The global personal protective equipment market size is expected to reach USD 158.79 billion by 2028 according to a new study by Polaris Market Research. The report “Personal Protective Equipment Market Share, Size, Trends, Industry Analysis Report, By Product (Hearing Protection, Protective Clothing, RPE, Protective Footwear, Fall Protection, Hand Protection, Head, Eye & Face Protection); By End-Use; By Region; Segment Forecast, 2021 - 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market for personal protective equipment is expected to grow during the forecast period owing to the increasing number of covid cases across the globe. The rising trend of using eco-friendly products to maintain environmental safety is expected to create opportunities in the market. In April 2020, Cummins Inc. and DuPont collaborated to help address the shortage of N95 masks due to the outbreak of COVID-19.
The market growth of the personal protective equipment is primarily attributed to the rising adoption of stringent regulatory policies implemented by the government across the globe. For instance, the U.S. government implemented the Families First Coronavirus Response Act policy to protect public health workers, providing paid leaves, establishing free testing, and important benefits to children and families, in 2020 to control the spread.
The rising industry fatalities and awareness of workers' safety will lead to an upsurge in the demand for personal protective equipment such as gloves, safety goggles, safety footwear, helmets, clothing, emergency escape devices, earplugs and full-body harnesses.
Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below: https://www.polarismarketresearch.com/industry-analysis/personal-protective-equipment-market/request-for-sample
Organizations, such as the EC and the U.S. FDA, are collaborating with several personal protective equipment manufacturers to increase production. For example, in March 2020, the EC and the European Committee for Standardization (CEN) decided to make relevant standards freely available to increase personal protective equipment production in Europe.
Government bodies, such as NIOSH issued sanctions to reduce the risk of fatalities by using respiratory protection, conducting hazard assessments on well sites, and training workers on the hazards related to gauging tanks. Conversely, the availability of cheap and inferior quality substitute products may obstruct the market demand for personal protective equipment over the coming years.
The market growth of the oil & gas and petrochemical industry in countries such as India, Saudi Arabia, UAE, and China is anticipated to drive the product demand in this industry, as the operations in the oil & gas industry are exposed to serious harmful chemicals such as gases, vapors, and fumes.
The Asia Pacific is predicted to dominate the global market during the forecast period owing to the increasing number of the blue-collar labor force, considerably growing manufacturing and transportation industries, the rising emphasis on technological innovations, and changing consumer requirements for personal protective equipment which offers safety with fashion.
The major market players operating in the industry are MSA Safety Inc., 3M Co., Ansell Limited, Honeywell International Inc., DuPont, Gateway Safety Inc., Co., Lakeland Industries, Inc., Rock Fall Ltd, Alpha Pro Tech, Ltd., Radians, Inc, Kimberly-Clark Corporation, Sioen Industries NV, and among others.
Polaris Market Research has segmented the personal protective equipment market report on the basis of product, end-use, and region:
Personal Protective Equipment, Product Outlook (Revenue - USD Billion, 2016 - 2028)
Personal Protective Equipment, End-Use Outlook (Revenue - USD Billion, 2016 - 2028)
Personal Protective Equipment, Regional Outlook (Revenue - USD Billion, 2016 - 2028)