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Wednesday Jul 18, 2018
Wednesday Jul 18, 2018
The Global Personal Protective Equipment (PPE) market size was valued at US $38.38 Billion in 2015 and is expected to reach US $68.69 Billion by 2024, according to a new report by Grand View Research, Inc.
Rising awareness towards worker health and safety along with increasing industrial fatalities in rising economies of India, Vietnam, and China owing to lack of protective gear is anticipated to drive the global market over the forecast period.Technological innovation, coupled with shifting consumer preference towards protective equipment which combines fashion with safety is further estimated to drive market expansion. Executive management in industrial firms has been becoming proactive regarding employee health & safety. The stringent regulatory framework in economies such as the U.S. and the UK has been forcing companies to follow strict safety norms to avoid occupational hazards.
Key companies operating in the global personal protective equipment industry include Ansell Ltd, 3M Company, Honeywell, Alpha Pro Tech Limited, Avon Rubber PLC, COFRA Srl, Oftenrich Holdings Company Ltd., Uvex Safety Group, and Rock Fall Limited.
Get Exclusive PDF Brochure Here: Global PPE Market: Personal Protective Equipment (PPE) Market
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