Respiratory Protective Equipment (RPE) Market Trends To Reach USD 10.37 Billion By 2027 With CAGR 7.5% Top Players like 3M, Honeywell International, MSA Safety, Dragerwerk, etc

April 09 23:56 2021
Respiratory Protective Equipment (RPE) Market Trends To Reach USD 10.37 Billion By 2027 With CAGR 7.5% Top Players like 3M, Honeywell International, MSA Safety, Dragerwerk, etc

Respiratory Protective Equipment (RPE) Market
The global respiratory protective equipment (RPE) market size is estimated to reach USD 10.37 Billion from USD 6.02 Billion in 2019, delivering a CAGR of 7.3% through 2027.

Massive industrial growth in Asia Pacific and Middle East & Africa regions, along with stringent regulatory policies promoting workplace safety, is driving the market growth.

Market Size – USD 6.02 Billion in 2019, Market Growth – CAGR of 7.5%, Market Trends – growing demand for RPEs amidst the coronavirus pandemic.

The global respiratory protective equipment (RPE) market size is estimated to reach USD 10.37 Billion from USD 6.02 Billion in 2019, delivering a CAGR of 7.3% through 2027. The market growth is driven by the introduction of stringent regulatory policies pertaining to workplace safety. According to a report of National Statistics Health & Safety Executives, nearly 12,000 workers die each year in the U.K., and 67% of the deaths are a result of high asbestos exposure. The safety standards set by the regulatory agencies like the OSHA (Occupational Safety and Health Administration), mainly in North America and Europe, are bolstering the demand for respiratory protective equipment from the industrial workplaces.

The expansion of transportation, construction, oil and gas, and textile industries in the Asia Pacific, particularly in China, Indonesia, India, and Vietnam, is creating lucrative opportunities for respiratory protective equipment (RPE) market growth.

Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3097

The report covers the market dynamics analysis, company profiles, production and manufacturing capacity, product specifications, product value, and key players. The report also offers an insight into the growth prospects during the forecast period. The Respiratory Protective Equipment (RPE) Market report also offers detailed data on the key market players to impart a deeper understanding of the competitive landscape. The report focuses on the key market elements to ensure the readers gain a competitive advantage and maximum benefit of the market data to assist them in achieving substantial growth and an advantageous position in the global market.

Key findings of the report:

The escalating demand for masks, respirators, gloves, and protective gear amid the COVID-19 pandemic is positively impacting the Respiratory protective equipment market growth.

Based on type, the Air Purifying Respirators (APRs) segment dominates the respiratory protective equipment market share and is set to witness a CAGR of 7.7% through 2027 on account of extensive usage of APRs by industrial workers for protection against noxious gases and vapors.

On the basis of distribution channel, the retail sales segment is forecast to exhibit a notable growth rate of 7.7% over the analysis period.

In terms of end-use, the oil and gas industry dominated the market revenue share in 2019. However, the healthcare & pharmaceutical sector is estimated to witness the fastest growth rate of 8% through 2027. Moreover, an unprecedented demand for personal protective equipment due to the COVID-19 pandemic is further bolstering segmental growth.

The APAC region is forecast to witness the fastest growth rate of 8.6% on account of the exponential growth of the textile sector, primarily in India and China.

North America accounted for the second-largest share in the respiratory protective equipment (RPE) market in 2019 and is set to witness a notable CAGR of 7.1% over the forecast period.

Europe is forecast to register a substantial growth rate of 6.8% over the analysis period.

Key players operating in the global respiratory protective equipment market are 3M, Honeywell International, MSA Safety, Dragerwerk, Kimberly-Clark, Alpha Pro Tech, Avon Protection Systems, Jayco Safety Products, and Bullard, Gentex, among others. These industry players are adopting several strategies such as acquisitions, mergers, collaborations, new product development, and capacity expansion, thereby supporting the overall growth of the market. Moreover, rising investments by key industry players in R&D activities will further bolster market growth over the analysis period.

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3097

For the purpose of this study, the global Respiratory Protective Equipment (RPE) market has been segmented on the basis of disease type, application, distribution channel, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Air-Purifying Respirators
  • Supplied-Air Respirators

End-User Outlook (Revenue, USD Billion; 2017-2027)

  • Healthcare & Pharmaceuticals
  • Defense & Public Safety Services
  • Oil & Gas
  • Mining
  • Construction
  • Others

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

  • Direct/Institutional Sales
  • Retail Sales

By Region (Revenue, USD Million; 2017-2027)

         North America

  • U.S.
  • Canada

         Europe

  • Germany
  • U.K.
  • France
  • BENELUX
  • Rest of Europe

         Asia Pacific

  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific

         Latin America

  • Brazil
  • Rest of Latin America

         Middle East & Africa

  • Saudi Arabia
  • U.A.E.
  • Rest of Middle East & Africa

Table Of Contents:

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Indicative Metrics

Chapter 4. Respiratory Protective Equipment Market Segmentation & Impact Analysis

    4.1. Respiratory Protective Equipment Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                  4.2.2.1. Massive Industrial Growth in Asia-Pacific and Middle East & Africa

                  4.2.2.2. Adoption of Stringent Regulatory Policies

                  4.2.2.3. Increasing Awareness About Importance of Workplace Safety

         4.2.3. Market restraints analysis

                  4.2.3.1. Increased Automation in Various End-Use Industries

                   4.2.3.2. High Price of Supplied-Air Respirators

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. ETOP Analysis

    4.6. Porter’s Five Forces Analysis

    4.7. Competitive Metric Space Analysis

    4.8. Price trend Analysis

    4.9. Customer Mapping

    4.10. Covid-19 Impact Analysis

    4.11. Global Recession Influence

Continued…

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/3097

Thank you for reading our report. To know more about customization options, please get in touch with us. Our team will ensure the report is tailored to suit your requirements.  

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Media Contact
Company Name: Reports and Data
Contact Person: John Watson
Email: Send Email
Phone: +1-212-710-1370
Address:40 Wall St. 28th floor
City: New York City
State: NY 10005
Country: United States
Website: https://www.reportsanddata.com/report-detail/respiratory-protective-equipment-rpe-market


Warning: count(): Parameter must be an array or an object that implements Countable in /home/dimapurnewsdesk/dehradunmail.in/wp-content/themes/gadgetine-theme/includes/single/post-tags-categories.php on line 7