Market Research Report
Southeast Asia Personal Protective Equipment (PPE) Market Size, Share & Trends Analysis Report By Product (Head, Eye & Face Protection, Respiratory Protection, Protective Clothing), And Segment Forecasts, 2019 - 2025
|Published by||Grand View Research, Inc.||Product code||447157|
|Published||Content info||164 Pages
Delivery time: 2-3 business days
|Southeast Asia Personal Protective Equipment (PPE) Market Size, Share & Trends Analysis Report By Product (Head, Eye & Face Protection, Respiratory Protection, Protective Clothing), And Segment Forecasts, 2019 - 2025|
|Published: February 4, 2019||Content info: 164 Pages||
The Southeast Asia personal protective equipment market size is expected to reach USD 2.10 billion by 2025 expanding at a CAGR of 8.0%, according to a new report by Grand View Research, Inc. Growing awareness regarding workers' safety owing to several cases of occupational accidents is projected to drive the Southeast Asia PPE market. Wide usage of PPEs in the production of protective clothing in a variety of industries will boost the industry growth. Rising need to avoid workplace accidents in industries, such as chemical production, manufacturing, and oil & gas, is expected to propel the market development.
Increasing preference for comfortable and lightweight protective wear without compromising operability is also contributing to the industry expansion. Moreover, popular trend of installing wearable technology gadgets in PPEs to monitor the operating environment is expected to drive the industry further. PPE production is highly capital-intensive due to complex manufacturing methods and high costs of raw materials. Thus, initial capital investment is expected to be a major entry barrier for new participants, on account of which, the threat of new entrants is expected to remain low.