At 7.2% CAGR, the Europe Industrial PPE Market is Projected to be worth US$ 27,795.57 million by 2030, says Business Market Insights

According to Business Market Insights research, the Europe industrial PPE market was valued at US$ 15,963.41 million in 2022 and is expected to reach US$ 27,795.57 million by 2030, registering a CAGR of 7.2% from 2022 to 2030. Supportive government regulations for workplace safety and strategic developments by key market players are the critical factors attributed to the Europe industrial PPE market expansion.

The organized global retail sector distribution network has undergone a massive transformation recently. Rise in penetration of smartphones and the internet, easy access to emerging technologies, upsurge in purchasing power, and convenience provided by online retail shopping platforms from anywhere at any time are among the major factors bolstering the adoption of e-commerce worldwide. Manufacturers operating in the industry are constantly partnering with online retailers such as Amazon and Alibaba to deliver bulk industrial products such as personal protective equipment to industries and individual consumers. The increasing penetration of online shopping has encouraged manufacturers to sell products directly-to-customer (D2C) by launching their own online retail sites, eliminating the need to invest in expensive marketing and distribution infrastructure. Through these websites, manufacturers take bulk orders from end-use industries and sell products to customers. Thus, the consumers' increasing dependency on e-commerce services and the adoption of the D2C strategy by manufacturers are expected to open lucrative opportunities for the industrial personal protective equipment (PPE) market in the coming years.

On the contrary, growing adoption of industrial automation hurdles the growth of Europe industrial PPE market.

Based on type, the Europe industrial PPE market is categorized into hand and arm protection, body protection, respiratory protection, head and face protection, and others. The hand and arm protection segment held 32.9% market share in 2022, amassing US$ 5,251.77 million. It is projected to garner US$ 9,437.98 million by 2030 to expand at 7.6% CAGR during 2022-2030.

Based on material, the Europe industrial PPE market is categorized into natural rubber, vinyl, polyethylene, nitrile, and others. The others segment held 35.6% market share in 2022, amassing US$ 5,706.09 million. It is projected to garner US$ 9,396.12 million by 2030 to expand at 6.4% CAGR during 2022-2030.

Based on end-use industry, the Europe industrial PPE market is categorized into manufacturing, construction, oil and gas, pharmaceuticals, and others. The others segment held 34.8% market share in 2022, amassing US$ 5,553.46 million. It is projected to garner US$ 9,138.15 million by 2030 to expand at 6.4% CAGR during 2022-2030.

Based on distribution channel, the Europe industrial PPE market is categorized into wholesalers, national retailers, regional retailers, and online platforms. The wholesalers segment held 49.4% market share in 2022, amassing US$ 7,879.33 million. It is projected to garner US$ 13,187.00 million by 2030 to expand at 6.6% CAGR during 2022-2030.

Based on country, the Europe industrial PPE market has been categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 45.8% share of Europe industrial PPE market in 2022. It was assessed at US$ 7,314.43 million in 2022 and is likely to hit US$ 12,066.06 million by 2030, exhibiting a CAGR of 6.5% during 2022-2030.

Key players operating in the Europe industrial PPE market are Honeywell International Inc.; Hultafors Group AB; Lakeland Industries, Inc.; DuPont de Nemours, Inc.; 3M Co.; Ansell Ltd.; VF Corp; Aramark; Kimberly-Clark Corp.; and W.L. Gore and Associates, Inc., among others.

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