Personal Protective Equipment - Procurement Intelligence
SAN FRANCISCO, July 5, 2023 /PRNewswire/ -- The personal protective equipment (PPE) category is anticipated to expand at a CAGR of 6.7% from 2022 to 2030. In 2022, North America accounted for 30% of the market share followed by Europe and APAC. Many small and medium-sized organizations are procuring protective clothing and equipment from low-cost independent manufacturers located in the APAC region. The APAC market is projected to witness the fastest growth during the forecast period.
The major cost components are raw materials, equipment and manufacturing, testing and labor, along with facilities and maintenance. However, the overall cost of clothing or any equipment may depend on multiple factors such as customizations, types of raw materials used, quality of the product, the time required for manufacturing, testing, and standards, etc. For instance, reusable PPE clothing will relatively cost more than disposable one. Similarly, non-woven fabrics can be manufactured easily on a large scale and hence tends to be more cost-effective than woven fabrics.
Following the COVID-19 pandemic, India has become a major PPE kit production hub. In 2021, India was the second-largest PPE kits manufacturer - as it produced 200,000 kits and 200,000 N95 masks daily. The textile industries ramped up production to meet the kits demand and the number of companies increased to 1,100. Meltblown fabric manufacturers for N95 masks had also increased to 80. Since 2021, the Indian government has taken numerous initiatives to improve personal protective equipment production in the country such as reducing the licensing facilities and product costs, promoting and boosting manufacturing lines, strengthening local supply chains, and assisting small companies to overcome barriers to production by tying up with technological companies and utilizing MSMEs.
Order your copy of the Personal Protective Equipment (PPE) sourcing intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
PPE Procurement Intelligence Report Coverage
Grand View Research will cover the following aspects in the report:
- Market Intelligence along with emerging technology and regulatory landscape
- Market estimates and forecasts from 2022 to 2030
- Growth opportunities, trends, and driver analysis
- Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier's recent developments
- Porter's 5 forces
- Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
- Engagement and operating models, KPI, and SLA elements
- LCC/BCC analysis and negotiation strategies
- Peer benchmarking and product analysis
- Market report in PDF, Excel, and PPT and online dashboard versions
Request for a free sample of the "Personal Protective Equipment Procurement Intelligence Report, 2023 - 2030, published by Grand View Research" for In-depth details regarding supplier ranking and selection, sourcing, and pricing criteria & strategies.
Personal Protective Equipment Sourcing Intelligence Highlights
- The global personal protective equipment category is highly fragmented, and the balance of PPE sales is highly diversified across many smaller product segments such as head, eye, ear, and face coverings hence top players account for a comparatively smaller portion of the market share
- Suppliers of hand-protection product sector were mainly held by private companies
- In the disposal PPE clothing market, the competitive rivalry is high due to increasing government initiatives (India and China) to encourage local garment manufacturers to meet the surging demand
Browse more procurement/sourcing intelligence reports published by Grand View Research
Cost Intelligence Highlights
Grand View Research has identified the following key cost components for the Personal Protective Equipment Category:
- Raw Materials
- Manufacturing
- Equipment
- Testing
- Labor
- Facilities and Maintenance
- SG&A
- R&D
- Others
List of Key Suppliers in the Personal Protective Equipment Category
- Honeywell International Inc.
- 3M
- Ansell Limited
- DuPont
- FallTech
- Avon Rubber Plc
- Cardinal Health Inc.
- COFRA S.r.l
- Dynarex Corporation
- Lakeland Industries Inc.
- Kimberly-Clark Corporation
- MSA Safety Incorporated
Browse through Grand View Research's collection of procurement intelligence studies:
- Blockchain Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
- Advertising Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Add-on Services provided by Grand View Research Pipeline:
- Should Cost Analysis
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
- Rate Benchmarking
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best-suited engagement with the supplier
- Salary Benchmarking
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
- Supplier Newsletter
A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends.
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships.
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing.
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/pipeline
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