Globally, the size of personal protective equipment (PPE) market is expected to grow at a CAGR of 5.24%, estimated to reach USD 85,055.9 Billion by 2032 driven by the rapid economic expansion that spurs growth in the automobile and construction industries, which benefits the PPE business. In a hazardous work environment, personal protective equipment is utilised to protect workers from health threats.
Personal protective equipment, or PPE, is equipment worn to reduce exposure to major workplace accidents and illnesses, according to OSHA (Occupational Safety and Health Administration), a federal government body in the United States. Chemical, radioactive, physical, electrical, mechanical, and other workplace risks can result in these injuries and diseases. Gloves, earplugs or muffs, safety glasses, coveralls, shoes, hard hats, vests, respirators, and full body suits are just a few examples of personal protection equipment.
Avon Rubber plc: Acquired a competitor in the respiratory protection market, expanding its product portfolio. (Source: Safety & Health magazine)
COFRA S.r.l. Developed a new line of safety footwear with integrated smart sensors for real-time tracking and worker safety monitoring. (Source: Occupational Health & Safety magazine)
August 2024: DuPont unveiled its latest Tyvek® protective suits with upgraded chemical resistance and breathability features, aimed at improving safety for industrial workers.
July 2024: 3M launched a new range of respiratory protection equipment with advanced filtration technologies, designed to enhance worker safety in hazardous environments.
Covid-19 Analysis:
The interruptions caused by COVID-19 had a favourable impact on the worldwide personal protective equipment (PPE) Industry. Of course, the pandemic caused a number of hurdles for industry players, including shattered supply chains, logistical issues in delivering finished products, and recruiting personnel from quarantines, all of which wreaked havoc on demand-supply dynamics. On the other hand, it dramatically raised demand for personal protective equipment (PPE) in both the private and commercial sectors. Following the relaxation of the lockdown mandates, the market is quickly returning to normalcy.
The global market for personal protection equipment market is expected to increase steadily. Rapid industrialization, urbanisation, and global population growth are important driving forces. Furthermore, the personal protection equipment market is bolstered by strict industrial safety regulations and the increased acceptance of industrial safety equipment. Furthermore, rapid economic expansion spurs growth in the automobile and construction industries, which benefits the PPE business.
The market is driven by increased product development and customisation in order to meet severe OSHA rules and ANSI fall protection standards. Furthermore, as safety concerns spread across the industrial environment, market growth accelerates. Several trends in the PPE market have favoured market expansion over the last decade, including the acceptance of industrial safety solutions in multiple verticals, Industry 4.0, and the proliferation of industrial IoT (IIoT) solutions.
Government officials are becoming increasingly concerned about worker health and safety. Governments from numerous countries have created various safety standards in order to decrease accidents and uncertainty in the workplace. End-use industries are required by a number of government regulations and standards to provide workers with protective equipment in certain types of work environments. Workers in industries including oil and gas, construction, and manufacturing, among others, are required to wear protective equipment.
The market growth is being hampered by the Increased automation in end-use industries and the High price of specialized clothing used in the personal protective equipment’s.
PPEs are increasingly being used as a barrier between viral and bacterial pollutants and the skin, mouth, nose, and eyes in health care settings such as hospitals, clinics, and research labs, which is growing the market size dynamically. In addition, the growing use of personal protective equipment (PPEs) to safeguard patients at high risk of infection from chemicals and infectious material brought in by visitors and healthcare professionals has an impact on market share. Price volatility, on the other hand, is a major impediment to market expansion, as is the demand-supply imbalance in raw materials required for producing PPE.
personal protective equipment market Size was valued at USD 54,000.0 Billion in 2023. The global personal protective equipment (PPE) market Size is expected to grow at a CAGR of 5.24%, from USD 56,540.4 Billion in 2024 to USD 85,055.9 Billion by 2032. The personal protective equipment market is being driven by the adoption of a strict regulatory framework for worker safety. In a hazardous work environment, personal protective equipment is worn to defend against health risks. The base year for this report is 2023, and the projection period is from 2024 to 2032.
Over the projected period, rising awareness about hygiene to prevent pathogen transmission in healthcare institutions is expected to fuel demand for the personal protective equipment market (PPE). In 2020, some countries implemented strict measures in response to the Covid-19, such as the United States' Families First Coronavirus Response Act, which protects public health professionals, establishes free testing, provides paid leave, and provides substantial advantages to children and families.
The global personal protective equipment market is divided into 2 different segments as by product and by the end-user. Here the largest personal protective equipment market share and sub-segments are given below.
The hand protection product segment accounted for over 28% of total revenue and is predicted to expand at a stable CAGR during the forecast period. In the construction, food processing, oil & gas, healthcare, and metal fabrication industries, risks connected with caustic chemicals, handling warm objects, and heavy-duty equipment are projected to drive demand for protective gloves.
The healthcare end-use sector dominated the personal protective equipment Industry, accounting for approximately 29% of total revenue. Over the forecast period, the segment will maintain its dominance by increasing at the fastest CAGR. End-users assess a variety of factors when selecting protective gear, including the material used and the covering it provides, seam barrier characteristics, and other features such as closures. Due to the rapid spread of the coronavirus, the need for protective apparel, particularly coveralls and gowns, has grown in the United States.
On account of economic growth and rapid industrialization across the area, Asia Pacific is predicted to emerge as the fastest-growing regional market, with a CAGR of 8.3 percent over the forecast period. Furthermore, high compensation costs associated with workplace fatalities are projected to compel employers in a variety of end-use industries to use protective equipment to help boost product demand.
In Russia, part of the reform strategy is to upgrade the public healthcare system and infrastructure, as well as invest in new facilities. Medical equipment and devices are projected to be in high demand as a result of these advances. Because of the country's rapidly expanding medical industry, demand for hand protection equipment such as disposable and durable gloves is expected to grow significantly.
Due to the development of value-added features, product prices in the above-the-neck PPE market are likely to increase moderately over the forecast period. Anti-fog coatings, for example, are expected to raise the price of prescription eyewear by a little amount. Furthermore, due to the rising need for durable and personalised equipment, businesses are changing their focus toward producing stylish as well as comfy products.
May 2023
Protective Industrial Products, a world leader in personal protective equipment that includes hand protection, above-the-neck protection, workwear, and footwear has acquired ISM Heinrich Krämer GmbH & Co. KG, with its headquarters in Lippstadt, Germany.
The mission of PIP is to give cutting-edge, best-in-class safety solutions that increase growth opportunities to our cherished customers throughout the globe. With the addition of ISM, the company's presence and potential across the globe are greatly increased, and it now has easier access to consumers in important European and Asian markets.
April 2023
The Healthcare Textiles Processing Facility Certification Scheme was introduced on World Health Day by the Andhra Pradesh MedTech Zone (AMTZ), the Association of Healthcare Providers India (AHPI), and the Association of Indian Medical Device Industry (AiMeD). By accrediting the facilities that handle them, the program seeks to ensure the quality of healthcare textiles, particularly personal protective equipment (PPE).
Healthcare textiles and personal protective equipment (PPE) quality and safety can be ensured through the Healthcare Textiles Processing Facility Certification Scheme. In order to ensure their competency, objectivity, and uniform application of the certification procedure, the certification would be carried out by independent third-party certifying bodies to be accredited as per applicable international standards, ISO 17065, and recognized by AMTZ.
April 2023
A new app from Survitec HeliPPE has been released with the goal of digitally transforming PPE management for offshore technicians and managers. The app is made to make tracking, managing, and maintaining individual and group equipment for transfer to offshore wind farms and while on the turbine as simple as possible.
The software facilitates keeping track of crucial PPE information, such as serial numbers and renewal dates, by providing a comprehensive overview of supplied equipment and related papers. It is not necessary to look through many platforms or physical files to find the essential documents needed to travel to any offshore location with the addition of technician training certificates. The consequence is a decrease in the administrative burden and an increase in compliance support to speed up offshore operations.
This report provides all the information about the growth of the global personal protective equipment market in the forecast period. There are different sections available that help to get in-depth information such as opportunities, challenges, drivers, COVID 19 analysis, regional analysis, competitive landscape, and others. All of the information is gathered from primary and secondary sources to provide the expected of personal protective equipment market growth by 2025.
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