Respiratory Protective Equipment Market Size is Predicted to Reach $13.58 Billion By 2027A Chapter by Markets InsightsThe global respiratory protective equipment market size was estimated at USD 6.62 billion in 2019 and is anticipated to expand at a CAGR of 9.4% from 2020 to 2027.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. Request a free sample copy or view report
summary: Respiratory Protective Equipment Market Report Respiratory
Protective Equipment Market Report Highlights
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Added on August 14, 2020 Last Updated on August 14, 2020 Tags: Respiratory Protective Equipment AuthorMarkets InsightsFelton, CAAboutAbout Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer c.. more..Writing
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