Latin America Respiratory Protective Equipment Market Size & Outlook
Latin America respiratory protective equipment market, 2018-2030 (US$M)
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Latin America respiratory protective equipment market highlights
- The Latin America respiratory protective equipment market generated a revenue of USD 957.7 million in 2022.
- The market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
- In terms of segment, air purifying respirators (apr) was the largest revenue generating product in 2022.
- Air Purifying Respirators (APR) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 957.7 million |
| Market revenue in 2030 | USD 1,494.2 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Air purifying respirators (apr) |
| Fastest growing segment | Air Purifying Respirators (APR) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air Purifying Respirators (APR), Supplied Air Respirators (SAR) |
| Key market players worldwide | 3M Co, Alpha Pro Tech Ltd, Ansell Ltd, Honeywell International Inc, Avon Protection PLC, MSA Safety Inc, Delta Plus Group S.A., Bullard, DuPont de Nemours Inc, Kimberly-Clark Corp, Gateway Safety |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.5% of the global respiratory protective equipment market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,365.0 million by 2030.
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Respiratory Protective Equipment Market Scope
Respiratory Protective Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America respiratory protective equipment 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 respiratory protective equipment market will help companies and investors design strategic landscapes.
Air purifying respirators (apr) was the largest segment with a revenue share of 66.7% in 2022. Horizon Databook has segmented the Latin America respiratory protective equipment market based on air purifying respirators (apr), supplied air respirators (sar) covering the revenue growth of each sub-segment from 2018 to 2030.
The Central & South America region is characterized by various developing countries such as Brazil, Chile, Argentina, Ecuador, and Colombia. Most Central & South American countries with large current account deficits, including Brazil, Colombia, Argentina, and Venezuela, are reeling from the volatility in the regional market brought about by the BREXIT crisis.
The fall in investor confidence is expected to prevent oil prices from recovering and this is anticipated to affect the overall exports and fiscal revenue in oil-producing economies such as Ecuador, Colombia, and Venezuela.
However, implementation of monetary policy normalization efforts by the governments of various countries in the region to align domestic inflation is expected to save the regional market from complete deterioration. Simultaneously, ongoing structural reforms in Argentina and policy continuities in Peru are expected to positively impact construction and petrochemical industries in the region over the forecast period.
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Our clientele includes a mix of respiratory protective equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America respiratory protective equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America respiratory protective equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America respiratory protective equipment market size, by country, 2018-2030 (US$M)
Latin America Respiratory Protective Equipment Market Outlook Share, 2022 & 2030 (US$M)
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