Personal Protective Equipment (Ppe) Market Growth Is Driven by Strong Awareness Level About Employee Safety in Industries

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Date Submitted: 09/12/2016 04:14 AM

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Personal Protective Equipment Market Overview

Global Personal Protective Equipment Market size is projected to contribute $67.68 billion by 2023 and is projected to record 7.31% CAGR. Strong consciousness level about employee health & safety coupled with enhanced rate of fatalities in industries, specifically across unregulated industries owing to protective gear unavailability is anticipated to promote personal protective equipment (PPE) industry trends during forecast timeline.

Technological breakthroughs concentrating on low cost sustainable products are predicted to ensure a steady PPE market price trend and maintain industry expansion as well as penetration. Strong infrastructure and monetary indictors in developing nations like China and India are anticipated to propel personal protective equipment market growth in coming years. OSHA (Occupational Safety & Health Administration) security rules, primarily across U.S. and Europe is predicted to propel industry expansion.

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Personal Protective Equipment Market Product Trends

Global personal protective equipment market is fragmented into various products like fall protection, head, hand protection, respiratory protection, eye & face protection, hearing protection, protective clothing and protective footwear.

Hand protection segment contributed about $8.8 billion in 2015 and is projected to accrue higher than $14.10 billion revenue by forecast period.

Fall protection application segment is projected to record 7.10% CAGR during forecast timeline.

Protective clothing application segment is projected to exceed $15.1 billion revenue by forecast timeline. Strong rules towards lessening of injury from fire, nuclear risk or chemical is predicted to play a vital part in segment expansion.

Protective footwear segment is projected to gain maximum global personal protective equipment (PPE)...