Rising Need for Safety Powering Up the Personal Protective Equipment Market

The employment opportunities have increased with the growing economies and development, which in turn has increased the risk of operational hazards. Therefore, for the protection of masses either at workplace or at home, personal protection clothing and equipment are used to minimize the risk from all kinds of injuries or hazards. Looking at all these factors, personal protective equipment (PPE) Market has seen a phenomenal growth in the last few years.

Drivers and Opportunities

The primary driving factors for the magnificent growth of personal protective equipment market is the focus on minimizing professional hazards, thereby leading to an increase in demand for safety standard equipment. Moreover, growth of infrastructure in developing countries has also led to an increase in employment opportunities, thus triggering the demand for PPE as well.

Among the application, construction & manufacturing segment is driving the North American and European market for PPE. Also, the rising demand for better infrastructure from construction & manufacturing segment as well as oil & gas segment has placed ample growth opportunities for this market in Asia-Pacific.

The lucrative opportunities in developing countries have piqued interest of many global players to venture into this market, thus providing great potential for growth.

A Glimpse of the PPE Market

The personal protective equipment market is estimated to be valued at USD 52.4 Billion by 2020, growing at a CAGR of 6.8% between 2015 and 2020. As of now, North America comprises the largest PPE market, the reason being the rising demand from foot & leg protection along with hand & arm protection segment. With Asia-Pacific closely behind North America, it is set to grow with the highest growth rate between 2015 and 2020, thanks to the growing end-user industry in this region.

Hand & arm protection market for personal protective equipment emerged as the leader among all applications, mainly because of the concern for protecting masses from injuries as well as provide them comfort while working. Construction & manufacturing segment is expected to dominate the market because of high demand of labor safety and increasing industrialization in developing nations like India and China.

The key competitors involved in the market for personal protective equipment comprise Honeywell International Inc, (U.S.), E. I. du Pont de Nemours and Co (U.S), 3M Co (U.S.), Kimberley Clark Corp (U.S.), and Teijin Limited (Japan), among others.

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Scope of the Research

The global market for PPE has been categorized based on its types, application, and geography along with the market trends and values in each of the segment. The segmentation is done as follows:

Type

  • Hand & arm protection
  • Protective clothing
  • Foot & leg protection
  • Eye & face protection
  • Head protection
  • Others

Application

  • Construction & manufacturing
  • Oil & gas
  • Healthcare
  • Firefighting
  • Mining
  • Food industry
  • Others

Regions

  • North America
  • Asia-Pacific
  • Europe
  • Row

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