Le Lézard
Classified in: Ebola virus, Health, Covid-19 virus
Subject: MRR

Personal protective equipment (PPE) market is to grow at a CAGR of 7.26% from 2021 to 2026|3M Co., Alpha Pro Tech Ltd., Ansell Ltd., and more to emerge as key players -Technavio


NEW YORK, July 18, 2023 /PRNewswire/ -- The personal protective equipment (PPE) market share is expected to increase by USD 26.16 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.26% according to Technavio.The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including 3M Co., Alpha Pro Tech Ltd., Ansell Ltd., Bunzl Plc, Delta Plus Group, eAccess Solutions Inc., Kimberly Clark Corp., Lakeland Industries Inc., Magid Glove and Safety Manufacturing Co. LLC, Mallcom India Ltd., Moldex-Metric Inc., MSA Safety Inc., Protective Industrial Products Inc., Radians Inc., Rock Fall UK Ltd, Saf-T-Gard International Inc., TKH Group NV, uvex group, W.W. Grainger Inc., DuPont de Nemours Inc, and Midas Safety Inc. Download a Sample Report Now!

Personal Protective Equipment (PPE) Market Insights -

To understand more about the information services market, request a sample report

Personal protective equipment (PPE) market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines ?

Key Driver - One of the key factors driving growth in the personal protective equipment (PPE) market is the increasing incidence and prevalence of infectious biological hazards. The main sources of biological hazards are viruses, bacteria, plants, animals, birds, and humans. Due to the increasing outbreak of various infectious diseases, especially respiratory diseases such as coronavirus disease (COVID-19), severe acute respiratory syndrome SARS severe, Ebola virus disease, and Middle East respiratory syndrome, rising the demand for devices to protect against mortality from these diseases. The demand for PPE, such as respiratory masks is increasing due to the demand for devices to save and protect the lives of people suffering from contagious and infectious diseases. Implementation and adoption of medical infection control programs and practices are recommended to prevent HAIs. Moreover, to reduce occupational infection transmissions, it is essential for healthcare professionals to use personal protective equipment (PPE), including gloves, gowns, face masks, protective eyewear, and face shields. Hence, the rising outbreak of infectious and contagious diseases across the globe is boosting the growth of the personal protective equipment (PPE) market.

Leading Trend - The growing distribution through retail and online channels is a primary trend in the personal protective equipment (PPE) market. Manufacturers and market players are focusing on growing the distribution of PPE through both direct sales as well as online and offline channels. Rising promotion and marketing activities on online platforms are enabling vendors to offer users better access to their products. Online marketing helps these vendors in reducing costs, including the distribution, setup, and operational costs, for personal protective equipment (PPE). Many e-commerce platforms including Amazon, IndiaMART, MedicalExpo, and Alibaba, sell PPE across different regions. Sales and discounts offered by online retailers when purchasing respiratory masks can also increase demand by end-users and the number of online purchases. Sales of PPE used by healthcare professionals through retail marketing that meet their immediate needs are expected to fuel the growth opportunities for the PPE market. Factors such as few chances of buying defective products, minimum issues related to fixation, and ease of purchasing are spurring the sales of PPE through retail stores as well as online channels. Hence, such factors will drive the growth of the personal protective equipment (PPE) market during the forecast period.

Significant challenge - Low consumer compliance will be a major challenge for the personal protective equipment (PPE) market during the forecast period. Safety eyewear is the category of personal protective equipment that challenges the market players many times, in terms of compliance. Comfort and fit issues vary from consumer to consumer, contributing to poor wearer compliance. Moreover,style-conscious wearers may become non-compliant if the design is unattractive. The lack of comfort and fit, and the resulting non-compliance by consumers, remain a major concern for employers, especially in developed regions owing to stringent health and safety regulations. In addition, employers in these regions not only suffer financial losses when their employees are injured but also face legal problems. In contrast, vendors in developing markets face the challenge of low adoption of personal protective equipment as employee safety regulations are often not enforced. Thus, these safety regulations will impede the growth of the personal protective equipment (PPE) market during the forecast period.

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The personal protective equipment (PPE) market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why Buy?

Grow your profit margin with Technavio- Buy the Report

What are the key data covered in this Personal Protective Equipment (PPE) Market report?

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports: 

The smart personal protective equipment (PPE) market is estimated to grow at a CAGR of 17.48% between 2022 and 2027. The size of the market is forecast to increase by USD 4,958.49 million. Furthermore, this report extensively covers market segmentation by end-user (firefighting industry, oil and gas industry, mining industry, construction industry, and others), product (protective clothing, HE&F protection, hand and arm protection, foot and leg protection, and respiratory protection), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The risks of physical injuries in labor-intensive industries are notably driving market growth during the forecast period.

The law enforcement personal protective equipment market share is expected to increase by USD 1.89 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 9.57%. Furthermore, this report extensively covers law enforcement personal protective equipment market segmentation by product (protective clothing, hand protection, respiratory protection, and others) and geography (North America, Europe, APAC, MEA, and South America). The increasing incidence and prevalence of infectious biological hazards is notable driving the law enforcement personal protective equipment market growth during the forecast period.

Personal Protective Equipment (PPE) Market Scope

Report Coverage

Details

Base year

2021

Historic period

2017-2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.26%

Market growth 2022-2026

USD 26.16 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.12

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 32%

Key countries

US, Canada, Germany, UK, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3M Co., Alpha Pro Tech Ltd., Ansell Ltd., Bunzl Plc, Delta Plus Group, eAccess Solutions Inc., Kimberly Clark Corp., Lakeland Industries Inc., Magid Glove and Safety Manufacturing Co. LLC, Mallcom India Ltd., Moldex-Metric Inc., MSA Safety Inc., Protective Industrial Products Inc., Radians Inc., Rock Fall UK Ltd, Saf-T-Gard International Inc., TKH Group NV, uvex group, W.W. Grainger Inc., DuPont de Nemours Inc, and Midas Safety Inc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by End-user

7 Customer Landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio


These press releases may also interest you

21 mar 2019
The "Europe Welding Equipment Market-Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering. Welding is one of the critical processes employed in the manufacturing...

21 mar 2019
Inovio Pharmaceuticals, Inc. announced today that its Ebola vaccine, INO-4201, was safe, tolerable, and generated strong T cell and antibody responses. This Phase 1 data was published in The Journal of Infectious Diseases and further supports the...

20 mar 2019
Merck , known as MSD outside the United States and Canada, and NGM Biopharmaceuticals, Inc. (NGM) today announced that Merck has exercised its option to extend the research phase of the companies' broad, strategic collaboration...

20 mar 2019
The shareholders in Sandvik Aktiebolag are convened to the Annual General Meeting to be held on Monday, 29 April 2019 at 3:00 p.m. at the Göransson Arena, Sätragatan 21, Sandviken, Sweden. RIGHT TO PARTICIPATE AND NOTICE Shareholders who wish to...

20 mar 2019
The Oslo Business for Peace Award is given to inspiring business leaders who have put society first. 2019's winners are: Dr Agbor Ashumanyi Ako, medical director of GiftedMom, Alice Laugher, CEO of Committed to...

19 mar 2019
The evolving competitive market has made it essential for the telecommunication industry to rethink traditional ways of doing business in terms of the impact on business models, service portfolios and technical architectures. Digital business support...



News published on and distributed by: