The Global Personal Protective Equipment (PPE) Market is expected to foresee huge exponential growth in 2020 & 2021; mounting at a remarkable compound annual growth rate (CAGR); however, the market is expected to be near normal growth pattern under normal conditions only after 2021. So, the global Personal Protective Equipment Market compound annual growth rate (CAGR) from 2022 to 2027 is expected to be 6.8%; however, the market in next each year is expected to be larger as estimated earlier on the basis of considering 2019 as the base year. Also, the growth pattern would differ as compared to the previous year's growth patterns before 2020.
**The CAGR is quite low from 2020 to 2027; due to the huge market size in 2020 alone as per the volume/ shipment, which is comparatively higher owing to COVID- 19.
The demand for PPE equipment across the healthcare sector would be high throughout the forecast period as the trend for individual safety would be on the rise throughout the forecast period. The government sector is expected to be careful beforehand in case the next pandemic comes in the scene. Therefore, masks for respiratory protection primarily in individuals and head, face, respiratory, clothing, gloves, and footwear equipment across the healthcare industry would foresee tremendous growth throughout the forecast period.
The year 2020 is alone expected to hold a huge potential throughout the year as the demand is on the boom for PPE globally due to novel coronavirus COVID-19 or also called SARS-CoV-2. Due to coronavirus pandemic, the world is facing the health crisis never seen ever before in global history. Looking at the market from demand perspective North America and Europe collectively contributed the largest share in the Global Personal Protective Equipment (PPE) market; whereas China majorly holds the largest share while estimating the global market from the supply side. Rising demand for personal protective equipment globally across other sectors such as construction, oil and gas, mining, telecom, and other industries would also have a positive growth impact on this market in the coming years. The Global Personal Protective Equipment (PPE) is changing due to the research and development in the manufacturing of PPE equipment & changing business outlooks due to advanced technological innovation. The major focus is on worker's safety and changing workplace gives the growth opportunities to this market.
Owing to the large investment in commercial and residential real estate in developing countries, the demand for personal protective equipment (PPE) has been rising rapidly. It is the industry where workers work on major construction sites like skyscrapers, steep roofs, scaffolding and elevated work platforms depending on the type of structure which is risky. The opening of the foreign players in the developing country market gives rise to the exponential growth for personal protective equipment. Fall protective equipment has the major demand from the construction industry as well as climbers across the globe.
The global PPE market is segmented into by product type, by application and geography. Under the scope of the global PPE market by product type, the primary market segments covered are fall protection systems, protective clothing, protective communication, respiratory protection, head protection, eye & face protection, foot & leg protection, hand protection, and Others. Under the fall protection system, the sub-segments covered are safety nets, body belts, suspension belts, chest harness, and others; whereas, protective clothing includes heat & flame protection, chemical defensing, clean room clothing, mechanical protective clothing, limited general use, and Others. Hearing protection includes disposable, cap mounted and over the head; whereas respiratory protection includes air-purifying respirator and supplied air respirators. Type of foot and leg respirators include Rubber, Leather, PVC, Polyurethane, and Others.
Under the scope of hand protection, the sub-segments covered are hand sanitizer, disposable gloves, and durable gloves. Under the scope of disposable gloves, the market is categorized further by material and by type. Natural rubber, Nitrile gloves, Neoprene, Vinyl gloves, and Others are covered under by material; whereas, General purpose, Chemical handling, Sterile gloves, Surgical, and Others are covered under by type. By application, the market is segmented into Oil & Gas, Chemicals, Mining, Construction, Manufacturing, Food, Transportation, Pharmaceuticals and Others.
In the mining industry, workplace challenges such as abrasions, hand cutting, suffocation, a sudden outbreak of poisonous gases in oil & gas mining inevitably enhance the demand for hand protection equipment, head protection equipment, eye protection equipment &body suits for the particular workplace. Sudden occurrence of natural calamity or major mishaps in the chemical industries & general industries boosts the demand for personal protective equipment in many ways. However, the lack of awareness and low-quality products hampers the market growth. However, stringent regulatory norms form the government and the higher compliance norms from the manufacturers are anticipated to further boost the growth of this industry.
By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, Africa and the Rest of the World (RoW). North America includes the U.S., Canada, and Mexico; while Europe includes Germany, France, Spain, Russia, the UK, Italy and the rest of Europe. China, Japan, Australia, Singapore, Indonesia, India, South Korea are covered under the Asia-Pacific. The rest of the world covers South & Central America, Africa, and the Middle East. Iran has been covered individually across the idle East under the scope of the study due to a huge upsurge in demand for personal protective equipment in the country this year.
The scope of the report covers an in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as across sectional analysis of the segments including the geographies and its countries. The market has been analyzed both from demand as well as supply-side to comer to an accurate scenario. Product across application and application across geographies has been mapped to provide you a precise competitive scenario to have a leading edge in the market.
Key market players of Global Personal Protective Equipment are Delta Plus, Honeywell, Uvex Safety, Gaojian, COFRA Holding AG, Kimberly- Clerk, Lakeland Industries Inc., EI DuPont De Nemours and Company and Ansell Limited, Dongya Gloves, Shenzhen VapeEZ Technology LTD, Rock Fall Ltd., 3M Company, MSA SAFETY, and others.
Highlights of the report
Scope of the Global Personal Protective Equipment Market