Personal Protective Equipment Market Intelligence Report Offers Growth Prospects By 2025

Market-Research

The global personal protective equipment market size was estimated at USD 47.73 billion in 2018 and expected to register a CAGR of 6.6% over the forecast period. Growing demand for respiratory protective equipment to ensure the safety of employees working in mining, petrochemicals, and oil and gas sectors is anticipated to drive the growth. Stringent occupational health and safety regulations are anticipated to drive the demand for Personal Protective Equipment (PPE) from various end-use industries. Furthermore, mandated policies by government agencies mentioning the type of PPE required for protection during various industrial processes is expected to impact the growth favorably.

Stringent regulations imposed by the U.S. Department of Labor and Occupational Safety and Health Administration (OSHA) has positively impacted product demand in the country. In addition, growing employee awareness related to personal safety has a significant influenced the PPE penetration in U.S.

U.S. personal protective equipment market

The PPE market depicts a strong presence of raw material suppliers that engage in offering application-specific fibers including aramids, High-density Polyethylene (HDPE) fibers, Polybenzimidazole (PBI), fiberglass, nylon, polyester, cotton, and wool. These raw materials are transformed into flame-retardant and chemical and mechanical abrasion resistant fabrics for their applications in PPE.

Increasing innovation in manufacturing of new comfortable industrial protective equipment using premium quality fabric for lighter protective clothing is projected to propel market growth. Rising demand for protective equipment which combines safety with improved aesthetics and technological innovation is estimated to augment growth in near future.

Factors such as improved technical support and awareness about the price-performance ratio of products are expected to favor private label manufacturing of PPE. Rising contract-based manufacturing of PPE designed according to distributor specifications primarily in developed economies such as, North America and Western Europe is anticipated to further fuel the product demand.

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Further key findings from the report suggest:

  • Hand protection equipment includes disposable and durable gloves accounting for 23.5% of the market share in terms of in 2018 owing to rising instances of hand injuries at workplace such as severe chemical and thermal burns, punctures, abrasions, and cuts

  • Respiratory protective equipment is expected to register a CAGR of 7.0% from 2019 to 2026 on account of rising demand for employee protection against hazardous vapors and gases, chemical agents, particulates, radiological particles, and biological contaminants

  • Manufacturing industry accounted for 20.2% revenue share in 2018 owing to the rising demand for safeguarding employee safety to avoid injuries that may arise due to cuts, abrasions, and chemicals and to avoid overhead costs such as compensations

  • Europe accounted for 33.4% of the revenue share in 2018 on account of the stringent regulations imposed by the European Commission related to employee health and safety

  • Major players operating in Personal Protective Equipment market offer a wide range of products with distinctive features. Their manufacturing plants include robotics and automation facilities, highly equipped raw material handling mechanisms, and storage facilities to improve standardization.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

 

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