Global Personal Protective Equipment Market Is Estimated to grow by ~6.2% of CAG
Posted by Nohaliam on August 28th, 2017
The study reveals that Personal Protective Equipment is trending in North America region. PPE consisting of a comprehensive hazard assessment and the information about selecting protective devices for the workplace. The executive management in industrial firms has been becoming proactive regarding employee health & safety. The stringent regulatory framework in economies such as the U.S. and the UK has been forcing companies to follow strict safety norms to avoid occupational hazards.
The study indicates that all personal protective equipment has been safely designed and constructed, and maintained in a clean and reliable fashion. The major players including Radians, Inc. (US), 3M Company (US), MSA Safety Inc. (US), have bring the PPE products that also includes smart protective devices such as protective communications, protective eyewear and many more . Furthermore, several companies are also emphasizing on achieving technological advancements to cater to the demands of clients.
The Personal Protective Equipment Market is growing rapidly over 6.2% of CAGR and is expected to reach at USD $~ 53.14 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Personal Protective Equipment Market Research Report -Forecast to 2023”.
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The Personal Protective Equipment Market has been segmented on the basis of type, safety products, end -users and region. In user segment, the healthcare sector is also a booming the market for personal protection equipment, owing to continuously increasing communicable diseases such as H1N1, Ebola, and among others. As well as the construction and automotive sectors are also anticipated to continue their dominance in APAC region over the next five years. The high cost associated with workplace hazards, coupled with the launch of industry specific personal protection equipment by the companies are contributing towards boosting PPE market.
The prominent players in the Personal Protective Equipment market – Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), Radians, Inc. (US), 3M Company (US), MSA Safety Inc. (US), Ansell Limited (US), Kimberly-Clark Corporation (US), Honeywell International Inc. (US), E I DuPont de Nemours and Co. (US), and Lakeland Industries, Inc. (US) among others.
On geographic basis, Personal Protective Equipment market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the Personal Protective Equipment market. In Europe region, the food industry will generate over USD 450 million in business by 2023. Moreover, in APAC region, head, eye, respiratory, face, fall, and hearing protection equipment requirement should create opportunities for various industrial participants in this region and stimulate product demand.
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Study Objectives of Personal Protective Equipment System Market:
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Personal Protective Equipment system market.
• To provide insights about factors affecting the market growth.
• To analyze the Personal Protective Equipment system market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment on the basis of type, safety products, end -users and region.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Personal Protective Equipment system
The global Personal Protective Equipment market has been segmented on the basis of type, safety products, end -users and region.
Personal Protective Equipment Market by Type:
• Protective Communications
• Protective Eyewear
• Respiratory Protection
• Protective Clothing
• Foot & Leg Protection
• Eye & Face Protection
• Hands & Arm Protections
• Head Protection
• Fall Management Equipment
Personal Protective Equipment Market by safety products:
• Oxygen Mask
• Safety Helmets
• Eye Protection
• High-Visibility Clothing
• Safety Footwear
Personal Protective Equipment Market by End-User:
• Aeronautics and Aerospace
• Machinery & Electronics
• Chemical & Synthetics
• Oil & Gas
• Food and beverages
Personal Protective Equipment Market by Regions:
• North America
• Rest of the World
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The regional analysis of Personal Protective Equipment market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world and it is capturing the market over 38% and has largest market share in Personal Protective Equipment market. In North America, the construction applications generate high revenue growth to the companies as the workers are wearing smart glasses and using virtual arms in construction industry. The increasing government rules and regulations for the workers safety is driving regional growth in Europe region and is expected to witness rapid growth in the forthcoming days. While, in Asia-Pacific countries like China, Japan and South Korea is an emerging market for Personal Protective Equipment market. This market has a huge potential for growth of Personal Protective Equipment.
Name: Akash Anand
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