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The global personal protective equipment market size was USD 128,675.1 million in 2020. The impact of COVD-19 has been unprecedented and staggering, with PPEs witnessing huge demand from all the regions. Based on our analysis, the market exhibited a stellar growth of 152.8% from 2019 to 2020. The market is projected to grow from USD 138,835.7 million in 2021 and reach USD 231,630.4 million by 2028, exhibiting a CAGR of 7.6% during the forecast period. The growth in CAGR is attributable to the sudden demand for PPEs, thereby returning to pre-pandemic levels, once the pandemic gets over.
Personal protective equipment (PPE) is majorly used to protect the user from safety hazards or workplace health. PPE is a significant source of emergency and recuperation of the worker’s safety. The growing consideration of workers’ safety in oil & gas, mining, construction, and manufacturing industries shall drive the PPE industry trends. The market includes all safety gear, which protects users against workplace hazards.
Employers are mostly seeking PPE gear for their personnel as they benefit from saving surplus expenses on employees’ compensations, medical expenditures, and lost manufacturing time. Strict regulatory mandates by bodies such as Occupational Safety and Health Administration (OSHA), National Institute for Occupational Safety and Health (NIOSH), and American National Standards Institute (ANSI) have made it compulsory for workers to ensure safe equipment usage in accident-prone areas, which, in turn, is expected to boost the PPE market growth.
COVID-19 Pandemic: Constraints in Supply and Logistics to Affect Growth
The COVID-19 pandemic is rapidly spreading across regions, causing a deep impact on the supply chain. The supply chain of the PPE market has not been able to function adequately to meet the surging demand. Moreover, restrictions in supply and logistics, including the veto on exports for the products and several other materials, have been majorly in focus. The sudden abrupt supply disruptions in the People’s Republic of China (PRC), a major producer of personal protective equipment in the global trade market and the first country to be affected by the coronavirus, are impacting Asia Pacific and the rest of the world.
Moreover, export ban and trade restrictions in more than 20 economies have aggravated the problems in the production and distribution of personal protective equipment’s. Several banks are offering help to increase the production of personal protective equipment sets and fulfil the rising demand. For instance, the Asian Development Bank is working to increase the PPE production and logistics capacities; strengthen the supply chain, and other trade finance programs; while also targeting to support more vulnerable groups such as children, women, and the elderly. According to the Healthcare Organization Procurement Professionals, many facilities and aided living centers that are treating COVID-19 patients have experienced a 1,064% increase in cost in needed products from the virus outbreak. The rising pricing is even greater (1,084%) for consumers that are using nitrile gloves because of the unavailability of vinyl gloves or other allergies.
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Utilization of Biodegradable and Recyclable Materials for Manufacturing Safety Gloves is a Vital Trend
Glove manufacturers in the U.S. are making efforts to make the environment greener, safer, and cleaner. Millions of gloves are going into landfills every year and causing soil pollution. Recently, companies such as Showa, Globus, and others introduced a biodegradable disposable nitrile glove, which is encouraging the domain of green product development. Glove producers can reduce the energy footprint by designing new machines and modifying the existing machines, which can lower energy consumption. Additionally, companies can offer the package made from 100% recycled materials for inner dispensers and outer cases made from 100% post-consumer waste.
Sustainable Usage of Hard Hats Has Emerged as a Significant Market Trend
The ongoing trend of using eco-friendly materials to maintain environmental safety has led to a rise in the industrial head protection market segment. Companies are sourcing eco-friendly raw materials such as fossil fuels to manufacture safety helmets and advancements in technology to augment product demand. For instance, MSA offers V-Gard GREEN Hard Hat that is USDA Certified Biobased with 95% bio-based content. These helmets are manufactured from a biopolymer named Green High-Density Polyethylene (GHDPE), mainly made from sugarcane-based ethanol. The product offers the benefits of reducing atmospheric CO2 and cutting carbon emissions as it is derived from GHDPE.
Security and Safety Compliances at Workplace to Augment Market Growth
The increasing awareness regarding workers’ safety and health, along with surging industry fatalities, is fostering the market. The market includes safety helmets, safety footwear, protective clothing, earplugs, safety goggles, eyewear, protective gloves, emergency escape devices, and full-body harnesses.
The increasing number of fatality rates or hazards in the workplace has forced workers to use PPE to ensure the safety of individuals. For instance, according to the International Association of Oil & Gas Producers (IOGP), there was an 8% drop in the fatal accident rate and a reduction in fatalities in the oil & gas industry from 33% in 2017 to 31% in 2018. NIOSH has issued recommendations for decreasing the risk of such fatalities by conducting hazard assessment on the well site, training workers on the hazards associated with gauging tanks, usage of respiratory protection such as Self-contained Breathing Apparatus (SCBA), and establishing emergency medical response during the event.
Moreover, the OSHA has framed occupational health and safety regulations in the U.S. in order to promote the proper usage of the product. Also, various compliance consulting firms are providing recognized certifications and tests for proper product usage to maintain a healthy workplace environment.
Growth in the Construction Industry to Drive the Personal Protective Equipment Market Growth
The growing infrastructure and construction projects in the U.S., China, and India may create huge market expansion opportunities, according to the market analysis. As per OSHA, the construction sector recorded over 995 out of 4,500 deaths in 2019, mainly due to being struck by objects, electrocution, falls, trench cave-ins, and malfunctioning of equipment such as cranes and forklifts.
Falls are the major reason for the rising fatality rates in the construction sector. According to OSHA, construction-related falls result in around 100,000 injuries and nearly 100 to 200 deaths every year. The increasing novel infrastructure projects for residential & commercial building developments shall boost the personal protective equipment market share. Furthermore, construction workers wear protective boots with puncture-resistant and slip-resistant soles that help them to prevent crushed toes, especially at the time of working around heavy equipment. The market is expected to grow at a significant rate owing to the stringent regulatory policies and norms as well as a high mortality rate. All these factors contribute to ensuring workers’ wellbeing. It would contribute to the market growth.
Sales of Inexpensive and Low-quality Products to Restrict Market Growth
The lack of consumer awareness regarding workplace hazards accompanied by the sale of substandard, low-grade, and inexpensive products may hinder the market growth rate. Besides this, the threat from duplicate, inferior quality, and substitute products may hamper the growth of the industrial safety footwear segment. Moreover, these products undergo vigorous and strict quality checks, which are mainly formulated by regulatory bodies to overcome such an unorganized sector.
Hand Protection Segment to Dominate the Market during the Forecast Period
Based on the product, the market is classified into head protection, hearing protection, eye face protection, protective clothing, protective footwear, respiratory protection, hand protection, fall protection, and others. The hand protection segment accounts for the major share of the market.
The rising awareness pertaining to workers’ safety in mining, construction, equipment manufacturing, and chemical industries will bolster the industrial safety gloves. The growing demand for safety gloves is likely to boost the hand protection segment. Workplace activities involve handling sharp edge materials such as metal, abrasion, and glass materials, which may augment product adoption. Safety gloves safeguard workers from chemical burns and metal cuts. Also, most of the safety gloves manufacturing companies are forming strategies such as acquisitions to enhance their product portfolio and boost business expansions.
For instance, in February 2019, Ansell Limited acquired Ringers Gloves, a provider of specialty impact gloves to the general and oil & gas industries. This acquisition would help both companies to strengthen their market leadership in the industrial hand protection business.
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Manufacturing Industry Accounted for Major Share in the Market in 2020
By application, the market segments include manufacturing, construction, oil & gas, chemical, food, pharmaceutical, transportation, and others. The manufacturing industry is anticipated to account for the major share during the forecast period. This is because the industry involves major injuries. For instance, the welding industry workers must use earmuffs or earplugs to protect themselves against noise. They also must wear protective gloves and safety shoes for protection against electric shocks, heat burns, and fires. Also, protective respirators are used to save oneself from oxides and fumes. While welding, one must wear a helmet, flame-resistant protective clothing, goggles, and a hand shield to protect against radiation, hot slags, chemical burns, sparks, and flying particles.
North America Personal Protective Equipment Market Size, 2020 (USD Million)
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The market size in North America stood at USD 42,805.7 million in 2020. The rising number of fatal accidents in the workplace, along with increasing workers’ and manufacturers’ awareness regarding occupational safety measures, will drive the regional market growth. According to the U.S. Bureau of Labor Statistics, in the U.S., around 5,250 workers died from a work-related injury in 2018. Additionally, the increasing government expenditure in the medical and healthcare sectors will further drive the market during the upcoming years.
Europe is expected to be the second dominant region in this market due to a rise in government investments in renewable energy sources. Supportive government regulation, such as the EU Directive 2016/425 on PPE ensuring quality standards for safety equipment sold in the European market, will fuel the regional market growth.
Asia-Pacific is expected to witness significant gains during the forecast timeframe. The rising infrastructure spending supported by rapid industrialization, mainly in India, Vietnam, and China, has led to the expansion of manufacturing industries in this region. The construction & building industry may see an uptrend on account of government policy implementations regarding smart and energy-efficient building technologies.
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Latin America and the Middle East & Africa have also seen an increase in the number of affected people with coronavirus. This surge has eventually led to high demand for products in the region. A large number of manufacturers of personal protective equipment and technological advancement as compared to other Latin American countries is primarily boosting the regional market of Brazil. Cities such as Dubai, Sharjah, and Abu Dhabi are known for tourism and are hotspots of the spread of diseases, namely, SARS and COVID-19. The high demand from these regions is expected to further boost the demand for PPE. Additionally, initiatives taken by the regional government to fight against the pandemic shall foster market growth.
Key Players to Uphold their Market Positions across Different PPE-related Areas
Major players operating in the PPE industry are adopting strategies such as partnerships, new product launches & developments, mergers & acquisitions, and agreements to enhance their market shares and presence. In April 2020, Medicom declared its plan to set up a mask production facility in Montreal, Quebec, to support and ensure the supply of PPE during the outbreak of the COVID-19 pandemic. In April 2020, IREMA Ireland announced the plan to boost the production of virus-blocking masks up to 250000 units per week amidst the outbreak of the COVID-19 pandemic. Moreover, to build competitiveness, companies are increasing their existing product offerings.
The majority of the market is highly fragmented in nature, with the presence of several local as well as regional players. Companies are offering customized products with face protection glasses, night lamp holders, and sensors to ensure workers’ safety. Most of the manufacturers are investing in product and technology innovations to gain core competency within domestic and international markets.
An Infographic Representation of Personal Protective Equipment (PPE) Market
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The market research report provides a detailed analysis of the personal protective equipment industry and focuses on crucial aspects such as leading companies and products. Also, it offers insights into market trends and highlights vital industry developments. In addition to the factors mentioned above, the report encompasses various factors that have contributed to the market's growth in recent years. It includes historical data & forecasts revenue growth at global, regional, and country levels and analyzes the industry's latest market dynamics and opportunities.
Value (USD Million)
Product; End-use Industry; and By Region
By End-use Industry
Fortune Business Insights says that the global market size was USD 128,675.1 million in 2020 and is projected to reach USD 231,630.4 million by 2028.
In 2020, the North American market size stood at USD 42,805.7 million.
Registering a CAGR of 7.6%, the market will exhibit steady growth during the forecast period (2021-2028).
The manufacturing segment is expected to lead this market during the forecast period.
Security and safety compliances at the workplace are set to drive the market.
3M, MSA, Ansell Limited, Honeywell International Inc., DuPont, Lakeland Industries, Inc., and Alpha Pro Tech, Ltd. are major players in the global market.
North America dominated the market in terms of share in 2020.
Rising awareness about hygiene to prevent pathogen transmission in healthcare facilities is expected to drive the adoption.
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