Respiratory Protective Equipment Market to Post Significant 4.5% CAGR During Forecast Period; Increasing Occurrence of COVID-19 and Rising Demand from Healthcare to Aid Growth

The global respiratory protective equipment market size reached USD 6.71 billion in 2020. The market value is estimated to increase from USD 8.04 billion in 2021 to USD 10.97 billion in 2028 at a CAGR of 4.5% in 2021-2028. This information is published by Fortune Business Insights™, in its report, titled, “Respiratory Protective Equipment Market Size, Share & COVID-19 Impact Analysis, By Product (Air Purifying Respirators (APR) and Supplied Air Respirators), By End-use Industry (Industrial, Oil & Gas, Mining, Petrochemical, Construction, Healthcare, Pharmaceuticals, Fire Service, and Others), and Regional Forecast, 2021-2028”

COVID-19 Pandemic to Lure Market Toward a Lucrative Growth due to Rising Need of Respiratory Protective Equipment

The global pandemic bought a positive impact on the sector of RPE as demand for masks & respirators rocketed significantly. Additionally, the demand for N95 respirators and powered air-purifying respirators (PAPRs) grew in the healthcare sector. The World Health Organization (WHO) declared COVID-19 as a pandemic, which brought on several lockdowns and restrictions on the general population, further leading to a surge of sales in RPE.

Rising demand saw prominent players invest heavily toward R&D activities, which ensured consumers getting the latest iteration of products. For instance, 3D developed a specialized PAPR for reducing exposure of particulates.

3M Announce its KN95 Disposable Respirator to Disrupt Market

3M announced launching its particulate respirator KN95 made from 3M’s proprietary filter media for filtering dust and other particles while allowing easy breathing activities. The filter media has the ability to shake 95% of airborne particles such as dirt, smog, ultrafine particles, vehicle exhaust particles, PM 2.5, and other allergens when used according to the instructions provided.

3M boasts that KN95 is a disposable respirator while being able to keep a soft & breathable form for extra comfort. The 3D design is further designed to cover the face from all possible obstructions. It is designed for a variety of activities such as office & work, travel, commuting, and errands & shopping.

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https://www.fortunebusinessinsights.com/respiratory-protective-equipment-rpe-market-103534

Increased Demand from Healthcare and Implementation of Regulatory Policies to Augment Growth

The increasing occurrence of the COVID-19 pandemic led to rising demand from the medical and healthcare sector, triggering the respiratory protective equipment market growth during the forecast period. According to some estimates, the pandemic affected between 4.4% and 20% of the total confirmed cases, with more than 100 healthcare staff worldwide experiencing fatal cases. Hence, an increased focus on healthcare professionals and workers will fuel the growth of the market.

Factors such as the rising number of patients on a global scale, rising availability of personal protective equipment, and increased awareness about PPEs will increase the footprint of the market. Also, the implementation of strict regulatory policies aimed at improving the safety of frontline workers will drive the growth of the market.

Industry Development:

• August 2020: Dräger announced the launch of a new manufacturing plant in Pennsylvania for manufacturing and distributing N95 respiratory protection masks. This announcement was made for boosting the supply of N95 masks for frontline workers.

List of Players in the Market:

• 3M (Minnesota, U.S.)
• Ansell Ltd. (Richmond, Australia)
• Alpha Pro Tech (Markham, Canada)
• Avon Protection (Maryland, U.S.)
• Bullard (Kentucky, U.S.)
• Delta Plus Group (Apt, France)
• Drägerwerk AG & Co. KGaA (Lübeck, Germany)
• Gentex Corporation (Michigan, U.S.)
• MSA (Pennsylvania, U.S.)
• Honeywell International Inc. (North Carolina, U.S.)
• Kimberly-Clark Worldwide, Inc. (Georgia, U.S.)
• Uvex Safety Group (Fürth, Germany)
• Protective Industrial Products, Inc. (New York, U.S.)

Further Report Findings:

• The air purifying respirator (APR) segment is expected to hold dominance over the forecast period due to its expanding growth at a rapid pace. APRs filter the air by filtering out particulates in a bottle or a canister. They can be classified further into different types and can have removable filters & cartridges.
• North America will witness the largest respiratory protective equipment market share during the forecast period due to increasing presence of strict regulations and rising awareness regarding employee safety.

Table of Segmentation: