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Personal Protective Equipment Market Report 2022: Increasing Awareness of Worker Safety and Security Boosts Growth - ResearchAndMarkets.com

The "Personal Protective Equipment Market Size, Share & Trends Analysis Report by Product (Hand Protection, Eye Protection, Face Protection, Hearing Protection), by End-use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global personal protective equipment market size is anticipated to reach USD 131.2 billion by 2030, registering a CAGR of 6.7% over the forecast period. The global personal protective equipment market is significantly driven by increasing spending on worker safety and protective products coupled with rising awareness about the stringent safety rules and regulations.

The increasing awareness among industry participants regarding the importance of worker safety and security at workplaces on account of the stringent regulations and high costs associated with workplace hazards is anticipated to drive market growth. Particularly, rising awareness and new rules and regulations in Asia Pacific are likely to fuel the market growth over the forecast period.

The increasing rate of fatalities at the workplace has imposed workers to use personal protective equipment to ensure the safety of the individuals. Furthermore, the increasing number of the blue-collar workforce across numerous R&D establishments and production factories is expected to fuel PPE demand over the forecast period.

Government regulations compel the use of protective equipment for workers in end-use industries such as oil and gas, mining, and construction. Work safety regulations play a major role in driving the personal protective equipment market. Mandated policies by agencies for companies to maintain worker safety in industries are anticipated to drive demand for personal protective equipment.

Companies such as DuPont and 3M are undertaking expansion strategies to strengthen their product portfolio and market share. In May 2022, 3M announced expanding production for personal protective equipment such as respiratory and hearing protection products. This expansion will allow 3M to increase investment to meet the unmatched demand for PPE.

Personal Protective Equipment Market Report Highlights

  • The chemical defending protective clothing was the leading protective clothing segment in 2021 on account of the widespread use in chemical and petrochemical industries and stringent rules and regulations
  • The head protection equipment is expected to witness a CAGR of 7.6% on account of increasing demand in industries such as construction, manufacturing, oil & gas, mining, etc. to protect from head injuries
  • Europe held a significant PPE market share in 2021, accounting for 30.6% of global revenue owing to an increasing rate of occupational injuries coupled with growth requirement for highly effective wear & tear resistance in the oil & gas and automotive industries
  • Asia Pacific is expected to witness strong growth over the forecast period owing to increased health consciousness and product awareness facilitated by the COVID-19 outbreak and expansion of the market players in the region
  • Key players are focusing on product development to expand the portfolio and drive revenue generation. For instance, in September 2021, Radians Inc. launched a safety helmet called Titanium, expanding its existing head protection line

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Personal Protective Equipment Market Variables, Trends & Scope

Chapter 4. COVID-19 Impact Analysis

Chapter 5. Personal Protective Equipment Market: Product Estimates & Trend Analysis

Chapter 6. Personal Protective Equipment Market: End-Use Estimates & Trend Analysis

Chapter 7. Personal Protective Equipment Market: Regional Estimates & Trend Analysis

Chapter 8. Personal Protective Equipment Market - Competitive Analysis

Chapter 9. Company Profiles

Companies Mentioned

  • Honeywell International Inc
  • Lakeland Industries, Inc.
  • Dupont
  • 3M
  • Ansell Ltd.
  • Avon Rubber plc
  • Cofra S.R.L.
  • Falltech
  • Alpha Pro Tech Limited
  • Mine Safety Appliances (Msa) Company
  • Lindstrom Group
  • Mallcom (India) Ltd.
  • Radians, Inc.
  • Polison Corp.
  • Delta Plus Group

For more information about this report visit https://www.researchandmarkets.com/r/obm2ix

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