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Global Personal Protective Equipment (PPE) Market Size to Reach USD 158.55 Billion in 2030

05-04-2023 08:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports And Data

Global Personal Protective Equipment (PPE) Market Size to Reach

According to the latest report by Reports and Data, the market size of Personal Protective Equipment (PPE) is anticipated to reach USD 158.55 billion by 2030 and is projected to register a revenue CAGR of 7.5% over the forecast period. The demand for respiratory equipment in various sectors, such as emergency response, military and law enforcement, healthcare, fire departments, and mines, is likely to propel the revenue growth of the PPE market.
The growth of the PPE market is being fueled by the increasing awareness about the health and safety of workers and the rise in the number of industrial deaths, particularly in developing nations, due to inadequate personal protective equipment. Technological innovations and the changing needs of consumers for PPE are also expected to drive the market's expansion. Furthermore, concerns regarding the safety and well-being of employees in earthquake-prone areas are anticipated to boost market revenue growth.

One significant issue among workers is a lack of knowledge about health and safety risks in the workplace. To promote awareness about health and safety, the Occupational Safety and Health Administration (OSHA) has partnered with several health and safety organizations as part of the Workplace Innovator Award campaign to develop novel ideas and solutions. Such initiatives by agencies in collaboration with market players to enhance safety standards are expected to drive the demand for personal protective equipment in the coming years.

The outbreak of COVID-19 has increased the demand for PPE products, such as masks, respirators, protective clothing, and gloves. Manufacturing and aerospace sectors are providing personal protective equipment to their workers to protect them from the pandemic. Manufacturers are operating at full capacity to supply PPE to all regions due to the growing disparity between supply and demand, which is expected to boost the demand for personal protective equipment over the forecast period.

Access Full Report Description with Research Methodology and Table of Content @ https://www.reportsanddata.com/report-detail/personal-protective-equipment-ppe-market

Personal Protective Equipment (PPE) Market Segments:

The global Personal Protective Equipment (PPE) market has been segmented by Reports and Data based on product, hazard, end-use, and region.
The product segment includes various types of personal protective equipment, such as Head, Eye and Face Protection, Protective Clothing, Hearing Protection, Respiratory Protection, Protective Footwear, Hand Protection, Fall Protection, and Others. The revenue generated by each type of PPE has been projected from 2019 to 2030 in USD Billion.
The end-use segment of the PPE market includes various sectors such as Healthcare, Construction, Food, Manufacturing, Oil & Gas, Chemicals, Pharmaceuticals, Mining, Transportation, and Others. The revenue generated by each sector has also been projected from 2019 to 2030 in USD Billion.

Finally, the market has been segmented based on regions including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The revenue generated by each region has been projected from 2019 to 2030 in USD Billion.
North America has been further divided into the U.S., Canada, and Mexico. Europe has been divided into Germany, U.K., France, Italy, Spain, Sweden, BENELUX, and Rest of Europe. Asia-Pacific has been divided into China, India, Japan, South Korea, and Rest of APAC. Latin America has been divided into Brazil and Rest of LATAM. Lastly, Middle East & Africa has been divided into Saudi Arabia, UAE, South Africa, Israel, and Rest of MEA.

This segmentation by Reports and Data provides a comprehensive view of the global Personal Protective Equipment (PPE) market and allows stakeholders to gain a better understanding of the market's current and future trends, opportunities, and challenges.

Get Free Sample PDF (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.reportsanddata.com/download-free-sample/3040

Personal Protective Equipment (PPE) Market: Strategic Developments

The personal protective equipment (PPE) market is segmented based on different factors. In terms of product, the hands and arm segment accounted for the largest revenue share in 2020. This is attributed to the massive deployment of protective equipment for hands and arms in the manufacturing sector. Additionally, there is a growing demand for disposable hands and arm clothing in sectors such as healthcare and chemicals, as protective hands and arm clothing cannot be reused due to contamination in these sectors. This is expected to drive the growth of the segment.

The chemical segment accounted for the largest revenue share in 2020. Exposure to chemicals can lead to various health hazards such as skin and eye irritation, organ damage, cancer, respiratory problems, and fire and smoke-related injuries. Personal protective equipment is used to minimize the impact of chemical hazards on workers. This includes closed pants and shoes, chemical-resistant gloves, lab coats, and eye protection.
In the manufacturing industry, personal protective equipment is necessary to mitigate risks associated with processes such as cutting, grinding, welding, and casting. As a result, the manufacturing segment is expected to register a rapid revenue growth rate during the forecast period. The sector requires a range of personal protective equipment, which is expected to drive the growth of the segment.
In terms of region, the personal protective equipment market in North America is expected to register a significantly high revenue growth rate during the forecast period. This is due to the increasing awareness among manufacturers and workers about workplace safety measures. Additionally, the rise in fatalities and accidents at work is also expected to increase the demand for personal protective products in the region. The presence of various services and manufacturing industries, coupled with strict rules and regulations governing industrial security, are expected to support market growth in North America.

Personal Protective Equipment (PPE) Market: Competitive Landscape

The global personal protective equipment (PPE) market is highly competitive and is dominated by major players. These players include ANSELL Ltd., Honeywell International Inc., 3M, Delta Plus Group, Alpha ProTech, Avon Protection plc, Kimberly-Clark Corporation, Toshiba Corporation, Lakeland Industries Inc., and DuPont. These companies are continuously engaged in research and development to provide advanced and innovative PPE products that meet the changing needs of consumers. The companies also engage in strategic partnerships and collaborations with other market players to expand their market share and reach. Additionally, mergers and acquisitions are also a common strategy used by companies to gain a competitive advantage in the market.

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About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyses consumer behaviour shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Power and Energy, and Chemicals. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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