, By Product (Head, Eye & Face Protection, Hearing Protection, Protective Clothing [Heat & Flame Protection, Chemical Defending, Cleanroom Clothing, Mechanical Protective Clothing, Limited General Use, Others], Respiratory Protection [Air-purifying Respirators, Supplied Air Respirators], Protective Footwear [Leather, Rubber, PVC, Polyurethane, Others], Fall Protection, Hand Protection [Disposable Gloves, Durable Gloves], Others), By End-Use (Construction, Manufacturing, Oil & Gas, Chemicals, Food, Pharmaceuticals, Healthcare, Transportation, Mining, Others), and Region
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, The Body Protection Equipment Market is projected to grow from USD 77.2 billion in 2020 to USD 119.2 billion by 2026 at a CAGR of over 7.7% during the forecast period.
Market Segments' Analysis
By product, the body protection equipment market has been classified into head, eye & face protection, hearing protection, protective clothing, respiratory protection, protective footwear, fall protection, hand protection, and others. Under these, the hand protection segment accounted for a significant market share in 2020. This is mainly attributed to the presence of risks associated with handling warm objects, corrosive chemicals, and heavy-duty equipment are expected to propel the demand for protective gloves in the food processing, construction, healthcare, oil & gas, and metal fabrication industries, thus bolstering the segment growth.
By region, the market in North America accounted for a significant market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is mainly ascribed to a strong presence of players who are constantly investing in improving technologies in the region. The segment growth is mainly driven by strong product adoption in the healthcare sector. Moreover, high product penetration in the U.S. is expected to be a stringent regulatory scenario along with hefty penalties for non-compliance with the standards that are forcing employers to adopt PPE, further proliferating regional growth.
The following are the key players in the Body Protection Equipment Market.
· 3M Company (US)
· Alpha Pro Tech Ltd. (Canada)
· Ansell Ltd. (Australia)
· Cintas Corporation (US)
· Cooper Tire & Rubber Company (US)
· DowDuPont, Inc. (US)
· Honeywell International, Inc. (US)
· Kimberly-Clark Corporation (US)
· Lakeland Industries, Inc. (US)
· Radians, Inc. (US).
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of Body Protection Equipment Market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Body Protection Equipment Market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
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