Global Personal Protective Equipment Market Set for a Positive Growth Forecast at CAGR of 6.5% till 2022
Bharat Book Bureau Provides the Trending Market Research Report on “Global Personal Protective Equipment Market 2022” underConsumer Goods. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects.
GlobalMarket forPersonalProtectiveEquipment (PPE) will grow from $45.1 billion in 2017 to around$62.0 billion by 2022 with a compound annual growth rate (CAGR) of6.5% for the period of 2017-2022.
-An overview of the global personal protective equipment market.
-Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
-Insight into the market through market sizes, value chain, revenue forecasts, and market and product trends.
-Analysis of the market by equipment type, end-use industry, and by region.
-Discussion of the current and future trends of the market.
-Detailed description of the leading players in the market and their key developments, strategies, and profiles.
Study Goals and Objectives
This report is an impact analysis of the personal protective equipment market. The information in this report includes factors currently driving and restraining the growth of the market, as well as factors affecting the future of the industry. The goals and objectives of this report include the following:
-To define, identify and analyze major market segments and their respective structure in the overall personal protective equipment market.
-To identify key market dynamics, trends, opportunities and factors influencing the global personal protective equipment market and its subsegments.
-To forecast the size of the overall personal protective equipment market and an analysis based on equipment, industry and geographical region.
-Identify major stakeholders and analyze the competitive landscape on the basis of recent developments.
-To identify the trends, gaps and opportunities in each of the micro markets.
-To understand the effect of environmental concerns on this market.
-To analyze and achieve an understanding of the need for technologically advanced surveying systems.
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Reasons for Doing This Study
The personal protective equipment market includes various kinds of instruments used for workplace safety. There are various types of personal protective equipment used now, including head, eye and face protection, hearing protection, protective clothing, respiratory protection, professional footwear, fall protection, hand protection and others. The others segment includes neck protection, protection against prolonged immersion in water and other equipment used during emergencies. Protective equipment finds applications across various industries such as construction, manufacturing, chemicals and mining. Increasing numbers of workplace accidents, along with stringent rules and regulations in regions such as North America, Europe and other developing countries, are the major factors fueling demand growth for personal protective equipment. Another growth factor is the increasing awareness of workplace safety globally.
Growing awareness about workplace safety and stringent government regulations are the major factors driving the personal protective equipment market. Professional footwear and hand protection equipment, among others, protect employees and workers from injuries when working in adverse environments, including oil and gas fields, food processing, transportation, factories, mines, chemical and pharmaceutical industries.
In the U.S., government regulations and increasing initiatives by the Occupational Safety and Health Administration (OSHA) and Department of Labor aim to improve safety infrastructure globally. However, increasing adoption of automation processes in numerous industries is a major obstacle to further expansion of personal protective equipment.
North America is the top consumer and producer of personal protective equipment and services. The U.S. has been one of the pioneers in this field and efforts are being made to improve the durability and quality of the equipment. There is intense competition among personal protective equipment manufacturers in this region. However, developing countries in Asia-Pacific, such as China, India, Japan and Australia, hold huge potential for the market. The increasing number of industries in growing economies globally is expected to boost market demand for protective equipment. This BCC Research report will provide details on personal protective equipment, including forecast trends and sales through 2022. Important elements of the personal protective equipment market such as equipment, industry, region, major manufacturers and factors influencing demand are discussed.
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