According to the latest report by IMARC Group, titled “Personal Protective Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global personal protective equipment market size reached US$ 49.5 Billion in 2019. Personal protective equipment (PPE) refers to the wearable equipment and gear designed to protect workers against potential occupational hazards, which may include serious illnesses or injuries. Some of the most commonly used PPE are respirators, high-visibility clothing, earplugs or earmuffs, coveralls or lifejackets, safety helmets, eye protection, gloves, gauntlets, safety harnesses and safety footwear. PPE aids in protecting personnel from various biological contaminants, toxic vapors, hazardous gases, radiological particulates and other chemical agents. It is essential for workers to wear these gears in case the engineering, work practice and administrative controls are not feasible in the workplace. Consequently, these gears are extensively utilized as a crucial element across the chemical, construction, oil and gas, and pharmaceutical and healthcare industries.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Personal Protective Equipment Market Trends:
The global market is driven by the growing demand for PPE from the healthcare industry on account of the rising cases of COVID-19, as medical workers are at a higher risk of acquiring the disease. As a result, governments of numerous countries are increasing their budget to invest in the purchase and production of PPE. Apart from this, rapid industrialization, along with the growing emphasis on workplace safety, is boosting the market growth. Increasing incidences of occupational hazards and significant loss of valuable workforce have resulted in the growing awareness regarding personal and occupational safety among workers and employers, which, in turn, has facilitated the uptake of PPE on the global level. Moreover, governments of numerous countries are introducing stringent occupational health and safety regulations and guidelines to manage or eliminate hazards to the greatest extent possible. Furthermore, manufacturers are continually focusing on developing smart designs for PPE to improve the overall functionality of the gears and provide better protection using advanced manufacturing technologies and high-performance raw materials, thereby providing a thrust to the market growth. On account of the aforementioned factors, the market is projected to exhibit moderate growth during the forecast period (2020-2025).
Market Summary:
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