The global respiratory protective equipment market size is anticipated to reach USD 13.58 billion by 2027, expanding at a 9.4% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Favorable occupational safety regulations focused on ensuring worker safety across various industries are expected to drive the demand for respiratory protective equipment (RPE) over the forecast period.
In addition, factors including rising concerns over exposure to radioactive and toxic air pollutants coupled with increasing instances of infectious biological hazards are anticipated to augment the demand for RPE over the forecast period. Moreover, the recent outbreak of the COVID-19 pandemic is expected to have a positive impact on the market growth.
Surging demand for N95 respirators, especially from the healthcare sector during the COVID-19 pandemic to avoid infection has led to their shortage owing to which key players such as 3M and Honeywell International, Inc. have ramped up their production capacities and are also expanding their manufacturing facilities to meet the growing demand for N95 respirators.
Technological advancements in terms of features and design of respiratory protective equipment coupled with increasing demand for multi-utility RPE is anticipated to provide ample opportunities for market growth in the forthcoming years. Moreover, lighter weight masks are increasingly being preferred by users who are required to wear respirators for a more extended period of time.
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Respiratory Protective Equipment Market Report Highlights
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Respiratory Protective Equipment Market Segmentation
Grand View Research has segmented the global Respiratory Protective Equipment (RPE) market on the basis of product, end use, and region:
Respiratory Protective Equipment Product Outlook (Revenue, USD Million, 2016 – 2027)
Respiratory Protective Equipment End-use Outlook (Revenue, USD Million, 2016 – 2027)
Respiratory Protective Equipment Regional Outlook (Revenue, USD Million, 2016 – 2027)
List of Key Players in Respiratory Protective Equipment (RPE) Market
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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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