Personal Protective Equipment market size was valued at 55 billion USD in 2020 and is expected to grow at a rate of 9.5% CAGR during the forecast period. Personal Protection Equipment is a safety gear used to protect the user from the risk of biological infections and external injuries. PPE consists of an array of products to safeguard different parts of the body that can be exposed to infections, hazards and injuries. Personal protective equipment minimizes the impact of these hazards by acting as a barrier between the user and the working environment. The sudden outbreak of covid-19 in Wuhan, China in December 2019 and its subsequent spread across the globe is the major factor responsible for the rapid personal protective equipment market growth.
Market Dynamics and Factors:
The outbreak and spread of covid-19 pandemic across the globe created a huge demand for PPE kits in all major industries including healthcare. There has been a surging demand of masks, gloves, protective gowns, and respirators all over the world in order to prevent the spread of the virus. For instance, by April 2020, the total coronavirus cases topped 3.3 million as more than 86,037 more people contracted the infection in a single day. The death toll worldwide as of April stands at 233,830 and the number of recoveries at 1,039,061. Another major factor driving the personal protective equipment market is the lack of availability of quality PPE required to protect healthcare professionals from coming in contact with potential viruses in many developing and under-developed countries. Besides the need for PPE for healthcare professionals focusing on developing a vaccine for the deadly virus, there is also an urgent need for protective equipment manufacturers to develop and introduce safer and more cost-effective products in the market owing to the sheer rise in demand on a global scale.
Market segmentation
Global personal protective equipment market is segmented on the basis of product type, applications, and geography. On the basis of product type, the market is classified into Hand protective equipment that includes gloves; Head-Eye-Face protective equipment which includes face masks, goggles, helmets, and others; Respiratory protective equipment including respirators; Protective footwear; Fall protective equipments; and others. Based on applications, the PPE market can be segmented into hospitals, clinics, pharmaceuticals, manufacturing, chemicals, food, construction, and others. Geographically, the personal protective equipment market can be broadly segmented into regions comprising of North America, Asia Pacific, Europe, and ROW.
Geographic Analysis:
North America is expected to dominate the personal protective equipment market share in terms of revenue during the forecast period followed by Europe. For instance, according to worldometer data, nearly 80% of the coronavirus cases are from the U.S and Europe. The U.S accounts for more than 33% whereas Europe is the most affected continent. The presence of major PPE manufacturers in the region and an active role of the government and other regulatory bodies in the production and distribution of the equipments are the major factors attributing to the personal protective equipment market dominance of the regions. Asia Pacific is expected register highest growth in terms of revenue over the forecast period, owing to increasing need of personal protective equipment’s in manufacturing and construction industries across various countries in the region.
Competitive Analysis
The key players of personal protective equipment industry are Ноnеуwеll, 3М, DuРоnt, Drägеr, Мѕа Ѕаfеtу, Аnѕеll, Кіmbеrlу-Сlаrk, Dеltа Рluѕ, Рrоtесtіvе Іnduѕtrіаl Рrоduсtѕ, Моldех-Меtrіс, Аvоn Rubbеr, СОFRА, ЈАL Grоuр, Соrdоvа Ѕаfеtу Рrоduсtѕ, Lаkеlаnd Іnduѕtrіеѕ, Lіndѕtröm, Вullаrd, Оftеnrісh Grоuр, Wоѕhіnе Grоuр, Ѕhаnghаі Gаngkаі.
Personal Protective Equipment Market Report Scope
Report Attribute | Details |
Analysis Period | 2020–2030 |
Base Year | 2021 |
Forecast Period | 2022–2030 |
Market Size Estimation | Billion (USD) |
Growth Rate (CAGR%) | 9.5 % |
| By Product Type (Hand Protective, Protective Clothing, Head – Eye – Face Protective, Respiratory Protective, Protective Footwear, Fall Protective, and Others), By Applications (Hospitals, Clinics, Pharmaceuticals, Manufacturing, Construction, and Others) |
Geographical Segmentation | North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa) |
Key Companies Profiled | Ноnеуwеll, 3М, DuРоnt, Drägеr, Мѕа Ѕаfеtу, Аnѕеll, Кіmbеrlу-Сlаrk, Dеltа Рluѕ, Рrоtесtіvе Іnduѕtrіаl Рrоduсtѕ, Моldех-Меtrіс, Аvоn Rubbеr, СОFRА, ЈАL Grоuр, Соrdоvа Ѕаfеtу Рrоduсtѕ, Lаkеlаnd Іnduѕtrіеѕ, Lіndѕtröm, Вullаrd, Оftеnrісh Grоuр, Wоѕhіnе Grоuр, Ѕhаnghаі Gаngkаі. |