WILMINGTON, DE / ACCESSWIRE / August 25, 2022 / Transparency Market Research Inc. - The prevalence of several different types of diseases worldwide has meant that personal safety has gained importance. The increased focus on preventing contraction of diseases and maintaining good health has caused a rise in demand for different personal protective equipment such as facemasks and gloves. The global personal protective equipment market is expected to grow at CAGR of 6.2% during the forecast period between 2021 and 2031.
Growth strategies such as new product launches is assisting prominent personal protective equipment market players in generating large amounts of revenue and helping them gain an edge over competitors. Collaboration with smaller players is helping leading personal protective equipment market players expand their market presence and increase their revenue shares.
For example, Mallcom India Ltd., in April 2020, announced the launch of a new personal protective equipment kit, comprising of a shoe cover along with other essential disposable products such as gloves.
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Key Findings of Personal Protective Equipment Market Study
- Rising Number of Accidents in Workplaces Triggering Growth in Personal Protective Equipment Market: The last decade has witnessed an increase in number of catastrophic accidents such as electrocution, falls, and caught-ins at workplaces across different end-use industries. Rising incidence of such accidents has led to increased focus on safety of employees which has fuelled the demand for personal protective equipment and stimulated the growth in overall market
- Growing Deployment by Healthcare Workers Augmenting Growth in Personal Protective Equipment Market: Personal protective equipment has emerged as a key tool in healthcare industry, and has witnessed high demand among different healthcare personnel such as doctors and nurses who use it while treating patients suffering from different diseases. Rising demand from different healthcare institutions such as hospitals and clinics has boosted the growth in personal protective equipment market
Personal Protective Equipment Market: Key Drivers
- Rising demand for facemasks, face shields, and gloves to prevent contraction of coronavirus is the key growth driver for personal protective equipment market
- Strict regulations imposed by governments concerning safety in different end-use industries augmenting growth in personal protective equipment market
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Personal Protective Equipment Market: Regional Growth Dynamics
- North America has emerged as leader in global personal protective equipment market because of increased adoption of personal protective equipment in different end-use industries such as chemicals, food and beverages as well as presence of numerous leading market players in countries such as the U.S and Canada
- Asia Pacific is anticipated to witness significant growth in overall personal protective equipment market in future owing to growing awareness of personal safety among individuals in countries such as China and Japan
Personal Protective Equipment Market: Key Players
Presence of several prominent players makes competitive landscape of personal protective equipment market fragmented. Well-established market players are engaging in research and development activities in a bid to manufacture improved products that would witness demand from different industries and meet the requirements of large number of customers.
Emergence of new market players could further intensify competition in global personal protective equipment market, in the years ahead.
Some of the leading players in the global market include 3M Company, Honeywell International Inc., Kimberly-Clark Corporation, Lindstrom Group, Mine Safety Appliances Company, Polison Corporation, Lakeland Industries Inc., and Alpha ProTech Ltd.
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The global personal protective equipment market is segmented as follows:
- Product Type
- Eye and Face Protection
- Head Protection
- Hearing Protection
- Protective Clothing
- Respiratory Protection
- Professional Footwear
- Fall Protection
- Hand Protection
- Others (Skin Protection, etc.)
- End-use Industry
- Construction
- Manufacturing
- Oil and Gas
- Chemicals
- Food
- Pharmaceuticals
- Transportation
- Healthcare
- Others (Firefighting, Automotive etc.)
Regions Covered
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Countries Covered
- U.S.
- Canada
- U.K.
- Germany
- France
- Japan
- China
- India
- GCC Countries
- South Africa
- Brazil
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