Personal Protective Equipment Market Worth $131.18 Billion By 2030

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The global personal protective equipment market size is expected to reach USD 131.18 billion by 2030, registering a CAGR of 6.7% according to a new report by Grand View Research, Inc. The global personal protective equipment market is significantly driven by increasing spending on worker safety and protective products coupled with rising awareness about the stringent safety rules and regulations.

The COVID-19 outbreak had a positive impact on the growth of the personal protective equipment market. The market was is significantly attributed to the high demand for protective equipment to protect against COVID-19 infection in 2020. Over the forecast period, market growth is expected to witness steady growth attributed to the increasing use in various industries.

The increasing awareness among industry participants regarding the importance of worker safety and security at workplaces on account of the stringent regulations and high costs associated with workplace hazards is anticipated to drive market growth. Particularly, rising awareness and new rules and regulations in Asia Pacific are likely to fuel the market growth over the forecast period.

The increasing rate of fatalities at the workplace has imposed workers to use personal protective equipment to ensure the safety of the individuals. Furthermore, the increasing number of the blue-collar workforce across numerous R&D establishments and production factories is expected to fuel PPE demand over the forecast period.

Government regulations compel the use of protective equipment for workers in end-use industries such as oil and gas, mining, and construction. Work safety regulations play a major role in driving the personal protective equipment market. Mandated policies by agencies for companies to maintain worker safety in industries are anticipated to drive demand for personal protective equipment.

Companies such as DuPont and 3M are undertaking expansion strategies to strengthen their product portfolio and market share. In May 2022, 3M announced expanding production for personal protective equipment such as respiratory and hearing protection products. This expansion will allow 3M to increase investment to meet the unmatched demand for PPE.


Personal Protective Equipment Market Segmentation

Grand View Research has segmented the global personal protective equipment market based on product, end-use, and region:


Based on the Product, the market is segmented into Head Protection, Eye Protection, Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection, and Others.

  • Personal protective glovesare worn to protect hands from injuries from abrasions, cuts, burns, and reactions to chemicals. Health risks linked with hazardous chemicals, heavy-duty equipment, and handling hot objects are likely to facilitate demand for protective gloves in various industries such as construction, food processing, oil & gas, healthcare, and metal fabrication.
  • The head protection segment is expected to witness a CAGR of 7.6% during the forecast period due to rising fatalities in the workplace and high product demand. Growing awareness of workers’ safety and health in addition to rising industrial fatalities mainly in developing economies owing to lack of head protection is anticipated to steer the market growth over the forecast period.


Based on the End-use, the market is segmented into Construction, Manufacturing, Oil & Gas, Chemicals, Food, Pharmaceuticals, Healthcare, Transportation, Mining, and Others.

  • The construction industry is expected to expand at a CAGR of 8.1% over the forecast period. The construction industry is expected to grow at a steady rate owing to heightened construction activities. Private and public construction projects such as educational buildings, transportation, residential housing, etc. are likely to have a positive impact on the market growth over the forecast period.
  • Across the U.S. various efforts are underway to improve the resilience of the supply chain of PPE. Such strategies are broadly classified into three types: increasing domestic production, storage, and supply chain monitoring. Furthermore, the U.S. FDA has issued an enforcement mandate to increase the accessibility of PPE for healthcare workers. This is expected to fuel the growth of the healthcare personal protective equipment marketin the coming years.

 

Key Companies & Market Share Insights

Key players actively focus on product innovation, joint ventures, mergers, and acquisitions. Innovations in design, materials, and manufacturing processes that increase the quality of the product, led to an increase in demand for PPE. For instance, in November 2022, healthcare company Vizient and SafeSource Direct, LLC entered into an agreement for chemo-rated nitrile gloves. The agreement allows Vizient to facilitate supply chain assurance for medical supplies including medical gloves.

Strict regulations and greater awareness of the significance of protecting people at work have boosted demand for some forms of PPE in recent years. In addition, rising management executive concerns toward employee health and safety coupled with rising COVID-19 cases led to an increase in demand for personal protective equipment. Some of the prominent players in the global personal protective equipment market include:

  • Honeywell International Inc.
  • Lakeland Industries Inc.
  • DuPont
  • 3M
  • Ansell Ltd.
  • Avon Rubber plc
  • COFRA S.r.l.
  • FallTech
  • Alpha Pro Tech Limited
  • Mine Safety Appliances (MSA) Company
  • Lindstrom Group
  • Mallcom (India) Ltd.
  • Radians, Inc.
  • Polison Corp.
  • Delta Plus Group

 

Order a free sample PDF of the Personal Protective Equipment Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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