Personal Protective Equipment Market Size, Growth, Future Demand, Forecast, 2032 | PPE Industry Share, Latest Report, Global Analysis, 2024

The global personal protective equipment (PPE) market size was valued at USD 83.91 billion in 2023 and is projected to grow from USD 87.69 billion in 2024 to USD 128.57 billion by 2032, exhibiting a CAGR of 4.9% during the forecast period.

In safeguarding against safety hazards and workplace health issues, Personal Protective Equipment (PPE) emerges as a pivotal tool. Its significance becomes paramount during emergencies, contributing to the recovery and well-being of workers.

The heightened awareness of the various hazardous chemicals and substances present in the food production sector underscores the need for PPE. As workers face potential exposure to flammable, explosive, and poisonous gases, the demand for reliable monitoring systems, breathing apparatus, and specialized PPE is on the rise, supporting Personal Protective Equipment market growth.

Fortune Business Insights™ shares this information in its report titled "Personal Protective Equipment Market, 2024-2032."

𝑮𝒆𝒕 𝒂 𝑭𝒓𝒆𝒆 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒔𝒆𝒂𝒓𝒄𝒉 𝑹𝒆𝒑𝒐𝒓𝒕 - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/personal-protective-equipment-ppe-market-102015

Personal Protective Equipment Market Segments

Respiratory Protection is the Fastest Growing Market Due to Rise in Air-Borne Diseases

By product, the market for personal protective equipment is fragmented into head protection, protective clothing, eye face protection, protective footwear, hand protection, respiratory protection, fall protection, hearing protection, and others. The respiratory protection is the fastest growing segment due to rise in the number of air-borne diseases which spread through droplets of saliva, cough and sneezing. This has been creating high demand for respirators and masks.

Healthcare Segment Held the Key Share in the Market Owing to Demand Driven by Increasing Number of COVID-19 Cases

By end-use industry, the market is divided into construction, automotive, oil & gas, chemical, healthcare, food, transportation, manufacturing, and others. The healthcare segment captured the key market share in 2022. The escalating number of coronavirus cases worldwide, coupled with the growing geriatric population, and has significantly increased the demand for PPE in healthcare settings.

Personal Protective Equipment Report Coverage

The report offers an in-depth analysis of key segments and the most recent trends within the market. It thoroughly explores the factors propelling and hindering market growth, taking into account the repercussions of the COVID-19 pandemic. Furthermore, the report delves into regional advancements and scrutinizes the strategies employed by key players in the market.

𝑮𝒆𝒕 𝒂 𝑸𝒖𝒐𝒕𝒆 - https://www.fortunebusinessinsights.com/enquiry/get-a-quote/personal-protective-equipment-ppe-market-102015

Competitive Landscape

Key Market Players Are Engaging into Various Strategies to Expand their Business Footprint

In the Personal Protective Equipment market, a fragmented landscape is evident, with key players including 3M, AlphaProTech, DuPont, Bullard, and MSA Safety. Noteworthy contributors such as Honeywell International Inc., Kimberly-Clark Worldwide, Inc., Lakeland, Inc., Protective Industrial Products, Inc., and Radians, Inc., play crucial roles. Manufacturers are proactively expanding their business footprint to bolster industry competence and mitigate the potential threats posed by new entrants. Moreover, companies are strategically involved in activities such as securing contracts, making acquisitions, and forming partnerships with industry leaders to expand their presence in current markets.

Personal Protective Equipment Industry Development

January 2023: 3M reported surpassing profit expectations as the demand for N95 masks surged due to the Omicron variant. The company experienced heightened demand for its respirators as Omicron-related COVID-19 cases surged in the U.S., leading to increased infections and hospitalization rates in December 2022.

List of Key Players Profiled in the Personal Protective Equipment Report

3M (U.S.)
AlphaProTech (Canada)
DuPont (U.S.)
Bullard (U.S.)
MSA Safety (U.S.)
Honeywell International Inc. (U.S.)
Kimberly-Clark Worldwide, Inc. (U.S.)
Lakeland, Inc. (U.S.)
Protective Industrial Products, Inc. (U.S.)
Radians, Inc. (U.S.)
Drivers and Restraints

Innovation in Antiviral Fabrics to Encourage Market Growth

Key players in the performance textile industry are actively prioritizing the development of antiviral finishes and fabrics. Innovations such as Ascend Performance Materials' Acteev technology, capable of destroying various pathogens including SARS-CoV-2, showcase the industry's commitment in creating advanced PPE solutions. The rapid development of antiviral finishes and fabrics with enhanced antimicrobial properties contributes significantly to the growth of the PPE market.

However, issues such as skin tears from tight masks, pressure damage, and damp skin from perspiration contribute to the skin injuries, posing a risk of infection and highlighting the need for improved preventive measures.

Regional Personal Protective Equipment Insights

North America Holds the Largest Market Share Owing to Growing Number of COVID-19 cases

The U.S. accounts for the largest part in the Personal Protective Equipment market share driven by increased demand for coverall headgear in the healthcare sector, fueled by the rising number of COVID-19 cases. The emphasis on individual safety measures, especially in eye and face protection, is contributing to the substantial growth of this market segment.

𝑹𝒆𝒂𝒅 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 - https://www.fortunebusinessinsights.com/personal-protective-equipment-ppe-market-102015

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This release was published on openPR.