Personal Protective Equipment Market Share

Personal Protective Equipment Market Share Analysis

The forecast for Foreign Direct Investment (FDI) projects and capital investment indicates a decrease of about a third by the year 2020. This decline is not surprising given the challenges faced worldwide in the past year. According to the fDi Global Greenfield Investment Trends 2021 study, there were 11,223 FDI projects announced in 2020, down from 16,816 in 2019. Capital investment also dropped by 34% to USD 528.2 billion, and employment creation fell by 41% to 1.4 million. The main reasons behind this decline were disruptions in supply chains and industrial production caused by lockdown measures and factory shutdowns. Many multinational businesses (MNEs) postponed their investment plans due to factors like reduced corporate profitability, a decline in global and regional demand, and an economic slowdown.

Despite these challenges, emerging economies like India, China, and Japan continue to invest in infrastructure development projects. The Asia-Pacific region, in particular, is considered highly attractive due to significant cash inflows from infrastructure and equipment utilization businesses.

The growth of industrial hubs and increasing FDI in major manufacturing sectors in countries such as China, India, and Brazil is expected to make these regions lucrative markets for personal protective equipment in the coming years. Various foreign developers are focusing on emerging economies to establish their businesses, taking advantage of FDI incentive schemes. This not only boosts the economy of the country but also contributes to industrialization. Governments in these countries have adapted and restructured their manufacturing policies and procedures to attract investments and facilitate growth.

Moreover, there has been a rise in the average expenditure of manufacturing companies in developing regions. This increase is expected to drive the demand for personal protective equipment. As awareness grows across various industries, there is likely to be an improvement in safety and hygiene standards, leading to progressive healthcare reforms in developing countries. This, in turn, will result in significant investments in advanced product development programs in these nations. In conclusion, the potential for growth in developing nations, driven by industrial development, presents an opportunity for market players in the personal protective equipment sector.