Europe Personal Protective Equipment (PPE) Market to Rise at CAGR of 4.82% by 2026 with Strict Regulatory Guidelines Set by OSHA
Los Angeles, CA -- (SBWire) -- 10/11/2021 --QY Research published a report to present a thorough analysis of the Europe personal protective equipment market. The report is titled "Europe Personal Protective Equipment (PPE) Market Size, Status and Forecast 2019-2026". The Europe personal protective equipment market was valued at US$10370.09 mn in 2018. It is expected that the market will reach US$ 15113.37 mn by the end of 2026 growing at CAGR of 4.82%.
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Personal protective equipment offer safety from serious harm or injury at workplace. The types of personal protective equipment available in the market are gloves, goggles, face shields, gowns, masks, head covers, shoe covers, respirators, fall protection and hearing protection, each used for different applications. Petrochemical, mining, oil, gas industries and many other industries have adopted stringent safety majors to avoid fatal injuries. Moreover, the U.S. department of Labour and Occupational Safety and Health Administration (OSHA) has set strict regulatory guidelines, which will substantially impact the market growth.
Hand Protective Safety Gear to Augment Market as Demand Remains High in Various Industries
Hand protective safety gear had the lion's share in the personal protective equipment market in past two years. Chemical and industrial workers are exposed to high risks related to handling hot objects, corrosive chemicals and heavy duty tools. Hand gloves are most vital application in workplace as they prevent needle stick or puncture injuries, provide protection from hazardous chemicals and temperature changes, prevent cuts, and burns and infection from biological substances. As industrial safety is important part of various industries, personal protective equipment market will have high growth opportunities during the forecast period.
Personal Protective Equipment (PPE) Specialists to Drive Market due to their Highly Qualified Expertise
PPE specialists provides high quality expertise for PPE business development and product innovation. Their services include sales development, product training, and project work consultancy amongst others. Major industries seek for such knowledgeable and experienced services, which will increase the personal protective equipment market further.
North America to Lead with Rising Industries and Workplace Facilities
North America is the key player for personal protective equipment as this region has high industrial development and demand for workplace facilities. Moreover, strict regulation imposed by regulatory bodies such as OSHA have a dominant impact on utilization of safety applications. This will drive the personal protective equipment market further during forecast period.
Europe Personal Protective Equipment (PPE) Market Competitive Landscape
Top players driving the market are focusing on product innovation and adopting strategies. Companies like Honeywell International Inc., have led the market to success by building technologies. In December 2019, Honeywell announced to have acquired Rebellion Photonics which will help them maximize operational performance and safety. Rebellion will be offering AI driven monitoring platform that automatically detects gas leaks, fire etc., to keep workers safe from injuries.
The other key players operating in the Europe personal protective equipment market are 3M, DuPont, Drger, Msa Safety, Ansell, Kimberly-Clark, Delta Plus, Protective Industrial Products, Moldex-Metric, Avon Rubber, COFRA, JAL Group, and Lakeland Industries.
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