Personal Protective Equipment Market Share

North American Market Forecast   

The North American personal protective equipment (PPE) market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the rise in the use of PPE kits in healthcare and other industries in the region following the pandemic. It is estimated that in 2021, over 66 businesses in Canada reportedly require or anticipate requiring PPE kits to adhere to the COVID-19 protocols for workplaces. Such businesses were led by educational services, where a need of 91% was observed. The educational services were followed by institutions involved in healthcare and services, of which 84% required PPE kits. The penalties imposed on those who failed to comply with the government’s instructions on the use of PPE kits are also thought to have increased the regional demand for the product. Another factor that is expected to boost market growth is the increased investments being made in the healthcare segment in North America.

Europe Market Forecast

The European personal protective equipment (PPE) market is also projected to hold a significant share of the global market during the forecast period. The growth of the market can be attributed majorly to the high number of work-related injuries in the region. For instance, it is estimated that there were about 3356 fatal accidents reported among those at work in the European Union (EU) in 2020. Wounds and superficial injuries, sprains and strains, dislocations, concussions, and internal injuries comprised 71% of the accidents at work in the EU in 2020. Europe is a major hub of industries such as oil and gas, metal manufacturing, refining, and automotive. Further, the food and beverages industry in the region results in high consumption of safety gloves. Europe also has very strict regulations regarding the quality of all equipment for personal protection. Additionally, the renewable energy industry in the region receives generous funding, which results in its growth and high demand for PPE kits.