Global Personal Protective Equipment Market to Reach US$ 115.0 Billion by 2028, Impelled by Rising Product Demand from Healthcare Industry

March 25, 2022 | Retail

According to the latest report by IMARC Group, titled "Personal Protective Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global personal protective equipment market reached a value of US$ 69.3 Billion in 2022. Personal protective equipment (PPE) refers to a gear that is generally utilized in medical settings to aid in minimizing the chances of contracting infections. It acts as a barrier between the body and infectious materials, including bacterial and viral contaminants. PPE mainly includes various wearable gears, such as glasses, gloves, shoes, muffs or earplugs, respirators, helmets, vests or full bodysuits. These gears are commonly manufactured using hard plastics, laminates and nonwoven materials that differ on the basis of varying levels of resistance to penetration, permeation and degradation by hazardous substances. Along with this, PPE is also extensively used for blocking the transmission of contaminants from respiratory and blood secretions.

Global Personal Protective Equipment Market Trends:

The global market is primarily driven by the rising product demand from the healthcare industry. This is supported by the growing incidences of viral infections and pathogen transmissions among the masses. Moreover, significant growth in the construction industry, along with increasing investments in infrastructural development projects across multiple countries, is further propelling the product demand. Additionally, numerous leading manufacturers and suppliers are heavily investing in the production of comfortable and lighter PPE using premium-quality fabrics, which is gaining widespread prominence among individuals. Furthermore, continual technological advancements and the integration of sensors with PPE to identify hazardous substances in the environment are creating a positive market outlook. Other factors, including stringent industrial safety regulations, the rising safety concerns among the masses, considerable expansion of the industrial sector and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market growth. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 115.0 Billion by 2028, growing at a CAGR of 8.7% during 2023-2028.

Market Summary:

  • Based on the equipment type, the market has been segmented into head, eye and face protection, respiratory protection, hand and arm protection, protective clothing, fall protection, protective footwear, hearing protection and others.
  • On the basis of the end-use industry, the market has been segregated into oil and gas, construction, chemical, healthcare, manufacturing and others.
  • Based on the region, the market has been divided into Europe (Germany, the United Kingdom, France, Netherlands, Belgium, Norway, Sweden, Finland, Denmark, Southern Europe and Eastern Europe), North America (the United States and Canada), Asia Pacific (China, Australia, India, Japan, South Korea, Indonesia, Malaysia and New Zealand), Latin America (Brazil and Mexico) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include Honeywell International Inc., E I Dupont De Nemours and Co., Kimberly-Clark Professional, Ansell Limited, MSA Safety Inc., Lakeland Industries, Inc., Alpha Pro Tech, Ltd., Sioen Industries NV, Radians, Inc., COFRA Holding AG, Avon Rubber P.L.C. and National Safety Apparel.

 

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Personal Protective Equipment Market to Reach US$ 115.0 Billion by 2028, Impelled by Rising Product Demand from Healthcare Industry
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