Global Disposable Protective Clothing Market Expected to Gain Revenue of $5,844.7 million by 2028 at a CAGR of 5.9% from 2021 to 2028 - Exclusive Report [232 pages] by Research Dive
The global disposable protective clothing market is set to gain significant revenue in the forecast period. The Asia Pacific region is predicted to dominate the market. Several industry experts are working on measures to help in the market growth
NEW YORK, Sept. 14, 2021 /PRNewswire/ -- A recently published report by Research Dive stated that the Global Disposable Protective Clothing Market is expected to garner revenue of $5,844.7 million by 2028 rising from $3,546.0 million in 2020 at a CAGR of 5.9% from 2021-2028.
As per the report, the Asia-pacific Disposable Protective Clothing Market generated revenue of $1,217.3 million in 2020 and is set to experience further growth at a CAGR of 6.4% from 2021-2028. In 2018, China was one of the largest exporters of PPE until the pandemic which started towards the end of 2019 leading to a dip in their exports. The production output in India increased exponentially to keep up with the surge of COVID cases. This requirement is predicted to lead to the rapid growth of the global market in the analysis period.
Key Market Segments
- By type, the polyethylene sub-segment is predicted to garner a revenue of $2,511.1 million by 2028 rising from $1,470.4 million in 2020. Polyethylene has various properties such as durability which allows it to be resistant towards acids, bases, and alcohol. These factors are expected to further ensure the growth of the segment in the forecast period.
- By application, the chemical sub-segment is set to garner a significant revenue of $1,769.8 million by 2028. This is due to an increase in the usage of disposable protective clothing market within oil and gas industry. This is anticipated to assist in the growth of the sub-segment in the analysis period.
- By end use, the healthcare sub-segment is expected to witness a rise in revenue from $1,376.9 million in 2020 to over $2,360.0 million by 2028. The increasing cases of coronavirus drove the sector to implement guidelines which asked professional to wear PPE kits. This was done primarily to limit the spread of the coronavirus further.
Disposable protective clothing is found in sets of loosefitting pieces of sleeves, full leggings, footwear covers. The rise in coronavirus cases led to a substantial demand for PPE kits due to which individual sewers also received contracts to produce additional disposable protective clothing. These initiatives are expected to add to the rapid growth of the market.
On the contrary, extensive use of these disposable kits is also damaging the environment. The process of properly disposing these clothing items uses an incinerator that works fossil fuels resulting in excessive carbon emissions. The above-mentioned factors are hence limiting the development of the market.
But healthcare professionals today have been used to using two pairs of gloves while handling the patients as recommended by the World Health Organization. This is to ensure redundancy in case the first pair faces damage either from disinfectants or from needle stick injuries. The guidelines are expected to provide growth opportunities for the market in the analysis period by protecting the healthcare professionals.
Key Players, New Developments, and Strategies
- Honeywell International Inc.
- Ansell Ltd.
- DuPont de Nemours, Inc.
- Kimberly-Clark Corporation
- International Enviroguard
- Derekduck Industry Corp.
- Lakeland Industries, Inc.
- Drägerwerk AG
- Asatex AG
For instance, in April 2020, DuPont, a renowned global innovation leader launched an initiative known as #TyvekTogether. This aimed to produce over 6 million non-surgical isolation clothing which was expected to protect the frontline works from contracting the coronavirus.
The report also summarizes many important aspects including financial performance of the key players, SWOT analysis, product portfolio, and recent strategic developments - Inquire and Get Quick Access to Top Companies Development Strategies Summary Report
Impact of COVID-19 on the Global Disposable Protective Market
The healthcare industry implemented preventive measures to assist in curbing the rise in coronavirus cases. With this came the surge in demand for disposable protective clothing for various essential sectors. Panic buying and hoarding of PPE kits came along due to the sudden increase in coronavirus cases, which resulted in shortage as well. However, a majority of the countries started producing PPE kits internally, to cater to this issue which ensured self-sufficiency.
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Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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