According to a 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”, published by Grand View Research, Inc., 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.
Major Key Players of Southeast Asia PPE Market :
Some of the key industry participants include The 3M Company; Honeywell International, Inc.; Uvex Safety; Ansell Healthcare; Scott Safety; E. I. du Pont de Nemours and Company; Top Glove Corporation Berhad; Alpha Pro; ATG Lanka (Pvt.) Ltd.; Mallcom; and Kimberly-Clark Corp.
Key Highlights from the report:
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
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Regional Scope:
Growing urbanization in emerging markets, such as Indonesia and Philippines, has resulted into increased investments in infrastructural developments, thereby supporting market expansion. Rise of the application industries in the region supported by the governmental efforts towards economic development is also expected to benefit the regional industry. Vietnam is estimated to witness the fastest growth over the forecast period on account of rapid industrialization coupled with shifting base of several manufacturing firms from China to Vietnam due to favorable financial incentives from the government.
Growing investments in the manufacturing industry including machinery, semiconductor, aeronautical, and textile is also expected to drive the market in Malaysia. Moreover, stringent safety norms like The Occupational Safety and Health Act 1994 of Malaysia coupled with heavy penalties on non-compliance is expected to drive the market in this region. The industry in Malaysia is expected to register notable gains on account of increased investments in infrastructure development. In addition, improving economic growth of the country is expected to result in the rise in the manufacturing industry, thereby augmenting product demand.
rand 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
Flame Retardant Apparel
Chemical Defending Apparel
Mechanical Protective Clothing
Others
Respiratory Protection
Air Purifying Respirator
Supplied Air Respirator
Protective Footwear
Boots
High Ankle Shoes
Regular Shoes
Leather
Rubber
PVC
Polyurethane
Fall Protection
Hand Protection
Disposable Gloves
By Type
General Purpose
Chemical Handling
Clean Room / Sterile
Surgical and Examination
By Material
Latex
Nitrile
Neoprene
Vinyl
Durable Gloves
Mechanical
Cut resistant gloves
Multi task gloves
Oil repellant gloves
Chemical handling
Thermal/flame retardant
Southeast Asia PPE End Use Outlook (Revenue, USD Million, 2014 – 2025)
Construction
Manufacturing
Oil & Gas
Chemical / Petrochemical
Food & Beverage
Healthcare / Pharmaceuticals
Transportation
Mining
Southeast Asia PPE Regional Outlook (Revenue, USD Million, 2014 – 2025)
Singapore
Vietnam
Malaysia
Indonesia
Thailand
Rest of Southeast Asia
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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