Global Personal Protective Equipment (PPE) Market 2015-2019 - New Market Study Published

From: Fast Market Research, Inc.
Published: Wed Sep 16 2015

Personal protective equipment, commonly referred to as PPE, are worn to minimize exposure to hazards. PPE may range from pads and gloves to masks and shields. PPE are used in a wide variety of industries, such as manufacturing, chemicals, construction, oil and gas, food, and pharmaceuticals. Apart from the workplace, PPE are also used in sports and other recreational activities to reduce risk to personal health and safety. The choice of PPE depends on what the wearer is exposed to, the intensity of exposure, and the duration of exposure.

Technavio's analysts forecast the global PPE market to grow at a CAGR of 8.09 percent over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "The fit of the equipment is a critical factor in its effectiveness. This means that a "one size fits all" strategy is gradually being dropped by manufacturers. Especially in the pharmaceutical industry, where respiratory masks and other equipment are used often, the need for customized equipment is higher. The more comfortable the equipment, the more employees will be encouraged to use them. Companies customize the equipment to suit the specific working environment and add logos to differentiate their employees."

According to the report, vendors are investing in advanced manufacturing units and R&D to make their products comfortable and easy to use, while providing optimal protection to the wearer. The PPE manufacturing industry in the US alone earns a revenue of $3 billion and is growing at a rate of 2% annually. Today, branded manufacturers are placing great emphasis on product customization and flexibility to meet customer demands and expectations.

Further, the report states that the challenge for this market is to make different equipment compatible for combination use based on the work environment.

The key players in the Global Personal Protective Equipment Market are 3M, Alpha ProTech, Ansell Healthcare Products, Honeywell and MSA Safety while other prominent vendors include Avon Rubber, Eurosafe and JSP

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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