Technavio Announces the Publication of its Research Report Global Personal Protective Equipment (PPE) Market 2016-2020
Technavio recognizes the following companies as the key players in the global personal protective equipment (PPE) market: Ansell, Honeywell, 3M, and MSA Safety.
Other Prominent Vendors in the market are: DuPont, Lindström, Alpha ProTech, Avon Rubber, and Johnson Safety Products.
Browse full report with TOC@ https://marketreportscenter.com/reports/374185/global-personal-protective-equipment-market-2016-2020
Commenting on the report, an analyst from Technavios team said: The increasing environmental awareness across businesses is encouraging consumers to reduce their carbon footprint. With this trend gaining momentum across industries, more and more vendors are employing green materials and processes in manufacturing PPE. Vendors are able to reduce the production costs of several types of PPE by decreasing the consumption of water and non-productive electricity. Vendors are also exploring options to reduce wastage and minimize the use of resources derived from petrochemicals. The growing demand for greener products and processes will lead manufacturers to adopt new technologies to design PPE.
According to the report, growing awareness of employee safety will be a key driver for market growth. The awareness among the employers and employees of the hazards that they are exposed to at the workplace has increased significantly over the past decade. Several safety awareness training programs are conducted frequently to ensure that the employees are aware of the safety risks as well as the measures to avoid injury or health hazards. The focus of employers on employee health and safety has also increased. This has prompted several employers to make PPE mandatory under certain working conditions. The awareness of PPE is rising among industrial and residential end-users. More than 43 million do-it-yourselfers undertook improvement projects in 2014, of which one out of five reported injuries while doing home maintenance projects. This has increased the household purchasing of basic protective equipment such as gloves and safety goggles.
Further, the report states that in terms of compliance, safety eyewear is the category of PPE that challenges the vendors the most. Comfort and fit issues that vary from one consumer to another have contributed to low wearer compliance. Additionally, style-conscious wearers may become non-compliant if the design is not appealing. The lack of comfort and fit and the consequent consumer non-compliance remain a key concern to employers, especially in developed regions due to stringent worker safety regulations. Moreover, employers in these regions suffer financial losses as well as legal complications in the event of employee injuries. In contrast, vendors in emerging markets face the challenge of low adoption of PPE as employee safety regulations are often not enforced.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/374185
About PPE Market
The global PPE market is primarily driven by an increase in the demand from APAC, where international companies are initiating stringent safety programs in their countries of operation. Certain countries in this region, such as Japan, Australia, and New Zealand, have well-defined government regulations on worker safety, which contribute to market growth. The manufacturing and construction industry in APAC is outperforming the global manufacturing and construction industry and will drive the demand for PPE over the forecast period. Stringent government regulations on worker health and safety also play a key role in the growth of this market.
Technavios analysts forecast the global personal protective equipment (PPE) market to grow at a CAGR of 7.72% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global personal protective equipment (PPE) market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of PPE for different applications.
The market is divided into the following segments based on geography:
Technavio’s report, Global Personal Protective Equipment (PPE) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
To Get Discount On The Report @ https://marketreportscenter.com/request-discount/374185
Connect for more details:
Market Reports Center