Hand protection was the leading product segment and accounted for 22.6% of total market revenue in 2014. Rising number of hand cuts, arm injuries and abrasions in workplace are expected to fuel market demand over the forecast period. Fall protection was the fastest growing product segment at an estimated CAGR of 7.7%. Increasing occupational fatalities coupled with rising protective clothing requirement in most of the core industries such as oil & gas, refining, metal manufacturing and automotive is expected to augment market growth of the protective clothing segment over the forecast period.
Technological innovation, along with changing consumer need for protective equipment which combines safety with fashion and attractiveness is further estimated to augment market expansion.
Further key findings from the study suggest:
Global personal protective equipment market was valued at USD 35,942.5 million in 2014 and is expected to reach USD 62,450.8 million by 2022, growing at a CAGR of 7.2% from 2015 to 2022.
Manufacturing was the most dominant end-use industry for personal protective equipment market and accounted for 20.5% of total market revenue in 2014. Rapid industrialization in emerging economies of Asia Pacific and Middle East is expected to drive this segment over the forecast period. Construction is anticipated to be one of the fastest growing end-use industries for personal protective equipment over the forecast period.
North America emerged as the leading regional market and accounted for 41.2% of total revenue in 2014. Favorable regulations regarding the use of PPE particularly in the U.S. can be attributed to large market size of the region. Asia Pacific is expected to witness the highest growth of 7.9% from 2015 to 2022. Growing manufacturing and construction industries particularly in China, India and Indonesia is expected to fuel the regional demand over the next seven years.
Related Reports On Materials:
Global TPO Waterproofing Industry 2015:
http://www.hexareports.com/report/global-tpo-waterproofing-industry
Insulation Industry Forecasts – China Focus:
http://www.hexareports.com/report/insulation-industry-forecasts-china-focus
Global PPE market is fragmented on account of presence of both large multinational corporations and small regional companies. Some key companies operating in the global PPE market include Honeywell Life Safety, 3M Company, Jallatte Group, Wells Lamont Industry Group, Z &V Group, Eurodress GmbH, Gateway Safety Inc., Avon-ISI, Ansell Healthcare Products LLC, Bekina NV and Alpha Pro Tech Ltd.
For the purpose of this study, Grand View Research has segmented the personal protective equipment (PPE) market on the basis of product, end-use and region:
Global Personal Protective Equipment (PPE) Product Outlook (Revenue, USD Million, 2012 – 2022)
Head, Eye and Face Protection
Hearing Protection
Protective Clothing
Respiratory Protection
Protective Footwear
Fall Protection
Hand Protection
Others
Request a Sample copy of this Report at:
http://www.hexareports.com/sample/42601
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Personal protective equipment (PPE) – Industry Summary and Key Buying Criteria, 2012 – 2022
Chapter 3. Personal Protective Equipment (PPE) Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects
3.3. PPE- value chain analysis
3.3.1 Vendor landscape
3.4. Technological Outlook
3.5. PPE regulatory/legislative framework
About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe.We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Media Contact
Company Name: Hexa Reports
Contact Person: Ryan Shaw
Email: Send Email
Phone: 1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: http://www.hexareports.com/report/neurostimulation-devices-market/details