Global Personal Protective Equipment Market predictable to reach USD 72.1 billion by 2026, at a CAGR of 7.3 %
The Global PersonalProtective Equipment Market was prized at USD 44.0 billion in 2019, and it is predictable to reach USD 72.1 billion by 2026, at a CAGR of 7.3%, over the forecast period.
Personal Protective Equipment is a security gear that defends the user beside injury dangers at workplace. Personal Protective Equipment contains of range of products eminent to protect different parts of human body that are unprotected to thoughtful injuries at workplace. Employers are vigorously looking for Personal Protective Equipment for their employees as it aids them to protect extra expenditures on lost manufacture time, workers recompense and medical expenditures. Workers can bear wounds from contact with physical, radiological, electrical, chemical, mechanical or other workplace hazards.
Europe has been the leading consumer of Personal Protective Equipment Market and is predictable to see cognitive development over the prediction period. There has been a rising need for extremely real wear-and-tear-hardy and high-utility personal protective equipment in most core industries such as metal manufacturing, purifying, oil and gas, automotive. This, coupled with the increasing number of occupational injuries, is expected to augment the acceptance of personal protective equipment in the area over the prediction period.
The rising number of manufacturing mortalities in developing economies of Asia Pacific, due to lack of appropriate protective gear and low consciousness regarding employee safety is expected to push market growth. Besides, technological novelty and changing consumer preference for personal protective equipment that syndicates safety and fashion are predictable to supplement market growth.
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Increasing blue-collar workforce in line with growing number of construction and manufacturing projects is expected to inevitably raise the risk of occupational hazards. This has compelled companies to increase the level of awareness pertaining to health hazards and adhere to occupational health and safety regulations. This is projected to spur the demand for personal protective equipment over the forecast period.
Europe has been the leading consumer of PPE and is predictable to see cognitive development over the prediction period. There has been a rising need for extremely real wear-and-tear-hardy and high-utility personal protective equipment in most core industries such as metal manufacturing, purifying, oil and gas, automotive. This, coupled with the increasing number of occupational injuries, is expected to augment the acceptance of personal protective equipment in the area over the prediction period.
Some of the leading players operating in the global personal equipment safety market are 3M Co. (US), MSA Safety Inc. (US), Ansell Limited (US), Honeywell International Inc. (US), E I DuPont de Nemours and Co. (US), Kimberly-Clark Corporation (US), Lakeland Industries, Inc. (US), Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), and Radians, Inc. (US), among others.