Personal Protective Equipment Market Report by Industry Type, Manufacturing Industry Dominated the Market, Future Prospects, 2023
The stringent regulations related to occupational health and
safety is the key growth driver for the global personal protective equipment market. The increasing consumer awareness about personal safety at workplace is
another important factor for the growth of this market. The companies around
the world are focusing on employee safety, due to up surge in workplace
fatalities.
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The personal protective equipment includes products related to the
protection of eye, face, head, foot and legs, and hand and arms. The hazards of
different types caused by falling of objects, colliding with sharp edges,
interaction with chemicals, flying sparks and several others are caused at
workplaces.
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The respiratory protection segment is growing at the fastest pace,
and is expected to account for a considerable share in the global personal
protective equipment market during the forecast period. The increasing
instances of communicable and respiratory diseases, such as H1N1 and bird flu
are the key reasons for the expected growth of this segment. The demand for
chemicals is increasing, due to growing industrialization and widespread use of
chemicals, as raw materials for several industries. The chemical industry in
Eastern Europe, Asia-Pacific, and Middle East and Africa is expected to grow
with a CAGR of over 4% respectively
during 2015 – 2018.
The U.S. is the major market for personal protective equipment
globally. The major markets in Europe include Germany, the U.K., France, and
Russia. The key markets in Asia-Pacific include China, India, and Japan. The
increasing industrialization in Asia-Pacific, owing to high population growth
is expected to significantly boost the growth of the market for personal
protective equipment in the region.
The global personal protective equipment market is fragmented with
presence of large number of regional players. The major competitors in the
global personal protective equipment market include 3M Company, Honeywell,
Alpha Pro Tech Limited, Ansell Ltd., Avon Rubber PLC, JAL Group Italia SRL,
COFRA SRL, Uvex Safety Group, Rock Fall Limited.
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