Market Research Report
Southeast Asia Personal Protective Equipment Market Size, Share & Trends Analysis Report By Product (Protective Clothing, Hand Protection, Fall Protection), By End-use, And Segment Forecasts, 2020 - 2027
|Published by||Grand View Research, Inc.||Product code||943805|
|Published||Content info||118 Pages
Delivery time: 2-3 business days
|Southeast Asia Personal Protective Equipment Market Size, Share & Trends Analysis Report By Product (Protective Clothing, Hand Protection, Fall Protection), By End-use, And Segment Forecasts, 2020 - 2027|
|Published: June 4, 2020||Content info: 118 Pages||
The Southeast Asia personal protective equipment market size is expected to reach USD 5.03 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.1% during the forecast period. The presence of stringent guidelines regarding occupational health and safety is projected to spur Personal Protective Equipment market over the forecast period.
Increasing awareness regarding worker health and safety along with growing industrial fatalities, primarily in the emerging economies, on account of lack of protective gear is also anticipated to steer the market growth during the forecast period. Technological innovation accompanied by changing consumer need for (Personal Protective Equipment) PPE is further projected to boost the market expansion.
Southeast Asia is expected to experience high growth during the forecast period owing to rising construction and infrastructure projects in these regions, thereby creating immense opportunity for the PPE market. Rapid industrialization in developing economies such as those in Southeast Asia is expected to positively affect demand for PPE in near future.
Safety regulations are expected to be the key factors driving the personal protective equipment market in Southeast Asia over the forecast period. Durable protective clothing such as flame retardant apparel, chemical defending garments, and mechanical protective clothing, are gaining importance in industries such as foundry, chemical processing, metal forming, construction, and oil and gas.