Home > Pressrelease > Respiratory Protective Equipment Market size to surpass $16 Bn by 2032
Respiratory Protective Equipment Market size to surpass $16 Bn by 2032
- Published Date: January 12, 2023
Respiratory Protective Equipment Market size is projected to cross USD 16 billion by 2032, according to a new research report by Global Market Insights Inc.
The fast-paced industrialization and increasing worker safety awareness in the Asia Pacific region are positively shaping the industry outlook. As per the International Labour Organization, Asia Pacific reports more than 1 million deaths from work-related ailments or accidents annually. In fact, respiratory ailments such as occupational pneumoconiosis are regarded among the most prominent and severe work-related risk in China, which has the largest work-related disease burden in the world. With many governments in the region tightening their workplace safety norms to address these challenges will drive the respiratory protective equipment market expansion.
Rising application scope to foster supplied air respirators (SAR) product segment growth
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Based on product, the supplied air respirator (SAR) segment is expected to reach USD 10.5 billion by 2032. Rapidly growing industrial applications of supplied air respirators in food, mining, and construction sectors are estimated to generate significant market revenue. Moreover, consistent efforts by occupational safety watchdogs such as the National Institute for Occupational Safety and Health (NIOSH) to promote improved reliability and performance of supplied air respirators are set to shape the segment growth.
Browse key industry insights spread across 268 pages with 157 market data tables & 28 figures & charts from the report, “Respiratory Protective Equipment Market Size, Share and Industry Analysis Report by Product (Air Purifying Respirator [Unpowered {Disposable Half Mask, Reusable Half Mask, Full Face Mask}, Powered {Half Face Mask, Full Face Mask, Helmets, Hoods & Visors}], Supplied Air Respirator [Self Contained Breathing Apparatus, Airline Respirator]) and Application (Industrial, Medical & Healthcare, Military & Aviation, Public Service, Consumers), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/respiratory-protective-equipment-market
Resurging COVID-19 cases to fuel medical & healthcare sector
With respect to application, the respiratory protective equipment market value from the medical & healthcare segment was valued at over USD 2 billion in 2022. Going forward, a resurgence in the number of COVID-19 cases caused by novel variants is pushed the demand for RPEs among doctors are healthcare professionals. In January 2023, the U.S. CDC, announced that the newly discovered Omicron subvariant, XBB.1.5, dubbed as Kraken, now accounts for 27.6% of COVID-19 cases in the country. Confirmed to be antibiotic-resistant and fast-spreading, the variant is predicted to create a pressing need for RPEs.
Strict occupational safety standards to drive North America market growth
North America respiratory protective equipment market is slated to grow at around 7% CAGR from 2023 to 2032, led by rising awareness about workplace safety and the presence of strict occupational safety standards by government agencies such as OSHA. According to the Compressed Gas Association's G-7-1989 Commodity Specification and OSHA’s Title 29 of CFR, firms must design and enforce a respiratory protection program, and workers must use respirators to stay safe from occupational risks.
Product innovations to define the RPE market competitive scenario
3M, Drägerwerk AG & Co. KGaA, Kimberley-Clark Corp., Intech Safety Private Limited, Uvex Safety Group, Gentex Corporation, Honeywell International Inc., are some of the leading manufacturers of the respiratory protective equipment. These participants are prioritizing product innovations to expand their market presence.
To cite an instance, in May 2022, Honeywell International Inc., a U.S.-based multinational conglomerate, launched two new NIOSH-approved respiratory protection solutions, DC365 Small Surgical N95 Respirator and RU8500X series to cater to the needs of healthcare worker. The new product launch to help the firm expand its PPE catalogue for healthcare workers.