PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586422
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586422
The global personal protective equipment market size is expected to reach USD 122.75 billion by 2032, according to a new study by Polaris Market Research. The report "Personal Protective Equipment Market Share, Size, Trends, Industry Analysis Report: By Product (Hand Protection, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, and Others), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2024-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Employers are increasingly investing in personal protective equipment (PPE) for their workforce to reduce costs associated with employee compensation, medical expenses, and downtime due to lost productivity. Organizations such as the Occupational Safety and Health Administration (OSHA), the National Institute for Occupational Safety and Health (NIOSH), and the American National Standards Institute (ANSI) impose strict regulations on the use of PPE among workers operating in accident-prone environments, ensuring safety compliance.
In 2022, the National Safety Council (NSC) projected that cases of workplace fatalities and permanently disabling injuries would result in the loss of 60 million workdays in the coming years. To avoid such scenarios, PPEs are primarily used to safeguard individuals from the workplace. PPE plays a crucial role in ensuring worker safety during emergencies and recovery. Increasing attention to worker protection in industries such as oil & gas, mining, construction, and manufacturing is expected to drive the personal protective equipment market in the coming years. The market offers a range of safety gear designed to protect users from various occupational risks.
The expanding healthcare sector is significantly boosting the personal protective equipment (PPE) market, with the growing adoption of eco-friendly gloves, particularly nitrile gloves, playing a vital role. Nitrile gloves are favored for their superior puncture resistance, chemical protection, and reduced allergy risks compared to latex. Additionally, the shift towards sustainable medical practices has increased the demand for biodegradable nitrile gloves, aligning with environmental regulations. This dual focus on safety and sustainability is driving the growth of the PPE market, as healthcare facilities increasingly prioritize eco-conscious solutions while maintaining high safety standards. Furthermore, the utilization of deep learning systems and AI enables generalized threat detection, eliminating the requirement for fine-tuning parameters for specific scenarios. For instance, Intenseye's AI-driven safety management software oversees adherence to PPE requirements by detecting incorrect or missing PPE usage. This significantly improves overall compliance with safety regulations and standards.
Personal Protective Equipment Market Report Highlight
In terms of product, the hand protection segment dominated the market in 2023 owing to its high applicability in the chemical, oil & gas, and pharmaceutical sectors.
By application, the healthcare segment is expected to grow at fastest CAGR over the forecast period due to the rising viral transmissions among healthcare practitioners.
The Asia Pacific market will grow rapidly during 2024-2032 due to the growing manufacturing and construction activities.
3M; Alpha ProTech; Ansell Ltd.; Avon Rubber p.l.c.; Bullard; COFRA S.r.l.; Delta Plus Group; DuPont; Honeywell International, Inc.; Lakeland Inc.; Mallcom (India) Limited; MSA Safety; Supermax Corporation Berhad; Uvex Group are among the major players in the personal protective equipment market.
Polaris Market Research has segmented the personal protective equipment market report on the basis of product, application, and region:
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