Global Personal Protective Equipment (PPE) Market 2020-2027 – PPE Demand in Transportation to Grow…

first_imgLocal NewsBusiness TAGS  WhatsApp By Digital AIM Web Support – February 8, 2021 Global Personal Protective Equipment (PPE) Market 2020-2027 – PPE Demand in Transportation to Grow at a CAGR of 7% – ResearchAndMarkets.com Facebook Twitter DUBLIN–(BUSINESS WIRE)–Feb 8, 2021– The “Personal Protective Equipment Market Size, Share & Trends Analysis Report by Product (Respiratory Protection, Hand Protection), by End-use (Healthcare, Manufacturing), by Region, and Segment Forecasts, 2020-2027” report has been added to ResearchAndMarkets.com’s offering. The global personal protective equipment market size is expected to reach USD 123.38 billion by 2027 registering a CAGR of 9.6%. Market Growth & Trends Increasing focus on employee safety, coupled with favorable occupational safety regulations, is expected to drive the market growth over the forecast period. Rapid industrialization across the globe, particularly in developing regions, is projected to aid the penetration of personal protective equipment (PPE) in various end-use industries. Manufacturers have been investing in R&D initiatives to develop advanced products that adhere to the regulatory standards and have low external limitations. Technological advancements, coupled with changing consumer trends, have led to a drastic change in manufacturing techniques to obtain superior-quality finished products. The industry has been witnessing a rising demand for high-performance & engineered multifunctional protective clothing. Moreover, the COVID-19 pandemic is expected to have a positive impact on the market due to the increasing demand for a wide range of PPE, such as gloves, masks, face shields, and coveralls, especially from the healthcare sector, to avoid the spread of the virus. Report HighlightsThe hand protection product segment accounted for the maximum revenue share of over 28% in 2019 on account of increasing demand for gloves in the oil & gas, construction, and metal fabrication industriesThe PPE demand in the transportation end-use segment is anticipated to grow at a CAGR of 7.0% from 2020 to 2027 due to the growing awareness about the risks involved in activities including manual freight handling and climbing on heights, such as truck topsThe PPE market in Europe accounted for the largest revenue share of more than 33% in 2019 and will expand further at a steady rate, due to stringent regulations, along with a rising number of occupational injuries and demand for high-utility protective equipmentThe market in India is likely to register a significant CAGR from 2020 to 2027 on account of growing concerns regarding high-risk activities in the construction and manufacturing industriesMarket participants focus on mergers & acquisitions to gain a higher market shareIn September 2020, Avon Rubber plc signed an agreement to acquire Team Wendy, LLC, a U.S.-based supplier of helmet liners & helmets, and retention systems for first responder and military markets Key Topics Covered: Chapter 1. Methodology and Scope Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights Chapter 3. Personal Protective Equipment Market Variables, Trends, & Scope 3.1. Market Segmentation & Scope 3.2. Penetration & Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Growing significance of private label brands 3.3.2. Growing preference for e-commerce 3.4. Technological Trends 3.5. Regulatory Framework 3.5.1. North America Regulations 3.5.2. Asia Pacific Regulations 3.5.3. European Regulations 3.6. Personal Protective Equipment Market-Market dynamics 3.6.1. Market Driver Analysis 3.6.1.1. Favorable occupational safety regulations 3.6.1.2. Growing importance of safety and security at workplaces 3.6.1.3. New manufacturing & construction projects in Asia Pacific & Middle East 3.6.2. Market Restraint Analysis 3.6.2.1. High raw material costs 3.6.2.2. Complex manufacturing methods 3.7. Business Environment Analysis: Personal Protective Equipment Market 3.7.1. Industry Analysis-Porter’s 3.7.2. PESTEL Analysis 3.8. Strategic Initiatives and Outcome Analysis 3.8.1. Mergers & Acquisitions 3.8.2. Joint Ventures/Partnership Chapter 4. COVID-19 Impact Analysis 4.1. COVID-19 Spread Globally 4.2. Impact of COVID-19 on Global GDP 4.3. Impact of COVID-19 on Personal Protective Equipment Market 4.4. Upside and Downside of the Pandemic 4.5. PPE Requirement Based on Exposure Risk Level 4.6. Regulatory Standards for PPE to be used during COVID-19 Chapter 5. Personal Protective Equipment Market: Product Estimates & Trend Analysis 5.1. Personal Protective Equipment Market: Product Movement Analysis, 2019 & 2027 5.2. Head, Eye & Face Protection 5.3. Hearing Protection 5.4. Protective Clothing 5.5. Respiratory Protection 5.6. Protective Footwear 5.7. Fall Protection 5.8. Hand Protection 5.9. Others Chapter 6. Personal Protective Equipment Market: End-use Estimates & Trend Analysis 6.1. Personal Protective Equipment Market: End-use Movement Analysis, 2019 & 2027 6.2. Construction 6.3. Manufacturing 6.4. Oil & Gas 6.5. Chemicals 6.6. Food 6.7. Pharmaceuticals 6.8. Healthcare 6.9. Transportation 6.10. Mining 6.11. Others Chapter 7. Personal Protective Equipment Market: Regional Estimates & Trend Analysis 7.1. Personal Protective Equipment Market: Regional Movement Analysis, 2019 & 2027 7.2. North America 7.3. Europe 7.4. Asia Pacific 7.5. Central & South America 7.6. Middle East 7.7. Africa Chapter 8. Personal Protective Equipment Market: Competitive Analysis 8.1. Key Players, Recent Developments & Their Impact on the Industry 8.2. Key Company/Competition Categorization 8.3. Vendor Landscape 8.4. Competitive Environment 8.5. Strategy Framework Chapter 9. Company Profiles 9.1. Honeywell International, Inc. 9.2. Lakeland Industries, Inc. 9.3. DuPont 9.4. 3M 9.5. Alpha Pro Tech Limited 9.6. Ansell Ltd. 9.7. Avon Rubber plc 9.8. COFRA S.r.l. 9.9. Oftenrich Holdings Company Limited 9.10. Uvex Safety Group 9.11. Rock Fall (U.K.) Limited 9.12. BartelsRieger Atemschutztechnik GmbH 9.13. Mine Safety Appliances (MSA) Company 9.14. Lindstrom Group 9.15. Mallcom (India) Ltd. 9.16. Radians, Inc. 9.17. Polison Corp. 9.18. Cigweld Pty. Ltd. 9.19. Gateway Safety, Inc. 9.20. Delta Plus Group For more information about this report visit https://www.researchandmarkets.com/r/c9n7ca View source version on businesswire.com:https://www.businesswire.com/news/home/20210208005306/en/ CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: MEDICAL SUPPLIES HEALTH SOURCE: Research and Markets Copyright Business Wire 2021. 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