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Personal Protective Equipment Market Size

Report ID: GMI373
Published Date: Apr 2023
Report Format: PDF

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Personal Protective Equipment Market Size

Personal Protective Equipment (PPE) Market size valued at USD 58.64 billion in 2023 and is expected to witness over 7.3% CAGR from 2024 to 2032. The presence of favorable regulatory norms pertaining to occupational health and safety will be a major factor bolstering the demand for personal protective equipment. Workers working in the industrial environment are exposed to several physical, chemical, biological, ergonomic, and psychological hazards.

Personal Protective Equipment Market

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The surging incidences of occupational accidents have encouraged governments and regulatory authorities to introduce workplace safety norms focused on ensuring workers' safety. The economic good sense and humanitarian desires among companies and organizations globally to create and maintain healthier and safer working conditions will create a favorable growth outlook for the personal protective equipment industry development.

Personal Protective Equipment (PPE) Market Report Attributes
Report Attribute	Details
Base Year:	2023
Personal Protective Equipment (PPE) Market Size in 2023:	USD 58.64 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	7.3%
2032 Value Projection:	USD 109.64 Billion
Historical Data for:	2018 - 2023
No. of Pages:	470
Tables, Charts & Figures:	719
Segments covered:	Product, Application
Growth Drivers:	Favorable regulations for occupational safety Safety and security compliances at the workplace Increasing infrastructure project investment in APAC and MEA
Pitfalls & Challenges:	Raw material cost concerns Complexity in the manufacturing process

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Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global Personal Protective Equipment (PPE) Market size crossed USD 58.64 billion in 2023 and is slated to expand at over 7.3% growth rate between 2024 and 2032, owing to the implementation of favorable occupational safety norms across several economies.

The hand protection segment was worth over USD 10 billion in 2022 and is expected to amass a decent market share due to the availability of technologically advanced products with improved ergonomics in the market.

The PPE market from manufacturing applications is likely to drive revenues of over USD 23 billion by 2032, owing to the rising workers

Leading enterprises in the personal protective equipment market are DuPont, 3M, Honeywell International, Ansell Ltd, MSA Company, COFRA SRL, and UVEX Safety Group GmbH, among others.