Snapshot of the $456 Million Alpine Personal Protective Equipment (PPE) Market, 2023

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Sep 13, 2019, 15:30 ET

DUBLIN, Sept. 13, 2019 /PRNewswire/ -- The "Snapshot of the Alpine Personal Protective Equipment (PPE) Market, 2018" report has been added to ResearchAndMarkets.com's offering.

This market is expected to experience a moderate growth rate, generating €456.2 million by 2023, at a compound annual growth rate (CAGR) of 2.6% from 2018 to 2023.

Work safety policies are on the rise and are now being regulated more strictly to ensure proper compliance. The Alpine PPE market generated a revenue of €400.4 million in 2018.

This research service analyses the Alpine personal protective equipment (PPE) market covering Austria and Switzerland. The main segments covered by product type are above the neck (including head protection, hearing protection, eye and face protection), foot protection, hand protection, protective apparel, respiratory protection, gas detection, and fall protection.

Automotive, chemicals, pharmaceuticals, MEM, and construction industries are helping generate higher demand for PPE in the region. Improving employment numbers, especially women workforce, is also driving larger revenues in the market. Hand protection, protective footwear, and protective apparels are the largest product segments in the Alpine PPE market, accounting for 72.0% of the total revenues generated in 2018. The market is expected to show similar trends in the forecast period.

Austria is a well-developed industrialised country. Apart from its main service sector, the key industries are mechanical engineering, steel construction, real estate, chemicals, and vehicle and parts manufacturing. It also has a few natural resources such as iron ore and non-ferrous metals. Constant growth in the industrial sectors also requires supplementary imports in the country. The construction sector has rebound in the country with a rising population and increasing demand for houses, suggesting a favourable condition for labours. With a strong increase in disposable income, the outlook for private sector looks promising.

High capacity utilisation suggests that PPE investment will remain firm. Switzerland employs the largest number of people in chemicals and pharmaceuticals. Chemicals and pharmaceuticals industry directly employs 70,000 people, with all major global companies having their setups in the country. Chemicals, pharmaceuticals, MEM, construction, general manufacturing, textile, and agriculture are important end-user applications for the PPE market in Switzerland.

As the Alpine market is one of the safety-conscious markets, it has high acceptance for innovative products. Hence, manufacturers offering premium products are well adopted in the region Revenue growth is fuelled by improving construction industry, decreasing the unemployment rate, increasing participation of women across industries, and rising regulations to improve safety and health of workers in the region. All these factors contribute to expected market growth at a CAGR of 2.6% from 2018 to 2023.

Key Topics Covered:

Executive Summary

Key Findings

Market Engineering Measurements

Global PPE Market - An Overview

PPE Market - An Overview
What Drives the PPE Market?
Global PPE Market - Percent Revenue by Product Type

Alpine - Overview of Population, Industries, and Demography

Alpine - An Overview
Alpine - Unemployment Rate
Alpine - Percent Employment by Industry Sector
Austria - Employment by Industry Sector
Austria End-user Industry - Top Industrial End-user Market for PPE
Switzerland - Employment by Industry Sector
Switzerland End-user Industry - Top Industrial End-user Market for PPE
Alpine End-user Industry - PPE Requirement and Usage by Industry

Alpine PPE Market - An Overview

Alpine as a Part of the Global PPE Market
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion
Revenue Split by Product Type
Revenue Forecast by Product Type

Alpine PPE Market - Trends and Outlook

Austria - PPE Standards and Regulations
Switzerland - PPE Standards and Regulations

Alpine PPE Market Outlook

Disposable Hand Protection Segment Outlook
Non-disposable Hand Protection Segment Outlook
Protective Apparel Segment Outlook
Foot Protection Segment Outlook
Respiratory Protection Segment Outlook
Gas Detection Segment Outlook
Above-the-Neck Protection Segment Outlook
Fall Protection Segment Outlook
Market Trends
Competitive Environment
Competitive Landscape
Partial List of Select Market Participants by Product Type

Alpine PPE Market - Distribution Trends

PPE Distribution Trends
Distributor Competitive Landscape - Alpine
Customer Preferences - Top Customer Requirements
Customer Requirement by Products

Growth Opportunities and Companies to Action

Growth Opportunity - Female Workforce: A Promising Segment
Strategic Imperatives for Success and Growth

The Last Word

For more information about this report visit https://www.researchandmarkets.com/r/2t8jnp

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