Personal Protective Equipment Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period
The personal protective equipment market was
estimated to be worth USD 54 billion in 2023 and is expected to grow at a
compound annual growth rate (CAGR) of 6.1% to reach USD 78.6 billion in 2032.
Wearing personal protection equipment is essential to preventing health and
safety risks for employees. The market is developing and sustainable since it
is associated with a variety of sectors.
The term "active equipment" describes a variety
of garments and tools intended to shield workers in a variety of settings from
risks to their health and safety. Helmets, gloves, eye protection,
high-visibility apparel, safety footwear, safety gear, and respiratory
protective equipment are examples of personal protective equipment (PPE). These
products are essential for reducing exposure to risks that result in severe
illnesses and injuries at work.
Request
For Free Sample Pages @ https://www.xresearch.biz/request-sample-pages/personal-protective-equipment-market
GROWTH DRIVERS
The tightening of safety laws, such as those set forth by
OSHA and Eu-OSHA, which mandate the use of personal protective equipment (PPE)
in hazardous work conditions. These rules require updates and compliance audits,
and in order to stay out of trouble and protect the safety of their employees,
businesses must invest in premium PPE. The need for efficient PPE to shield
employees from harm grows as awareness of workplace dangers rises, which in
turn propels the market's expansion.
The International Labour Organization (ILO) reports that
illnesses and accidents related to the workplace claim the lives of around 3
million workers yearly, a 5% rise. This include 330,000 fatal work-related
accidents and 2.6 million deaths from diseases related to the workplace.
Malignant neoplasms, respiratory disorders, and cardiovascular diseases rank as
the top three causes of work-related mortality. According to ILO estimates,
there are 160 million nonfatal work-related diseases that occur annually, which
translates to around 6,400 deaths per day from work-related diseases or
accidents and 860,000 injuries.
Occupational health is a focus area for the WHO, which also
addresses access to health care, social and individual determinants, and
workplace risks for illness and injury. The market is more in demand as the
industrial and construction sectors grow. Oxford Economics projects that the
global construction sector would develop at a rate of 3% per year until 2030,
with a projected increase in market value of USD 4.5 trillion to reach USD 15.2
trillion over that time.
MARKET
SEGMENTATION:
· By
Product Type – Head Protection (safety helmets and hard hats), eye and
face protection (safety spectacles, safety goggles, wielding shields, face
shields), Hand protection (gloves), hearing protection (earplugs, cap mounted
earmuffs, hearing bands), respiratory protection (air purifying respirators,
supplied air respirators, safety masks), protective clothing (coveralls,
aprons, suits), foot and leg protection (safety shoes, boots, leg guards), fall
protection (soft goods, hard goods, full body harness and body belts) and
others
· By
End Users Industry- manufacturing and construction, oil and gas, energy and
power, mining and military, food and beverages, electronics and semiconductor,
law enforcement and firefighting, chemical and healthcare
· By
Region- North America, Europe, Asia Pacific, The Middle East and
Africa, South America
Global Key
Players:
· MSA
Safety Inc.
· 3M
Company
· Sioen
Industries
· Ansell
Limited
· Mallcom
· Radians
Inc.
· DuPont
de Nemours Inc.
· Honeywell
International Inc.
· Lakeland
Industries, Inc.
· UVEX
GmbH
For
More Information about this Report @ https://www.xresearch.biz/shop/personal-protective-equipment-market
About
Us: -
xResearch is a
market research and consulting organization that uses unique data, expert
analysis, and new technologies to create trusted intelligence on industries.
Our research is focused on delivering an informed and impartial view on
essential market data of industry, and it is primarily driven by an in-depth
study covering the following parameters: Market Sizing and Forecasting, Market
Segmentation, Competitive Analysis, Strategic Assessment and Business
Modelling.
Contact:
Company Name: xResearch
Contact Person: James Lin
Email: sales@xresearch.biz
Phone: +1 718-618-4545
Comments
Post a Comment