South Korea Personal Protective Equipment (ppe) Market Size & Outlook
South Korea personal protective equipment (ppe) market, 2018-2030 (US$M)
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South Korea personal protective equipment (ppe) market highlights
- The South Korea personal protective equipment (ppe) market generated a revenue of USD 934.3 million in 2022 and is expected to reach USD 1,692.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.7% from 2023 to 2030.
- In terms of segment, hand protection was the largest revenue generating product in 2022.
- Head Protection is the most lucrative product segment registering the fastest growth during the forecast period.
Personal protective equipment (ppe) market data book summary
| Market revenue in 2022 | USD 934.3 million |
| Market revenue in 2030 | USD 1,692.8 million |
| Growth rate | 7.7% (CAGR from 2022 to 2030) |
| Largest segment | Hand protection |
| Fastest growing segment | Head Protection |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hand Protection, Head Protection, Eye Protection, Face Protection, Hearing Protection, Fall Protection, Protective Clothing, Protective Footwear, By Materials, Respiratory Protection |
| Key market players worldwide | Honeywell International Inc, Lakeland Industries Inc, DuPont de Nemours Inc, 3M Co, Ansell Ltd, Avon Protection PLC, Cofra, FallTech, Alpha Pro Tech Ltd, MSA Safety Inc, Radian Group Inc, Delta Plus Group S.A. |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.2% of the global personal protective equipment (ppe) market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China personal protective equipment (ppe) market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,595.2 million by 2030.
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Personal Protective Equipment (PPE) Market Scope
Personal Protective Equipment (PPE) Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea personal protective equipment (ppe) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to personal protective equipment (ppe) market will help companies and investors design strategic landscapes.
Hand protection was the largest segment with a revenue share of 29.52% in 2022. Horizon Databook has segmented the South Korea personal protective equipment (ppe) market based on hand protection, head protection, eye protection, face protection, hearing protection, fall protection, protective clothing, protective footwear, by materials, respiratory protection covering the revenue growth of each sub-segment from 2018 to 2030.
Additionally, the government of South Korea has implemented a significant tax incentive of USD 66 billion aimed at bolstering domestic car manufacturing, in line with the country's ambitious goal of producing a collective 3.3 million electric vehicle (EV) units by 2030, thus propelling growth in the manufacturing sector.
This substantial FDI influx has played a pivotal role in fueling the expansion of the manufacturing sector, where workers are frequently engaged in intricate tasks, such as complex maintenance and inspection of assembly machines.
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Target buyers of South Korea personal protective equipment (ppe) market databook
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Our clientele includes a mix of personal protective equipment (ppe) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea personal protective equipment (ppe) market , including forecasts for subscribers. This country databook contains high-level insights into South Korea personal protective equipment (ppe) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea personal protective equipment (ppe) market size, by product, 2018-2030 (US$M)
South Korea Personal Protective Equipment (PPE) Market Outlook Share, 2022 & 2030 (US$M)
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