|Southeast Asia Personal Protective Equipment Market Growth Status, Analysis, Opportunities, Size, Business Trends, Incremental Revenue And Strategies|
The Southeast Asia personal protective equipment market size was estimated at USD 2.69 billion in 2019 and is projected to expand at a compounded annual growth rate (CAGR) of 8.1% from 2020 to 2027.
Growing awareness regarding worker health and safety coupled with increasing industrial fatalities, primarily in the emerging economies, owing to lack of protective gear is also anticipated to steer the growth of the market for Personal Protective Equipment (PPE). Additionally, regulatory agencies in Southeast Asia are enforcing stringent norms on employers in order to make it compulsory to ensure worker safety on account of increasing hazards in these regions. Southeast Asia PPE market is expected to witness significant during the forecast period on account of growing demand from chemical and oil and gas industries.
In Indonesia, the overall growth is projected to increase across all infrastructure sectors in the country. Indonesia planned to invest more than USD 400 billion for the period 2020 to 2024 for infrastructural developments. Thus, the construction and infrastructure industry anticipated significant growth in the country, which in turn, projected to boost the demand for PPE in the country over the forecast period.
Gather more insights about the market drivers, restrains and growth of the Southeast Asia Personal Protective Equipment Market
Safety regulations are expected to be the key factors driving the PPE market in Southeast Asia over the forecast period. Durable protective clothing such as flame retardant apparel, chemical defending garments, and mechanical protective clothing, are gaining importance in industries such as foundry, chemical processing, metal forming, construction, and oil and gas.
Technological advancements coupled with growing concern toward employee health and safety are anticipated to provide lucrative opportunities for market participants over the next few years. Product innovation and usage of sustainable raw materials for PPE manufacturing are further projected to positively impact market expansion over the forecast period.
Increasing eco-friendly products and cleaner process demand among personal protective equipment manufacturers is expected to lead to the development of innovative manufacturing processes. Furthermore, these initiatives are expected to increase the consumer rating of branded manufacturers committed to using environmentally preferable alternatives rather than petroleum-based plastics.
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Personal Protective Equipment Market – The global personal protective equipment market size was valued at USD 77.36 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2020 to 2028. Increasing awareness regarding hygiene to avoid transmission of pathogens in healthcare facilities is expected to drive the demand for personal protective equipment (PPE) over the forecast period.
Healthcare Personal Protective Equipment Market – The global healthcare personal protective equipment market size was valued at USD 22.96 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.1% from 2020 to 2028. The rising product demand, especially from the healthcare industry, due to the global Covid-19 pandemic, coupled with rising awareness about Healthcare-Associated Infections (HAIs), is likely to drive the market growth.
Southeast Asia Personal Protective Equipment Market Segmentation
Grand View Research has segmented the Southeast Asia personal protective equipment market based on product, end-use, and region:
Southeast Asia Personal Protective Equipment Product Outlook (Revenue, USD Million, 2016 – 2027)Head, Eye & Face Protection
Protective ClothingHeat & flame protection
Clean room clothing
Mechanical protective clothing
Limited general use
Respiratory ProtectionAir Purifying Respirator
Supplied Air Respirator
Hand ProtectionDisposable GlovesBy TypeGeneral Purpose
Clean Room / Sterile
By MaterialNatural Rubber/Latex
Durable GlovesMechanical gloves
Southeast Asia Personal Protective Equipment End-use Outlook (Revenue, USD Million, 2016 – 2027)Construction
Oil & Gas
Southeast Asia Personal Protective Equipment Regional Outlook (Revenue, USD Million, 2016 – 2027)Southeast AsiaIndonesia
Key Companies profiled:
Some prominent players in the Southeast Asia personal protective equipment market include:
Honeywell International, Inc.
Alpha Pro Tech Limited
Delta Plus Group
Uvex Safety Group
Mallcom (India) Ltd
Top Glove Corporation Bhd
ATG® – Intelligent Glove Solutions
Hartalega Holdings Berhad
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