PPE Market in the US 2016-2020
PPE is a specially designed wearable gear that offers protection from workplace hazards such as chemicals, biohazards, fire, and electrical hazards. It constitutes a range of products with distinct functions — safety gloves for hand protection, safety eye wears for eye protection, ear muffs and ear plugs for hearing protection, safety harnesses for fall protection and so on. It is used as the last line of defense against workplace hazards and ensures the maximum protection of the wearer.
Technavio’s analysts forecast the PPE market in the US to grow at a CAGR of 7.80% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the PPE market in the US for 2016-2020. To calculate the market size, the report considers the the revenue generated from the sales of PPE at the manufacturer level.
The market is divided into the following segments based on end user industry:
Technavio Announces the Publication of its Research Report – PPE Market in the US 2016-2020
Technavio recognizes the following companies as the key players in the PPE market in the US: Honeywell, 3M, DuPont, and Kimberley Clark.
Other Prominent Vendors in the market are: Alpha ProTech, Ansell, CarbonX, Chicago Protective Apparel, Cintas, Ergodyne, Global Glove and Safety Manufacturing, ILC Dover, John Tillman, Kappler, Lakeland Industries, Magid, MCR Safety, MSA Safety, National Safety Apparel, Oberon, Radians Safety, Weldas, Steel Grip, and Sellstrom.
Commenting on the report, an analyst from Technavio’s team said: “Growth of PPE rental services will be a key trend for market growth. An increasing number of end-users of PPE are opting for rental services offered by vendors and distributors in the market. Rental PPE is beneficial for customers, who need the product only temporarily and wishes to avoid the higher cost of purchasing PPE. Rental services also help optimize customer budget and worker safety. The costs for the necessary maintenance of PPE are borne by the PPE rental company, reducing the burden on end-users.”
According to the report, increasing demand from healthcare sector will be a key driver for market growth. The US healthcare industry offers high-quality professional care and is known for medical innovations. The industry employs physicians, nurses, researchers, laboratory workers, social workers, housekeeping staff and others, who are exposed to biological and chemical hazards such as infections, chemical splashes, pathogens, and accidental spills. Key PPE that registers a strong demand from the healthcare industry include protective gloves, masks, safety goggles, shoe covers, and full face respirators.
Further, the report states that like other developed countries, mechanization in the US has increased tremendously over the past decade. Major man-powered sectors such as agriculture, mining, and manufacturing are witnessing rapid automation, causing disruptions in the labor market. An increasing number of these industries are deploying intelligent algorithms and semi-autonomous robots to increase productivity. The substitution of manpower with automated solutions is a challenge for vendors of PPE in the US.
Honeywell, 3M, DuPont, Kimberley Clark, Alpha ProTech, Ansell, CarbonX, Chicago Protective Apparel, Cintas, Ergodyne, Global Glove and Safety Manufacturing, ILC Dover, John Tillman, Kappler, Lakeland Industries, Magid, MCR Safety, MSA Safety, National Safety Apparel, Oberon, Radians Safety, Weldas, Steel Grip, Sellstrom.