Personal Protective Equipment Market Size, Share, Industry Growth, Trends, Business Opportunities, C

Personal Protective Equipment (PPE) Market Size, Share & Industry Analysis By Product (Head Protection, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Fall Pro

The global personal protective equipment market size is projected to reach $85.72 billion by 2026, while exhibiting a CAGR value of 7.3% during the forecast period. PPE Market size was at $48.97 billion in 2018 and is expected to grow considerably during the forecast period.

Personal protection equipment consists of every type of safety gears required for the safety and security of the workers at every workplace. The equipment includes googles, protective helmets and clothing that protect the wearer from any type of injury or infection. The protect the wearer from every health and safety risks that can be faced at the work surroundings. Rising awareness for safety and security of workers from mishaps and hazardous situation is expected to positively impact the growth of the PPE market in the forthcoming years.

What does the PPE Market Report Include?

Drivers and Restraints: PPE Market

Increasing Use of Recyclable Materials to Aid Growth of Personal Protective Equipment Market

Rapid urbanization and increasing population is expected to generate 3.4 billion tons of waste worldwide by 2030. This is anticipated to cause worldwide problem for waste management. To avoid this, glove manufacturers in U.S. are taking efforts to produce gloves that are environmental friendly and easily disposable. For instance, in recent times, companies introduced bio-degradable nitrile gloves that can be disposed easily. In addition to this, development in glove-manufacturing machines to make them more energy-efficient will contribute to the growth of the market in the forthcoming years. Adoption of greener-solutions for production of safety equipment’s will boost the growth during the projected horizon.

However, the market also consists of companies producing inferior quality products which may restrict the PPE market growth to certain extent.

List of Players Profiled in Personal Protective Equipment Market:

• Honeywell International, Inc.
• 3M
• Ansell Ltd.
• Alpha ProTech
• Avon Protection
• DuPont
• COFRA S.r.l.
• Uvex Group
• Mallcom (India) Limited
• MSA
• Blue Eagle
• Udyogi Plastics Pvt. Ltd
• Gateway Safety, Inc.
• Radians, Inc.
• Rock Fall (UK) Ltd
• TEIJIN LIMITED
• TenCate Fabrics
• Acme Safetywears Limited
• Towa Corporation
• Supermax Corporation Berhad
• MCR Safety
• Lakeland Inc.
• W. L. Gore & Associates, Inc.
• Bullard
• KARA

North America to lead the Personal Protective Equipment Market; Increasing Government Expenditure in Health Sector to Aid Growth

Among the region, North America will be at the forefront during the forecast period. This is attributable to factors such as rising fatal accidents and increasing awareness for safety. In addition to this, increasing government expenditure to improve the healthcare and medical sector will bode well for the market in the forthcoming years. On the other hand, Europe is expected to be the second-most leading region during the projected horizon. Factors such as government investments to promote use of renewable energy sources is expected to fuel growth of the market in Europe.

Asia-Pacific is expected to witness significant growth owing to rising infrastructures and rapid industrialization. Rise in construction and building industry in countries such as India, China, and Vietnam will drive the growth of the Personal Protective Equipment Market in Asia-Pacific.

Author's Note

Gain More Insights into the Personal Protective Equipment Market Research Report: https://www.fortunebusinessinsights.com/personal-protective-equipment-ppe-market-102015