The global Personal Protective Equipment market gathered revenue around USD 76.9 Billion in 2020 and market is set to grow USD 110 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 7.0% during the prediction period 2021 to 2027.
Growth Factors:
The market upgrading of the public healthcare system and infrastructure coupled with investments in new facilities in developing economies is anticipated to drive the product demand over the coming years.
The stringent regulations imposed by the U.S. Department of Labor and Occupational Safety and Health Administration (OSHA) in the country have a positive impact on product demand from the end-use industries. In addition, the growing employee awareness related to personal safety has a significant influence on the increased penetration of personal protective equipment (PPE) in the country.
Constant innovations, in terms of production, such as the development of lighter, comfortable industrial protective equipment using premium-quality fabric, are projected to propel market growth. High demand for PPE, which combines safety with improved aesthetics and technological innovation, is further estimated to augment market growth.
Various countries implemented Covid-19 related acts, such as the Families First Coronavirus Response Act by the U.S., for protecting public health workers, establishing free testing, providing paid leaves, and important benefits to children and families in 2020 to curb the spread of the virus. Increasing domestic production coupled with restraints on imports and exports of PPE surged the product demand in 2020.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Personal Protective Equipment market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Personal Protective Equipment market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
Report Coverage
Report Scope | Details |
Market Size | USD 110 Billion by 2027 |
Growth Rate | CAR 7.0% From 2021 to 2027 |
Base Year | 2020 |
Forecast Period | 2021 to 2027 |
Largest Market | North America |
Fastest Growing Market | Asia Pacific |
Segments Covered | Product, End-use and Region |
Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
Companies Mentioned | Honeywell International, Inc.; Lakeland Industries, Inc.; DuPont; 3M; Ansell Ltd.; Avon Rubber plc; COFRA S.r.l.; Uvex Safety Group; Lindstrom Group; BartelsRieger Atemschutztechnik GmbH; Rock Fall (U.K.) Ltd.; Mine Safety Appliances (MSA) Company. |
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Personal Protective Equipment market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Regional analysis:
Led by the U.S., North America accounted for the largest revenue share of over 34% in the global market in 2020 owing to developed end-use industries along with high product adoption in the healthcare sector. High product penetration in the U.S. is attributed to a stringent regulatory scenario coupled with hefty penalties for non-compliance with the standards that are forcing employers to adopt PPE.
Asia Pacific is expected to emerge as the fastest-growing regional market at a CAGR of 8.0% over the forecast period on account of economic growth and rapid industrialization across the region. Furthermore, huge compensation costs associated with workplace fatalities are expected to force employers in various end-use sectors to use protective equipment aiding product demand.
The upgrading of the public healthcare system and infrastructure, coupled with investments in new facilities, are part of the reform plan in Russia. These developments are expected to drive the demand for medical equipment and devices. The demand for hand protection equipment, such as disposable and durable gloves, is anticipated to witness significant growth owing to the rapidly expanding medical sector in the country.
The recovery of the manufacturing sector in Malaysia, in the second half of 2019, positively influenced the market growth. The steady growth of the chemical industry coupled with increasing penetration of PPE in chemical manufacturing owing to rising awareness regarding employee safety is expected to drive the market over the forecast period.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Personal Protective Equipment Market include: Honeywell International, Inc.; Lakeland Industries, Inc.; DuPont; 3M; Ansell Ltd.; Avon Rubber plc; COFRA S.r.l.; Uvex Safety Group; Lindstrom Group; BartelsRieger Atemschutztechnik GmbH; Rock Fall (U.K.) Ltd.; Mine Safety Appliances (MSA) Company; Radians, Inc.; Polison Corp.; Gateway Safety, Inc.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Personal Protective Equipment market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Personal Protective Equipment market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Personal Protective Equipment markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Personal Protective Equipment market Study:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Personal Protective Equipment Market, By Product
7.1. Personal Protective Equipment Market, By Product, 2021-2027
7.1.1. Head, Eye & Face Protection
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Hearing Protection
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Protective Clothing
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Respiratory Protection
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Protective Footwear
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Fall Protection
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Hand Protection
7.1.7.1. Market Revenue and Forecast (2016-2027)
7.1.8. Others
7.1.8.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Personal Protective Equipment Market, By End-use
8.1. Personal Protective Equipment Market, By End-use, 2021-2027
8.1.1. Construction
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Manufacturing
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Oil & Gas
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Chemicals
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Food
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Pharmaceuticals
8.1.6.1. Market Revenue and Forecast (2016-2027)
8.1.7. Healthcare
8.1.7.1. Market Revenue and Forecast (2016-2027)
8.1.8. Transportation
8.1.8.1. Market Revenue and Forecast (2016-2027)
8.1.9. Mining
8.1.9.1. Market Revenue and Forecast (2016-2027)
8.1.10. Others
8.1.10.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Personal Protective Equipment Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, By Product (2016-2027)
9.1.2. Market Revenue and Forecast, By End-use (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, By End-use (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, By Product (2016-2027)
9.5.2. Market Revenue and Forecast, By End-use (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, By End-use (2016-2027)
Chapter 10. Company Profiles
10.1. Honeywell International, Inc
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Lakeland Industries, Inc
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. DuPont
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. 3M
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Ansell Ltd
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Avon Rubber plc;
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. COFRA S.r.l.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Uvex Safety Group
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Lindstrom Group
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. BartelsRieger Atemschutztechnik GmbH
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms