Insights on the Global Personal Protective Equipment (PPE) Market in US 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio
Technavio has been monitoring the personal protective equipment (PPE) market in US and it is poised to grow by USD 8.67 billion during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
What was the value of the personal protective equipment (PPE) market in US in 2019?
Technavio says that the value of the market was at USD 18.66 billion in 2019 and it is projected to reach USD 34.37 billion by 2024.
At what rate is the market projected to grow during the forecast period 2020-2024?
Growing at a CAGR of almost 8%, the market growth will accelerate during the forecast period.
What is the key factor driving the market?
Demand for PPE from the manufacturing industry is one of the key factors driving the market growth.
Who are the top players in the market?
3M Co., Ansell Ltd., Chicago Protective Apparel Inc., Global Glove and Safety Manufacturing Inc., Honeywell International Inc., John Tillman Co., Magid Glove & Safety Manufacturing Co. LLC, MSA Safety Inc., Radians Inc., and SureWerx. are some of the major market participants.
What is the year-over-year growth rate of the global market?
The year-over-year growth rate for 2020 is estimated at 7.50%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Ansell Ltd., Chicago Protective Apparel Inc., Global Glove and Safety Manufacturing Inc., Honeywell International Inc., John Tillman Co., Magid Glove & Safety Manufacturing Co. LLC, MSA Safety Inc., Radians Inc., and SureWerx. are some of the major market participants. The demand for PPE from manufacturing industry will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Demand for PPE from manufacturing industry has been instrumental in driving the growth of the market.
Personal Protective Equipment (PPE) Market in US 2020-2024: Segmentation
Personal Protective Equipment (PPE) Market in US is segmented as below:
Personal Protective Equipment (PPE) Market in US 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our personal protective equipment (PPE) market in US report covers the following areas:
Personal Protective Equipment (PPE) Market in US size
Personal Protective Equipment (PPE) Market in US trends
Personal Protective Equipment (PPE) Market in US analysis
This study identifies the growth of the building and construction industry as one of the prime reasons driving the personal protective equipment (PPE) market growth in US during the next few years.
Personal Protective Equipment (PPE) Market in US 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the personal protective equipment (PPE) market in US, including some of the vendors such as 3M Co., Ansell Ltd., Chicago Protective Apparel Inc., Global Glove and Safety Manufacturing Inc., Honeywell International Inc., John Tillman Co., Magid Glove & Safety Manufacturing Co. LLC, MSA Safety Inc., Radians Inc., and SureWerx. Backed with competitive intelligence and benchmarking, our research reports on the personal protective equipment (PPE) market in US are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Personal Protective Equipment (PPE) Market in US 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist personal protective equipment (PPE) market growth in US during the next five years
Estimation of the personal protective equipment (PPE) market size in US and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the personal protective equipment (PPE) market in US
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of personal protective equipment (PPE) market vendors in US
Table of Contents:
Executive Summary
Market Overview
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Market segments
Comparison by Product placement
Hand and arm protection - Market size and forecast 2019-2024
Protective clothing - Market size and forecast 2019-2024
Foot and leg protection - Market size and forecast 2019-2024
Respiratory protection - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Product
Market Segmentation by End-user
Market segments
Comparison by End-user placement
Manufacturing - Market size and forecast 2019-2024
OGM - Market size and forecast 2019-2024
Construction - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by End-user
Customer Landscape
Overview
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
3M Co.
Ansell Ltd.
Chicago Protective Apparel Inc.
Global Glove and Safety Manufacturing Inc.
Honeywell International Inc.
John Tillman Co.
Magid Glove & Safety Manufacturing Co. LLC
MSA Safety Inc.
Radians Inc.
SureWerx
APPEndix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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.
Voxtur Analytics Corp. , a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market...
On April 19, 2024, the board of directors of Portland General Electric Company declared a quarterly common stock dividend of $0.50 per share, representing an increase of 5.3%, or $0.10 per share, on an annualized basis.
The company's dividend is...
Adyton Resources Corporation ("Adyton" or the "Company") announces it has closed its previously announced non-brokered private placement offering, pursuant to which it has issued 50,000,000 common shares of the Company ("Shares") at a price of...
Building on a successful phase one in which STChealth proved that the Universal Patient Identifier (UPI)?powered by Experian Health's Universal Identity Manager (UIM) and NCPDP Standardstm?can accurately identify patients across multiple datasets in...
Lion Group Holding Ltd. ("Lion" or "the Company") , the operator of an all-in-one trading platform that offers a wide spectrum of products and services, today announced that on April 18, 2024, it received a delinquency notification letter from the...
Cosmos Health Inc. ("Cosmos Health" or the "Company'') , a diversified, vertically integrated global healthcare group engaged in innovative R&D, owner of proprietary pharmaceutical and nutraceutical brands, manufacturer and distributor...