Personal Protective Equipment Market Overviews
Personal Protective Equipment Market size was valued at US$ 70.47 Billion in 2023 and Personal Protective Equipment service is expected to grow at 6.5% through 2024 to 2030, reaching nearly US$ 109.51 Billion
Personal Protective Equipment can save a person from danger. This danger might be a sharp edge, hot surface, dust, toxic gas, fall from height, etc. The use of PPE is an administrative control to reduce hazards at an acceptable level. It is used as a last-line defense. A PPE cannot remove hazards but it acts as a barrier between the danger and the user. For the desired satisfactory performance, PPE must be in a good condition and used in a right way. The increasing number of fatal accidents in the workplace has forced to use PPEs to ensure the safety of individuals. Companies are manufacturing safety helmets from eco-friendly material such as fossil fuels to augment product demand. OHSAS 18001 requires that many categories of PPE meet or be equivalent to standards developed by the American National Standards Institute (ANSI).In potentially dangerous workplace areas, workers are relying on PPEs to protect against the health and safety risks therefore a manufacturing company needs assurance that even under the most stressful or hazardous conditions, PPE will provide sustained protection. Various consulting firms are providing testing and verification of products at the developing stage to ensure the potential of PPEs.
Personal Protective Equipment Market Scope and Methodology:
According to OHSAS, 100,000 injuries and 100 to 200 deaths occur each year due to construction activity. The most common cause of death at construction work are fall from height and electrocution. The use of appropriate PPE provides a level of protection from a number of hazards. Thus the Increasing infrastructure projects shall boost the personal protective equipment market in the forecast period.
Personal Protective Equipment Market Regional Insights
North America is the largest share holder in personal protective equipment market. The market is largely driven by increased awareness of safety and regulation which increased the usage of personal protective equipment in various industries. In 2020 market size of PPE stood at 45.21 Billion.
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Personal Protective Equipment Market Segmentation
By Product, Fall protection segment covers a major market share globally in the personal protective equipment market due to the increasing awareness for safety at the workplace and stringent government regulations in end-use industries. The fall protection market is estimated to be USD 2.30 Billion in 2020 and is projected to reach USD 3.97 Billion by 2027, at a CAGR of 8.1% during the forecast period.
Personal Protective Equipment Market Key Players
Ansell Ltd. (Richmond, Australia)
DuPont (Delaware, U.S.)
Mallcom (India) Limited (Kolkata, India)
Honeywell International, Inc. (North Carolina, U.S.)
Alpha ProTech (Markham, Canada)
Avon Protection (Maryland, U.S.)
COFRA S.r.l. (Barletta Andria Trani, Italy)
Uvex Group (Fürth, Germany)
MSA (Pennsylvania, U.S.)
Radians, Inc. (Tennessee, U.S.)
TEIJIN LIMITED (Tokyo, Japan)
TenCate Fabrics (Nijverdal, Netherlands)s
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Key questions answered in the Personal Protective Equipment Market are:
- What is Personal Protective Equipment ?
- What was the Personal Protective Equipment market size in 2023?
- What is the growth rate of the Personal Protective Equipment Market?
- Which are the factors expected to drive the Personal Protective Equipment market growth?
- What are the different segments of the Personal Protective Equipment Market?
- What growth strategies are the players considering to increase their presence in Personal Protective Equipment ?
- What are the upcoming industry applications and trends for the Personal Protective Equipment Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Personal Protective Equipment Market?
- Who are the leading companies and what are their portfolios in Personal Protective Equipment Market?
- What segments are covered in the Personal Protective Equipment Market?
- Who are the key players in the Personal Protective Equipment market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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