10 February 2021
Visiongain has published a new report on PPE Market Report 2021-2031: Forecasts by Type (Hands & Arm Protection, Protective Clothing, Foot & Leg Protection, Respiratory Protection, Head Protection), End-Use Industry (Manufacturing, Construction, Oil & Gas, Healthcare). PLUS Profiles of Leading Pharma Contract Manufacturing Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
Global PPE Market was valued at US$ xx billion in 2020 and is projected to reach at a market value of US$ xx billion by 2031.
Personal protective equipment’s (PPE) includes head, eye and face protection, hearing protection, clothing protection, respiratory protection, professional footwear, fall protection, hand protection etc. Otherthan this personal protection equipment also finds application in various fields like construction, manufacturing, oil and gas, chemicals, food, pharmaceuticals, transportation and others. Moreover other sectors include government usage, unorganised sector small scale manufacturing units and service station.
COVID-19 Impact on PPE Market
PPE market is on boost due to pandemic COVID19, due to increase in awareness in all sectors about safety equipment the PPE market is growing tremendously. All product in this market is in great demand. And it will grow more and more till proper medicine will not come in market. Moreover the vaccines are in the trial process. Hence the treatment is still not gone. Till vaccines not come in market, this PPE products are vaccines for all.
- Increase in awareness of employees with increase fatalities in the industry is promoting the growth of the PPE market size. Organisation are also arranging programs for the awareness of the PPE products.
- Increase use of durable protective clothing in core industries such as oil and gas industries construction, and mining would increase in PPE market size
- The pandemic COViD-19 has taken so many lives. The importance of PPE products is growing. This market will increase tremendously with the threat of this pandemic. All products are on high demand in every sector. Government strict rules and regulations are promoting this sector to grow more on a high speed.
PPE market products are on high demand after pharmaceutical market, companies are diverting in this PPE market. Increase in investment in other PPE products companies,are due to strict government norms for safety of employees. Some of the companies in this sector includes 3M Co.(US) MSA Safety Inc. (US), Ansell Limited(US), Honeywell International Inc. (US) E I Dupont de Nemours and CO. (US), Kimberley-Clark Corporation (US),Lakeland Industries Inc (US), Alpha Pro Tech Ltd(Canada) Sioen Industries NV (Belgium) Radians Inc (US) Polison Corporation Cigweld,Gateway Safety Inc., MOldex-Metric,Avon Rubber,Cofra,Jal Group,Cordova Safety Products,Bullard,Often rich Group,Washing Group,Shanghai Gangkai.
Key players in the market have also adopted ecological solutions, which includes taking into account the social and environmental influences of their operations, to ease the handiness of raw materials, and reap long-term benefits.
Market players are investing in R&D for evolvingmodernized products. Furthermore, companies are concentrating on working across the value chain to gain a competitive benefit in the market. Strategies implemented by the major companies usually include product launches and portfolio development, distribution network enlargement, and partnerships.
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