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May 26, 2020 5:00 PM ET

Personal Protective Equipment Market predictable to reach USD 72.1 billion by 2026, at a CAGR of 7.3 %

Personal Protective Equipment Market predictable to reach USD 72.1 billion by 2026, at a CAGR of 7.3 %

iCrowd Newswire - May 26, 2020

The Global Personal Protective Equipment Market was prized at USD 44.0 billion in 2019, and it is predictable to reach USD 72.1 billion by 2026, at a CAGR of 7.3%, over the forecast period.

Personal Protective Equipment is a security gear that defends the user beside injury dangers at workplace.  Personal Protective Equipment contains of range of products eminent to protect different parts of human body that are unprotected to thoughtful injuries at workplace. Employers are vigorously looking for Personal Protective Equipment for their employees as it aids them to protect extra expenditures on lost manufacture time, workers recompense and medical expenditures. Workers can bear wounds from contact with physical, radiological, electrical, chemical, mechanical or other workplace hazards.

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The growing blue-collar workforce, in line with an increasing number of construction and manufacturing projects, is probable to increase the danger of occupational hazards unavoidably. This has bound companies to surge the level of mindfulness relating to health hazards and adhere to professional fitness and safety rules. This is predictable to limb the request for personal protective equipment over the prediction period. Growing essential for breathing gear in mining, emergency response, military, and law implementation, healthcare, and fire services, coupled with increasing examples of wounds at the workplace, is expected to push the market over the coming years.

Europe has been the leading consumer of Personal Protective Equipment Market and is predictable to see cognitive development over the prediction period.  There has been a rising need for extremely real wear-and-tear-hardy and high-utility personal protective equipment in most core industries such as metal manufacturing, purifying, oil and gas, automotive. This, coupled with the increasing number of occupational injuries, is expected to augment the acceptance of personal protective equipment in the area over the prediction period.

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Increasing blue-collar workforce in line with growing number of construction and manufacturing projects is expected to inevitably raise the risk of occupational hazards. This has compelled companies to increase the level of awareness pertaining to health hazards and adhere to occupational health and safety regulations. This is projected to spur the demand for personal protective equipment over the forecast period.

The Occupational Safety and Health Act (OSHA) has teamed up with various health and safety organizations for unique ideas and solutions through the Workplace Innovator Award campaign. Such initiatives by agencies in collaboration with market players to improve safety standards is anticipated to stimulate demand for personal safety equipment growth over the coming years.

Some of the leading players operating in the global personal equipment safety market are 3M Co. (US), MSA Safety Inc. (US), Ansell Limited (US), Honeywell International Inc. (US), E I DuPont de Nemours and Co. (US), Kimberly-Clark Corporation (US), Lakeland Industries, Inc. (US), Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), and Radians, Inc. (US), among others.

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Keywords:    Personal Protective Equipment Market, Personal Protective Equipment Market Size, Personal Protective Equipment Market Share, Personal Protective Equipment Market Growth, Personal Protective Equipment Market Trends, Personal Protective Equipment Market Forecast

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