Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Personal Protective Equipment Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.3% during the review period (2022 to 2027).
The main factor accelerating market growth is an increase in awareness of how to prevent such hazards due to growing health and safety concerns. Other factors include an increase in infrastructure project investment in Asia-Pacific and MEA, an increase in industry fatalities, an increase in safety and security compliances at the workplace, and an increase in the frequency of accidents in many industries due to a lack of protective equipment. The global need for personal protective equipment is aided by expanding foreign investments, burgeoning industrial expansion, and improved government backing, which among other things is one of the key drivers of the personal protective equipment packaging market. Additionally, in the forecast period of 2022–2027, the market for personal protective equipment packaging will see new growth prospects due to the rising need for multipurpose equipment and the quickly growing demand from Asia-Pacific.
However, among other things, increasing automation in end-use industries and the rising cost of specialised clothing are the main factors limiting market growth, and rising consumer demand for more comfort and functionality will further hamper the development of the personal protective equipment packaging market.
Recent Developments:
2021 - Honeywell acquired Norcross Safety Products L.L.C., a manufacturer of PPE, for USD 1.2 billion. This acquisition will provide the company with a platform in the fragmented global business projected to provide significant growth opportunities. This investment in Norcross allows the company to completely enter into a highly regulated industrial safety market.
The global Personal Protective Equipment Packaging includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Jamestown Container Companies, Witmore Enterprises, Production Packaging Equipment, KRB Safety & Packaging, Glove Guard and many others
Personal Protective Equipment Packaging Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application it is segmented into
Because of the rising number of Corona virus infections in Italy and the UK, Europe has been the region that has purchased the most personal protective equipment packaging. Additionally, there has been a growing demand for highly effective, safe, and practical individual defensive gear across the majority of central industries, including metalworking, oil and gas, and automotive.
Personal protection equipment packaging in the area is projected to increase over the estimated time frame due to this as well as the rising incidence of corona casualties.
Personal protective equipment packaging market growth is anticipated to be influenced by an increase in modern fatalities in developing economies in the Asia-Pacific region due to a lack of personal protective equipment packaging and low worker welfare awareness. Additionally, it is anticipated that mechanical progress and shifting consumer preferences for personal protection equipment packaging that combines safety and strategy will accelerate market growth.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.3% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Jamestown Container Companies, Witmore Enterprises, Production Packaging Equipment, KRB Safety & Packaging, Glove Guard |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 96 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Personal Protective Equipment Packaging Market is studied from 2017 - 2027.
What is the growth rate of Personal Protective Equipment Packaging Market?
The Personal Protective Equipment Packaging Market is growing at a CAGR of 7.3% over the next 5 years.
Who are the leading key players in Personal Protective Equipment Packaging Market?
Jamestown Container Companies, Witmore Enterprises, Production Packaging Equipment, KRB Safety & Packaging, Glove Guard
What regions does this Personal Protective Equipment Packaging Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Personal Protective Equipment Packaging Market?
Single Use Packaging, Reusable Packaging
What are the significant Applications of Personal Protective Equipment Packaging Market?
Pharmaceutical & Medical, Construction & Mining, Food & Beverage, Oil & Gas, Chemical & others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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