Personal Protective Equipment Market worth over $65bn by 2023
Published Date: April 12, 2017 Author: Global Market Insights, Inc.
Personal Protective Equipment (PPE) Market size is set to exceed USD 65 billion at the end of 2023; according to a new research report by Global Market Insights, Inc.
Shift in focus towards worker health and safety importance along with concerns towards industrial fatalities should drive personal protective equipment market size. Increasing number of awareness programs and government regulations on workplace safety are key trending factors influencing industry growth.
Protective footwear market should grow significantly at over 7%. Protective boots or shoes decreases injuries from cut by sharp objects and falling objects, which may further enhance industry growth. They industry is affected by product substitute risk from duplicate and inferior quality products.
Personal protective equipment is used in various end-use application industries such as oil & gas, chemical, construction, food to minimize exposure to hazards. Making the workplace safe includes providing procedures, instructions, and training to encourage employees to work safely and responsibly.
Safety standards norms under OSHA across the U.S. for construction, shipyard employment, general industry, and marine terminals should stimulate industry growth demand. These guidelines standardizes work environment in various industries along with involvement of NIOSH and NFPA agencies to further escalate personal protective equipment market growth.
PPE companies supply products to numerous industries employing innovative and unique technology, focused on low cost and sustainable materials.
Browse key industry insights spread across 170 pages with 366 market data tables & 17 figures & charts from the report, “Personal Protective Equipment (PPE) Market Size By Product (Head [Safety Helmets & Hard Hats, Bump Caps], Eye & Face Protection [Face Protection, Eye Protection – Plano], Hearing Protection [Cap Mounted, Over the Head Type, Disposable], Protective Clothing, Respiratory Protection [SCBA – Fire Service, SCBA – Industrial, APR – Disposable, Emergency Escape Devices], Protective Footwear, Fall Protection [Personal Systems, Engineered Systems], Hand Protection), By Application (Construction, Oil & Gas, Manufacturing, Chemicals, Pharmaceutical, Food, Transportation), Industry Analysis Report, Regional Outlook (U.S., Germany, UK, France, Russia, China, India, Japan, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
U.S. personal protective equipment market size from construction applications should generate over USD 3 billion in business by 2024. Workers are required to wear safety glasses and hard hat in construction industry. Increasing government policies for workers safety should drive regional growth.
Hearing protection devices may witness significant gains at over 6%. In certain industrial workplace conditions, workers exposed to excessive noise must use appropriate personal protective equipment for protecting ears.
Industrial protective clothing demand should witness significant gains. They are used in healthcare, construction, fire fighting, food, oil & gas industries. Rapid industrialization along with huge investments in manufacturing sector should drive PPE market size.
Europe personal protective equipment market size from food should generate over USD 1 billion in business by 2024. Head, eye, respiratory, face, fall, and hearing protection equipment requirement should create opportunities for various industrial participants in this region and stimulate product demand.
Hand protection in Japan personal protective equipment market size should witness significant gains. They are suitable for food, electrical, refinery and chemical industries. These hand protection gloves are used to ensure employee security in the working environment and protect against cold, heat, abrasions, chemicals, and erosions.
Global PPE market share is moderately concentrated with top five industry participants catering to majority of the total volume in 2015. DuPont, 3M, Honeywell, Ansell, JAL Group, Rock Fall, COFRA, Avon Rubber, Alpha Pro Tech, Mallcom, Radians, and Cigweld are some companies in this industry.
Personal protective equipment market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue in USD million from 2012 to 2023, for the following segments:
PPE Market By Product
- Safety helmets & hard hats
- Bump caps
- Eye and face protection
- Face protection
- Eye protection-Plano
- Hearing protection
- Cap mounted
- Over the head type
- Protective clothing
- Respiratory protection
- Self-contained breathing apparatus (SCBA)- Fire service
- Self-contained breathing apparatus (SCBA)- Industrial
- Air purifying respirators (APR) – Disposable
- Emergency escape devices
- Protective footwear
- Fall protection
- Personal systems
- Engineered systems
- Hand protection
PPE Market By Application
- Oil & gas
The above information has been provided for the following regions and countries:
- North America
- Asia Pacific
- Middle East & Africa (MEA)
- Central & South America (CSA)