Personal Protective Equipment (PPE) Market worth USD 60.55 Billion By 2022 - Crystal Market research
The Personal Protective Equipment (PPE) Market was worth USD 31.60 billion in the year of 2012 and is expected to reach approximately USD 60.55 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 6.72% during the forecast period.
The Personal Protective Equipment (PPE) Market was worth USD 31.60 billion in the year of 2012 and is expected to reach approximately USD 60.55 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 6.72% during the forecast period.
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<strong>Personal</strong> <strong>Protective</strong> <strong>Equipment</strong> (<strong>PPE</strong>) <strong>Market</strong>: Global Industry Expected<br />
to Grow at CAGR 6.72% and Forecast to <strong>2022</strong><br />
The <strong>Personal</strong> <strong>Protective</strong> <strong>Equipment</strong> (<strong>PPE</strong>) <strong>Market</strong> was <strong>worth</strong> <strong>USD</strong> 31.60 billion in the year of<br />
2012 and is expected to reach approximately <strong>USD</strong> <strong>60.55</strong> billion by <strong>2022</strong>, while registering itself<br />
at a compound annual growth rate (CAGR) of 6.72% during the forecast period.<br />
For more information, click on the below link @<br />
https://www.crystalmarket<strong>research</strong>.com/report/personal-protective-equipment-ppe-market<br />
Report Overview:<br />
In 2015 Manufacturing was the biggest end-use fragment and is anticipated to remain the<br />
overwhelming portion over next years. The section is evaluated to witness critical development<br />
rates by virtue of developing assembling industry in economies, for example, India and China.<br />
Ideal government activities, for example, "Make in India" are expected to fuel <strong>PPE</strong> request from<br />
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the specific end-use industry. Construction is anticipated to witness critical development over the<br />
estimate time frame by virtue of expanding foundation spending in rising economies, for<br />
example, China and India. Also, heightening <strong>PPE</strong> request in the Middle East particularly in oil<br />
and gas and development ventures is expected to affect market development in the district<br />
emphatically.<br />
Transportation is foreseen to encounter the most elevated development throughout the following<br />
years by virtue of critical development in rising economies, for example, Brazil, China, and<br />
India. <strong>PPE</strong> request in transportation is expected to develop at a significant rate in the upcoming<br />
years. Developing transportation segment in rising economies, for example, China and India<br />
combined with rising workforce limits is required to increase item request in future on account<br />
dodging overhead costs, for example, compensation.<br />
Regional Outlook:<br />
Europe ruled the worldwide personal protective equipment market in 2015 and is anticipated to<br />
remain the biggest territorial market over the gauge time frame. Expanding word related fatalities<br />
combined with the necessity for strong mechanical wear protection and high utility protective<br />
gears in the vast majority of the center enterprises, for example, automotive, oil & gas, metal<br />
manufacturing, and refining is foreseen to increase entrance of the section over the conjecture<br />
time frame. Europe is anticipated to encounter direct development rates in not so distant future<br />
by virtue of rising computerized fabricating industry in the area. In 2015 North America<br />
represented more than 29 percent of the worldwide <strong>PPE</strong> demand. North American market is<br />
portrayed by stringent standards with respect to word related wellbeing and security by<br />
administrative bodies, for example, ANSI, CSA, and OSHA.<br />
Major <strong>Market</strong> Players:<br />
Worldwide personal protective equipment market is divided with top five players represented a<br />
little more than half of the share of the overall industry in 2015. Honeywell , Alpha Pro Tech,<br />
Ltd, Ansell, Lindström, DuPont and 3M.<br />
The Global <strong>Personal</strong> <strong>Protective</strong> <strong>Equipment</strong> (<strong>PPE</strong>) <strong>Market</strong> is segmented as follows-<br />
<strong>By</strong> Product: Head Protection, Respiratory Protection, Hearing Protection, <strong>Protective</strong> Footwear,<br />
Eye & Face Protection, Fall Protection, Hand Protection, Others<br />
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market intelligence reports across a broad range of industries including healthcare, chemicals &<br />
materials, technology, automotive, and energy.<br />
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