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Personal Protective Equipment (PPE) Market Growth To Reach USD 85.09 Billion By 2027 – Reports And Data

The global Personal Protective Equipment market is forecast to grow at a rate of 7.6% from USD 49.05 billion in 2019 to USD 85.09 billion in 2027.The growing need for respiratory equipment in mines, emergency response, the military and law enforcement, health care, and fire departments, associated with the increase in hand injuries in the workplace, is…

The post Personal Protective Equipment (PPE) Market Growth To Reach USD 85.09 Billion By 2027 – Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.

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The global Personal Protective Equipment market is forecast to grow at a rate of 7.6% from USD 49.05 billion in 2019 to USD 85.09 billion in 2027.The growing need for respiratory equipment in mines, emergency response, the military and law enforcement, health care, and fire departments, associated with the increase in hand injuries in the workplace, is expected to drive market growth for PPE over the next few years.

A growing awareness of workers’ health and safety, in addition to the increase in industrial deaths, mainly in emerging economies due to the lack of personal protective equipment (PPE), should guide the market during years of forecasting. Technological innovation, accompanied by the changing needs of consumers in PPE, should further increase the expansion of the market.

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Lack of knowledge about safety and health risks in the workplace is a significant problem that is spreading among workers. To spread awareness about health and safety, the Occupational Safety and Health Act (OSHA) partnered with various health and safety organizations to come up with unique ideas and solutions as part of the campaign Workplace Innovator Award. Such initiatives by agencies in collaboration with market players to improve safety standards are expected to stimulate demand for personal safety equipment in the coming years.

The COVID-19 impact:
The COVID-19 epidemic has increased demand for PPE products, including masks, respirators, protective clothing, and gloves. Manufacturing, and aerospace, provided PPE to their employees to protect them from the sudden onset of the COVID-19 pandemic. Besides, manufacturers are working at 100% of their capacity to supply PPE in all regions due to the growing gap between supply and demand. As a result, demand for PPE is expected to grow over the forecast period.

Key participants include:

AG ANSELL LTD, Honeywell International Inc., 3M, Delta Plus Group, Alpha Pro Tech, Metric AG & Co. KG., Kimberly-Clark Worldwide, Inc. (KCWW), Toshiba Corporation MSA, Lakeland Inc., and DuPont, among others.

Further key findings from the report suggest

  • Glove manufacturers are increasingly turning to greener manufacturing technologies using renewable resources such as solar and wind power. They are working on cutting costs by using less water and synthetic fuels, which is expected to stimulate demand for products during the forecast period.
  • Growing concerns about the health and safety of employees in earthquake-prone areas should encourage employers to follow workplace safety rules and encourage the use of personal safety equipment when working in high-risk activities. Also, a growing awareness of precautions to take after disasters should encourage various industries to prepare for natural disasters. This should stimulate demand for products during the forecast period.
  • Technological advances, combined with changing consumer trends, have led to a significant change in manufacturing techniques to obtain superior quality finished products. The industry has also witnessed a surge in high-tech multifunctional protective clothing. However, these manufacturing processes are costly and complicated for workshop workers to understand. This could have a deterrent effect on market growth.

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For the purpose of this report, Reports and Data have segmented into the global Personal Protective Equipment market on the basis of End Use, Hazard, Product, and Region:

End Use Outlook (Revenue, USD Billion; 2017-2027)

  • Construction
  • Oil and Gas
  • Manufacturing
  • Food and Beverage
  • Chemicals
  • Transportation
  • Healthcare
  • Others

Hazard Outlook (Revenue, USD Billion; 2017-2027)

  • Electrical
  • Fire
  • Biological
  • Chemical

Product Outlook (Revenue, USD Billion; 2017-2027)

  • Hands and Arm
  • Respiratory
  • Eye and Face
  • Head Protection
  • Foot and Leg
  • Protective Clothing

Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
    • U.S
  • Europe
    • U.K
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • MEA
  • Latin America
    • Brazil

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About Reports and Data

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The post Personal Protective Equipment (PPE) Market Growth To Reach USD 85.09 Billion By 2027 – Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.

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