Personal Protective Equipment (PPE) Market Global Trends 2016 to 2023, Future Growth & Industry Drivers

Personal Protective Equipment (PPE) Market size is predicted to touch $67.61 billion by end of 2023 and register CAGR of 7.3% during forecast period. Growing employee safety and health issues coupled with rising industrial fatalities across unregulated industries will promote personal protective equipment (PPE) industry growth.

Technological breakthroughs that focus on sustainable low priced materials can be critical for ensuring a steady personal protective equipment industry price trend and retain penetration. Powerful monetary and infrastructure pointers in emerging nations like India and China are predicted to drive the PPE industry size in future. OSHA (Occupational safety and health administration) security guidelines in U.S. and Europe are predicted to push industry growth.

Global Market Insights has a new study based report titled " Personal Protective Equipment (PPE) Market Size By Product (Head [Safety Helmets & Hard Hats, Bump Caps], Eye & Face Protection [Face Protection, Eye Protection – Plano], Hearing Protection [Cap Mounted, Over the Head Type, Disposable], Protective Clothing, Respiratory Protection [SCBA – Fire Service, SCBA – Industrial, APR – Disposable, Emergency Escape Devices], Protective Footwear, Fall Protection [Personal Systems, Engineered Systems], Hand Protection), By Application (Construction, Oil & Gas, Manufacturing, Chemicals, Pharmaceutical, Food, Transportation), Industry Analysis Report, Regional Outlook (U.S., Germany, UK, France, Russia, China, India, Japan, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023".

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The report offers all-inclusive analysis of:

1 Market structure
2 Factors restraining market growth
3 Market growth drivers
4 Opportunities and challenges
5 Market estimations and forecast for projected period

Hand protectionsegment is forecast to register CAGR of 7% during forecast period with industry size evaluated at $8.65 billion for 2015 and predicted revenue of $14.8 billion by end of forecast period. Chemical, pharmaceutical, production & construction and food industries are the key demand opportunities for the segment.

Protective footwear segment is predicted to gain personal protective equipment (PPE) industry share and contribute more than 18% in terms of revenue by 2023. Other product segmentsinclude respiratory protection, head, hearing and face.

The Personal Protective Equipment (PPE) Market Report Consists of,

1. Methodology and Scope
2. Executive Summary
3. Personal Protective Equipment (PPE) Market Industry Insights

3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights

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3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends

4. Personal Protective Equipment (PPE) Market Product Insights
Hand protection equipment market size generated over USD 8.5 billion in business in 2015. This personal protective equipment finds application in manufacturing, construction, chemicals, pharmaceutical, and food industries to protect workers from hand injuries. In addition, it is used in manufacturing industry to avoid injuries that may arise due to abrasions, chemicals, and cuts.

Fall protection equipment market size from engineered systems should witness significant gains at around 7.5%. This personal protective equipment type includes body belts, safety nets, chest harness, suspension belts and full body harness. In addition, it is used in construction, aerospace, power, defense, and oil & gas industries.

5. Personal Protective Equipment (PPE) Market Application Insights
Personal protective equipment market size from manufacturing application may generate over USD 13.5 billion business by 2023. It involves processes such as grinding, welding and torch cutting which may cause injuries to employees. Increasing manufacturing industry in India, China, Brazil, Japan and Singapore should drive industry growth.

Personal protective equipment market size from transportation should witness highest gains at over 7.5%. It is required in areas such as industrial plant floor where airplanes or commercial vehicles are manufactured and in vehicle paint shops. Growing transportation sector in Canada, India and China may drive product demand.

6. Personal Protective Equipment (PPE) Market Regional Insights

U.S. personal protective equipment market size may generate over USD 21 billion business by 2023. Rising occupational fatalities along with need for high durable mechanical wear resistance and protective gears in refining, oil & gas, automotive and metal manufacturing industries should drive regional growth demand.

China personal protective equipment market size expects highest gains at above 8.5%. Positive outlook for growth in construction spending along with large scale industries presence should drive regional growth.

France personal protective equipment market size should witness over 6% growth. Implementation of worker’s safety and health standards along with growth in automobile medical, and construction industry should drive regional growth. Brazil personal protective equipment market size expects significant growth over the estimated period. Increasing onshore and offshore drilling activities should pave new opportunities in this region.

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7. Competitor Profiles

Global personal protective equipment market is highly fragmented with top four players accounted for over 55% of the total market share in 2015. Honeywell, 3M, DuPont and Ansell are key market players.

Other prominent companies include Jal Group, COFRA, Uvex Safety, Rock Fall, MSA Company, Mallcom, Cigweld, and Radians.

About Global Market Insights, Inc.:
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.

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