Personal Protective Equipment Market

Updated on : October 25, 2024

Personal Protective Equipment Market

The global personal protective equipment market was valued at USD 54.0 billion in 2023 and is projected to reach USD 69.4 billion by 2028, growing at 5.1% cagr from 2023 to 2028. The rising awareness about importance of workplace safety is a pivotal driver in personal protective equipment market, particularly in the context of manufacturing, healthcare, and construction industry. Personal protective equipmentrefers to specialized clothes or equipment meant to protect individuals from numerous health and safety threats in the workplace or other places. PPE is critical for reducing exposure to a variety of dangers, including physical, chemical, biological, a radioactive substance and psychological concerns. These safety requirement trend is further propelling the personal protective equipment.

Personal Protective Equipment Market Size, Forecast & Trends

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Personal Protective Equipment Market Dynamics

Driver: Rising awareness about importance of workplace safety

Personal protective equipment conserve workers from workplace injuries and hazards. Instances of non-compliance in the application of personal protective equipment are rising. According to OSHA, workplace injuries have witnessed an increase each year in the US. OSHA reported that workplace eye injury costs an estimated about USD 300 million per year in lost productivity, medical treatment, and worker compensation. The increased emphasis on the necessity of safeguarding the safety and well-being of workers in many industries has been an important driver in the context of the Personal Protective Equipment market. This increased awareness has resulted in an increase in demand for personal protective equipment goods meant to safeguard individuals from occupational risks, which has had a significant impact on the PPE market.

Restraints: Increased automation in end-use industries

The growth of the personal protective equipment market is reliant on the growth of employment in various end-use industries. Automation frequently leads to fewer human workers in manufacturing and other industries. Since there are less employees, traditional personal protective equipment, such as gloves and protective clothes, maybe in reduced demand. In a national survey by the Pew Research Center, 65.0% of Americans expect that much of the work currently done by humans is expected to be done by robots or computers within 50 years. Increasing automation in industries is reducing workforce requirements in industries. Hence, the decrease in the number of workers in an industry is expected to have a negative impact on the personal protective equipment industry.

Opportunities: Growing healthcare industry in emerging economies

The growing healthcare industry in emerging economies presents a significant opportunity in the context of the personal protective equipment market. Emerging economies, such as those in Asia, Africa, and South America, have seen rapid growth in their healthcare industries. Moreover, Increased healthcare spending, expanded infrastructure, and a stronger emphasis on safety and infection control in these countries are driving demand for global safety products (personal protective equipment products), creating an upbeat future for personal protective equipment makers and investors.

Challenges: Increased comfort along with functionality

One of the major challenges for personal protective equipment manufacturers is to provide comfortable and multi-functional personal protective equipment. While the primary goal of personal protective equipment is to protect individuals from numerous industrial hazards, the issue is to balance this protection with the comfort and usefulness of the gear. This problem is exacerbated in businesses where workers are compelled to wear personal protective equipment for extended periods of time, typically in hazardous environments. Moreover, innovations in ppe materials and design have been pivotal in addressing this challenge.

Personal Protective Equipment Market Ecosystem

Prominent companies in this market include well-established personal protective equipment manufacturers. These businesses have been in ppe business for a while and have an extensive range of personal safety products, pioneering technologies, and strong international ppe sales and marketing networks. Top companies in this market include Honeywell International Inc. (US), DuPont de Nemours, Inc. (US), 3M Company (US), Ansell Limited (Australia), Kimberly-Clark Corporation (US), Lakeland Industries, Inc. (US), Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), Radians Inc. (US), and MSA Safety Inc. (US).

Based on type, protective clothing is a second largest market for personal protective equipment, in terms of value, in 2022.

The relevance of protective gear in protecting individuals from a wide range of hazards, including chemical, biological, radiological, and physical risks, is becoming more widely recognized. The importance of protective clothes for healthcare personnel and the public has been highlighted by situations like the COVID-19 epidemic. Protective apparel is used in a variety of industries for a variety of purposes. Flame-resistant clothes for oil and gas workers, high-visibility clothing for construction and transportation workers, chemical-resistant suits for laboratory and industrial employees and cleanroom suits for pharmaceutical and electronics manufacturers are just a few examples. Additionally, the growing global population and expanding labor force in various industries require a larger supply of personal protective clothing and equipment to ensure worker safety. This demographic factor contributes to the segment's growth.

Based on end-use industry, manufacturing is estimated to be the largest market segment for personal protective equipment market, in terms of value, in 2022.

Many countries were recovering economically from the COVID-19 pandemic, resulting in restored manufacturing activity, which would fuel demand for personal protective equipment to safeguard the expanding workforce. Moreover, Workers' safety has become increasingly important in the manufacturing sector, not only to protect employees but also to boost productivity, reduce absences, and lower insurance and compensation costs. Furthermore, the commercial industry has focused on ethical practices and ergonomic designs in personal protective equipment, ensuring that workers' protection is both environmentally friendly and comfortable.

“North America is estimated to be the largest region in personal protective equipment market in 2022, in terms of value”

North America has some of the world's strongest safety regulations. Companies are obligated by these requirements to supply their employees with the proper personal protective equipment to protect them against risks. Employers and employees in North America are usually aware of the significance of safety. Furthermore, smart personal protective equipment incorporates sensors and other technology to monitor the user's health and safety. Smart personal protective equipment is gaining popularity in North America since it can help to prevent accidents and injuries. Moreover, the healthcare sector is a major consumer of personal protective equipment in North America. The aging of the North American population is increasing the need for healthcare services. Overall, the North American personal protective equipment market is expanding significantly, with the healthcare sector serving as the key driver. Stringent safety laws, increased demand from the healthcare sector, and rising safety awareness are all driving growth in the North American personal protective equipment market.

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Personal Protective Equipment Market Players

The key players profiled in the report include Honeywell International Inc. (US), DuPont de Nemours, Inc. (US), 3M Company (US), Ansell Limited (Australia), Kimberly-Clark Corporation (US) among others, are the key manufacturers that holds major market share in the last few years. A major focus was given to collaborations, partnerships, and new product development due to the changing requirements of users across the world.

Read More: Personal Protective Equipment Companies

Personal Protective Equipment Market Report Scope

This report categorizes the global personal protective equipment market based on type, end-use industry, and region.

Based on type, the personal protective equipment market has been segmented as follows:

• Hands & Arm Protection
• Disposable Gloves
• Reusable Gloves
• Others
• Protective Clothing
• Disposable Protective Clothing
• Reusable Protective Clothing
• Foot & Leg Protection
• Respiratory Protection
• Disposable Face mask
• Reusable Face Mask
• Others
• Eye & Face Protection
• Head Protection
• Others
• Hearing Protection
• Fall Protection

Based on end-use industry, the personal protective equipment market has been segmented as follows:

• Manufacturing
• Construction
• Oil & Gas
• Healthcare
• Transportation
• Firefighting
• Food
• Others
• Law Enforcement
• Utilities
• Mining
• Military
• Sports

Based on region, the personal protective equipment market has been segmented as follows:

• North America
• Asia Pacific
• Europe
• Middle East & Arica
• South America

Recent Developments

• In 2022, Honeywell International Inc. announced a commercial partnership with AstraZeneca to develop next-generation respiratory inhalers that use near-zero global warming potential (GWP) propellants to treat asthma and chronic obstructive pulmonary disease (COPD).
• In 2020, 3M Company expanded its business by increasing its monthly production rate of N95 respirators from thirty-five million respirators to more than ninety-five million respirators as ordered by the US Department of Defense due to the COVID-19 crisis. This will help the company to fulfill the increasing demand for the N95 respirators.
• In 2020, DuPont de Nemours, Inc. announced a partnership with Merrow (US) to supply Tyvek material to Merrow for the manufacture of isolation gowns made with Tyvek 1222A as part of the #TyvekTogether program. This partnership will help the company to diversify its product material.

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