Personal Protective Equipment (PPE) Market in US will grow by USD 8.67 bn

LONDON--Technavio has been monitoring the personal protective equipment (PPE) market in US and it is poised to grow by USD 8.67 bn during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis.

Frequently Asked Questions:

Based on segmentation by product, which is the leading segment in the market?
Hand and arm protection is the leading product segment in the market.

What are the major trends in the market?
The growth of building and construction industry is a key trend in the market.

At what rate is the market projected to grow?
The market is expected to grow at a CAGR of almost 8% during the forecast period

Who are the top players in the market?
3M Co., Ansell Ltd., Chicago Protective Apparel Inc., Global Glove and Safety Manufacturing Inc., Honeywell International Inc., John Tillman Co., Magid Glove & Safety Manufacturing Co. LLC, MSA Safety Inc., Radians Inc., and SureWerx. are some of the major market participants.

What are the key market drivers and challenges?
The rising demand for PPE from the manufacturing industry will drive the growth of the market. However, the increasing workplace automation might hamper the market growth.

How big is the Hand and Arm Protection market?
The hand and arm protection market will contribute 26 % to the market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Ansell Ltd., Chicago Protective Apparel Inc., Global Glove and Safety Manufacturing Inc., Honeywell International Inc., John Tillman Co., Magid Glove & Safety Manufacturing Co. LLC, MSA Safety Inc., Radians Inc., and SureWerx. are some of the major market participants. The increasing demand for PPE from the manufacturing industry will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Personal Protective Equipment (PPE) Market in US 2020-2024: Segmentation

Personal Protective Equipment (PPE) Market in US is segmented as below:

  • Product
    • Hand And Arm Protection
    • Protective Clothing
    • Foot And Leg Protection
    • Respiratory Protection
    • Others
  • End-user
    • Manufacturing
    • OGM
    • Construction
    • Others

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41586

Personal Protective Equipment (PPE) Market in US 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The personal protective equipment (PPE) market in US report covers the following areas:

  • Personal Protective Equipment (PPE) Market in US Size
  • Personal Protective Equipment (PPE) Market in US Trends
  • Personal Protective Equipment (PPE) Market in US Industry Analysis

This study identifies growth of building and construction industry as one of the prime reasons driving the Personal Protective Equipment (PPE) Market growth in US during the next few years.

Personal Protective Equipment (PPE) Market in US 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist personal protective equipment (PPE) market growth in US during the next five years
  • Estimation of the personal protective equipment (PPE) market size in US and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the personal protective equipment (PPE) market in US
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of personal protective equipment (PPE) market vendors in US

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Hand and arm protection - Market size and forecast 2019-2024
  • Protective clothing - Market size and forecast 2019-2024
  • Foot and leg protection - Market size and forecast 2019-2024
  • Respiratory protection - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user placement
  • Manufacturing - Market size and forecast 2019-2024
  • OGM - Market size and forecast 2019-2024
  • Construction - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer landscape

  • Overview

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • Ansell Ltd.
  • Chicago Protective Apparel Inc.
  • Global Glove and Safety Manufacturing Inc.
  • Honeywell International Inc.
  • John Tillman Co.
  • Magid Glove & Safety Manufacturing Co. LLC
  • MSA Safety Inc.
  • Radians Inc.
  • SureWerx

APPEndix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com

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