Global Personal Protective Equipment (PPE) Market

Personal Protective Equipment (PPE) Market Size, Share, Growth Analysis, By Product Type(Eye, Face Protection, Head Protection, Hearing Protection), By End Use(Manufacturing, construction, automotive, oil & gas), By Region - Industry Forecast 2024-2031


Report ID: SQSG35A2016 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 77 | Figures: 75

Personal Protective Equipment (PPE) Market Dynamics

Personal Protective Equipment Market Driver

  • Rising workplace fatalities, stricter government regulations, increased public awareness of personal safety, and technological advancements in PPE materials are some of the key drivers propelling the global market for personal protective equipment.
  • Numerous public and corporate organizations, like the International Labour Organization (ILO) and the Occupational Safety and Health Administration (OSHA), are establishing strict rules for the use of personal protection equipment at work as the incidence of workplace accidents rises. This has given the PPE market a significant boost, and the trend is likely to continue in the coming years.
  • The market for personal protection equipment is expanding rapidly due to the rise in workplace fatalities and injuries. The most frequent causes of death at work are electrocution, caught-ins, and falls. Workers are shielded from potential disease and harm every day by wearing PPE. PPE often offers some sort of defense against a variety of risks (physical, radiological, chemical, electrical, biological, and mechanical hazards).

Personal Protective Equipment Market Restraint

  • A variety of manufacturing sectors in developed and emerging nations are integrating automation and the internet of things (IoT) into their facilities to boost productivity and reduce expenses overall. This is now recognized as a significant factor limiting the expansion of the personal protection industry.
  • To evaluate the substance with which it was built. Some can create electric shock concerns because their materials deteriorate over time.
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Global Personal Protective Equipment (PPE) Market size was valued at USD 71.5 billion in 2019 and is poised to grow from USD 80.38 billion in 2023 to USD 115.66 billion by 2031, growing at a CAGR of 4.7% in the forecast period (2024-2031).

The Global Personal Protective Equipment (PPE) Market is relatively concentrated and it is dominated by major players like Honeywell International, Inc., Lakeland Industries, Inc., DuPont, 3M, Ansell Ltd., Avon Rubber plc These companies are majorly focusing on manufacturing products that are comfortable as well as fashionable due to increasing demand for customized equipment '3M', 'Ansell Limited', 'Honeywell International Inc.', 'MSA Safety Inc.', 'Alpha Pro Tech Ltd.', 'DuPont', 'Kimberly-Clark Corporation', 'Lakeland Industries, Inc.', 'Sioen Industries NV', 'uvex group', 'Delta Plus Group', 'Gateway Safety, Inc.', 'Moldex-Metric AG & Co. KG', 'COFRA Holding AG', 'Jallatte Group', 'Rock Fall (UK) Ltd.', 'W.L. Gore & Associates, Inc.', 'Tyvek Protective Wear', 'Udyogi International Pvt. Ltd.', 'Lakshya International'

Rising workplace fatalities, stricter government regulations, increased public awareness of personal safety, and technological advancements in PPE materials are some of the key drivers propelling the global market for personal protective equipment.

There are now three major trends in the PPE category that cut across all regions and product categories. They are as follows:

North America held the greatest revenue share of over 33% in the global market in 2021. Due to its developed end-use industries and strong product acceptance in the healthcare industry. A strict regulatory environment and severe penalties for non-compliance with the standards, which are compelling companies to adopt PPE, are credited with the high product penetration in the U.S. During the forecast period, it is expected that the Asia Pacific market would grow at a rapid CAGR. Over the years ahead, it is anticipated that the construction industry in APAC will continue to have strong growth. In the next years, this will probably help the Asia Pacific personal protective equipment market grow. Due to its high level of occupational dangers, the mining industry is likely to continue being a significant end-use industry. Mining PPE is a somewhat established business in developed markets, thus emerging nations like China and India are predicted to drive growth in this sector.

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Global Personal Protective Equipment (PPE) Market

Report ID: SQSG35A2016

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