South Korea Respiratory Protective Equipment Market Size & Outlook
South Korea respiratory protective equipment market, 2018-2030 (US$M)
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South Korea respiratory protective equipment market highlights
- The South Korea respiratory protective equipment market generated a revenue of USD 261.4 million in 2022 and is expected to reach USD 461.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.4% 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 261.4 million |
| Market revenue in 2030 | USD 461.8 million |
| Growth rate | 7.4% (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, South Korea accounted for 1.8% 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 Asia Pacific, China respiratory protective equipment market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,502.0 million by 2030.
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Respiratory Protective Equipment Market Scope
Respiratory Protective Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 82.36% in 2022. Horizon Databook has segmented the South Korea 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.
Primary industries contributing to the economic growth of South Korea include electronic equipment, vehicle manufacturing, medical, plastics, and iron & steel sectors. Rising investment in steel manufacturing and energy systems is expected to remain the key driver for industrial growth in the region.
Furthermore, growing concerns regarding occupational respiratory hazards due to toxic gases and harmful dust particles are expected to drive the demand for respiratory protective equipment, thereby having a positive impact on the demand for RPE over the forecast period.
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Target buyers of South Korea respiratory protective equipment market databook
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea respiratory protective equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea respiratory protective equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea Respiratory Protective Equipment Market Outlook Share, 2022 & 2030 (US$M)
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