Global Respiratory Protection Equipment Market to Reach $29.6 Billion by 2030
The global market for Respiratory Protection Equipment estimated at US$19.2 Billion in the year 2023, is expected to reach US$29.6 Billion by 2030, growing at a CAGR of 6.4% over the period 2023-2030. Air Purifying Respirators, one of the segments analyzed in the report, is expected to record 5.9% CAGR and reach US$15.3 Billion by the end of the analysis period. Growth in the Supplied Air Respirators segment is estimated at 7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.1 Billion, While China is Forecast to Grow at 9.6% CAGR
The Respiratory Protection Equipment market in the U.S. is estimated at US$5.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2030 trailing a CAGR of 9.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 5.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
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