August 31, 2020
According to the research report titled ‘Global Safety and Protective Equipment Market Analysis By Product Type, By End User, By Region, By Country Market Insights and Outlook Post Covid-19 Pandemic (2020-2025) -.’, available with Market Study Report, global safety and protective equipment market was worth USD 50.05 billion in 2019 and is projected to register an appreciable growth rate over the analysis period.
Global safety and protective equipment market is majorly driven by government initiatives geared towards the safety of workers. Rising consumer awareness and growing demand for multipurpose safety & protective equipment is further adding momentum to the industry growth. Besides, proliferating cases of COVID-19 are further enhancing the product demand, cites the study.
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Based on product type, global safety and protective equipment market is categorized into head, eye, & face protection, hand protection, protective clothing, respiratory protection, and others. As per the report, hand protection segment is gaining popularity worldwide and is expected to witness significant growth over the forecast period.
Elaborating on end-user spectrum, global safety and protection equipment market is fragmented into manufacturing and construction, chemicals, oil & gas, healthcare & pharmaceuticals, and others. Among these, manufacturing and construction segment is expected to accrue notable returns in the upcoming years.
Considering the regional outlook, global safety and protection equipment market is fragmented into Americas, Europe, and Asia Pacific. Americas market is projected to showcase a high growth rate throughout the forecast duration, attributable to favorable government regulations and rising cognizance pertaining to worker safety.
Key players operating in worldwide safety and protective equipment market are Mallcom Ltd., Gateway Safety, Inc., Lakeland Industries, Inc., Kimberly-Clark Corp., Alpha Pro Tech Ltd., Dupont, Ansell Ltd., Honeywell International Inc., MSA Safety, and 3M Company.