Mexico Respiratory Protective Equipment Market Size & Outlook
Mexico respiratory protective equipment market, 2018-2030 (US$M)
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Mexico respiratory protective equipment market highlights
- The Mexico respiratory protective equipment market generated a revenue of USD 279.8 million in 2022 and is expected to reach USD 442.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.9% 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.
Respiratory protective equipment market data book summary
| Market revenue in 2022 | USD 279.8 million |
| Market revenue in 2030 | USD 442.4 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Air purifying respirators (apr) |
| Fastest growing segment | Air Purifying Respirators (APR) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Mexico accounted for 1.9% of the global respiratory protective equipment market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. respiratory protective equipment market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,945.9 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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Mexico 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 63.01% in 2022. Horizon Databook has segmented the Mexico 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.
According to the World Bank, Mexico is the second-largest economy in North America and the 15th largest economy in the world. Over the last few years, North America has witnessed economic volatility because of stringent trade policies by the U.S. on the import of Chinese goods.
This has adversely affected the regional growth on a macro-economic level and created favorable grounds for investments in Mexico. According to the IMF forecasts, the Mexican GDP contracted by 8.2% in 2020.
However, the GDP is anticipated to improve in the coming years with the IMF forecasting 5% growth in 2021 and 3% growth in 2022, depending on post-pandemic global economic recovery.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico respiratory protective equipment market , including forecasts for subscribers. This country databook contains high-level insights into Mexico respiratory protective equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico respiratory protective equipment market size, by product, 2018-2030 (US$M)
Mexico Respiratory Protective Equipment Market Outlook Share, 2022 & 2030 (US$M)
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