Personal Protective Equipment Market Size, Trends, Company Profiles,and its Emerging Opportunities
The global personal protective equipment market is predicted to exhibit huge expansion in the coming years, as per the estimates of P&S Intelligence, a market research company based in India. The implementation of strict regulations regarding occupational safety and health is one of the biggest factors responsible for the advancement of the market. The growing public awareness of personal safety at workplaces is another major factor driving the progress of the market.
Moreover, with the outbreak of the COVID-19 pandemic, the demand for personal protective equipment (PPE) is rising rapidly across the globe. This is because these devices play a major role in mitigating the spread of the infection. Depending on industry type, the personal protective equipment market is divided into manufacturing, oil and gas, chemical and pharmaceutical, food and beverage, transportation, and construction. Amongst these, the transportation industry will register huge growth in the market in the future years.
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When product is taken into consideration, the personal protective equipment market is classified into respiratory protection, hand protection, head, eye, and face protection, hearing protection, fall protection, and protective clothing. Amongst these, the respiratory protection category is currently exhibiting rapid growth and is predicted to hold a considerably high share in the market in the future. The rising prevalence of respiratory and communicable diseases such as bird flue and H1N1 are the main factors driving the expansion of this category.
Across the globe, the personal protective equipment market is demonstrating huge growth in the U.S. In Europe, the industry is expanding rapidly in the U.K., Russia, France, and Germany. India, Japan, and China are the major markets in the Asia-Pacific (APAC) region. The rapid industrialization in the APAC region, on account of the soaring population levels, is predicted to massively propel the growth of the market in the coming years.
Hence, it can be safely concluded that the market would demonstrate huge expansion across the world in the coming years, primarily because of the rising enactment of strict regulations regarding workplace safety in various countries and the COVID-19 pandemic.
