Sales of personal protective equipment are expected to increase to

0

The global protective equipment market is expected to reach $55.6 billion in 2022. However, with an increasing focus on improving worker safety across various industries, global personal protective equipment sales are expected to grow at a Healthy CAGR of around 6.3% between 2022 and 2032, totaling over $96.4 billion by 2032.

PPE stands for Personal Protective Equipment, which includes items such as protective clothing, helmets, goggles, gloves, face shields, masks, and other similar equipment that protects the body of the wearer from harm or injury. infections at work. They are now in high demand across a range of industries as tools to improve workplace safety.

Supply is stagnating despite significant efforts to increase production capacity, and the market situation has deteriorated, mainly due to the prolonged shutdown of factories in China. The World Health Organization (WHO) has further warned that severe and precipitous disruptions in the supply of PPE globally, caused by misuse, panic buying and storage, are life-threatening. healthcare professionals and patients at risk. The novel coronavirus disease is spreading rapidly in terms of cases.

Sample request @
https://www.futuremarketinsights.com/reports/sample/rep-gb-1060

As the inappropriate use and shortage of PPE continues, WHO has proposed several strategies to facilitate optimal PPE availability and standardize the supply chain. The use of telemedicine to assess suspected COVID-19 cases and physical barriers to reduce exposure and prevent healthcare workers not involved in direct care from coming into contact with COVID-19 patients. 19 are likely to minimize the need for PPE. Streamlined use and distribution of PPE along with rapid response to curb the spread of disease should therefore close the growing gap between supply and demand for PPE.

US urges nations to increase production of PPE, China to lift new export restrictions on medical supplies

North America and Europe remained key markets for personal protective equipment for medical and industrial applications, with major players increasing their presence in developing Asia-Pacific countries such as China and the United States. India. Rapid industrialization, low operating costs and cheap labor in these countries have ensured a stable supply chain for global market players.

However, the scenario changes drastically amid the coronavirus outbreak and the subsequent lockdown of factories. As the United States faces a historic rise in the number of patients seeking treatment for COVID-19, the government is using federal powers to force local companies to manufacture, urging other countries to ramp up production of PPE and seeking to purchase all significant quantities of PPE producing countries can save.

China’s new restrictions on coronavirus-related medical supplies, including personal protective equipment – which only allow accredited manufacturers to sell their products with China for export to other countries – came amid growing concerns regarding the quality of various Chinese medical products. However, the country promises to lift the restrictions as several countries are still battling COVID-19 with a massive shortage of essential medical supplies. This, in turn, is expected to influence the growth prospects of the global personal protective equipment market.

Talk to our research expert @
https://www.futuremarketinsights.com/ask-question/rep-gb-1060

COVID-19 redirects the scope of personal protective equipment

Governments and healthcare organizations around the world are increasingly collaborating with manufacturers and suppliers to bridge the gap between supply and demand for PPE. However, these manufacturers face significant hurdles due to the unavailability of raw materials and outbound logistics amid expansive airline lockdowns and restrictions on export business.

In addition to making critical decisions to normalize the situation, manufacturers are currently halting production of industrial PPE such as industrial safety, chemical resistant gloves and welding helmets and focusing on products for medical use. However, innovations are on the horizon for smart personal protective equipment to provide real-time information, minimize exposure to hazards, and allow adjustments to internal and external conditions. After the standardization of the supply chain, the demand for PPE will continue to grow along with the increase in mining activities and the development of infrastructure.

PPE Market – Competitive Landscape

A section of the IMF report covers detailed profiles of major players active in the Personal Protective Equipment (PPE) Market in which product portfolio, new launches, development strategies and regional footprint have been provided. Some of these players include 3M Company, Rahman Group, Golden Chang, Oftenrich Holdings Co. Ltd, JSP Ltd., Interspiro, Honeywell Life Safety, Ansell Healthcare Products LCC, Gateway Safety Inc., Wells Lamont Industry Group, Avon Rubber pic, JAL Group, COFRA Holding AG, Avon-ISI, Alpha Pro Tech Ltd., Eurodress GmBH, Bekina NV, Jallatte Group and Z and V Group.

Unit number: 1602-006
Jumeirah Bay 2
Parcel number: JLT-PH2-X2A
Jumeirah Lakes Tours
dubai
United Arab Emirates
For sales inquiries: [email protected]
Last report: https://www.futuremarketinsights.com/reports/

Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 10 years.

This press release was published on openPR.

Share.

Comments are closed.