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Personal Protective Equipment Market Growth Factors, Developments and Forecast 2027

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Submitted by manisha on Thu, 05/25/2023 - 21:41

Personal Protective Equipment can keep a person safe. This risk could be a sharp edge, a burning surface, dust, toxic gas, a fall from a great height, and so on. PPE is an administrative control used to keep dangers to a tolerable level. It is employed as a last-ditch defense. PPE does not eliminate dangers, but it does act as a barrier between the danger and the user. PPE must be in good condition and used correctly in order to provide the needed satisfactory performance. The increasing number of fatal workplace accidents has necessitated the introduction of personal protective equipment (PPE) to ensure individual safety. To increase product demand, companies are producing safety helmets from environmentally favorable materials such as fossil fuels.
Personal Protective Equipment Market Report Scope:
The Personal Protective Equipment  market has been studied at the regional and national levels. The study includes a segment- and region-specific analysis of the Personal Protective Equipment market dynamics, including drivers, restraints, challenges, and opportunities. Because of the detailed market analysis, the report serves as an investor's guide.  
A bottom-up approach has been employed to estimate the Personal Protective Equipment market size. Secondary research identifies key players in the Personal Protective Equipment market, and primary and secondary research determines their market revenues. Primary research included interviews with key opinion leaders and Personal Protective Equipment industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals, while secondary research included a review of annual and financial reports from leading manufacturers. SWOT analysis was used to provide strengths, weaknesses, opportunities and threats of the Personal Protective Equipment   key players in the industry.
Personal Protective Equipment Market Report Overview:
Stellar Market Research's new market intelligence report indicates lucrative growth for Personal Protective Equipment Market suppliers in the forecast period through 2029. The market report includes the market's growth drivers, major restraints, upcoming challenges, and current opportunities.
Personal Protective Equipment Market size was valued at US$ 58.34 Billion in 2020 and Personal Protective Equipment service is expected to grow at 6.5% through 2021 to 2027, reaching nearly US$ 90.66 Billion
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Personal Protective Equipment Market Regional Analysis:
Government actions and regulations in the industry fuel Personal Protective Equipment Market growth in the region.The Personal Protective Equipment market report includes market geography, market size and share, as well as in-depth research into the business network structure, opportunities, and news updates. The report covers all regions, including North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
Personal Protective Equipment Market Segmentation:
Due to increased workplace safety awareness and severe government regulations in end-use sectors, the fall protection segment accounts for a significant market share in the worldwide personal protective equipment market. The fall protection market is expected to be worth USD 2.30 billion in 2020 and USD 3.97 billion by 2027, growing at an 8.1% CAGR during the forecast period. (2021-2027).
Hand protection can be divided into two categories: durable gloves and disposable gloves. Durable gloves are used in the industrial business to prevent cuts and burns. Durable gloves led the market, accounting for 30% of the market in 2020. Disposable gloves are primarily used to prevent against cross-infections in the food and health industries.
The foot protection segment growth is primarily driven by rules that require the use of safety equipment in order to decrease workplace deaths, which are likely to boost the demand for protective footwear throughout the forecast period. The respiratory Protection sector protects employees from harmful gases, chemicals, radioactive, and nuclear threats. The growing demand for respiratory equipment in hospitals and the chemical industry is influencing the total respiratory personal protection equipment market share.
End-User Industries Every year, the construction industry reports an exceptionally high number of incidents, many of which can be avoided by wearing suitable PPE. The construction PPE market is expected to increase at a 5.9% CAGR between 2020 and 2027.
According to OHSAS, the figure below depicts industrial accidents in 2020. Construction accidents accounted for 29.3% of the total of 90,656 people engaged in industrial accidents. Falling (32.7%) was the most common, followed by slips (15.0%) and being struck by items (12.7%).
Toxic inhalation, shattered bones, back and neck injuries are all typical in the oil and gas industry. The oil and gas sector category is expected to account for more than US$15 billion of the total personal protective equipment market share by 2027. This segment is primarily driven by increased exploration activity and global demand for petroleum products.
Personal Protective Equipment Market Key Players:
3M (Minnesota, U.S.)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)sTowa Corporation (Kyoto, Japan)Supermax Corporation Berhad (Kuala Lumpur, Malaysia)MCR Safety (Tennessee, U.S.)Lakeland Inc. (New York, U.S.)W. L. Gore & Associates, Inc. (Delaware, U.S.)Bullard (Kentucky, U.S.)
Key Questions answered in the Personal Protective Equipment Market Report are:

  • What is Personal Protective Equipment Market?
  • What is the forecast period of the Personal Protective Equipment Market?
  • What are the Personal Protective Equipment market segments?
  • Which segment held the largest Personal Protective Equipment market share?
  • What will be the CAGR of the Personal Protective Equipment market during the forecast period?
  • What is the competitive scenario of the Personal Protective Equipment market?
  • What are the opportunities for the Personal Protective Equipment Market?
  • What are the factors restraining the Personal Protective Equipment market growth?
  • Which region held the largest market share in the Personal Protective Equipment Market?

Key offerings:

  • Market Share, Size, and Forecast by Revenue
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis of segments and sub-segments
  • Competitive Landscape- Leading key players and other prominent key players.

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