Uploaded on Apr 1, 2020
The Global Market for Personal Protective Equipment in terms of value is estimated to register 6.32% CAGR during the forecast period
Personal Protective Equipment Market
Market Highlights
Personal protective equipment refers to safety gears used by the workers in the industry such as
helmets, eye gears, gloves, etc. According to the findings offered by Market Research Future
(MRFR), the global personal protective equipment market is expected to scale 6.2% CAGR over the
forecast period 2017 to 2023. The market, in terms of revenue, is poised to touch a valuation of USD
53.14 Bn by 2023.
The implementation, scrutinization, and amendment of labor laws by governments to ensure the
safety and protection of laborers is likely to drive the growth of the personal protective equipment
market in the coming years. The governments have mandated safety standards to be met by
industries for the workers. These mandates are expected to lead the proliferation of the personal
protective equipment market during the assessment period. In addition, industries such as oil &
gas, mining, etc. require the labors to work in extreme conditions. It is presumed to boost the
growth rate of the global market in the nearby future. Increasing exploration activities in the
mining industry are one of the primary market drivers.
Market participants are focusing on the innovation of product line and product development. The
launch of new and lightweight products is expected in the coming years. It is supposed to push the
personal protective equipment market on its growth trajectory.
Segmentation:
The segmentation of the personal protective equipment market, on the basis of type, covers -
respiratory protection, foot & leg protection, protective clothing, eye & face protection, fall
management equipment, head protection, hands & arm protections, protective eyewear, protective
communications, and others.
Based on safety products, the segmental analysis of the personal protective equipment market
covers gloves, safety helmets, eye protection, safety footwear, high-visibility clothing, oxygen mask,
and others.
The end-user segments of the personal protective equipment market profiled in the report are -
manufacturing, machinery & electronics, construction, chemical, aeronautics and aerospace, oil &
gas, healthcare, transportation, food & beverage, firefighting, and others.
Regional Analysis:
The regional assessment of the global personal protective equipment market includes the study of
four key regions - Europe, North America, Asia Pacific (APAC), and the Rest of the World (RoW).
These regional segments are also assessed on the basis of countries present. North America has
captured the largest share of the global market and is anticipated to maintain its dominance over
the assessment period. The implementation of strict labor protection laws in the region is expected
to drive the growth of the market in the region. In addition, the investments in the revamp of the
construction industry are also poised to influence the personal protective equipment market
greatly in the nearby future. Asia Pacific also resonates growth potential and is prognosticated to
earn considerable revenues in the coming years. Rapid industrialization is the key factor boosting
the expansion of the market in Asia Pacific region.
Competitive Dashboard:
E I DuPont de Nemours and Co. (US), Alpha Pro Tech, Ltd. (Canada), Radians, Inc. (US), Sioen
Industries NV (Belgium), 3M Company (US), Ansell Limited (US), MSA Safety Inc. (US), Kimberly-
Clark Corporation (US), Carl Zeiss AG. (Germany), Honeywell International Inc. (US), and Lakeland
Industries, Inc. (US) are some of the players operating in the personal protective equipment market
profiled in this assessment. These players are anticipated to innovate and expand their product
lines in the upcoming years. It is presumed to catalyze competition among the market players
during the forecast period.
Industry News:
In October 2019, RX-Safety, a leader in general safety glasses and prescription safety glasses, has
announced the launch of a complete product line for Oakley Prescription Safety Glasses. These
glasses will also be available for online purchase on RX-Safety.com.
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