According to a new study published by Polaris Market Research the Global Personal Protective Equipment (PPE) Market Is Anticipated To Reach USD 81.35 Billion By 2026. The market growth is propelled majorly by the increasing concerns of employers over the safety of its employees. Employers are highly responsible for offering a healthy and safe workplace to their workers. Employees working at industrial sites are prone to different forms for hazards, they are likely to come across sharp objects, flying sparks, unbearable loud noise, falling objects, and chemicals that could cause them serious injuries.
Companies especially those belonging to industrial, manufacturing,
and construction sectors have realized that it is better to take precautions
and prevent any lethal damage to any of their workers. Many regulatory bodies
have laid guidelines to promote the safety and health of workforce. For
instance, Occupational Safety and Health Administration (OSHA) in the U.S. is
responsible for formulating standards that are aimed to encourage a safe and
healthy environment for employees.
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OSHA has set requirements for the use of PPE such as 29 CFR
1910.135 (Head protection); 29 CFR 1910.137 (Electrical protective equipment);
29 CFR1910.136 (Foot protection), and29 CFR 1910.138 (Hand protection), among
others. OSHA together with few other agencies such as National Institute for
Occupational Safety and Health (NIOSH), and National Fire Protection Association
(NFPA), among others standardizes guidelines for work environment.
PPE finds application in various industries including oil &
gas, petrochemicals, transportation, food& beverages, power & energy,
construction, and healthcare, among others. Among these industries,
construction industry is experiencing highest application, and is among one of
the largest end-use industry that is driving the market. The industry is
flourishing in Asia Pacific region, primarily due to the presence of developing
nations that are heavily investing in their infrastructural facilities.
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Key Findings from the study suggest that the largest share of the
market in 2017 was of the North American region. Moreover, the market is segmented
on the basis of products and end use. On the basis of product, the market can
be segmented into eye protection, hand protection, head protection, hearing
protection, fall protection, protective clothing, professional footwear, and
respiratory protection, among other. Professional footwear is anticipated to
foresee highest growth, owing to their wide range of application across various
industries. These footwears are largely utilized for protection from sharp edge
objects, and helps avoid direct contact from any hazardous chemicals.
Major players operating in the market includes companies such as
MSA Safety Inc., Ansell Ltd., 3M Company, Alpha Pro. Tech Ltd., Rock Fall
Ltd.,JSP Ltd., Oftenrich Holdings Co. Ltd, JAL Group, COFRA Holding AG, Golden Chang,
Avon Rubber p. i. c., Rahman Group, and Honeywell International Inc., among
others.
