction sector
The demand for personal protective equipment (PPE) to protect workers from harm or serious injuries is rising, particularly from India and China, due to increasing construction activities.

Falls are the primary reason for injuries in the construction industry; therefore, employees need to wear hard hats and safety glasses at the construction sites.

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Construction workers also use respiratory protection gear to get protection from the gases, dusts and vapours or mists.

Restraints: sale of counterfeit or low-quality products

Low quality or counterfeit PPE products can be found at very low prices, but they don't offer the required level of protection. During the covid-19 pandemic, many countries faced a shortage of protective gears, which resulted in the production of low quality products by various small scale manufacturers . Several counterfeit face-masks made by china for online sale channels in India and other South-East Asian countries were taken down, as they claimed false registration trademark VALPRO and the approval number of 3M Company.

Furthermore, no awareness about workplace hazards has been limiting the progression of the personal protective equipment (PPE) market.

Segmental Analysis of Personal Protective Equipment (PPE) Market

Based on product type:
• Hands and Arm
• Respiratory
• Eye and Face
• Head Protection
• Foot and Leg
• Protective Clothing

The protective clothing segment led the Personal Protective Equipment (PPE) market and accounted for the largest share of the global revenue in 2020. This high share is attributed to its ability to protect patients from infection due to exposures to infectious material brought by visitors and health care workers.
The protective clothing segment, followed by the hands and arm segment is accounted for the largest global revenue share in 2020. This growth is ascribed to the rising deployment of hands and arm protective equipment in the manufacturing industry.

Based on end-user:
• Construction
• Oil and Gas
• Manufacturing
• Food and Beverage
• Chemicals
• Transportation
• Healthcare
• Others

The manufacturing segment is anticipated to register the fastest revenue growth in the market over the forecast period. This growth can be credited to the surge in demand for a range of personal protective equipment gear in the manufacturing industry.

However, the Construction segment is also accounted for a significantly large revenue share in the global market in 2020. Personal protective equipment is commonly used in residential and commercial construction, as workers in the construction industry always encounter fatal hazards such as inhalation of silica dust, rooftop collapse and injury from heavy construction equipment.

Europe has been dominating the market at a considerable CAGR.

Europe led the market and capture a substantial revenue share in 2020. This notable expansion is credited to the strict government regulation regarding the design, manufacture and marketing strategy of personal protective equipment (PPE).

Moreover, North America is also anticipated to witness significant growth in CAGR in 2020 over the forecast period. This is ascribed to the rising cognisance of workplace safety measures among workers and manufacturers.

Competitive Landscape

The prominent players influencing the competitive hierarchy of the market sphere are ANSELL Ltd., Honeywell International Inc., 3M Company, Delta Plus Group, Alpha ProTech, Avon Protection plc., Kimberly-Clark Corporation, Toshiba Corporation, Lakeland Industries Inc., and DuPont.

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Major Developments
• In July 2020, the IDA foundation coupled with ADB (Asian Development Bank) supplied personal protective equipment in Asia.

• In June 2020, Nippon paint launched the "Medifresh" brand. It is a range of PPEs. This range consists of gloves, hand sanitisers, and facial masks. Post pandemic, personal protective equipment (PPE) has become essential in the product lists.

Major questions answered in this report
• What is the growth rate of the Personal Protective Equipment (PPE) market?
• What are the primary growth determinants of the Personal Protective Equipment (PPE) market?
• Which are the major regions constituting the geographical landscape of the Personal Protective Equipment (PPE) market?
• Which are the prominent companies operating in Personal Protective Equipment (PPE) market?

• What are the leading segments based on the type and end-users in the personal protective equipment (PPE) market?

Key takeaways from the report

• Global Personal Protective Equipment (PPE) market is projected to register a CAGR of 6.11% over 2022-2030
• Growing demand for personal protective equipment (PPE) from country such as India and China, aiding market progression.
• The segments such as Protective clothing and hand and arms are poised to expand significantly due to the rising deployment of hands and arm protective equipment in the manufacturing industry and increasing health awareness among workers and manufacturers.
• Europe and North America recorded notable gains due to strict government regulation and awareness about workplace safety measures among workers and manufacturers.

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This release was published on openPR.