Personal Protective Equipment Market worth $69.4 billion by 2028


Posted October 26, 2023 by nishilgupta

In terms of value, the personal protective equipment market is estimated to grow from USD 54.0 billion in 2023 to USD 69.4 billion by 2028, at a CAGR of 5.1%.

 
Personal protective equipment (PPE) refers to specialized clothes or equipment meant to protect individuals from various health and safety threats in the workplace or other places. Personal protective equipment is chosen based on the specific hazards in each environment and should be fitted and maintained appropriately. Employers are normally responsible for providing suitable personal protective equipment (PPE) and training employees on how to make best use of it. Workers are responsible for wearing the specified PPE as directed to maintain their safety and well-being. The proper use of personal protective equipment (PPE) is a vital component of occupational safety and risk reduction.
The personal protective equipment market is experiencing significant growth driven by many key factors. Hand & arm protection has attracted attention as a prospective type in the personal protective equipment market for several reasons. Hand and arm protection is necessary in a variety of industries, including manufacturing, construction, healthcare, oil & gas, food, transportation, firefighting, and others. Due to the variety of uses, protective gloves and sleeves are in high demand. Many industries entail actions that put the hands and arms at risk. Contact with chemicals, sharp objects, severe temperatures, and mechanical injuries are examples of potential dangers. As these industries grow, so does the demand for safety equipment.
The personal protective equipment market has been gradually expanding, with increased manufacturing and infrastructural development. Most of the countries have witnessed industrial and manufacturing growth, resulting in an increased demand for personal protective equipment (PPE) to protect the rising workforce. This expansion has been particularly evident in emerging economies. These developments frequently require the use of specialized personal protective equipment. Manufacturing frequently employs many workers, all of them require appropriate personal protective equipment. The sheer size of the manufacturing workforce contributes to an increase in the demand for protective equipment in the manufacturing industry.
The personal protective equipment market is evolving, with major players playing a vital role in developing new and advanced products. Honeywell International Inc. (US), DuPont de Nemours, Inc. (US), 3M Company (US), Ansell Limited (Australia), Kimberly-Clark Corporation (US), Lakeland Industries, Inc. (US), Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), Radians Inc. (US), and MSA Safety Inc. (US) are key players in the personal protective equipment market. These players have adopted various growth strategies to strengthen their position in the market. These include new product launches, mergers and acquisitions, contracts, partnerships, and product development activities to further expand their presence in the personal protective equipment market.
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132681971
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Issued By Nishil Gupta
Country India
Categories Miscellaneous , Open Source , Personal Interests
Tags personal protective equipment , ppe types , ppe standards
Last Updated October 26, 2023