Title: Personal Protective Equipment Market Detailed methodology, scope, assumptions and data sources between 2017 – 2024
1Personal Protective Equipment Market Price,
Trends, Industry Outlook Forecast 2017-2024
2Global Market Scenario of Personal Protective
Equipment Industry
- Personal Protective Equipment Market size was
worth over USD 37 billion in 2015, with gains
expected at above 7 gains by 2023.Positive
outlook towards rising worker safety in
construction, manufacturing, chemical, and food
industries should boost global personal
protective equipment market size. Efficient usage
of these safety equipment reduces the risk of
fatalities and hazards, making it an effective
industrial injury prevention programs. - Personal Protective Equipment (PPE) Market size
is predicted to touch 67.61 billion by end of
2023 and register CAGR of 7.3 during forecast
period.Growing employee safety and health issues
coupled with rising industrial fatalities across
unregulated industries will promote personal
protective equipment (PPE) industry growth. - Hand protectionsegment is forecast to register
CAGR of 7 during forecast period with industry
size evaluated at 8.65 billion for 2015 and
predicted revenue of 14.8 billion by end of
forecast period. Chemical, pharmaceutical,
production construction and food industries are
the key demand opportunities for the segment.
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- The differentiating factor of Personal Protective
Equipment Market report by Global Market
Insights, Inc. when compared with other, similar
syndicated research studies includes a 360-degree
synopsis of trends for a period of more than 10
years including historic information as well as
future outlook. - Reasons to Buy This Report
- 1. Personal Protective Equipment Market
size share forecast by product application,
2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Personal Protective Equipment
Market growth opportunities emerging business
models - 4. Competitive benchmarking with market
share analysis and company profiles - Protective footwear segment is predicted to gain
personal protective equipment (PPE) industry
share and contribute more than 18 in terms of
revenue by 2023. Other product segmentsinclude
respiratory protection, head, hearing and face. - Production applications are predicted to
contribute a substantial amount to the global
personal protective equipment (PPE) market
share.The segment contributed about more than 20
of industry revenue for 2015 with CAGR of more
than 7. - Transport applications contributed near about
5.1 billion for 2015 and the segment offers
substantial business revenue growth
opportunities for the industry.
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Research Methodology
5Regional Insights
- U.S. personal protective equipment (PPE) market
dominated the global industry with more than
12.4 billion revenue for 2015. Product
innovation along with changing requirements for
protective gear that blends security with
attractiveness will drive the industry
development. Further, growing occupational
casualty rate in the region is also predicted to
drive the industry growth. - Europe is predicted to experience moderate
industry expansion in future owing to slow
production index of European Union and weak
economic pointers. - Asia Pacific will continue be most attractive
industry destination in coming years with
estimates of more than 13.1 billion by end of
forecast period.Strong emerging economies like
India and China are predicted to contribute
towards the industry growth in the region.
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6Competitive Insights
- Manufacturers are focused on supplying and
designing products for various industries by
employing innovative and unique technologies.
Most of the manufacturers either have their own
licence technology or proprietary technology from
other industrial participants.Other prominent
companies include - Jal Group, COFRA, Uvex Safety, Rock Fall, MSA
Company, Mallcom, Cigweld, and Radians.
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