PUBLISHER: SkyQuest | PRODUCT CODE: 1270752
PUBLISHER: SkyQuest | PRODUCT CODE: 1270752
Global Personal Protective Equipment (PPE) Market size was valued at USD 71.5 billion in 2021 and is poised to grow from USD 80.38 billion in 2022 to USD 115.66 billion by 2030, growing at a CAGR of 4.7% in the forecast period (2023-2030).
Wearing personal protective equipment, or "PPE," helps to prevent exposure to dangers that could cause serious workplace illnesses and injuries. These injuries and illnesses could be brought on by occupational exposure to chemical, radioactive, physical, electrical, mechanical, or other risks. Personal protection equipment includes things like coveralls, vests, full-body suits, respirators, gloves, safety goggles, shoes, earplugs or muffs, hard helmets, and earplugs or muffs.
For patients who are at a high risk of developing infections after surgery or who have a medical condition like immunodeficiency, PPE may also protect against exposure to substances or potentially infectious material brought in by visitors and healthcare professionals. When properly applied and combined with other infection control methods like hand washing, the use of alcohol-based hand sanitizers, and concealing coughs and sneezes, it helps to minimise the spread of infection from one person to another. Soiled PPE must be removed and disposed of appropriately in order for PPE to be used effectively and to protect both the user and bystanders from infection.
PPE that comes with a quality guarantee is still in high demand. The purchase and distribution of PPE still involve a major contribution from UNICEF. In reality, UNICEF has distributed more than 653.4 million PPE items to 140 countries as part of the COVID-19 response since the epidemic began. This is made possible by contributions from groups like UNICEF's Humanitarian Action for Children Appeal and a grant from the Danish government to the ACT-A Supplies Financing Facility (ACT-A SFF).
Top-down and bottom-up approaches were used to estimate and validate the size of global Personal Protective Equipment (PPE) Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to get the final quantitative and qualitative data.
Segments covered in this report
The Global Personal Protective Equipment (PPE) Market is segmented based on the Product Type, End Use, and region. Based on the Product Type, the Personal Protective Equipment Market is segmented as Eye and Face Protection, Head Protection, HearingProtection, Protective Clothing, Respiratory Protection, Professional Footwear, Fall Protection, Hand Protection, Others. Based On End Use, the Personal Protective Equipment Market is segmented as Manufacturing, construction, automotive, oil & gas, healthcare, chemical, food, transportation, and Others. Based on Region Personal Protective Equipment Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
The global market for personal protective equipment is being driven by factors such as an increase in workplace deaths, stronger government regulations, greater public awareness of personal safety, and technological improvements in PPE materials.
The International Labour Organisation (ILO) and the Occupational Safety and Health Administration (OSHA), among other public and private organisations, are adopting stringent guidelines for the use of personal protective equipment at work as the frequency of workplace accidents rises. Due to this, the PPE market has experienced a large uptick, and this pattern is anticipated to remain for the foreseeable future.
Due to an increase in industrial fatalities and injuries, the market for personal protective equipment is growing quickly. Electrocution, caught-ins, and falls are the most common reasons for workplace fatalities. Wearing PPE protects workers from potential disease and danger every day. Physical, radioactive, chemical, electrical, biological, and mechanical hazards are just a few of the threats that PPE can help protect against.
Automation and the internet of things (IoT) are being incorporated into various manufacturing sectors' facilities in developed and developing countries to increase productivity and lower overall costs. This is now understood to be a significant issue restricting the growth of the personal protection sector.
In the PPE category, there are now three key trends that apply to all geographical areas and product types. Here are some of them:
stability of the supply chain In response to COVID-19, producers of personal protective equipment (PPE) have experienced a sharp rise in demand for their products at a time when they were also experiencing capacity challenges brought on by social exclusion and other precautionary measures at facilities to halt the spread of COVID.
Digital presence: Instead of consulting their DSR or sales representative, consumers and decision-makers are increasingly relying on digital content and e-commerce to evaluate and make decisions about PPE.