Personal Protective Equipment (PPE) Market Worth $131.18 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, April 5, 2023 /PRNewswire/ -- The global personal protective equipment market size is expected to reach USD 131.18 billion by 2030, registering a CAGR of 6.7% according to a new report by Grand View Research, Inc. The global personal protective equipment market is significantly driven by increasing spending on worker safety and protective products coupled with rising awareness about the stringent safety rules and regulations.

Key Industry Insights & Findings from the report:

• The head protection equipment is expected to witness a CAGR of 7.6% on account of increasing demand in industries such as construction, manufacturing, oil & gas, mining, etc. to protect from head injuries.
• Europe accounted for the largest revenue share of 30.8% in the global market in 2022 owing to the developed industrial platform along with extensive adoption of products in the various sectors.
• Asia Pacific is expected to grow at the fastest growth rate in the market at a CAGR of 7.8% over the forecast period owing to significant economic development and industrialization across the region.
• Key players actively focus on product innovation, joint ventures, mergers and acquisitions. Innovations in design, materials, and manufacturing processes that increase the quality of the product, led to an increase in demand for PPE.

Read 152-page market research report for more latest insights, "Personal Protective Equipment (PPE) Market Size, Share & Trends Analysis Report By Product (Hand Protection, Eye Protection), By End-use (Construction, Manufacturing), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.

Personal Protective Equipment Market Growth & Trends

The COVID-19 outbreak had a positive impact on the growth of the personal protective equipment market. The market was is significantly attributed to the high demand for protective equipment to protect against COVID-19 infection in 2020. Over the forecast period, market growth is expected to witness steady growth attributed to the increasing use in various industries.

The increasing awareness among industry participants regarding the importance of worker safety and security at workplaces on account of the stringent regulations and high costs associated with workplace hazards is anticipated to drive market growth. Particularly, rising awareness and new rules and regulations in Asia Pacific are likely to fuel the market growth over the forecast period.

The increasing rate of fatalities at the workplace has imposed workers to use personal protective equipment to ensure the safety of the individuals. Furthermore, the increasing number of the blue-collar workforce across numerous R&D establishments and production factories is expected to fuel PPE demand over the forecast period.

Government regulations compel the use of protective equipment for workers in end-use industries such as oil and gas, mining, and construction. Work safety regulations play a major role in driving the personal protective equipment market. Mandated policies by agencies for companies to maintain worker safety in industries are anticipated to drive demand for personal protective equipment.

Companies such as DuPont and 3M are undertaking expansion strategies to strengthen their product portfolio and market share. In May 2022, 3M announced expanding production for personal protective equipment such as respiratory and hearing protection products. This expansion will allow 3M to increase investment to meet the unmatched demand for PPE.

Personal Protective Equipment Market Segmentation

Grand View Research has segmented the global personal protective equipment market based on product, end-use, and region

Personal Protective Equipment Market - Product Outlook (Revenue, USD Million, 2018 - 2030)

• Head Protection
• Eye Protection
• Face Protection
• Hearing Protection
• Protective Clothing
• Heat & flame protection
• Chemical defending
• Clean room clothing
• Mechanical protective clothing
• Limited general use
• Others
• Respiratory Protection
• Air-purifying respirator
• Supplied air respirators
• Protective Footwear
• Leather
• Rubber
• PVC
• Polyurethane
• Others
• Fall Protection
• Soft Goods
• Hard Goods
• Others
• Hand Protection
• Disposable
• Durable
• Others

Personal Protective Equipment Market - End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Construction
• Manufacturing
• Oil & Gas
• Chemicals
• Food
• Pharmaceuticals
• Healthcare
• Transportation
• Mining
• Others

Personal Protective Equipment Market - Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• France
• Germany
• Italy
• Russia
• Scandinavia
• Spain
• U.K.
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Australia
• Thailand
• Malaysia
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia
• UAE
• South Africa

List of Key Players in Personal Protective Equipment Market

• Honeywell International Inc.
• Lakeland Industries Inc.
• DuPont
• 3M
• Ansell Ltd.
• Avon Rubber plc
• COFRA S.r.l.
• FallTech
• Alpha Pro Tech Limited
• Mine Safety Appliances (MSA) Company
• Lindstrom Group
• Mallcom (India) Ltd.
• Radians, Inc.
• Polison Corp.
• Delta Plus Group

Check out more related studies published by Grand View Research:

• U.S. Law Enforcement PPE Market - The U.S. law enforcement PPE market is expected to reach USD 1.18 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% in the forecast period. Surging expenditure on protective gear for law enforcement personnel is significantly boosting the market growth.
• U.K. PPE In Construction Market - The U.K. PPE in construction market size is expected to reach USD 428.4 million by 2027, according to a new report by Grand View Research, Inc. It is anticipated to exhibit a CAGR of 5.9% from 2020 to 2027. The rising awareness regarding employee safety and health, coupled with increasing fatalities at workplace on account of lack of protection, is expected to drive the demand for personal protective equipment (PPE).
• Hand Protection Equipment Market - The global hand protection equipment market size is anticipated to reach USD 37.8 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.9% from 2022 to 2030. Increasing awareness concerning workers' health and safety in the healthcare, oil & gas, construction, and manufacturing sectors are anticipated to drive the industry growth. In the healthcare industry, workers have to use sharp tools and precarious chemicals and the adoption of the product has increased in the chemicals industry as the workers come in direct contact with solvents and flammable liquids. Thus, increased product demand across various end-use industries is anticipated to drive industry growth.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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