Personal Protective Equipment Industry Overview
The global personal protective equipment market size was valued at USD 77.36 billion in 2020 and is expected to reach USD 112.07 billion by 2028, registering compound annual growth rate (CAGR) of 7.3% during the forecast period.
Increasing awareness regarding hygiene to avoid transmission of pathogens in healthcare facilities is expected to drive the demand for personal protective equipment (PPE) over the forecast period. Various countries implemented strict acts due to the Covid-19, such as the Families First Coronavirus Response Act by the U.S. for protecting public health workers, establishing free testing, providing paid leaves, and important benefits to children and families, in 2020 to curb the spread. Increasing domestic production coupled with restraints on the product imports and exports surged the PPE demand in 2020.
Gather more insights about the market drivers, restrains and growth of the Global Personal Protective Equipment Market
The stringent regulations imposed by the U.S. Department of Labor and Occupational Safety and Health Administration (OSHA) in the U.S. have a positive impact on product demand from the end-use industries in the country. In addition, the growing employee awareness related to personal safety has a significant influence on the increased penetration of PPE in the U.S.
Constant innovations, such as the development of lighter and comfortable industrial protective equipment using premium-quality fabric, are projected to propel market growth. Demand for protective equipment, which combines safety with improved aesthetics and technological innovation is further estimated to augment market growth.
Factors, such as improved technical support and increasing awareness of the price-performance ratio of products, are expected to favor private-label product manufacturing. Rising contract-based manufacturing of PPE designed according to distributor specifications, primarily in developed economies of North America and Western Europe, has a major impact on driving the product demand.
The companies operating in the textile industry across the Asian countries have altered their apparel manufacturing plants to PPE manufacturing post-outbreak of the Covid-19 to bridge the demand-supply gap. China is the largest exporter of PPE, such as masks, goggles, protective gowns, and gloves; however, its exports reduced by around 15% post the origination of the pandemic.
Personal Protective Equipment Market Segmentation
Based on the Product Insights, the market is segmented into Head, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection and Others
The hand protection product segment accounted for the largest revenue share of over 28% in 2020 and is expected to grow at a steady CAGR during the forecast period.
Protective clothing, including heat & flame protection, chemical defending, cleanroom clothing, and mechanical protective clothing, is the second-largest product segment.
Protective footwear accounted for a significant market share and is expected to witness a CAGR of 6.8% over the forecast period owing to high product demand as a result of the increasing workplace fatalities.
The respiratory protective equipment protects employees against hazardous gases and vapors, particulates, chemical agents, radiological particles, and biological contaminants.
Based on the End-use Insights, the market is segmented into Construction, Manufacturing, Oil & Gas, Chemicals, Food, Pharmaceuticals, Healthcare, Transportation, Mining and Others
The healthcare end-use segment led the market in 2020 accounting for the highest revenue share of over 29%. The segment will retain its dominance growing at the fastest CAGR over the forecast period.
U.S. Food & Drug Administration (FDA) has issued an enforcement policy for gowns and other apparel to expand the availability of critical protective clothing for healthcare workers during the pandemic.
The oil & gas industry accounted for a significant share, in terms of revenue, and is expected to witness steady growth over the projected period owing to high accident risk in upstream and midstream activities in the industry.
Growth in the food & beverage sector across the globe is projected to drive the product demand over the forecast period.
Based on the Regional Insights, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific is expected to emerge as the fastest-growing regional market at a CAGR of 8.3% over the forecast period on account of economic growth and rapid industrialization across the region.
Led by the U.S., North America accounted for the largest revenue share of over 33% in the global market in 2020 owing to developed end-use industries along with high product adoption in the healthcare sector.
The upgrading of the public healthcare system and infrastructure, coupled with investments in new facilities, are part of the reform plan in Russia.
Browse through Grand View Research’s Smart Textiles Industry Research Reports.
Surgical Masks Market – The global surgical masks market size was estimated at USD 3.9 billion in 2020 and is expected to expand at a compounded annual growth rate (CAGR) of 10.5% from 2019 to 2028. The growth of the market is expected to be driven by improved healthcare expenditure as well as the increasing significance of respiratory protection in the healthcare industry, particularly during the COVID-19 pandemic.
Respiratory Protective Equipment Market – The global respiratory protective equipment market size was valued at USD 22.72 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2022 to 2030. The growing awareness about worker safety and stringent government regulations are expected to have a positive impact on the industry’s growth.
Market Share Insights:
January 2020: Medline Canada, a subsidiary of Medline Industries, Inc., completed the acquisition of Médi-Sélect, a Canada-based distributor of dental and medical supplies.
Key Companies Profile:
Product prices for the above-the-neck PPE market are expected to marginally increase over the forecast period primarily due to the addition of value-added features.
Some prominent players in the global personal protective equipment market include
Honeywell International, Inc.
Lakeland Industries, Inc.
Avon Rubber plc
Uvex Safety Group
BartelsRieger Atemschutztechnik GmbH
Rock Fall (U.K.) Ltd.
Mine Safety Appliances (MSA) Company
Gateway Safety, Inc.
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