Personal Protective Equipment Market Size Worth $131.2 Billion by 2030: Grand View Research, Inc.

2022-11-07 15:21:01 By : Mr. barry zhang

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SAN FRANCISCO , Oct. 10, 2022 /PRNewswire/ -- The global personal protective equipment market size is anticipated to reach USD 131.2 billion by 2030, registering a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. The global personal protective equipment market is significantly driven by increasing spending on worker safety and protective products coupled with rising awareness about the stringent safety rules and regulations.

Key Industry Insights & Findings from the report:

Read 152-page full market research report, "Personal Protective Equipment Market Size, Share & Trends Analysis Report By Product (Hand Protection, Eye Protection, Face Protection, Hearing Protection), By End-use, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.

Personal Protective Equipment Market Growth & Trends

The COVID-19 outbreak had a positive impact on the growth of the personal protective equipment market. The market was is significantly attributed to the high demand for protective equipment to protect against COVID-19 infection in 2020. Over the forecast period, market growth is expected to witness steady growth attributed to the increasing use in various industries.

The increasing awareness among industry participants regarding the importance of worker safety and security at workplaces on account of the stringent regulations and high costs associated with workplace hazards is anticipated to drive market growth. Particularly, rising awareness and new rules and regulations in Asia Pacific are likely to fuel the market growth over the forecast period.

The increasing rate of fatalities at the workplace has imposed workers to use personal protective equipment to ensure the safety of the individuals. Furthermore, the increasing number of the blue-collar workforce across numerous R&D establishments and production factories is expected to fuel PPE demand over the forecast period.

Government regulations compel the use of protective equipment for workers in end-use industries such as oil and gas, mining, and construction. Work safety regulations play a major role in driving the personal protective equipment market. Mandated policies by agencies for companies to maintain worker safety in industries are anticipated to drive demand for personal protective equipment.

Companies such as DuPont and 3M are undertaking expansion strategies to strengthen their product portfolio and market share. In May 2022 , 3M announced expanding production for personal protective equipment such as respiratory and hearing protection products. This expansion will allow 3M to increase investment to meet the unmatched demand for PPE.

Personal Protective Equipment Market Segmentation

Grand View Research has segmented the global personal protective equipment market based on product, end-use, and region:

Personal Protective Equipment Market - Product Outlook (Revenue, USD Million, 2017 - 2030)

Personal Protective Equipment Market - End-use Outlook (Revenue, USD Million, 2017 - 2030)

Personal Protective Equipment Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)

List of Key Players in Personal Protective Equipment Market

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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Web: Grand View Compass | Astra ESG Solutions Follow Us: LinkedIn | Twitter


SOURCE Grand View Research, Inc

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