Thermal PES is considered as one of the most important new trends in the manufacture of clothing in recent years, resulting in demand for protective clothing equipment. Among manufacturers, there is a high level of competition that drives the global market. The development of technologies helps produce flame retardant clothing, chemical resistant clothing, durable and disposable protective equipment with several properties. The value of the personal protective equipment market is expected to grow from US$ 45.52 billion in 2018 to US$ 62.66 billion by 2023, extending at an annual growth rate of approximately 6.6%.
Market Drivers and Restraints:
Raising awareness about the importance of job security, growth in developing countries and the adoption of strict regulatory frameworks have been the main drivers of the personal protective equipment market. The increasing use of the product by workers in the next period, with applications in manufacturing, medical care and construction, is leading the market. The increase in accidents at work, fatal accidents and dangerous working conditions such as welding, cutting, nailing, and others are driving the market further.
The risk assessment is carried out to attract the market, since there is a risk of building well foundations and building tanks or hydraulic wells, as the risk of blowing and releasing hydrogen sulfide represents a threat to workers. The increase in industrialization is leading to growth in the manufacturing, food, transportation and pharmaceutical industries, and is driving the growth of the sector. The rising prices of specialized clothing and increasing automation for the end-user industry are the main obstacles to the personal protective equipment market.
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Report segmented as
- Hands & Arm Protection,
- Protective Clothing,
- Foot & Leg Protection,
- Respiratory Protection,
- Head Protection
By End-Use Industry:
- Oil & Gas, Healthcare
Geologically, the personal protective equipment market can be segmented as North America, South America, Europe, Middle East & Africa, and Asia-Pacific. North America leads the global marketplace. Asia-Pacific is predictable to generate high revenue in the forthcoming period with rising investments in infrastructure and residential building projects in China and India.
Important Market Players:
3M Co., MSA Safety Inc., Ansell Limited, Honeywell International Inc., E I du Pont de Nemours and Co., Kimberly-Clark Corporation, Lakeland Industries, Inc., Alpha Pro Tech Ltd., Sioen Industries NV, and Radians Inc. are the major companies working in the personal protective equipment market.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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