Global Personal Protective Equipment (PPE) market size worth USD 67.6 billion by 2023 - PowerPoint PPT Presentation

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Global Personal Protective Equipment (PPE) market size worth USD 67.6 billion by 2023


Personal Protective Equipment (PPE) Market size forecast is likely to hit USD 67.66 billion by 2023. PPE market analysis pegs revenue growth at 7.3%. Personal Protective Equipment (PPE) market growth over the forecast period. U.S PPE market, PPE market revenue estimated – PowerPoint PPT presentation

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Title: Global Personal Protective Equipment (PPE) market size worth USD 67.6 billion by 2023

Personal Protective Equipment (PPE) market size
worth USD 67.6 billion by 2023
Global Market Scenario of PPE
  • Personal Protective Equipment (PPE) Market size
    is predicted to touch 67.61 billion by end of
    2023 and register CAGR of 7.3 during forecast
  • Growing employee safety and health issues coupled
    with rising industrial fatalities across
    unregulated industries will promote personal
    protective equipment (PPE) industry growth.
  • Technological breakthroughs that focus on
    sustainable low priced materials can be critical
    for ensuring a steady personal protective
    equipment industry price trend and retain
  • Powerful monetary and infrastructure pointers in
    emerging nations like India and China are
    predicted to drive the PPE industry size in
    future. OSHA (Occupational safety and health
    administration) security guidelines in U.S. and
    Europe are predicted to push industry growth.

  • Hand protectionsegment is forecast to register
    CAGR of 7 during forecast period with industry
    size evaluated at 8.65 billion for 2015 and
    predicted revenue of 14.8 billion by end of
    forecast period. Chemical, pharmaceutical,
    production construction and food industries are
    the key demand opportunities for the segment.
  • Protective footwear segment is predicted to gain
    personal protective equipment (PPE) industry
    share and contribute more than 18 in terms of
    revenue by 2023.
  • Transport applications contributed near about
    5.1 billion for 2015 and the segment offers
    substantial business revenue growth
    opportunities for the industry.
  • Construction is yet another highly expanding
    application with predicted CAGR of 7.4 by end of
    forecast period. Overhead prices related with
    workplace accidents are predicted to enhance its
    industry penetration in future.
  • Oil gas personal protective equipment industry
    size was 6 billion for 2015 and is predicted to
    surpass revenue of 11.1 billion by 2023.
  • Pharmaceuticals, chemical processing and food
    technology are few of other key applications of
    the industry.


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Application Analysis- Transportation
applications could present significant growth
opportunities, with PPE market revenue estimated
at just under USD 5 billion in 2015. Construction
is another high-growth application segment, with
expectations of 7.5 CAGR by 2023. Oil gas
personal protective equipment (PPE) market size
was over USD 6 billion in 2015, and could see
revenue in excess of USD 11 billion by the end of
the forecast period. Regional Analysis- U.S.
personal protective equipment market size was
estimated to be in excess of USD 12 billion in
2015, with strong growth indicators for the
forecast timeframe. Rising occupational fatality
rate, along with a pressing need for highly
durable mechanical wear resistant and utility
protective gears across core industries should
drive growth. Competitive Market Share- Some
global participants have managed to overcome
regional barriers, with Honeywell leading the
industry interns of market share, estimated at
over 27 in 2015. 3M, Dupont, Ansell, MSA, Uvex
are some notable companies, with significant
presence across various applications.


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