Personal Protective Equipment Market (Application - Chemicals, Construction, Energy & Power, Food Industry, Healthcare, Pharmaceuticals, Transportation, and Others; Product Type - Eye, Face & Head Protection, Fall Protection, Gas Detection, Arm & Hand Protection, Hearing Protection, Protective Clothing, Respiratory Protection, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030
The report on the global personal protective equipment market provides qualitative and quantitative analysis for the period from 2021-2030. The global personal protective equipment market was valued at USD 57438.67 million in 2022 and is expected to reach USD 79827.91 million in 2030, with a CAGR of 3.69% during the forecast period 2023-2030. The study on global personal protective equipment market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
Rising fatal incidences at workplaces across the globe owing to the lack of personal safety of workers or labor at the site have significantly prevailed the use of personal protective equipment across various industries ranging from food & beverage to the mining and construction industry. Since PPE protects individual personnel from encountering severe injuries or diseases caused due to several sorts of exposures be it physical, chemical, electrical, or mechanical, it is gained a traction of popularity among the population.
As per International Labour Organization, an average of about 2.3 million men and women succumb to death per year globally due to a lack of safety. Moreover, escalating investment in research and development by key players with respect to the emerging trend of incorporating sustainably stable materials for manufacturing PPE will offer opportunistic growth to the global market over the forecast years.
The Arm & Hand Protection Segment is Expected to Dominate the Market
The global personal protective equipment market is bifurcated By Application and Product Type. The segment, and product type, are further bifurcated into Eye, Face & Head Protection, Fall Protection, Gas Detection, Arm & Hand Protection, Hearing Protection, Protective Clothing, Protective Footwear, Respiratory Protection, and Others. The arm & hand protection segment is anticipated to dominate the market growth during the forecast period due to its rising demand.
The need for arm & hand protection gear such as gloves of various industrial grades is at its surge since gloves prevent direct contact with toxic chemicals, and edgy and sharp metals and prevent mechanical damage while working on construction and mining sites. Moreover, the availability of a wide variety of gloves from the manufacturers end with high durability and relatively low purchasing cost is propelling its use. Further, gloves as safety gear are also used in food & beverages, pharmaceutical, and biotechnological research laboratories to attain contamination-free and efficient results. This is expected to propel the utilization of arm & hand protection during the forecast period.
The North America Region is Expected to be Dominating Region in the Global Personal Protective Equipment Market
The global personal protective equipment market is segmented into the Asia Pacific, North America, Europe, the Middle East & Africa, and South America. North America is anticipated to dominate the global product market by attaining the highest market value share over the forecast period. Rising government concerns with respect to labor safety in the region are offering opportunistic growth to the PPE market in North American countries like Canada, and the U.S. For instance, OSHA has mandated the use of safety equipment and personal protective equipment in the industrial arena to reduce the incidences of fatality at workplaces.
Moreover, rising awareness with respect to occupational and individual safety in the region has endorsed the use of personal protective equipment. In addition, innovative product offerings by the regional manufacturers such as heat, electrical, oil, contaminants, etc. resistant hand gloves for multipurpose uses will gravitate the market towards swinging growth apex.
Report Findings
1) Drivers
Rapid growth in the construction industry as a result of changing lifestyles and living preferences of the worldwide population has prevailed in the use of PPE.
Rising per capita disposable income among the global population along with increasing investments and initiatives by regional governments to safeguard laborers working at dangerous construction sites is driving the market.
2) Restraints
Fluctuations in the raw material prices and compromise with the product quality is restraining the market growth.
3) Opportunities
Escalating investment in research and development by the market leaders to offer smart wearable, cost-effective, and highly efficient personal protective equipment will offer lucrative growth opportunities to the market.
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global personal protective equipment market is segmented on the basis of application, and product type.
The Global Personal Protective Equipment Market by Application
Chemicals
Construction
Energy & Power
Food Industry
Healthcare
Pharmaceuticals
Transportation
Others
The Global Personal Protective Equipment Market by Product Type
Eye, Face & Head Protection
Fall Protection
Gas Detection
Arm & Hand Protection
Hearing Protection
Protective Clothing
Respiratory Protection
Others
Company Profiles
The companies covered in the report include
ALPHAPROTECH
ANSELL LTD.
Avon Protection plc
Confra Holding
DuPont
Honeywell International Inc.
Japan Airlines (JAL)
Lindström
MSA Safety
3M
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the global personal protective equipment market.
2. Complete coverage of all the segments in the global personal protective equipment market to analyze the trends, developments in the global market, and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global personal protective equipment market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand and/or diversify.