Personal Protective Equipment Market PPT

1
Personal Protective Equipment Market Growth
Trends, size, Company shares, 2023
Expected Market Size USD 67.6 billion Expected
Growth Rate 7.3 CAGR
2
Global Market Scenario of Personal Protective
Equipment Industry

• Global Personal Protective Equipment Market size
  is projected to contribute 67.68 billion by 2023
  and is projected to record 7.31 CAGR. Strong
  consciousness level about employee health
  safety coupled with enhanced rate of fatalities
  in industries, specifically across unregulated
  industries owing to protective gear
  unavailability is anticipated to promote personal
  protective equipment (PPE) industry trends during
  forecast timeline.
• Technological breakthroughs concentrating on low
  cost sustainable products are predicted to ensure
  a steady PPE market price trend and maintain
  industry expansion as well as penetration. Strong
  infrastructure and monetary indictors in
  developing nations like China and India are
  anticipated to propel personal protective
  equipment market growth in coming years. OSHA
  (Occupational Safety Health Administration)
  security rules, primarily across U.S. and Europe
  is predicted to propel industry expansion.

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• Global personal protective equipment market is
  fragmented into various products like fall
  protection, head, hand protection, respiratory
  protection, eye face protection, hearing
  protection, protective clothing and protective
  footwear.
• Hand protection segment contributed about 8.8
  billion in 2015 and is projected to accrue higher
  than 14.10 billion revenue by forecast period.
• Fall protection application segment is projected
  to record 7.10 CAGR during forecast timeline.
• Protective clothing application segment is
  projected to exceed 15.1 billion revenue by
  forecast timeline. Strong rules towards lessening
  of injury from fire, nuclear risk or chemical is
  predicted to play a vital part in segment
  expansion.
• Protective footwear segment is projected to gain
  maximum global personal protective equipment
  (PPE) market share and is projected to contribute
  higher than 18.1 of total revenue by end of 2023.

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5
Application Insights

• Global personal protective equipment market is
  segmented into applications like transportation,
  construction, chemicals, food, oil and gas,
  production and pharmaceuticals.
• Production application segment contributed
  greater than 20.1 revenue in 2015.
  Transportation application segment can provide
  many growth avenues with PPE industry revenue
  projected just below 5.1 billion for 2015.
  Construction segment which is an expanding
  segment is projected to record CAGR of about 7.6
  by end of forecast timeline. Overhead expenses
  related with workplace contingencies will enhance
  penetration of product in the segment in future.
• Oil and gas segment size was greater than 6.1
  billion for 2015 and is projected to witness
  revenue higher than 11.1 billion by 2023.

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Regional Analysis

• Global personal protective equipment market is
  segmented into various geographical locations
  like North America, Middle East Africa, Europe,
  Asia Pacific and Latin America.
• U.S. PPE industry share was projected to surpass
  12.1 billion for 2015. Growing occupational rate
  of fatality coupled with rising requirement for
  strong automatic wear resistant and utility gears
  across primary sectors is projected to stimulate
  industry expansion.
• Europe, led by Germany PPE market share, is
  anticipated to experience reasonable expansion in
  future, mainly owing to feeble economic pointers
  and slow manufacturing index across the region.
• Asia Pacific, specifically influenced by China
  and India personal protective equipment(PPE)
  market expansion, is expected to be most
  attractive industry destination, with revenue
  predictions higher than 13.1 billion during
  forecast timeframe.
• Middle East Africa and Latin America PPE
  industry size is anticipated to expand higher
  than 7.1 during forecast timeline.

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Competitive Insights

• Key industry participants in Personal protective
  equipment market profiled in this report includes
  Mallcom, Alpha Pro Tech Limited, Ansell Limited,
  DuPont, 3M Company, Avon Rubber p.l.c, Honeywell,
  Rock Fall Limited, MSA Company, Radians and
  Polison.

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