Personal Protective Equipment (PPE) Market Size, Share & Trends Analysis Report by Product (Hand Protection, Eye Protection), By End-use (Construction, Manufacturing), By Region, And Segment Forecasts, 2024 - 2030

Research Methodology

A three-pronged approach was followed for deducing the personal protective equipment market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for personal protective equipment market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of personal protective equipment market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Personal Protective Equipment Market Categorization:

The personal protective equipment market was categorized into three segments, namely product (Head Protection, Eye Protection, Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection), end-use (Construction, Manufacturing, Oil & Gas, Chemicals, Food, Pharmaceuticals, Healthcare, Transportation, Mining), and region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa)

Segment Market Methodology:

The personal protective equipment market was segmented into product, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The personal protective equipment market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into twenty-three countries, namely, the U.S.; Canada; Mexico; France; Germany; Italy; Russia; Scandinavia; Spain; the UK; China; India; Japan; South Korea; Indonesia; Australia; Thailand; Malaysia; Brazil; Argentina; Saudi Arabia; UAE; South Africa.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Personal protective equipment market companies & financials:

The personal protective equipment market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• FallTech - The company offers fall protection equipment and products such as innovative and top-of-the-line SRLs, connectors, anchors, lashing devices, spacer systems, horizontal lifelines, rescue tools, and accessories. FallTech has its own ISO 17025 certified testing laboratory, and the company's products are certified to ANSI, CSA, and OSHA standards. In addition, the company has the ISO 9001:2015 Quality Management System certification. This certification ensures the company meets ANSI, CSA, and OSHA requirements. It creates strong and durable products to reduce exposure to defeated hunting forces. The company's product portfolio includes anchorages, body wear, connectors, accessories, enclosures, systems, fall protection, structures, mitigation, and packaging. The company has approximately 200 employees and a presence throughout North America.

• 3M - The company trades on the New York Stock Exchange under the symbol MMM. Our products are distributed worldwide through an extensive distribution network that includes direct and third-party distribution channels, including retailers, sellers, buyers, sellers, and carriers. The company's PELTOR division manufactures head and eye protection, hearing care, and speech protection products. The Security and Industrial business group offers abrasives, adhesives and tapes, fasteners and concealment systems, tiles, and automotive markets, focusing on the electrical, industrial, and security markets. The Healthcare business group focuses on the healthcare industry and includes pharmaceuticals, separation and purification science, oral care, drug delivery, and health information systems. The Consumer business group includes Home Care, Home Improvement, Consumer Health Care, Stationery, and Office Supplies. The Transportation and Electronics business segment includes advanced materials, automotive and aerospace, electronics, vehicle safety, and business solutions, targeting transportation and electronics OEMs.

• Lakeland Industries, Inc. - The company manufactures various protective clothing and accessories for industrial and public use. Its product range mainly includes disposable, fire-resistant, chemical protective, aluminum industrial thermal protective, and woven and anti-static clothing. Protective equipment offered by the company consists of aprons, shirts, hand guards, pants, lab coats, trousers, and accessories such as Kevlar gloves, equipment bags, boots, and cylinder guards. The company serves its products to various end-use industries such as chemical/petrochemical, medical, automotive, construction, industrial manufacturing, and government agencies. The company's subsidiaries include SafeGard GP, SafeGrad 76, MicroMax, and Micro Max NS. The company expanded its facility in Decatur, Alabama, by approximately 36,000 square feet to increase storage capacity for finished products and raw materials. The company is represented in important countries such as Canada, the United States, Mexico, Chile, Argentina, India, China, Australia, and several countries in the Middle East and Europe.

• DuPont (E. I. du Pont de Nemours and Company) - The company operates through six segments: Agricultural Products, Premium Materials, Food and Personal Care, Personal and Process Safety, Polymers and Fibers, and Industrial Biotechnology. It serves various end-use sectors such as food and beverage, agriculture, electronics and communications, safety and security, packaging and printing, chemicals, shipping, mining, energy, apparel, automotive, aerospace, construction, government and public sector, healthcare and medical, and manufacturing and industry. The company's product range includes adhesives, advanced printing solutions, clean technologies, construction materials, consumer goods, electronic solutions, fabrics, fibers and non-wovens, home gardening and car care, industrial films, medical equipment and materials, packaging materials, and solutions, and personal protection equipment, resins and aqueous solutions. The company markets its personal protective equipment under brands such as Nomex, Kevlar, Tyvek, and Tychem. In response to the COVID-19 pandemic, the company increased its production capacity at 19 garment factories worldwide to produce approximately 9 million garments per month. The company also produces ventilators and other critical health equipment, N95 face masks, 3D printed face shields, and hand sanitizers by supplying raw materials or manufacturing with cooperation partners. The company has a global presence in North America, Southeast Asia, Europe, South America, Australia, and Africa.

• Honeywell International, Inc. - The company operates a variety of components and manufactures technologies for safety, energy, productivity, and security applications. It provides a variety of safety equipment, including PPE, to various end-use industries, including manufacturing, chemicals, oil and gas, food service, and agriculture. The company develops its commercial activities in four divisions: Aerospace, Honeywell Manufacturing Technology, Performance and Technologies, and Safety and Product Solutions. The company sells its products under brands such as Mutex, Spacel, MURUROA, Deltasafe, and Multisafe. The company also offers a range of technical clothing and accessory solutions, including apparel, suits, air purification systems, gloves, helmets, hearing aids, and respiratory protection. It also offers high-performance materials and technologies, building and construction technologies, safety and productivity solutions, and customized products for the aviation sector. The company has a global presence in North America, Asia, Europe, South America, Australia and Africa.

• Alpha Pro Tech Limited. - The company operates through three business segments: Home Furnishings, Pest Control, and Protective Clothing. With vertical manufacturing centers in Arizona, Utah, and Georgia, we produce fresh, high-quality products. The company offers domestic trucks, roof coverings, and woven products in the construction industry segment. The protective clothing category offers hats, lab coats, jackets, shoe covers, and gowns. The company supplies products to pharmaceutical, medical device, and high-end electronics companies that need protective clothing and equipment for their employees.

• Ansell Ltd. - The company offers security equipment and solutions and operates in three business segments: industrial, medical, and non-profit. The company provides protection products and solutions to various industries, including construction, oil and gas, mining, healthcare, engineering, life sciences, food processing, military, and chemicals. The healthcare sector provides medicines, drugs, test kits, and medical devices. The industrial sector offers protection solutions such as jackets, clothing, gloves, and respiratory products. The company provides financial protection solutions for specific job profiles, such as guards and call centers. It offers products under several brand names, including AlphaTec, Activarmr, Projex, Microflex, Encore, Gammex, Sandel, Micro-Touch, and Viking. The company has increased its manufacturing and distribution capabilities to provide PPE, including hand, body, respiratory, and eye protection, to healthcare professionals during the COVID-19 pandemic.

• Avon Rubber plc - The company offers dairy solutions and chemical, biological, radiological, nuclear (CBRN), and respiratory protection systems through its two business units: Milkrite/InterPuls and Avon Protection. The company supplies products to various industries such as marine, military, defense, minerals, and oil extraction. The company is involved in designing and developing advanced chemical combinations and CBRN systems for home security, military, firefighting, first responder, and industrial applications. The company is also engaged in manufacturing dive computers and diving rebreather systems. It has regional sales and manufacturing units in Europe, North America, and Asia Pacific. The company operates in more than 90 countries through 10 locations. It has regional sales and manufacturing units in Europe, North America, and Asia Pacific.

• Mallcom (India) Limited. - The company has a manufacturing facility in Kolkata and manufactures, distributes, and exports various personal care products, including head, hand, foot, and body care. Mallcom (India) Ltd. is a Star Marketing Center recognized by the Government of India. In 1994, Mallcom (India) listed its IPO through the Calcutta and Delhi stock exchanges. Synthetic raw materials have also been introduced to manufacture nitrile gloves (NBR). We have certifications such as ISO 9001:2015, ISO 9001:2008, and SA 8000:2008. The company is present in more than 50 countries on six continents. The company offers a wide range of protective equipment such as helmets, goggles, clothing, raincoats, leather jackets, nitrile gloves, shoes, goggles, hearing protection, breathing sleeves and harnesses. These products are used in various industries such as construction, engineering, oil and gas, petroleum, construction, and chemicals. The company's area is about 500,000 square meters spread over seven locations established in West Bengal. Mallcom produces approximately one million pairs of leather gloves and 1.5 million nitrile gloves monthly.

• Mine Safety Appliances (MSA) Company - The company develops, manufactures, and distributes safety products to protect people and structures from workplace accidents. The company offers a wide range of integrated products that combine mechanical systems, advanced materials, and electronics to protect customers from various risks in the workplace. It supplies products to multiple industries, including firefighting, oil, mining, construction, military, and transportation. In addition, we also offer safety products such as flame detection systems, gas detection systems, respirators, head protection, portable gas detection devices, and fall protection.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Personal Protective Equipment Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2023, historic information from 2018 to 2023, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Personal Protective Equipment Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.