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Personal Protective Equipment Market

Hand & Arm Protection to Constitute 1/4th of Personal Protective Equipment Demand: Fact.MR Study

Published : 17 Sep 2021 Industry: Industrial Goods

Fact.MR’s report predicts the global personal protective equipment to exceed market revenue of US$ 99.09 Bn by registering a positive CAGR of 6.2% through the forecast period 2021-2031. Safety concerns at hazardous work places is boosting the demand for personal protective equipment. 

Historically, between 2016 and 2020, the sales of personal protective equipment surpassed a market value of US$ 51.13 Bn by the end of the aforementioned period. Amidst the COVID-19 pandemic, demand for PPE skyrockets, leading to significant supply crunches. However, manufacturers eventually overcame this shortage, enlisting assistance of leading international organizations, including the U.N, to streamline PPE products availability.

Manufacturers are focusing on collaboration and sharing information on developing effective PPE kits. In addition, the demand from end user industries for specific product type such as hand and arm protection and eye protection is influencing the market positively.  

Key Takeaways from the Market Study

  • By product type, hand and arm protection kits expected to hold 1/4th of the global market revenue
  • Personal protective equipment industry expected to hold 29% of total market value share throughout North America
  • East Asia & South Asia to be opportunistic markets, registering CAGRs of 6% & 7% respectively
  • Pharmaceuticals to emerge as the primary end use industry, capturing 30% of global demand

 “Tightening of regulations regarding workplace safety across key industries such as pharmaceuticals, manufacturing and oil & gas exploration has spurred demand for personal protective equipment in recent years,” says a Fact.MR analyst.

Competitive Landscape

Prominent companies operating in this space include Honeywell International, 3M Company, E. I. du Pont de Nemours and Company, Kimberly-Clark Corporation, Ansell Limited, MSA Safety Inc., Lakeland Industries Inc., Alpha Pro Tech Ltd, Sioen Industries NV, Radians Inc., Avon Rubber P.L.C, Alpha Pro Tech Limited, JAL Group Italia SRL, COFRA SRL, Uvex Safety Group, Rock Fall (UK) Limited, Lindstrom Group, Mine Safety Appliances (MSA) Company, Mallcom (India) Ltd., Lindstrom Group and Polison Corp. among others.

  • In August 2020, Ansell Limited provided detailed toolkit to help other manufacturers to produce protective clothing.
  • In January 2021, MSA Safety Inc acquired U.K. based Bristol Uniforms. The acquisition has strengthened MSA Safety Inc’s position as a global leader in fire service PPE products.

More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the global personal protective equipment system market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.

The study indulges essential insights on the market on the basis of type (head protection, hands & arm protection, foot and leg protection, eye and face protection, hearing protection and body protection), and end use industry (construction, manufacturing, oil & gas, chemicals, food, pharmaceuticals, transportation, maritime, fire and rescue, defense, mining and agriculture) across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa).

About the Industrial Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Industrial team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over thousand reports and 1 million-plus data points, the team has analyzed the industrial industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

For more information, refer to our market research report or contact the PR author.

Shubham Patidar

Fact.MR

Consultant - Industrial Goods and Automotive

E-mail: Shubham@factmr.com

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Personal Protective Equipment Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2021 to 2031