Personal Protective Equipment Market Size, In-Depth Qualitative Insights, Explosive Growth Opportunity, Regional Analysis by Fortune Business Insights
The global personal protective equipment (PPE) market is set to gain impetus from the persistent efforts by manufacturers operating in the U.S. to make the environment cleaner, safer, and greener. Several glove producers are trying to reduce the energy consumption by enhancing the existing machines or developing new ones. In April 2020, for instance, Mallcom (India) Limited announced its plan to introduce new shoe covers and PPE overalls in addition to its recyclable and disposable face mask, especially for the medical industry. This information is given by Fortune Business Insights™ in a new report, titled, “Personal Protective Equipment (PPE) Market, 2021-2028.” As per the report, the PPE market size was USD 128,675.1 million in 2020 and is projected to reach USD 231,630.4 million by 2028, exhibiting a CAGR of 7.6% during the forecast period.

Segments-

Manufacturing Segment to Lead Stoked by High Demand for Safety Shoes & Earmuffs

Based on the product, the market is categorized into head protection, hearing protection, eye face protection, protective clothing, protective footwear, respiratory protection, hand protection, fall protection, and others. By the end-use industry, it is fragmented into manufacturing, construction, oil & gas, chemical, food, pharmaceutical, transportation, and others. Amongst them, the manufacturing segment generated the largest personal protective equipment market share in 2020. This is attributable to the increasing demand for earplugs, earmuffs, safety shoes, and gloves from workers and employers as these would protect them from fires, heat burns, and electric shocks.


Drivers & Restraints-

Rising Cases of Workplace Hazards Worldwide to Augment Growth

The rising number of ongoing and planned construction and infrastructure projects, especially in India, China, and the U.S. is anticipated to propel the personal protective equipment market growth in the near future. According to the Occupational Safety and Health Administration (OSHA), in 2019, approximately 5,333 workers died on job. Also, on an average, around 15 deaths took place every day in the same year. Hence, the need to provide construction workers with protective shoes or boots with slip or puncture-resistant soles is set to surge rapidly. At the same time, regulatory bodies of various countries are implementing strict norms to protect workers against falls, electrocution, trench cave-ins, and toxic materials. However, the lack of awareness of workplace hazards may hamper the demand for these equipments.

Regional Insights-

Increasing Expenditure in Healthcare Sector to Help North America Dominate

Geographically, North America earned USD 42,805.7 million in 2020 in terms of revenue and is likely to remain at the forefront. The rising government expenditure in healthcare and medical sectors is expected to drive growth. Besides, the surging awareness of manufacturers and workers about crucial occupational safety measures is set to aid growth.

In Europe, the market would remain in the second position throughout the forthcoming years because of the favorable government norms, such as the EU Directive 2016/425. The regulation aims to ensure quality standards of PPE available in the European market. Asia Pacific, on the other hand, is likely to showcase significant growth backed by the rapid industrialization in China, Vietnam, and India.

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https://www.fortunebusinessins....ights.com/personal-p

Rainscreen Cladding Industry Key Drivers, Industry Size, Regional Investments and Top Segments Data

The global rainscreen cladding market size is projected to reach USD 17,179.1 million by 2027, exhibiting a CAGR of 7.3% during the forecast period. Booming growth in the global construction industry will drive the progress of this market, finds Fortune Business Insights™

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Unleashing Collective Intelligence: Global Enterprise Collaboration Market Trends and Projections

Enterprise Collaboration Market Value :

Enterprise Collaboration Market was valued at US$ 54.13 Bn in 2022 and the market size is expected to grow at a CAGR of 12.8% through the forecast period.

Enterprise Collaboration Market Segmentation

Enterprise Collaboration Market by Deployment Type

Cloud-based
On-premise

The Cloud-based sector, based on Deployment Type, is anticipated to expand at the greatest CAGR throughout the projection period. The fundamental force behind the deployment of cloud-based workloads is anticipated to be the continual increase in data generated. A company that has to run a wide range of apps and difficult enterprise collaboration tasks is better suited for a data centre. Numerous industrial verticals work with enormous amounts of data.

Enterprise Collaboration Market by Application

Communication Tools
Coordination Tools
Conferencing Tools

According to Application, the sector for communication tools is anticipated to expand at the highest CAGR throughout the course of the forecast. During the anticipated era, enterprise social collaboration (ESC) solutions were successful in establishing connections amongst people. Social applications should be appropriate for one location but not another due to technology restrictions. Integrating social collaboration solutions is now easier than ever thanks to the evolution of communication tools.

Enterprise Collaboration Market by End User

IT and Telecommunication
Hospitals and Diagnostic Laboratories
Public Sector
Others

The IT and Telecommunications segment is anticipated to expand at the greatest CAGR among End User segments throughout the projection period. Due to consumers' increased need for a better experience than ever before, there have been significant developments in the IT and telecom sectors. IT and telecom companies are looking for cutting-edge technologies to help them meet the growing client demand.

To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ : https://www.maximizemarketrese....arch.com/request-sam

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Aluminum Composite Panels Market Top Manufacture, Industry Growth, Industry Share Report, Size, Regional Analysis

The aluminum composite panels market is likely to gain momentum from the rising popularity of out-of-home (OOH) or outdoor advertising worldwide. Such type of advertising is mainly used by the industry giants operating

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