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 News

  • In March 2022, Supermax Corp Bhd announced to Bursa Malaysia that its US-based subsidiary Maxter Healthcare Inc has released its advance manufacturing facility in Brazoria Country, Texas
  • In April 2021, Honeywell acquired Norcross Safety Products L.L.C., a manufacturer of PPE, for USD 1.2 billion. This acquisition will provide the company with a platform in the fragmented global business projected to provide significant growth opportunities. This investment in Norcross allows the company to completely enter into a highly regulated industrial safety market.
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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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