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Global Personal Protective Equipment (PPE) Market Expected to Reach USD 92.5 billion by 2025

POSTED: 27th May

NEW YORK, April 14, 2020 (GLOBE NEWSWIRE) -- The global personal protective equipment (PPE) market was valued at USD 52.7 billion in 2019 and is expected to reach USD 92.5 billion by 2025, growing at a CAGR of 8.7% during 2020-2025. Increasing initiatives taken by the government and the NGOs to spread the awareness of employee protection and to reduce the injury rate are the key factors driving the growth of the personal protective equipment market. Rising industrial fatalities gives the direction for the government and the employers to provide with the protective equipment for the worker’s protection and to reduce the injury rate. Furthermore, increasing awareness among the employees for their rights of protection drives the growth for the personal protective equipment throughout the forecast period globally.  

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