+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Professional Footwear Segment Gains Dominant Market Share, Personal Protective Equipment Market to Register 7.30% CAGR till 2020

Posted on Dec 15, 2015

A new Transparency Market Research report states that the global personal protective equipment market stood at US$33.9 bn in 2013 and is expected to reach US$55.5 bn by 2020. It is expected to expand at a CAGR of 7.30% from 2014 to 2020. The title of the report is “Personal Protective Equipment Market - Global Industry Analysis, Trend, Size, Share and Forecast 2014 - 2020”.

Browse the full Personal Protective Equipment Market - Global Industry Analysis, Trend, Size, Share and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/personal-protective-equipment.html

As per the report, the rising number of government regulations and awareness programs on workplace safety are amongst the key factors driving the market for personal protective equipment market. In addition, increasing demand for personal protective equipment in the segments of oil and gas and construction and manufacturing in a number of countries is also fuelling the market for personal protective equipment. In addition, factors such as increasing manufacturing capacities, high consumption potential, high economic growth rates, and competitive manufacturing costs will also stimulate the market for personal protective equipment in the coming years. On the other hand, the deteriorating quality of products is amongst the key factors that may restrain the growth of the market in the coming years.

personal-protective-equipment

On the basis of type, the market is segmented into hearing protection; head, eye, and face protection; respiratory protection; protective clothing; fall protection; professional footwear; hand protection; others. Amongst these, the segment of professional footwear emerged as the biggest segment in the market for personal protection equipment. On the other hand, the segment of fall protection is the most swiftly developing segment in the market and stood at US$2.8 bn in 2013. The segment of head, eye, and face protection also stood as a key segment and was valued at US$5.9 bn in 2013.

On the basis of application, the market is segmented into manufacturing, construction, chemicals, food, oil and gas, transportation, pharmaceuticals, and others. The use of personal protective equipment is the highest in the manufacturing sector and the manufacturing segment held a share of US$6.7 bn in 2013. On the other hand, the growing logistics industry is fuelling the demand for personal protective equipment within the transportation segment. The transportation segment stood at US$2.6 bn in 2013. In addition, utilization of personal protective equipment will be the highest in the transportation sector in the coming years.

On the basis of geography, the personal protective equipment market is segmented into Europe, North America, the Middle East, Russia, South America, Africa, South America, and Asia Pacific. The rapid industrialization and rising foreign investments experienced by emerging economies of South America, Africa, and Asia Pacific will stimulate the demand for personal protective equipment in the coming years.According to the report, the prominent players operating in the market include Alpha Pro. Tech, Ltd., 3M Co., Ansell Ltd., JAL Group, Avon Rubber p.l.c., COFRA Holding AG, Honeywell Safety Products, Oftenrich Holdings Company Limited (Golden Chang), Uvex Safety Group, and Rock Fall Ltd., among others.

The report segments the industrial protective footwear market as:

Personal Protective Equipment Market, by Application

  • Construction
  • Manufacturing
  • Oil and Gas
  • Chemicals
  • Food
  • Pharmaceuticals
  • Transportation
  • Others

Personal Protective Equipment Market, by Type

  • Head, eye and face protection
  • Hearing protection
  • Protective clothing
  • Respiratory protection
  • Professional footwear
  • Fall protection
  • Hand protection
  • Others

Personal Protective Equipment Market, by Geography:

  • North America
  • Europe
  • Russia
  • Middle East
  • Asia Pacific
  • South America
  • Africa

Browse : Our new press releases http://www.transparencymarketresearch.com/pressrelease/global-personal-protective-equipment.htm

 About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact
Mr.Sudip S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Back To Top