#personal protective equipment market size

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The Personal Protective Equipment Market in 2023 is US$ 83.72 billion, and is expected to reach US$ 142.99 billion by 2031 at a CAGR of 6.90%.

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Personal Protective Equipment Market Estimated to Witness High Growth Owing to Increasing Stringent Regulations Regarding Worker Safety

Personal protective equipment refers to protective clothing, helmets, goggles, or other garments or equipment designed to protect the wearer's body from injury or infection. Workers in various industries such as manufacturing, oil and gas, construction, food processing, and healthcare routinely employ personal protective equipment to prevent exposure to chemical, radiological, physical, electrical, mechanical, or other workplace hazards. The global personal protective equipment market is estimated to be valued at US$ 65.08 Bn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: One of the key drivers for the growth of the personal protective equipment market size is the stringent regulations regarding worker safety across various industries. Both national as well as international organizations are introducing new guidelines and standards to ensure maximum protection of workers from workplace hazards. For instance, in the US, the Occupational Safety and Health Administration (OSHA) has developed extensive standards for workplace safety and the types of personal protective equipment required for numerous jobs and industries. Similarly, in the EU, European Commission directives prescribe the minimum health and safety requirements for the use of personal protective equipment at work. The growing awareness about the importance of worker safety and rising number of industrial accidents are expected to further drive the demand for personal protective equipment over the forecast period. The increasing standards and regulations in the construction, manufacturing, chemical and healthcare industries are thus estimated to propel the personal protective equipment market growth. SWOT Analysis Strength: The personal protective equipment market has immense growth opportunities owing to favorable regulations mandating the use of protective gears across industries. The strict occupational safety norms have propelled demand for high-quality and standard-compliant protective apparels and accessories. Additionally, rising awareness about workplace safety is anticipated to bolster the market over the next few years. Weakness: However, availability of low-cost counterfeit products may hamper the sales of established brands. Also, expensive procurement and maintenance costs associated with some premium protective equipment poses challenges, especially for small enterprises. Opportunity: Product innovation led by advanced material science and customized solutions according to industry type will create new avenues. Furthermore, the increasing per capita income will swell the replacement demand for protective wear. Growing non-residential construction activities in developing nations also present lucrative prospects. Threats: Slow industrial activity due to macroeconomic headwinds can negatively impact the demand. Also, market disruption by new entrants offering low-budget protective solutions acts as a threat. Key Takeaways The global personal protective equipment market is expected to witness high growth over the forecast period. The market size is projected to reach US$ 65.08 Billion by 2024. Regional analysis: North America presently dominates the global PPE market and will continue its stronghold during the assessment years. This can be majorly attributed to stringent workplace safety regulations and growing manufacturing sector across the US and Canada. Meanwhile, Asia Pacific is identified as the fastest-growing region owing to rapid industrialization and infrastructure development activities underway in various countries. Key players: Key players operating in the personal protective equipment market are Arkema Group, DowDuPont Inc., Ensinger GmbH, Evonik Industries AG, UBE Industries Inc., Techmer PM LLC., Invista, EMS-Chemie Holding AG, RTP Company Inc., Toray Industries Inc., Formulated Polymers Limited, and Merck KGaA.

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Safeguarding Success: Personal Protective Equipment Sector Insights

The Personal Protective Equipment market Growth Rate is experiencing robust hike, with a notable increase in demand driven by rising awareness of workplace safety and health. Factors such as stringent safety regulations and a growing emphasis on employee well-being contribute to the accelerated growth rate of the PPE market.

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Data Bridge Market Research analyses that the personal protective equipment market will witness a CAGR of 7.20% for the forecast period of 2022-2029

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Personal Protective Equipment Market Outlook On The Basis Of Product, End-Use, Region And Forecast From 2023 to 2030: Grand View Research Inc.

The global personal protective equipment market size is expected to reach USD 131.18 billion by 2030, registering a CAGR of 6.7% according to a new report by Grand View Research, Inc.  The increasing investments in worker protection and safety products paired with the growing awareness about the strict safety rules and regulations significantly drive the market. The COVID-19 outbreak positively…

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The personal protective equipment market report covers current market size and 10 year personal protective equipment market forecast It is segmented by region and end user

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Personal Protective Equipment Market Worth $112.07 Billion By 2028

The global personal protective equipment market size is expected to reach USD 112.07 billion by 2028, registering a CAGR of 7.3% over the forecast period, according to a new report by Grand View Research, Inc. The upgrading of the public healthcare system and infrastructure coupled with investments in new facilities in developing economies is anticipated to drive the product demand over the coming years. 

The stringent regulations imposed by the U.S. Department of Labor and Occupational Safety and Health Administration (OSHA) in the country have a positive impact on product demand from the end-use industries. In addition, the growing employee awareness related to personal safety has a significant influence on the increased penetration of personal protective equipment (PPE) in the country.

Constant innovations, in terms of production, such as the development of lighter, comfortable industrial protective equipment using premium-quality fabric, are projected to propel market growth. High demand for PPE, which combines safety with improved aesthetics and technological innovation, is further estimated to augment market growth.

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Various countries implemented Covid-19 related acts, such as the Families First Coronavirus Response Act by the U.S., for protecting public health workers, establishing free testing, providing paid leaves, and important benefits to children and families in 2020 to curb the spread of the virus. Increasing domestic production coupled with restraints on imports and exports of PPE surged the product demand in 2020.

Personal Protective Equipment Market Report Highlights

·         Hand protection PPE accounted for the largest revenue share in 2020 and is expected to grow at a CAGR of 6.7% over the forecast period owing to the rising product demand on account of risks associated with corrosive chemicals, handling warm objects, and heavy-duty equipment

·         Protective footwear accounted for a significant market share and is expected to expand further at a steady CAGR over the forecast period on account of the increasing workplace fatalities

·         The oil & gas industry accounted for a significant share, in terms of revenue, in 2020 and is expected to witness a growth rate of 6.9% over the projected period owing to high accident risk in upstream and midstream activities in the industry

·         Growth in the food & beverage sector across the globe is projected to drive PPE demand over the forecast period

·         Companies are focusing on manufacturing branded and fashionable PPE owing to the increased demand for durable and customized products

Key Companies & Market Share Insights

Product prices for the above-the-neck PPE market are expected to marginally increase over the forecast period primarily due to the addition of value-added features. For instance, the application of anti-fog coatings in prescription eyewear is projected to marginally increase the final product prices. In addition, companies are shifting their focus toward manufacturing products that are fashionable as well as comfortable owing to the increased demand for durable and customized equipment. Some prominent players in the global personal protective equipment (PPE) market include: Honeywell International, Lakeland Industries, DuPont, 3M, Ansell Ltd., Avon Rubber plc, COFRA S.r.l., Uvex Safety Group, Lindstrom Group, BartelsRieger Atemschutztechnik GmbH, Rock Fall (U.K.) Ltd., Mine Safety Appliances (MSA) Company, Radians, Polison Corp., Gateway Safety

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Global Personal Protective Equipment Market ,Size, Market Statistics and Future Forecasts to 2030

Overview

Global Personal Protective Equipment Market was valued at USD 53.40 Bn in 2019 which is expected reach at USD 93.86 Bn by 2030, at a CAGR 7.5%.

Personal protective equipments also referred as PPE. These are specially designed to protect people from hazardous such as electrical, chemical, physical, biohazardous, heat, and airborne particulate matter, accidents, or infections like COVID-19. Increase in awareness to prevent such hazardous as well as health and safety concerns will support the market growth over the forecast period.

Read More Here: https://qualiketresearch.com/reports-details/Personal-Protective-Equipment-Market

Key Players:

Various key players are discussed in this report such as Honeywell International Inc., Radians, Inc, Sioen Industries NV, Alpha Pro Tech, Ltd., Lakeland Industries, Inc, MSA Safety Inc., Ansell Limited, Kimberly-Clark Corporation, 3M Co., and E I Dupont De Nemours and Co.

Market Drivers

Increase in COVID 19 pandemic across the globe expected to boost the demand for personal protective equipments during this forecast period. As per the World Health Organization COVID 19 infection is communicable which is caused direct or indirect contact with infected patient. Many people are infected with COVID 19 virus. As of May 2020, around 2,425,000 people are infected with this virus.  Increase in awareness regarding prevent the spread of COVID 19 which is expected to fuel the market growth. Nowadays, the demand for Personal Protective Equipments is increased including face shields, surgical masks, protective goggles, and protective gowns will positively influence market growth. Also, increase in need for respiratory equipment in emergency response, mining, military and law enforcement, and fire services with increase in hand injuries at the workplace is projected to propel the global personal protective equipment market growth. Additionally, rise in awareness workers health and safety will drive the market growth.

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The Global Healthcare Personal Protective Equipment (PPE) Market is projected to grow at a CAGR of around 7.8% during the forecast period, i.e., 2022-27. The market is driven primarily by the Covid-19 pandemic in 2020, increasing awareness about the need for PPE for healthcare workers to avoid the spread of infections & diseases, and rapid technological advancements in the healthcare sector. 

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Electrical Safety Personal Protective Equipment Market share by application, 2021 & 2027

The escalating formulation of directives by regulatory bodies across various regions is expected to open lucrative growth avenues for electrical safety personal protective equipment market. Citing an instance, the European Regulation 2016/425/EU is associated with the basic safety requirements that must be satisfied by personal protective equipment (PPE) for ensuring the safety and health protection of users.

Similar regulations are expected to signpost the designing and development of innovative products to be deployed in electrical applications across various sectors. Owing to these factors, the electrical safety personal protective equipment market is anticipated to hit a valuation of USD 21.5 billion by 2027, cites a recent study conducted by Global Market Insights Inc.

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Mentioned below are some of the major developments that are poised to impel industry landscape in the near future:

1# Refurbishment of regulatory framework in Europe & APAC

While the electrical safety personal protective equipment industry in the Asia Pacific accounted for a valuation of more than USD 3 billion in 2020, the industry in Europe is expected to foresee commendable expansion through 2027. This rise can be prominently attributed to the increasing changes in regulatory framework.

For instance, in December 2021, the European Commission adopted a package of electrical safety rules, ending an extensive array of prevailing exemptions for the usage of mercury in lamps. The new rules are intended at increasing the protection of environment and health from this hazardous substance. Such policies are expected to increase awareness regarding electrical safety, boosting market penetration across these regions.

2# Increasing product innovations by leading industry players

Major players in the electrical safety personal protective equipment industry are taking a keen interest in capacity expansion strategies such as mergers, acquisitions, and product developments for the consolidation of their position in the market.

Citing an instance, in June 2021, Honeywell rolled out its Electrigrip dielectric boots that provide primary protection for voltages up to 20kV along with high performance, flexibility, and comfort. The boots, which can be worn directly over socks, not only incorporate some commonly found safety features, including compression resistance and impact, and but also provide precarious protection against electrical shock.

3# Growing number of research initiatives in the mining industry

The mining sector is expected to record an increase in product consumption given the increase in research activities for the development of advanced solutions. One such review published by a research team at the Department of Economics and Management, Anhui University of Science and Technology, China, analyzed the causes of safety and environmental issues in coal mining.

The study recommended the importance of conducting further research using different psychological models for understanding human factors and designing effective safety management systems. The functional climate of coal mining presents many hazards to personnel, including the proximity of machinery, exposure to dust and explosive mine gases, roof falls, and hydraulic and electrical power.

Such an environment elevates the need for innovative safety gears for catering to the burgeoning requirements across the industry.

In a nutshell, the expanding chemical, construction, and manufacturing industries across various regions coupled with increasing safety awareness initiatives are expected to escalate the demand for electrical safety PPE kits through the forthcoming years.

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Notable participants in the Electrical Safety Personal Protective Equipment Market include: Mallcom, 3M, Honeywell, Scott Safety and Kimberly-Clark Corp and others.

About Global Market Insights

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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Military Personal Protective Equipment Market size, industry outlook and forecast for 2028

The global “Military Personal Protective Equipment Market” report 2022 highlights all of the dynamic elements affecting key growth factors, as well as the most recent trends and developments in the global industry. It gives a complete understanding of key manufacturers’ business development plans, current industry condition, growth areas, and future scope. The Military Personal Protective Equipment market research seeks to give regional development, market driving factors, and sales revenue. With numerous research approaches such as SWOT and PESTLE analysis, it provides extensive research and analysis of key elements and emphasizes current market circumstances. In addition, the study contains valuable information on global players’ future plans and possibilities.

In accordance with the Military Personal Protective Equipment market is set to grow at a CAGR of 9.21% over a forecast period (2022-2028).

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Key Market Players:

BAE Systems, Revision Military, 3M Ceradyne, Cigweld, Gateway Safety, Honeywell Advanced Fibres and Composites, DowDuPont, Lindstrom Group, Eagle Industries Unlimited, Uvex Safety Group and others.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments

Most important types of Military Personal Protective Equipment Market covered in this report are:

Advanced Combat Helmet (ACH)

Pelvic Protection Systems (PPS)

Life Safety Jacket

Body Armor (BA)

Improved Outer Tactical Vest (IOTV)

Military Combat Eye Protection (MCEP)

Others

Most widely used downstream fields of Military Personal Protective Equipment market covered in this report are:

Army

Air Force

Navy

Others

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

Global Military Personal Protective Equipment Market is further classified on the basis of region as follows:

– North America (USA, Canada, Mexico)

– Europe (Great Britain, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)

– Asia Pacific (China, Japan, South Korea, ASEAN, India, rest of Asia Pacific)

– Latin America (Brazil, rest of LA)

– Middle East and Africa (Turkey, CCG, rest of the Middle East)

COVID-19 sickness began to spread all over the world at the beginning of 2021, infecting countless individuals in general, and important governments all over the world-imposed foot restrictions and work stoppage orders. Aside from the clinical supplies and life support items organizations, most endeavours have been significantly impacted, and Military Personal Protective Equipment adventures have been severely impacted.

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Table of Contents Military Personal Protective Equipment Market:

Global Military Personal Protective Equipment Market Research Report 2022 – 2028

1 Military Personal Protective Equipment Introduction and Market Overview

2 Industry Chain Analysis

3 Global Military Personal Protective Equipment Market, by Type

4 Military Personal Protective Equipment Market, by Application

5 Global Military Personal Protective Equipment Consumption, Revenue (USD) by region

6 Global Military Personal Protective Equipment Production by Top Regions

7 Global Military Personal Protective Equipment by regions

8 Competitive Landscape

9 Global Military Personal Protective Equipment Market Analysis and Forecast by Type and Application

10 Military Personal Protective Equipment Market Supply and Demand Forecast by Region

11 New Project Feasibility Analysis

12 Expert Interview Record

13 Research Finding and Conclusion

14 Appendix

Continued……

The research answers the following key questions:

What will be the Military Personal Protective Equipment market size and the growth rate in the coming year?

What are the main key factors driving the global Military Personal Protective Equipment market?

What are the key market trends impacting the growth of the global Military Personal Protective Equipment market?

Which are Trending factors influencing the market shares of the top regions across the globe?

Who are the key market players and what are their strategies in the global Military Personal Protective Equipment market?

What are the market opportunities and threats faced by the vendors in the global Military Personal Protective Equipment market?

What industrial trends, drivers and challenges are manipulating its growth?

Who Will Get Advantage of This Report?

The prime aim of the Global Military Personal Protective Equipment Market is to provide industry investors, private equity companies, company leaders and stakeholders with complete information to help them make well-versed strategic decisions associated to the chances in the market throughout the world.

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Market Resilience: Personal Protective Equipment Market in a Changing World

The Personal Protective Equipment sector encompasses the manufacturing and supply of essential gear designed to safeguard individuals in various industries. This sector plays a crucial role in promoting occupational safety by producing equipment such as helmets, gloves, masks, and more, ensuring protection against workplace hazards and health risks.

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Global Personal Protective Equipment (PPE) Market is projected to reach USD 92.5 billion by 2027

VynZ Research provides market overview of the current environment as well as the industry's future growth in the Global Personal Protective Equipment (PPE) Market. It uses data from annual reports, product literature, industry developments, and other sources to conduct a quantitative market study. The future growth prospects of the industry are based on a rapid quantitative and qualitative assessment of data from various sources.

The Global Personal Protective Equipment (PPE) Market is projected to reach USD 92.5 billion by 2027, witnessing a CAGR of 8.7% during the forecast period 2021-2027.

To assist companies in developing their business plans, the research examines the major factors influencing the growth of the Global Personal Protective Equipment (PPE) Market, also including Drivers, Constraints, Governmental Policies, Opportunities, Challenges, a Constructive Approach, and Market Economic Expansion Strategies.

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U.S. Personal Protective Equipment Market Outlook On The Basis Of Product, End-Use And Forecast From 2023 to 2030: Grand View Research Inc.

San Francisco, 30 March 2023: The Report U.S. Personal Protective Equipment Market Size, Share & Trends Analysis Report By Product (Hand Protection), By End-use (Manufacturing, Construction), And Segment Forecasts, 2022 – 2030 The U.S. personal protective equipment market size is anticipated to reach USD 32.5 billion by 2030, registering a CAGR of 6.7% during the forecast period, according to a…

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The personal protective equipment market report covers current market size and 10 year personal protective equipment market forecast It is segmented by region and end user