San Francisco, 20 March 2019: The Report Southeast Asia Personal Protective Equipment (PPE) Market Size, Share & Trends Analysis Report
By Product (Head, Eye & Face Protection, Respiratory Protection, Protective
Clothing), And Segment Forecasts, 2019 - 2025
The Southeast Asia personal protective equipment
market size is expected to reach USD 2.10 billion by 2025 expanding at a
CAGR of 8.0%, according to a new report by Grand View Research, Inc. Growing
awareness regarding workers’ safety owing to several cases of occupational
accidents is projected to drive the Southeast Asia PPE market. Wide usage of
PPEs in the production of protective clothing in a variety of industries will boost
the industry growth. Rising need to avoid workplace accidents in industries,
such as chemical production, manufacturing, and oil & gas, is expected to
propel the market development.
Increasing preference
for comfortable and lightweight protective wear without compromising
operability is also contributing to the industry expansion. Moreover, popular
trend of installing wearable technology gadgets in PPEs to monitor the
operating environment is expected to drive the industry further. PPE production
is highly capital-intensive due to complex manufacturing methods and high costs
of raw materials. Thus, initial capital investment is expected to be a major
entry barrier for new participants, on account of which, the threat of new
entrants is expected to remain low.
Access Research Report of Southeast
Asia PPE Market @ https://www.grandviewresearch.com/industry-analysis/southeast-asia-personal-protective-equipment-ppe-market
Further key findings from the study suggest:
· Fall protection segment is expected to
witness the highest CAGR of 9.0% from 2018 to 2025 due to rising application
scope in various industries including construction and oil & gas
· Chemical defending apparel emerged as the
largest protective clothing application segment owing to high demand from
chemical and petrochemical industries
· Aramid fiber and blends-based mechanical
protective clothing is expected to emerge as the fastest-growing material
segment due to high demand for such clothing from manufacturing and
construction industries
· The industry in Vietnam is estimated to
witness the fastest CAGR over the forecast period owing to rapidly developing
manufacturing and construction industries
· Key industry players have resorted to
integration across the value chain in a bid to reduce the production cost for
PPE, which is expected to emerge as the defining trend over the next few years
Grand View Research has
segmented the Southeast Asia Personal Protective Equipment (PPE) market on the
basis of product, end use, and region:
Southeast Asia PPE Product Outlook (Revenue, USD Million,
2014 - 2025)
·
Head, Eye & Face Protection
·
Hearing Protection
·
Protective Clothing
·
Respiratory Protection
·
Protective Footwear
·
Fall Protection
·
Hand Protection
·
Others
Southeast Asia PPE End Use Outlook (Revenue, USD Million,
2014 - 2025)
·
Construction
·
Manufacturing
·
Oil & Gas
·
Chemical / Petrochemical
·
Food & Beverage
·
Healthcare / Pharmaceuticals
·
Transportation
·
Mining
·
Others
Southeast Asia PPE Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
Singapore
·
Vietnam
·
Malaysia
·
Indonesia
·
Thailand
·
Rest of Southeast Asia
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
