Market Highlights:
The Personal Protective Equipment is equipment that protect the user against health or safety risks at work. The safety measures is segmented that includes safety helmets, gloves, eye protection, high-visibility clothing, safety footwear and safety harnesses. The competitive landscape for the PPE industry will be very different by 2023, and will be driven by innovation, disruptive business models, and advent of smart and wearable PPE products transforming the workplace to a connected domain and enhancing worker safety and productivity.
Renewed focus on health and safety has led to an increase in the personal protective equipment industry. Market Research Future which focuses on market reports connected to the semiconductors & electronics sector amongst others lately published a report on this industry. The industry for Personal Protective Equipment is estimated to attain USD$ 53.14 Billion by the year 2023 while growing at 6.2% CAGR in the forecast period.
Increased level of construction activities has heightened the level of requirement in the personal protective equipment market. Construction and laboratory setups are one of the most frequent user in terms of the industry end users. Smart wearable protective equipments have increased the potential of growth of the industry. Rise in the levels of personnel involved in manual operations have intensified the growth of the market.
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Major Key Players
Radians, Inc. (US),
3M Company (US),
MSA Safety Inc. (US),
Ansell Limited (US),
Kimberly-Clark Corporation (US),
Honeywell International Inc. (US),
Alpha Pro Tech, Ltd. (Canada),
Sioen Industries NV (Belgium),
Carl Zeiss AG. (Germany), E I DuPont de Nemours and Co. (US), and Lakeland Industries, Inc. (US) among others.
According to MRFR, The Personal Protective Equipment Market is growing rapidly over 6.2% of CAGR and is expected to reach at USD $~ 53.14 Billion by the end of forecast period.
Competitive Analysis
Diverse products are bound to increase the demand levels of the industry which will lead to speedy growth in the market. The industry is upholding the growth potential of the market through constant ongoing course advances and supporting financial flexibility to spend in the finest strategies when they arise. Due to the lucrative potential of this market, the contenders in the industry are aiming to grow their market portion to a by the usage of major assets to allow growth transformations which will be good for the long run transformation of the sector. This outlook is favorable for the volume driven growth of the sector.
Regional Analysis:
The regional analysis of Personal Protective Equipment market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world and it is capturing the market over 38% and has largest market share in Personal Protective Equipment market. In North America, the construction applications generate high revenue growth to the companies as the workers are wearing smart glasses and using virtual arms in construction industry. The increasing government rules and regulations for the workers safety is driving regional growth in Europe region and is expected to witness rapid growth in the forthcoming days. While, in Asia-Pacific countries like China, Japan and South Korea is an emerging market for Personal Protective Equipment market. This market has a huge potential for growth of Personal Protective Equipment.
Segmentation:
The personal protective equipment industry has been divided for the purposes of the report into the basis of safety products, type and end – users.
By Safety Products: Eye Protection, Safety Helmets, Oxygen Mask, Gloves, Safety Footwear, High-Visibility Clothing and Others
By Type: Respiratory Protection, Protective Eyewear, Protective Communications, Protective Clothing, Eye & Face Protection, Foot & Leg Protection, Head Protection, Hands & Arm Protections, Fall Management Equipment and Others.
By End-User: Manufacturing, Food and beverages Aeronautics and Aerospace, Construction, Chemical & Synthetics, Oil & Gas, Firefighting, Healthcare, Machinery & Electronics, Transportation and others
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Intended Audience
- Raw material providers
- Investment Banks
- Government Bodies
- Control panels manufacturers
- Assembly, testing, and packaging vendors
- Solution providers
- Personal Protective Equipment Manufacturers
- Personal Protective Equipment Suppliers
- Technology standards organizations
- Technology investors
- Research institutes,
- System Integrators
- Research/Consultancy firms
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