Personal Protective Equipment Market will Offer a Lucrative Opportunity of US$ 64.2 billion by 2027| MarketsandMarkets™ Study

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Personal Protective Equipment Market will Offer a Lucrative Opportunity of US$ 64.2 billion by 2027| MarketsandMarkets™ Study

February 02
21:30 2023
Personal Protective Equipment Market will Offer a Lucrative Opportunity of US$ 64.2 billion by 2027| MarketsandMarkets™ Study
Browse 220 market data Tables and 67 Figures spread through 285 Pages and in-depth TOC on “Personal Protective Equipment Market”
Personal Protective Equipment Market by Type (Hands & Arm Protection, Protective Clothing, Foot & Leg Protection, Respiratory Protection, Head Protection), End-Use Industry (Manufacturing, Construction, Oil & Gas, Healthcare)

The global personal protective equipment market will be  USD 64.2 billion by 2027, at a CAGR of -1.3% from USD 68.5 billion in 2022. Personal protective equipment market had a huge demand from healthcare industry in 2020 and 2021, due to the outbreak of Covid-19. During the COVID-19 pandemic, face masks, gloves, face shields and other personal protective equipment were employed as a public and personal health control measure against the spread of SARS-CoV-2. Their use is intended as personal protection to prevent infection and as a source to control and limit the transmission of the virus in a community or healthcare setting. 

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Honeywell International Inc. (US), DuPont De Nemours, Inc. (US), 3M Company (US), Lakeland Industries, Inc. (US), Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), Radians Inc. (US), Kimberly-Clark Corporation (US), Ansell Ltd. (Australia), and MSA Safety Inc. (US), among others are the major players in this market.

Honeywell International Inc. offers products across the buildings, personal safety, vehicles, footwear, industrial, manufacturing, aerospace & defense, oil & gas, security & fire, healthcare & medical, chemicals, and specialty material industries, among others. The company operates through the following business segments, namely, Aerospace, Performance Materials & Technologies, Honeywell Building Technologies, and Safety & Productivity Solutions. The company offers personal protective equipment through the Safety & Productivity Solutions segment. Honeywell International Inc. operates in approximately 750 locations, of which 210 are manufacturing sites.

  • In May, 2022, Honeywell International Inc. launched two new NIOSH-certified respiratory offerings DC365 & RU8500X series masks to help meet the needs of healthcare workers. The new products expand Honeywell’s personal protective equipment (PPE) portfolio.
  • In February 2022, Honeywell International Inc. announced a commercial partnership with AstraZeneca to develop next-generation respiratory inhalers that use near-zero global warming potential (GWP) propellants to treat asthma and chronic obstructive pulmonary disease (COPD).
  • In September 2020, Honeywell International Inc. announced that NFLs Carolina Panthers and Honeywell International Inc. are collaborating to create a safer stadium experience by offering individual personal protective equipment (PPE) packs for Panthers fans and staff, as well as deploying air quality monitoring solutions, via a custom real-time Healthy Buildings dashboard.

DuPont de Nemours, Inc. is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life by applying diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, building & construction, healthcare, and worker safety. The company’s worldwide operations are managed through global businesses which are currently reported in four reportable segments, namely, Electronics & Industrial, Water & Protection, Mobility & Materials, and Corporate. The company offers personal protective equipment through the Water & Protection segment.

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  • In August 2020, DuPont de Nemours, Inc. announced collaboration with Home Depot (US) to donate rolls of Tyvek 1222A to Kaiser Permanente to manufacture PPE products for the COVID-19 crisis.
  • In April 2020, DuPont de Nemours, Inc. expanded its business by launching a new program, TyvekTogether, to increase the overall availability of Tyvek personal protective garments in the companys continued efforts to help combat the spread of COVID-19 and protect healthcare workers. The company is expected to supply Tyvek material to other PPE manufacturers in the COVID-19 scenario.

3M Company is a diversified global manufacturer, technology innovator, and marketer of a wide variety of products and services such as abrasives, personal safety, advanced materials, commercial solutions, drug delivery, food safety, home care, consumer health & safety, and others. The company is listed on the New York Stock Exchange, Inc. (NYSE), the Chicago Stock Exchange, Inc., and the SWX Swiss Exchange. The company operates its business through four segments, namely, Safety & Industrial, Transportation & Electronics, Healthcare, and Consumer. It offers personal protective equipment through the Safety & Industrial segment.

  • In May 2022, 3M Company announced an expansion to grow its plant in Valley, Nebraska.  The Company is investing approximately USD 58 million to fund the 80,000 square foot expansion that is expected to create approximately 50 new jobs at the facility. This facility is expected to produce respiratory and hearing protection products.

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