Global Southeast Asia Personal Protective Equipment Market by Product (Hand Protection, Fall Protection, Protective Clothing) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2019, the Southeast Asia market for personal protective equipment was valued at USD 2.69 million. It is expected to grow at an 8.1% compounded annual rate (CAGR), between 2020 and 2027. The market for Personal Protective Equipment (PPE) is expected to grow due to increased awareness about worker safety and health, as well as rising industrial fatalities, especially in emerging economies. Due to the increasing dangers in Southeast Asia, regulators are also imposing stricter standards on employers to ensure worker safety. The growing demand for PPE in Southeast Asia is expected to be significant over the forecast period.

The overall growth in Indonesia is expected to be greater across all infrastructure sectors. For the period 2020-2024, Indonesia was planning to invest more USD 400 billion in infrastructure development. The country's infrastructure and construction industry predicted significant growth, which will in turn boost the demand of PPE over the forecast period.

The key drivers of the Southeast Asia PPE market over the forecast period are safety regulations. In industries like foundry, chemical processing and metal forming, as well as oil and gas, durable protective clothing like flame retardant clothing, chemical defending clothing and mechanical protective clothes are becoming more important.

Market participants are expected to reap the benefits of technological advancements and growing concerns about employee safety and health over the next few decades. Market expansion is expected to be influenced by product innovation and the use of sustainable raw materials in PPE manufacturing.

Innovative manufacturing processes will be developed as a result of increasing demand for eco-friendly personal protective equipment and cleaner production processes. These initiatives will also increase consumer satisfaction with brands that use environmentally friendly alternatives to petroleum-based plastics.

Product Insights

The market's top-selling hand protection product was 27.1% of overall revenue share in 2019. The segment is expected to grow in the future due to growing demand from the industrial, chemical, and building and construction sectors. Protecting employees from injuries caused by splinters and sharp edges, blood, bodily fluids and hot objects, electricity and excessive vibrations is essential.

The market is expected to grow due to increased use of durable protective clothing within core industries like construction, oil and natural gas, and mining over the forecast period. The segment will also see an increase in disposable protective clothing demand from industries such as chemicals and healthcare, where it is not possible to reuse the clothing due to contamination.

The Southeast Asia market for respiratory protective equipment is expected to grow at a CAGR of 8.7% between 2020 and 2027 due to the increasing demand for unpowered respirators in the petrochemical and mining sectors. Protects workers against inhaling vapors, hazardous gases, chemical agents and particulates.

The segment of fall protection products is projected to grow at a 9.0% CAGR from 2020-2027. This is due to increased awareness regarding employee safety norms in many industries, including power generation, construction and oil and gas. Fall protection equipment includes safety nets, body belts and suspension belts.

End-use Insights

In 2019, 23.3% market share was held by manufacturing, which accounted for the largest segment of personal protective equipment. The demand is expected to rise due to the growing manufacturing industries in Malaysia, Vietnam and Indonesia over the forecast period. Employees may be injured by the many primary and ancillary manufacturing processes, such as welding, torch cutting, and grinding.

The demand for personal protective equipment in Southeast Asia's chemical industry is increasing at an estimated 7.7% CAGR from 2020 to 2027, due to the significant growth in the chemical sector in Indonesia and Vietnam. Personal protective equipment in the chemical industry can include aprons and overalls, gloves as well as respirators, face shields, chemical resistant glasses, and respirators.

Personal protective equipment was 18.1% of total revenue for the construction sector in 2019. This is due to an increasing demand for better infrastructure such as roads, harbors, airports and railways. The region's construction industry will continue to grow. The construction industry uses PPE to protect workers from head, foot, and hand injuries.

The quality control and hygiene of the food industry are crucial. This is why the demand for personal protective equipment is expected to increase over the forecast period. Many processes within the food industry, such as mixing, cutting, cleaning and dispensing, transport, and warehousehousing, can pose a risk to employees' lives.

Regional Insights

Thailand was the dominant market player and accounted to 21.6% of total revenue in 2019. This is due to rising occupational fatalities and the growing demand for protective gear in core industries like refining, automotive and metal manufacturing. Over the forecast period, PPE demand will rise due to growing concerns about safety and public health.

The market for personal protective equipment in Indonesia is expected to grow at a CAGR of 7.7% during the forecast period. The country's increasing awareness about safety and health of employees, as well as rising fatalities in various industries, will drive PPE market growth over the forecast period.

Malaysia's industrial growth will be boosted by increased investment in the machine, textile, and aeronautical sectors. Over the forecast period, PPE demand will rise due to rising concern about safety standards in Malaysia's Occupational Safety and Health Act 1994. Heavy penalties for non-compliance are also expected. Malaysia is the world's largest rubber glove exporter.

The PPE market in Vietnam is expected to grow at 8.2% CAGR between 2020 and 2027. The region's industrial growth will continue to be driven by strong investments in electronics and textile industries. PPE demand is expected to rise in different industrial sectors due to rising awareness about poor workplace conditions that can lead to workplace deaths and injuries.

Market Share Insights & Key Companies

This market includes both regional and global players involved in the design, manufacture, and distribution of personal protective equipment. PPE manufacturers employ a variety of strategies, including mergers and acquisitions as well as new product development, diversification and geographic expansions. These strategies help companies increase their market penetration as well as cater to changing technological demands of different end-use industries. The following are some of the major players in Southeast Asia's personal protective equipment market:

• DuPont

• Ansell Ltd.

• 3M

• Honeywell International, Inc.

• Alpha Pro Tech Limited

• Delta Plus Group

• Uvex Safety Group

• Mallcom (India), Ltd

• Kimberly-Clark Corporation

• Top Glove Corporation Bhd

• Bullard

• ATG(r) - Intelligent Glove Solutions

• Towa Corporation

• Hartalega Holdings Berhad

Up Market Research published a new report titled “Southeast Asia Personal Protective Equipment Market research report which is segmented by Product (Hand Protection, Fall Protection, Protective Clothing), By Players/Companies Towa Corporation, Honeywell International Inc, Delta Plus Group, Hartalega Holdings Berhad, Top Glove Corporation Bhd, Ansell Ltd, ATG® - Intelligent Glove Solutions, Uvex Safety Group, Bullard, DuPont, Alpha Pro Tech Limited, Mallcom (India) Ltd, 3M, Kimberly-Clark Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Southeast Asia Personal Protective Equipment Market Report Segments:

The market is segmented by Product (Hand Protection, Fall Protection, Protective Clothing).

Southeast Asia Personal Protective Equipment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Southeast Asia Personal Protective Equipment Market

Overview of the regional outlook of the Southeast Asia Personal Protective Equipment Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Southeast Asia Personal Protective Equipment Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Southeast Asia Personal Protective Equipment Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Hand Protection

                2. Fall Protection

                3. Protective Clothing

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Southeast Asia Personal Protective Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Southeast Asia Personal Protective Equipment Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.