Personal protective equipment includes head, eye and face protection, hearing protection, protective clothing, respiratory protection, professional footwear, fall protection, hand protection and others. Apart from this, personal protective equipment also finds application across various industries including construction, manufacturing, oil and gas, chemicals, food, pharmaceuticals, transportation and others. The others segment include government usage, unorganized sector, small-scale manufacturing utilities and service stations among others.
This report has been segmented by application, by type and by geography. The study highlights current market trends and provides the forecast from 2014 to 2020. We have also covered the current market scenario for personal protective equipment and highlighted future trends that will have an impact on demand. By geography, the market has been segmented into North America, Europe, South America, Middle East, Russia, Asia Pacific and Africa. The present market size and forecast until 2020 has been provided in the report. The report also analyzes macro economic factors influencing and inhibiting growth of the personal protective equipment market.
Professional footwear is the largest segment for personal protective equipment by type. However, the fall protection segment is the fastest growing segment for personal protective equipment. The fall protection segment was valued at USD 2,789.5 million in 2013. Apart from this, head, eye and face protection is also one of the major segments for personal protective equipment. The head, eye and face protection segment was valued at USD 5,900.2 million in 2013.
The personal protective equipment finds application across construction, manufacturing, oil and gas, pharmaceuticals, transportation and chemicals among others. The application of personal protective equipment in the manufacturing sector held the largest share. The manufacturing segment was valued at USD 6,714.1 million. The increasing awareness about workplace safety and government regulations are some of the major factors fuelling the demand for personal protective equipment in the manufacturing sector. However, the exponential growth in the logistics industry is boosting the demand for personal protective equipment in the transportation segment. The application of personal protective equipment in transportation sector is the fastest growing market. The transportation segment was valued at USD 2,604.6 million in 2013.
Major industry participants are 3M Co., Alpha Pro. Tech, Ltd., Ansell Ltd., Avon Rubber p.l.c., JAL Group, COFRA Holding AG, Oftenrich Holdings Company Limited (Golden Chang), Honeywell Safety Products, Rock Fall Ltd. and Uvex Safety Group among others.
Global Personal Protective Equipment Market: Description
The global market for personal protective equipment has been witnessing notable growth in recent years, primarily due to the growing awareness regarding the importance of employee and workplace safety across the globe. Rigid regulations about workplace safety that are overseen by organizations such as the National Fire Protection Association, Occupational Safety and Health Administration, and National Institute for Occupational Safety and Health in the U.S. are further expected to boost the demand for personal protective equipment in the next few years.
The key applications of personal protective equipment include construction, food, manufacturing, transportation, oil and gas, pharmaceuticals, chemicals, and others. Technological advancements and untapped industrial segments are expected to contribute extensively towards the growth of the global personal protective equipment market in the near future.
The research study analyzes the leading type, application, and geographical segments in the global market for personal protective equipment. Key dynamics that are estimated to influence the growth of the overall market have also been included in the research study to offer a clear picture of the market. Moreover, the key growth drivers, barriers, potential opportunities, and the current trends in the market have been highlighted in the study. A detailed vendor analysis of the market has also been covered in the scope of the report.
Overview of the Global Personal Protective Equipment Market
As per the study, in 2013, the global market for personal protective equipment was worth US$33.9 bn. This market is projected to register a 7.30% CAGR between 2014 and 2020, reaching a value of US$55.5 bn by the end of 2020. Among the key types of personal protective equipment, the professional footwear segment is anticipated to grow at a fast pace in the coming years. Nevertheless, the fall protection and head, eye, and face protection segments are projected to witness substantial growth in the next few years.
The rigid regulatory framework and multiple uses of equipment are the key factors projected to fuel the growth of the overall market in the coming years. The increasing foreign investments and the healthy pace of industrialization are further predicted to encourage the growth of the market in the near future. Furthermore, the rising number of workplace fatalities is boosting the employees to make use of personal protective equipment, thus fueling the growth of the market.
On the other hand, the availability of low quality and inexpensive products and complete automation of the manufacturing processes are the primary factors projected to curtail the growth of the market in the next few years. In addition, the high cost of raw materials required to manufacture personal protective equipment is estimated to impede the growth of the market in the near future. Nonetheless, the potential opportunities in the emerging countries of Asia Pacific are expected to contribute significantly towards the growth of the market.
Key Players Mentioned in the Report
JAL Group, Uvex Safety Group, Alpha Pro Tech, Ltd., Ansell Ltd., COFRA Holding AG, Honeywell Safety Products, 3M Co., Avon Rubber p.l.c., Oftenrich Holdings Company Limited, and Rock Fall Ltd. are some of the prominent players operating in the personal protective equipment market across the globe.
Key Segments of the Global Personal Protective Equipment Market
Global Personal Protective Equipment Market, by Application:
- Oil and Gas
Global Personal Protective Equipment Market, by Type:
- Head, eye and face protection
- Hearing protection
- Protective clothing
- Respiratory protection
- Professional footwear
- Fall protection
- Hand protection
Global Personal Protective Equipment Market, by Geography:
- North America
- Middle East
- Asia Pacific
- South America
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments