PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1499642
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1499642
Safety Awareness will Boost the Future Growth Potential of Personal Protective Equipment
The Indian PPE industry generated $2,345.6 million in revenue in 2023. The market is expected to witness high growth owing to the strong performance of the end-use industries and the increase in safety awareness among end customers. The lucrative prospects of the PPE industry in India are leading global PPE manufacturers to consider entering the market in the forecast period. Inorganic expansion is expected to be one of the major routes for global PPE manufacturers to establish themselves in the competitive Indian PPE space. The study categorizes the PPE industry in India into the following segments: Above-the-neck protection, respiratory protection, hand protection, foot protection, fall protection, protective clothing, and gas detection. The end-user segments covered in this study are the manufacturing, mining, oil & gas, utilities, construction, and transportation industries.
The study identifies and analyzes technology and market trends in the Indian PPE industry and assesses current status and growth prospects. It highlights the factors driving and restraining growth and discusses the key opportunities emerging from the changes in this space for market players and stakeholders to leverage. The base year is 2023, and the forecast period is from 2024 to 2028.