Deerfield Beach, FL, Aug. 08, 2016 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Personal Protective Equipment (Hand Protection, Fall Protection, Protective Clothing, Professional Footwear, Head Protection, Respiratory Protection, and Others) Market for Construction & Manufacturing, Oil & Gas, Health Care, Petrochemicals, Food Industry, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, global demand for personal protective equipment market was valued at USD 37.35 billion in 2015 and is expected to generate revenue of USD 56.05 billion by end of 2021, growing at a CAGR of slightly above 7.0% between 2016 and 2021.
Personal protective equipment (PPE) is used for health protection. PPE includes face masks, hard hats, boots, ear plugs, respirators, gloves, safety helmets, gloves, eye protection, safety harnesses, high visibility clothing etc. It also includes respiratory protective equipment (RPE).
Browse 29 Market Tables and 26 Figures spread through 110 Pages and an in-depth TOC on "Personal Protective Equipment Market - Global Size, Shares, Trends, Segment & Forecast to 2021”
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Personal protective equipment (PPE) refers to wearable equipment that protects the wearer's body from injuries, illness, and a variety of heat-borne, fire-borne, electrical, physical, chemical-borne, and airborne particulate matter. Personal protective equipment also finds application across various industries including construction & manufacturing, oil and gas, chemicals, healthcare, food industry, pharmaceuticals, transportation and others.
The personal protective equipment market is mainly driven by advancement in technology and rising awareness about workplace safety. Rising foreign investments, rapid industrialization, and government regulations is expected to fuel the personal protective equipment market in the near future. However, high raw material costs and inexpensive products may pose challenge to the market growth in the next few years. Moreover, rising demand from Asia-Pacific region is projected to open new growth opportunities for personal protective equipment in the years to come.
North America represents developed regional markets for personal protective equipment and expected to see the significant growth through the next few years. The U.S. is by far the leading personal protective equipment market by country in North America. The growing demand for PPE in construction & manufacturing, and oil & gas industry is major driving factor in this region. High demand from various end-user industries such as oil & gas, chemicals and manufacturing particularly in Canada is expected to boost the product demand due to rising workforce capacities.
Browse the full "Personal Protective Equipment (Hand Protection, Fall Protection, Protective Clothing, Professional Footwear, Head Protection, Respiratory Protection, and Others) Market for Construction & Manufacturing, Oil & Gas, Health Care, Petrochemicals, Food Industry, and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at http://www.marketresearchstore.com/report/personal-protective-equipment-market-z69521
The North America region is followed by Europe and is expected to be the leading segment in personal protective equipment. This region is expected to show moderate growth rate in the near future due to the rising automated manufacturing industry.
Asia Pacific is another leading regional market and is expected to be the fastest growing regional segment for the personal protective equipment market within the forecast period. Asia Pacific was the largest revenue contributor in 2015 and accounted for significant share of the personal protective equipment market. Asia Pacific is anticipated to witness highest growth in the forecast period due to increasing product demand in construction and manufacturing industries especially in emerging economies including China, Indonesia, Vietnam, and India.
Middle East PPE market is expected to grow at a moderate rate over the next few years. Growing oil & gas industry in the region is expected to drive the product market over the forecast period. Stringent regulatory scenario coupled with growing employee awareness towards personal safety may be attributed to high penetration in the region.
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Some of the key participants in the personal protective equipment market includes Honeywell International Inc, Alpha Pro Tech Ltd., Du Pont, 3M Company, Ansell, Adians, Delta Plus, Rock Fall Limited, Uvex Safety Group.
This report segments the global personal protective equipment market as follows:
Global Personal Protective Equipment Market: Product Segment Analysis
- Hand Protection
- Fall Protection
- Protective Clothing
- Eye & Face Protection
- Head Protection
- Respiratory Protection
- Others (hearing protection, professional footwear, etc)
Global Personal Protective Equipment Market: Application Segment Analysis
- Construction & Manufacturing
- Oil & Gas
- Health Care
- Food Industry
- Others (firefighting, Power & energy, etc)
Global Personal Protective Equipment Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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