The size of the personal protective equipment (PPE) market in the Latin American region is predicted to register a CAGR of 7.57% from 2024 to 2032 and the Latin American market size is expected to grow from USD 21.03 billion by 2032 from USD 21.03 billion in 2024.
The growing workforce in several manufacturing units located in Latin America, strict government regulations, and strict labor laws are driving the growth of the Latin American PPE market. The PPE market in the healthcare sector includes face protection, goggles, a mask or face shield, gloves, protective clothing, headgear, and rubber boots. At the same time, the motto of healthcare providers worldwide is "to protect yourself so that you can continue to help others" to protect themselves against possible external pathogens or infectious substances. This includes being up to date and up-to-date with infection prevention and control measures and proper implementation of personal protective equipment (PPE); this is expected to drive the market growth rate.
The demand for PPE is also increasing at an exponential rate due to communicable disorders. It is increasing continuously, mainly by healthcare workers/healthcare providers, due to the onset of the COVID-19 pandemic around the world. For example, in 2020, the World Health Organization (WHO) estimated by studying the COVID-19 situation worldwide that the PPE industry must increase its manufacturing capacity by 45% to meet the growing demand for PPE across the region. In addition, the WHO has also estimated that the need for protective glasses is 1.75 million per month and those for gloves are 79 million worldwide. Therefore, the upcoming new operations, specialty programs, and new advancements in PPE provide an opportunity for the growth of the PPE market in Latin America.
However, factors such as inappropriate disposal of personal protective equipment for healthcare, unmet needs, and lack of distribution in the supply chain are hampering the growth of the PPE market in Latin America. In addition, the shortage of personal protective equipment for healthcare workers in Latin America and the lack of qualified experience in training for personal protective equipment for health are hampering the PPE market in Latin America.
Geographically, the Latin American PPE market is predicted to account for a substantial share of the global PPE market during the forecast period. The growth of end-use industries such as construction, oil and gas, healthcare, manufacturing, and marine has created numerous growth opportunities in Latin America.
The healthcare market in Latin America is growing enormously due to the increase in the prevalence of respiratory infections, the increase in COVID-19 cases, the safety awareness of healthcare workers and industry, and the increase in surgical interventions. In addition, other factors are expected to drive the growth of the healthcare PPE market in Latin America, including increased government initiatives, new specialist operations and programs, and new advancements in PPE.
The Brazilian PPE market is expected to lead the Latin American market during the forecast period due to the dramatic increase in the number of COVID-19 patients. The Mexican PPE market is growing with the second-highest growth due to the increase in viral infections in the region. The Argentina PPE market is growing with the third-highest share due to the increase in medical tourism in the region. Latin America is expected to have strong demand for PPE with increasing cases of COVID and other infections. In contrast, other regions are expected to grow with a good CAGR due to increased medical funds.
Companies such as 3M, Honeywell International, Inc., DuPont, Cardinal Health, Medline Industries, Inc., Kimberly-Clark Corporation, Ansell Ltd., MSA Safety Inc., and O&M Halyard, Inc. are expected to account for the majority of the share in the Latin American PPE market during the forecast period.
Frequently Asked Questions
Brazil and Mexico are the leading contributors to the PPE market in Latin America.
The COVID-19 pandemic has led to a surge in demand for PPE across Latin America, particularly in healthcare, driving substantial market growth.
Limited awareness, budget constraints, and a fragmented supply chain are key factors impeding PPE market growth in smaller economies like Uruguay and Paraguay.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1600
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region