According to FutureWise analysis, the market for ppe kits in 2023 is US$ 72.14 billion, and is expected to reach US$ 109.22 billion by 2031 at a CAGR of 5.30%.
The COVID-19 epidemic has increased the need for personal protective equipment (PPE) kits across the world. In February 2020, the WHO advised industry and governments to increase PPE kit manufacturing by more than 35% to meet the increased demand. With the COVID-19 issue worsening by the day, various personal protective items such as gloves, googles, coverall gowns, headcovers, shoe coverings, and face shields are in great demand. Healthcare personnel require PPE kits to protect themselves from COVID-19 infection, and the risk of exposure varies depending on the kind of activity done and the number of encounters these professionals have with patients infected with the virus. Furthermore, in order to manage the infection, experts undertake techniques such as the development of safe work practises. Various instructions have been provided by organisations such as WHO, the Occupational Safety and Health Administration (OSHA), and the Ministry of Health and Family Welfare Directorate General of Health Services about the use of PPE kits in preventing virus transmission. These recommendations are primarily intended for hospitals, checkpoints, labs, basic health care, and quarantine facilities.
Several glove manufacturers in the United States are manufacturing environmentally friendly gloves that help to make the environment greener and cleaner. Millions of gloves are discarded into landfills each year, creating soil degradation. Companies have begun producing disposable biodegradable nitrile gloves, which promotes the development of environmentally friendly products. Furthermore, firms provide packaging that is 100 percent recyclable. This PPE kits market trend of producing environmentally friendly equipment has resulted in increased market growth. However, a lack of consumer knowledge about workplace risks, as well as the widespread selling of low-quality, sub-standard items, may stymie the expansion of the PPE kits market.
FutureWise Market Research has instantiated a report that provides an intricate analysis of PPE Kits Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the PPE Kits Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.