Global Personal Protective Equipment Market: Regional Analysis
Europe accounted for the largest revenue share of 30.8% in the global market in 2022, owing to a developed industrial platform along with rising adoption of products in the various sectors. High product penetration across European countries is attributed to a strict regulatory environment along with severe penalties for non-compliance, driving companies to use PPE regularly. Asia Pacific is expected to witness the fastest growth rate in the market at a CAGR of 7.8% over the forecast period, owing to significant economic development and industrialization across the region. Numerous factors such as the huge cost of compensation and increasing workforce fatalities are expected to encourage employers to use PPE in various end User industries.
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