New York, November 22, 2021 – Reports and Data has published its latest report titled “Respiratory Protective Equipment (RPE) Market, By Product Type (Air-purifying Respirators, Supplied-air Respirators), By End-use (Healthcare, Defence & Public Safety Services, Oil & Gas, Mining, Construction, Others), By Sales Channel (Direct/Institutional Sales, Retail Sales), and By Region, Forecast to 2028”
Rapid industrialization across the world and stringent regulatory policies regarding workplace safety are among the key factors bolstering the global market revenue growth
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According to Reports and Data, the global respiratory protective equipment (RPE) market size was USD 6.45 billion in 2020 and is expected to reach USD 11.12 billion in 2028 and register a revenue CAGR of 7.3% during the forecast period, 2021-2028.
Drivers, Restraints, and Opportunities:
The global respiratory protective equipment (RPE) market revenue growth is majorly supported by factors such as rising prevalence of chronic respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, pulmonary fibrosis, and lung cancer; rapid spread of severe infectious diseases such as the novel coronavirus disease; increasing industrial activities worldwide; and increasing use of respiratory protective equipment across healthcare facilities, oil & gas or chemical plants, construction sites, and other industrial settings. Rising awareness about respiratory health, stringent workplace safety regulations and norms enforced by regulatory bodies such as the Occupational Safety and Health Administration (OSHA), and technological advances in RPEs in terms of quality, durability, and effectiveness are other key factors expected to bolster the global respiratory protective equipment (RPE) market revenue growth in the near future.
COVID-19 Impact Analysis:
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
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Powered Air-purifying Respirators Segment to Account for Largest Revenue Share:
Based on product type, the powered air-purifying respirators segment is expected to amass the largest revenue share in the global respiratory protective equipment (RPE) market over the forecast period. The powered air-purifying respirators increase employees’ productivity by reducing stress and fatigue, in addition to providing protection against hazardous gases and particles travelling in the air. The motor blowers in these respirators use air-purifying elements and release ambient air.
Rising demand for powered air-purifying respirators among industrial workers and corporate employees – especially during the ongoing pandemic – is a key factor expected to drive the growth of this segment.
Healthcare Segment Dominated Other End-use Segments in 2020:
Among end-use segments, the healthcare segment was the most dominant in terms of revenue share in the global respiratory protective equipment (RPE) market in 2020. Increasing cases of severe infectious diseases including COVID-19 worldwide, massive increase in demand for respiratory protective equipment such as N95 respirators among frontline healthcare workers and general public, and implementation of stringent COVID-19 safety measures in healthcare facilities are the major factors contributing to this segment’s growth.
Asia Pacific to Account for the Fastest Revenue Growth Rate:
Among regional markets, the Asia Pacific respiratory protective equipment (RPE) market is projected to register the fastest revenue CAGR in the global market over the forecast period. Factors such as rapid spread of the novel coronavirus disease, surging demand for respiratory protective equipment among people, especially frontline healthcare workers, increasing industrial activities – particularly in developing APAC countries including India, China, and Indonesia – and growing use of RPEs across industrial settings are expected to boost the regional market growth. Increasing disposable incomes and higher spending on personal protective equipment during the pandemic are other major factors driving the Asia Pacific market growth.
Major Companies in the Global Respiratory Protective Equipment (RPE) Market Include:
- 3M
- Honeywell International, Inc.
- Alpha Pro Tech Ltd.
- Ansell Ltd.
- Avon Rubber Plc
- MSA Safety, Inc.
- Intech Safety Pvt. Ltd.
- Delta Plus Group
- Bullard
- ILC Dover LP
- DuPont
- Kimberly-Clark Corporation
- Polison Corporation
- Uvex Safety Group
- Gateway Safety, Inc.
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Market Segmentation:
For the purpose of this report, Reports and Data has segmented the global respiratory protective equipment (RPE) market based on product type, end-use, sales channel, and region:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Air-purifying Respirators
- Unpowered Air-purifying Respirators
- Disposable Filtering Half Mask Respirators
- Half Mask Respirators
- Full Face Mask Respirators
- Powered Air-purifying Respirators
- Half Mask Respirator
- Full Face Mask Respirator
- Helmets, Hoods, Visors
- Escape Respirators
- Supplied-air Respirators
- Self-contained Breathing Apparatus
- Full Face Masks
- Airline Respirators
End-use Outlook (Revenue, USD Billion; 2018-2028)
- Healthcare
- Defence & Public Safety Services
- Oil & Gas
- Mining
- Construction
- Others
Sales Channel Outlook (Revenue, USD Billion; 2018-2028)
- Direct/Institutional Sales
- Retail Sales
Regional Outlook (Revenue, USD Billion; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- E.A
- South Africa
- Israel
- Rest of Middle East & Africa
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Some points on how the report benefits stakeholders:
- The reports include historical (2018–2020) and forecast (2021–2028) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2028.
- The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
- The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.
- Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc.
- The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
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