Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Research Reports

Personal Protective Equipment Market: Notable Developments & Geographical Outlook

Published On :

 

Cases of the new coronavirus disease continue to mount, and rapidly increasing demands of the pandemic are threatening the health systems globally. In recent times, the demand for personal protective equipment (PPE) comprising of protective gowns, face shields, surgical masks, protective goggles, and disposable gloves is witnessing a significant increase as the disease spreads beyond China – the epicenter of COVID-19 outbreak. Moreover, strong governments’ focus on stockpiling of PPE and about a hundredfold surge in demand are early warning signs of product shortage that may be on the horizon. 

 

Health Organizations Provide Guidelines on Rational Use of PPE to Bridge Demand-Supply Gap

Recognizing the widespread use of personal protective equipment outside patient care by common citizens to safeguard themselves from COVID-19, stakeholders in the supply chain are leveraging this opportunity to raise the competitive price of their products. Despite significant efforts to increase production capacities, supplies are stagnating and the market situation has become severe, mainly due to prolonged closure of factories in China. Additionally, the World Health Organization (WHO) has warned severe and plunging disruptions to the global supply of PPE – driven by misusing, panic buying, and stockpiling – is putting lives at risks of both healthcare workers and patients.

As the inappropriate use and supply shortage of PPE continues, the WHO has put forth several strategies to facilitate optimal PPE availability and normalize the supply chain. Using telemedicine to evaluate suspected cases of COVID-19 and physical barriers to reduce exposure and restricting healthcare workers who are not involved in direct care from coming in contact with COVID-19 patients are likely to minimize the need for PPE. The rationalized use and distribution of PPE along with rapid response to curb the spread of disease is thus expected to bridge the widening gap between supply and demand for PPE.

U.S. Urges Nations to Ramp Up Production of PPE, China to Lift New Export Restrictions on Medical Supplies

North America and Europe remained key markets for personal protective equipment for both medical and industrial applications with major players expanding their presence in developing Asian Pacific countries such as China and India. Rapid industrialization, low operation cost and cheap labor in these countries have been securing a steady supply chain for global market stakeholders. However, the scenario is drastically changing amidst the outbreak of coronavirus and subsequent lockdown of factories. As the U.S. is facing a historic surge in patients seeking care of COVID-19, the government is using federal powers to force local companies to manufacture, urging other countries to accelerate the production of PPE, and seeking to purchase any quantities major PPE-producing countries can spare.

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

 

COVID-19 Redirects the Application Scope of Personal Protective Equipment

Governments and health organizations worldwide are increasingly collaborating with manufacturers and suppliers to meet the PPE supply-demand gap. However, these manufacturers are facing significant hurdles due to unavailability of raw materials and outbound logistics amidst expansive lockdown of airlines and restrictions on export activities. In addition to taking critical decisions to normalize the situation, manufacturers are currently stopping the production of industrial PPE such as industrial safety, chemical resistant gloves, and welding helmets and focusing on products for medical applications. However, innovations are on the horizon for smart personal protective equipment to deliver real-time information, minimize exposure to hazards, and enable adjustments with internal and external conditions. Post supply chain normalization, the demand for PPE will continue to grow in line with increasing mining activities and infrastructural development.

Ask Us Your Questions About This Report:
https://www.futuremarketinsights.com/ask-question/rep-gb-1060

PPE Market – Competitive Landscape

A section of the FMI’s report covers detailed profiles of key players active in the personal protective equipment (PPE) market wherein 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 p. i. c., JAL Group, COFRA Holding AG, Avon- ISI, Alpha Pro Tech Ltd., Eurodress GmBH, Bekina NV, Jallatte Group, and Z and V Group.

Segmental Analysis of Personal Protective Equipment (PPE) Market 

The FMI study categorizes the personal protective equipment (PPE) market on the basis of product, end-use industry, and region.

PPE Market Analysis by Product

  • Head Protection
  • Eye and Face Protection
  • Hearing Protection
  • Hand and Arm Protection
  • Fall Protection
  • Protective Clothing
  • Profession Footwear
  • Food & Leg Protection
  • Respiratory Protection

PPE Market Analysis by End-use Industry

  • Healthcare
  • Pharmaceutical Manufacturing
  • Food Manufacturing
  • Construction
  • Petrochemicals
  • Power & Energy
  • Oil & Gas
  • Transportation
  • Firefighting
  • Others

Regional Analysis of the Personal Protective Equipment (PPE) Market

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa

FMI’s Extensive Coverage on Industrial Automation Domain

Steam Jet Ejector Market – Steam Jet Ejector Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027

Bioprocessing Systems Market – Bioprocessing Systems Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027

Floor Grinding Machine Market – Floor Grinding Machine Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com 

For Media Enquiries: press@futuremarketinsights.com 

Website: https://www.futuremarketinsights.com/ 

Report: https://www.futuremarketinsights.com/reports/personal-protective-equipment-market 

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts