Personal Protective Equipment Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of Personal Protective Equipment Market by application(chemicals, construction, food industry, healthcare, manufacturing, mining, oil & gas, pharmaceuticals, transportation), product type(eye, face & head protection, fall protection, gas detection, hearing protection, protective clothing) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the Personal Protective Equipment Market it includes the five years Industry analysis and the 6 years annual forecast from 2017 to 2023. Some of the prominent participants in the Global Personal Protective Equipment Market are PPE Market include Alpha Pro Tech Limited, Ansell Ltd, Avon Rubber Plc, Confra Holding AG, DuPont, Honeywell Safety products ,Jal Group, Lindstrom , MSA Safety Inc, 3M company,Rock Fall Limited, Oftenrich Holdings Co.Ltd and Uvex Safety Group. Global PPE (Personal Protective Equipment) market size is expected to exceed USD X.xx billion by 2023, growing at a CAGR between 7.5% and 8% over the period of 2017 – 2023.
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The Construction is anticipated to be the Fastest Growing Application Segment for Personal Protective Equipment
Personal protective equipment is a safety gear, which can protect the user, from the risks related to health and safety at workplace. PPE can prevent many serious injuries, various illnesses, and exposure to chemical, electrical, mechanical, physical, radiological, or some other hazardous conditions. As per the safety regulations in many countries, the employers in various industries are bound to provide personal protective equipment to the workers, for ensuring safety and wellbeing of the workers. There are specific instructions and procedures for using PPE. Moreover, the PPE should be cleaned, maintained well and stored at appropriate storage for reuse. Ear plugs, goggles, gloves, hard hats, full body suits, insulated clothing, life jackets, respirators, safety harnesses, safety footwear, waterproof clothing and weatherproof clothing are some of the major personal protective equipment widely used in various industries. PPE improves the working conditions and the productivity of the workers. It can save companies lot of money by reducing the accidents to the minimum and thereby avoiding huge payouts as compensations stipulated under regulations. PPE find applications in industries such as chemical, construction, food and beverages, oil & gas, manufacturing, pharmaceuticals, and power among others.
PPE Improves the Working Conditions and the Productivity of the Workers
Huge investments in research & development and focus on innovation to manufacture smart wearable safety gears to improve the productivity as well as safety of workers by major companies such as Honeywell Safety Products, 3M Company and some others characterizes the global PPE market. Increasing awareness about safety at work place, stringent regulations regarding the use of safety gears at work place, increasing instances of compliance by companies in providing protective equipment to workers and advancement in technologies drives the growth of the global PPE market.
The Increasing Compliance by Companies in Sectors Such As Construction, Chemicals, Oil & Gas and Manufacturing Drives the Demand for PPE in North America
Among geographies, Europe and North America together account for major share in the global PPE Market. Asia-Pacific is anticipated to be the fastest growing PPE market during the forecast period 2017-2023. Stringent regulations in European Union for safety of workers in various sectors, increasing awareness about need for safety and increasing implementation in sectors such as construction, oil & gas, manufacturing, services and transportation are the major factors that drive the growth of the PPE market in Europe. Increasing instances of injuries at workplace, stringent regulations regarding the use of safety gears and compensation for employees in the case of injuries at workplace, and increasing compliance by companies in sectors such as construction, chemicals, oil & gas and manufacturing drives the demand for PPE in North America. The growing investments in manufacturing and construction sectors, increasing awareness about need for safety gears, and increasing instances of injuries to workers in various industrial sectors in countries such as China, India, & Vietnam drive the demand for PPE in Asia-Pacific region. Increasing number of construction and manufacturing and need for compliance for safety of foreign workers are expected to drive the growth of the PPE market in Middle East.
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