Personal Protective Equipment Market is Projected to Reach USD 52.4 Billion by 2020

Date: 2015-11-02

The PPE are used to protect a person or employee from the hazards during an operational activity at home or workplace. PPE are mostly used to protect from unconditional hazards during work. The PPE market is projected to register a CAGR of 6.8% between 2015 and 2020 to reach USD 52.4 billion, by 2020.

Construction & manufacturing segment is estimated to be the largest application of the PPE market. The rising need for safety equipment is boosting the demand for PPE in construction & manufacturing segment. Furthermore, the demand for PPE is boosted by the increasing need from oil & gas segment. The rising need for high performing safety equipment is driving the market for PPE. The rising oil & gas industry drives the market for hand & arm protection, foot & leg protection, and protective clothing.

Region-wise, North America is leading the PPE market. Growth in Asia-Pacific is led by the rising demand from construction & manufacturing, oil & gas, and health care applications. The increasing need for safety & precautions from life threatening hazards such as harmful chemicals, gases, falls, burns, cuts, hand injuries, and a high risk of noise-related is driving the market for PPE. However, Asia-Pacific is the fastest-growing market for PPE. The rising demand from the end-user industry is driving the market for PPE in the region.

The report analyzes the PPE market trends and forecasts till 2020. The market size has been provided in terms of value (USD million & billion). The report also identifies prominent players and provides analysis for each player in terms of company overview, financials, product portfolio, recent developments, and company strategy.

The company profiled in this report includes Honeywell International Inc (U.S.), E. I. Du Pont De Nemours And Co (U.S), 3M Co (U.S.), Kimberley Clark Corp (U.S.), and Teijin Limited (Japan), among others.

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