Personal Protective Equipment Market to Reach US$55,509.1 Million by 2020|Transparency Market Research

Among the diverse types of personal protective equipment, professional footwear accounts for the largest share in the market. The market value of the segment was an impressive US$7,005.8 million in 2013. However, the report projects the market for fall protection equipment to register the fastest growth during the forecast period, developing at an 8.8% CAGR between 2014 and 2020. The growth curve of the segment is charted by robust industrialization and exponential growth of construction activities. Among the application segments, manufacturing accounted for the largest share of the market and was valued at US$6,714.1 million in 2013. However, exhibiting a 7.8% CAGR, transportation is most likely to emerge as the fastest growing segment in the market during the report’s forecast period. The exponentially increasing operations of the logistics industry are also fuelling the demand for personal protective equipment. In addition, government regulations mandating the maintenance of strict standards at workplaces to ensure a safe work environment are also boosting the market for personal protective equipment around the world. Apart from presenting an in-depth study on the aforementioned information, the report also analyzes the competitive landscape of the market. It examines the key strategies adopted by the major industry participants such as Alpha Pro. Tech, Ltd., 3M Co., Ansell Ltd., and others and studies their impact on the market’s growth trajectory. 

 

Browse the full Personal Protective Equipment Market - Global Industry Analysis, Trend, Size, Share and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/personal-protective-equipment.html

 

Personal Protective Equipment Market, by Application

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