Personal Protective Equipment (PPE) Market Size Estimated To Reach at USD 81.35 billion in 2026 :Polaris Market Research

Personal Protective Equipment Market expected to grow from USD 44.10 billion in 2017 to USD 81.35 billion by 2026, at a CAGR of 8.3% during the forecast period.

BROOKLYN, NY, UNITED STATES, February 7, 2018 /EINPresswire.com/ -- According to a study published by Polaris Market Research Global Personal Protective Equipment (PPE) Market generated USD 44.10 billion in 2017 and is anticipated to grow at a CAGR of 8.3% during the forecast period.

Personal Protection Equipment comprises clothing and equipment that are worn to ensure safety of workers from any serious injuries and illness due to contact with chemical, mechanical, radiological, and electrical, among others workplace hazards. PPE usually includes protective clothing, safety shoes, helmets, wearable glasses, gloves, vests, and face shields, among others. The market products can be categorized into eye protection, hand protection, head protection, hearing protection, fall protection, protective clothing, professional footwear, and respiratory protection, among other safety equipment.

PPE acts as the last line of defence after administrative controls, engineering controls, and work practices. Each of these practices has different functions to perform. For instance, Engineering controls facilitate the physical modification of machines or work environment. Work practices offers training to the workers about the code of conduct at the facilities, and how to minimize risk from hazardous exposure. While, administrative controls involve roster scheduling to lessen exposures.

Personal Protection Equipment (PPE) has application in a large number of industries. However, presently construction industry finds the highest application, owing to the increasing construction activities especially in the developing nations. Transportation and manufacturing industries are expected to find highest application. This can be attributed largely to the government initiatives taken to promote these industries, especially in emerging nations such as India and China. For instance, Government of India (GOI) has made significant investments to promote “Make in India” project wherein they are encouraging manufacturing companies to start production in India. This in return is anticipated to promote demand for PPE.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Personal Protective Equipment (PPE) Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

Competitive Landscape and Key Vendors

The global personal protection equipment (PPE) market is characterized by the presence of a large number of market players, but only few players offering broad range of safety products. The market comprises participant ranging from small to large companies, where small players are observed offering limited variety or range of products. While, large multinational companies are providing a wide variety of sophisticated products. Large multinational companies face competition from regional or local manufacturer who have cost advantages.

The market participants fight primarily on the basis of brand name, cost, support services, and product features such as technology, design, performance, functionality, and agency approvals.

Leading companies are observed undertaking strategic initiatives, wherein they are observed acquiring other companies to enhance their product portfolio and expand their global presence. The leading companies profiled in the report include MSA Safety Inc., Ansell Ltd., 3M Corporation, Alpha Pro. Tech, Ltd., Rock Fall Ltd., and Honeywell International Inc., among others.
 
Key Segments

Chapter - 1. Product Type

1.1 Eye Protection
1.2 Hand Protection
1.3 Head Protection
1.4 Hearing Protection
1.4 Fall Protection
1.6 Protective Clothing
1.7 Professional Footwear
1.8 Respiratory Protection

Chapter - 2. Application

2.1 Construction
2.2 Manufacturing
2.3 Oil & Gas
2.4 Chemicals
2.5 Food & Beverages
2.6 Healthcare
2.7 Transportation
2.8 Others

Chapter - 3. Application

3.1 Dietary Supplements
3.2 Animal Feed
3.3 Food & Beverage

Chapter - 4. Region

4.1 North America

4.1.1 U.S.
4.1.2 Canada

4.2 Europe

4.2.1 Germany
4.2.2 UK
4.2.3 France

4.3 Asia-Pacific

4.3.1 China
4.3.2 India
4.3.3 Japan
4.3.4 Rest of Asia-Pacific

4.4 Latin America

4.4.1 Brazil
4.4.2 Mexico

4.5 Middle East and Africa

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Neel
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