Top 10 Growth Opportunities in Personal Protective Equipment, 2024
Published on: 20-Feb-2024 | SKU: PP_2024_595

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Personal protective equipment (PPE) is a growing and lucrative industry globally.

As the PPE industry struggles with pricing pressures, growing inflation, and global economic uncertainty, successful stakeholders offer strategic product differentiation by adapting their products to changing consumer and regional preferences, and by digitalizing supply chain and company processes. More mergers and acquisitions (M&A), the adoption of PPE standards, and evolving training modules will drive the future competitive landscape.

Despite the market’s intense dynamics, at its core, the PPE industry exists to enhance worker safety, productivity, and return on investment (ROI). The major trends that will define the industry are sustainability, connectivity, and the reshoring of healthcare and industrial PPE manufacturing capabilities.

2024 promises to be a transformative year for PPE as sustainable growth practices take hold in the industry. Frost & Sullivan has identified the top 10 dynamic growth opportunities that PPE raw material suppliers, manufacturers, and distributors should leverage in 2024 for success.

Author: Anjan Kumar Roy

Strategic Imperatives

Top 10 Growth Opportunities

Growth Opportunity 1: Sustainability

Growth Opportunity 2: Connectivity

Growth Opportunity 3: Reshoring

Growth Opportunity 4: Mergers & Acquisitions

Growth Opportunity 5: PPE Decontamination as a Service

Growth Opportunity 6: Changing Consumer Preferences

Growth Opportunity 7: PPE Standards Adoption

Growth Opportunity 8: Regional Differentiation

Growth Opportunity 9: Digitalization

Growth Opportunity 10: Changing Training Landscape

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Personal protective equipment (PPE) is a growing and lucrative industry globally. As the PPE industry struggles with pricing pressures, growing inflation, and global economic uncertainty, successful stakeholders offer strategic product differentiation by adapting their products to changing consumer and regional preferences, and by digitalizing supply chain and company processes. More mergers and acquisitions (M&A), the adoption of PPE standards, and evolving training modules will drive the future competitive landscape. Despite the market s intense dynamics, at its core, the PPE industry exists to enhance worker safety, productivity, and return on investment (ROI). The major trends that will define the industry are sustainability, connectivity, and the reshoring of healthcare and industrial PPE manufacturing capabilities. 2024 promises to be a transformative year for PPE as sustainable growth practices take hold in the industry. Frost & Sullivan has identified the top 10 dynamic growth opportunities that PPE raw material suppliers, manufacturers, and distributors should leverage in 2024 for success. Author: Anjan Kumar Roy
More Information
Deliverable Type Market Research
Author Anjan Kumar Roy
Industries Personal Protective Equipment
No Index No
Is Prebook No
Keyword 1 ppe equipment
Keyword 2 personal protective equipment
Keyword 3 PPE Industry Insights
Podcast No
WIP Number KA09-01-00-00-00

Top 10 Growth Opportunities in Personal Protective Equipment, 2024

Personal Protective EquipmentTop 10 Growth Opportunities in Personal Protective Equipment, 2024

Sustainability and Connectivity Will Be the Keys to Growth

RELEASE DATE
20-Feb-2024
REGION
Global
Deliverable Type
Market Research
Research Code: KA09-01-00-00-00
SKU: PP_2024_595
AvailableYesPDF Download
$2,450.00
In stock
SKU
PP_2024_595