Europe Personal Protective Equipment (PPE) Market Size, Share & Trends Analysis Report By Product (Head Protection, Eye Protection), By End-use (Construction, Healthcare), By Country, And Segment Forecasts, 2023 - 2030
Europe Personal Protective Equipment (PPE) Market Size, Share & Trends Analysis Report By Product (Head Protection, Eye Protection), By End-use (Construction, Healthcare), By Country, And Segment Forecasts, 2023 - 2030
Europe Personal Protective Equipment Market Growth & Trends
The Europe personal protective equipment market size is anticipated to reach USD 38.62 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.1% from 2023 to 2030. The rising compliance with safety regulations for employee safety in various industries is likely to augment the demand for the personal protective equipment market.
Moreover, increasing efforts by the government to strengthen safety regulations is also expected to fuel spending on personal protective equipment. For instance, in June 2021, the European Commission officially introduced a new Strategic Framework on Health and Safety at Work to keep employees safe and protected. This is expected to boost the Europe personal protective equipment market’s growth over the projected timeframe.
The rising prevalence of infectious diseases across European countries and increasing healthcare expenditure are likely to drive the demand for PPE such as medical gloves, masks, protective clothing, and footwear. According to the World Health Organization, infectious diseases in European regions are increasing among all ages owing to climate change. The rising prevalence of infectious diseases is likely to have a positive impact on the market growth of PPE during the projected timeframe.
Growing industrialization and an increasing number of workers in European countries are leading to surging demand for safety and precautionary measures. According to Eurostat, in 2022, the European Union recorded a 1.9% increase in industrial production compared to the previous year. This is anticipated to bolster the demand for PPE for workers’ safety at the workplace and drive market growth in the coming years.
The COVID-19 pandemic had a positive impact, and the market experienced lucrative growth owing to the increased demand from the healthcare sector. However, the market returned to normal pre-COVID demand with the decreasing patient numbers. Over the forecast period, the market is anticipated to register healthy growth owing to steady demand from the industrial and healthcare sectors.
Moreover, in February 2021, the European Factories of the Future Research Association announced a collaboration with the European Commission and member states of the EU. The partnership aims to implement a new “Made in Europe” strategy and facilitate the manufacturing sector in the region.
Europe Personal Protective Equipment Market Report Highlights
The hand protection segment of the product led the market share in 2022, accounting for 29.0% market revenue share. The extensive uses of medical gloves, durable heavy-duty gloves, and disposable gloves in various end-use industries are credited for the large market share
The head protection segment is estimated to witness strong growth over the forecast period, registering a CAGR of 7.3%. The rising need for head protection is due to the increasing construction projects, offshore oil & gas facilities, the mining industry, etc., requiring utmost safety due to the dangerous nature of work
The healthcare segment of end-use held the largest market revenue share of 21.3% in 2022. Large health expenditures, the high presence of medical facilities, and stringent regulation are the factors driving the high adoption of personal protective equipment by the employees at healthcare facilities
Germany accounted for 23.6% of market revenue share in the market in 2022. A developed industrial platform with the presence of principal industries coupled with the high adoption rate of PPE is accountable for the high market share
In January 2023, German Bionic launched new wearable technology with the launch of three new products, Apogee, Smart SafetyVest, and Cray X Exoskeleton. The products are aimed at improving workplace safety for the warehouse staff
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