$7.0bn
$XXX.Xm
16,819
282
$X.Xbn
Personal protective equipment (PPE) quickly became a part of the lexicon in 2020 as consumers and businesses rushed to stockpile disposable masks and gloves. But, while the sudden onset of the pandemic introduced unprecedented demand to PPE manufacturers, the production of personal protective equipment has been increasingly critical to settings ranging from healthcare to industrial for years. Emphasis on workplace and employee safety has risen, driven by stricter OSHA regulations, billions lost in workplace injuries annually and increasing industrial output, strengthening PPE sales. Innovation is also moving the industry forward, with advances in materials, processes and technology transforming what manufacturers can offer to end users. While this growing market has benefited manufacturers, it hasn’t come without headwinds. An evolving PPE market has become filled with more private-label manufacturers and lower-cost substitutes from abroad than ever, creating tense price pressures for major conglomerates and smaller companies alike. In all, revenue has been expanding at a CAGR of 4.8% to an estimated $7.0 billion over the past five years, including an expected jump of 2.2% in 2023.
Industry revenue has grown at a CAGR of 4.8 % over the past five years, to reach an estimated $7.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
3m Company | 2,153.4 | 424.7 | 19.7 | |
Honeywell International Inc. | 1,470.8 | 225.7 | 15.3 | |
Msa Safety Incorporated | 478.7 | 44.3 | 9.3 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Respiratory protection, Protective footwear and Protective clothing. Respiratory protection is the largest segment of the Personal Protective Equipment Manufacturing in the US.
Public service industries mainly use protective clothing
Companies in this industry manufacture personal protective equipment. This includes protective equipment for hands, feet, eyes, ears, faces and respiratory systems. Manufacturers also produce ergonomic and fall protection equipment, as well as protective clothing, like hazmat suits and reflective vests.
Purchase this report to view all 3 major companies in this industry.
NAICS 33911 - Personal Protective Equipment Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Production of personal protective equipment stays high even as demand drops in some areas. While unprecedented demand from consumers and healthcare settings during the pandem...
Learn about an industry's products and services, markets and trends in international trade.
Construction and manufacturing industries represent major markets for this industry. Demand from these markets typically grows during economic expansions.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Personal protective equipment manufacturers are primarily located in areas with large populations as these areas represent a significant source of revenue.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The ability of companies in this industry to compete effectively depends on several factors, including the ability to negotiate favorable input prices and access to large gove...
Learn about the performance of the top companies in the industry.
Major players' future results are subject to vulnerability with respect to materials and fluctuations in the costs and availability of purchased components, compounds, raw mat...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Industry assistance related to the COVID-19 pandemic has benefited the industry by prioritizing the production of face masks nationwide and providing additional funds to PPE m...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit depends on many factors, including tariffs on goods manufactured in the United States, the price of raw materials and the level of demand.
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Personal Protective Equipment Manufacturing in the US industry in United States is $7.0bn in 2024.
There are 282 businesses in the Personal Protective Equipment Manufacturing in the US industry in United States, which has grown at a CAGR of 5.0 % between 2019 and 2024.
The market size of the Personal Protective Equipment Manufacturing in the US industry in United States has been growing at a CAGR of 4.8 % between 2019 and 2024.
Over the next five years, the Personal Protective Equipment Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Personal Protective Equipment Manufacturing market in United States are 3m Company, Honeywell International Inc. and Msa Safety Incorporated
Head protection equipment manufacturing and Respiratory protection equipment manufacturing are part of the Personal Protective Equipment Manufacturing in the US industry.
The company holding the most market share in United States is 3m Company.
The level of competition is moderate and increasing in the Personal Protective Equipment Manufacturing in the US industry in United States.