Kenneth Research, in its repository of market research reports, have recently added a report on Global Personal Protective Equipment Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031.
Global Personal Protective Equipment Industry was valued at USD 42.50% Million in the year 2017. Global Personal Protective Equipment Industry is further estimated to grow at a CAGR of 6.5% from 2019 to reach USD 69.52 Million by the year 2025. The North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At the country level, U.S, U.K, and China are projected to grow strongly in the coming years due to increased investment by R&D and increased rate of population.
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Major market players in Personal Protective Equipment industry are Alpha Pro Tech Ltd., Sioen Industries NV, Radians Inc., 3M Company, MSA Safety Inc., Ansell Ltd, Kimberly-Clark Corp., Honeywell International Inc., Carl Zeiss AG., Lakeland Industries, and brief overview of 10 companies is also provided. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
SWOT Analysis of Personal Protective Equipment Industry:
Strength:
Increasing awareness of workplace safety
Weakness:
High cost of raw materials
Opportunities:
Rapid industrialization and increasing foreign investment
Threats:
Tariff and non-tariff barriers
The Global Personal Protective Equipment Industry is segmented as By Type, Application, Safety Products and Region. The Type segment is divided into hands and arm protection, protective clothing, foot and leg protection, respiratory protection, eye and face protection, head protection and others in which the respiratory protection segment is expected to grow at the highest CAGR of XX% in the assessment period. This is due to several government regulations and standards which compel end use industries to use respiratory equipment for workers in harsh working conditions.
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Personal Protective Equipment Industry Segmentation:
By Application
• Construction
• Manufacturing
• Oil and Gas
• Chemicals
• Food
• Pharmaceuticals
• Transportation
• Healthcare
• Others
By Type
• Hands and arm protection
• Protective Clothing
• Foot and leg protection
• Respiratory protection
• Eye and face protection
• Head protection
• Others
By Safety Products
• Oxygen mask
• Safety helmets
• Gloves
• Eye protection
• High-visibility
• Safety Footwear
• Others
By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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