According to the latest report by IMARC Group, titled “Respiratory Protective Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global respiratory protective equipment market size reached US$ 9.4 Billion in 2019. Respiratory protective equipment (RPE) is used to protect the wearer from inhaling hazardous substances. It either covers the nose and mouth or the entire face to filter out contaminants. It comprises visors, hoods, helmets, filtering devices, supplied-air respirators, escape/airline respirators, half/full mask respirators and breathing apparatus. It is commonly utilized in the mining, chemical, oil and gas, healthcare, construction and petrochemical industries around the world.
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 Respiratory Protective Equipment Market Trends:
With the sudden outbreak of the coronavirus disease (COVID-19), there is a significant rise in the demand for personal protective equipment (PPE), such as masks, gloves, respirators and protective clothing. This, in confluence with the distribution of PPE in the healthcare, manufacturing and aerospace sectors, is strengthening the market growth. However, as governing agencies have enforced complete lockdowns and are promoting social distancing measures to prevent the spread of the disease, there is a disruption in logistics and the unavailability of workers. Despite this, market players are working at an optimum level to minimize the demand-supply gap. Furthermore, the rising instances of infectious diseases, such as Severe Acute Respiratory Syndrome (SARS), Ebola Virus Disease (EVD), and Middle East Respiratory Syndrome (MERS), is expected to drive the market in the upcoming years. Looking forward, the market value is projected to reach US$ 16.3 Billion by 2025, expanding at a CAGR of 9.50% during the forecast period (2020-2025).
Market Summary:
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