The North America and Europe distribution market for personal protective equipment (PPE) is expected to reach US$28.95 million by 2025, according to a new report by Grand View Research, Inc. Shifting consumer trend towards online spending, coupled with growing connectivity across various countries, has offered access to international brands and the new entrants as well.
Low investment and risks associated with e-commerce business platforms have enabled various distributors to enhance their regional presence, thereby accessing untapped markets in Europe. Financial liabilities associated with store operation and maintenance costs have urged distributors to shift towards online business platforms over the past few years. Grainger has recently shut down multiple offices and invested in upcoming warehouse projects at remote locations, to compete with e-commerce giants such as Amazon and enhance its stake in the PPE distribution market.
Further key findings from the report suggest:
— Hand protection emerged as the largest product segment. Product demand in Germany was valued at over US$400 million in 2016;
— Head, eye and face protection are anticipated to grow at a compound annual growth rate (CAGR) of over six per cent from 2017 to 2025. Product demand in the U.S. is expected to be valued at over US$1.6 billion by 2025;
— Protective-footwear distribution in North America was valued at over US$1.3 billion in 2016. Growing concern towards workplace fatalities associated with chainsaws, electric shock and associated risks in mills and the energy sector is expected to steer product demand over the forecast period;
— The manufacturing sector is anticipated to lead the PPE product segment in North America and Europe. Product demand in France is expected to generate revenues worth over US$450 million by 2025;
— The PPE distribution market in food and beverage sector in Belgium was valued at over US$17 million in 2016. Growing concern towards food contamination during ingredient mixing, cutting and dispensing is anticipated to drive protective-clothing demand;
— Product demand in the pharmaceutical sector is anticipated to witness moderate growth over the forecast period. PPE distribution in pharmaceuticals in Switzerland is expected to grow at a CAGR of over five per cent over the next eight years;
— The safety-supplies sector in North America is anticipated to witness significant growth of over seven per cent from 2017 to 2025. Fall-protection and respiratory equipment are expected to contribute towards PPE-distribution market growth over the long term;
— PPE distribution in Germany is expected to exceed US$3.3 billion by 2025; and
— Key players include Grainger, Total Safety, Mallory, J&K Ross, Kellner & Kunz, Haberkorn Group, Alsico Laucuba, GCE Group, AB Safety NV, ORR Safety and Etra Oy.
Grand View Research has segmented the North America and Europe PPE distribution market on the basis of product, end-use and region:
Product Outlook (Revenue, US$ Million, 2009-2025)
— Head, eye and face protection
— Hearing protection
— Protective clothing
— Respiratory protection
— Protective footwear
— Fall protection
— Hand protection
End-Use Outlook (Revenue, US$ Million, 2009-2025)
— Oil and gas
— Food and beverage
Regional Outlook (Revenue, US$ Million, 2009-2025)
— North America
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Grand View Research, Inc. is a market-research and consulting company headquartered in San Francisco. The company offers market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.