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The global personal protective equipment (PPE) market size was at USD 52.43 billion in 2019 and is projected to reach USD 92.86 billion by 2027, exhibiting a CAGR of 7.4% during the forecast period from 2020 to 2027. Amidst the outbreak of COVID-19, the US government is compelling companies to accelerate the production of PPEs to ensure the health protection of people. Increasing awareness about workplace safety, coupled with the rising support from governments, is primarily contributing towards the growth of the market. For instance, with the support from the Australian government, the UN World Food programme (WFP) offered PPE kits to the government of Bangladesh to curb the spread of COVID-19.
Growing consideration of workers’ safety in oil & gas, mining, construction, and manufacturing industries are expected to drive the personal protective equipment market trends. Personal protective equipment includes all safety gear which protects workers against workplace hazards. Employers are mostly seeking PPE gears for their personnel as they allow saving surplus expenses on employees’ compensation, 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 safety equipment usage in accident-prone areas, which in turn is expected boost PPE industry growth.
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Utilization of Biodegradable and Recyclable Materials for Manufacturing Safety Gloves to Drive the Market
Glove manufacturers in the U.S. are taking efforts to make the environment greener, safer, and cleaner. Millions of gloves are going into landfills every year and causing soil pollution. Recently, companies introduced a biodegradable disposable nitrile glove, which is encouraging the domain of green product development. Glove producers can reduce energy footprint by designing new machines and modifying the existing machines, which can lower energy consumption. Additionally, companies can offer packaging 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 advancement in technology to augment product demand. For instance, MSA offers V-Gard GREEN Hard Hat which are USDA Certified Bio-based 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 benefits of reducing atmospheric CO2 and cutting carbon emissions as it is derived from GHDPE.
Security and Safety Compliances at Workplace to Augment the Market
Increasing awareness regarding workers’ safety and health along with growing industry fatalities is fostering the growth of the PPE market size. The market includes safety helmets, safety footwear, protective clothing, earplugs, safety goggles and eye wares, protective gloves, emergency escape devices, and full body harnesses.
Increasing the fatality rate and hazards in the workplace has forced workers to use PPE to ensure their own safety. For instance, according to the International Association of Oil & Gas Producers (IOGP), there was an 8% drop in the fatal accident rate and drop in the fatalities in 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, train 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 adverse events. Moreover, the OSHA has framed occupational health and safety regulations in the U.S. in order to promote the proper usage of PPE. Also, various compliance consulting firms are providing recognized certifications and tests for proper product usage and maintain a healthy workplace environment.
Growth in the Construction Industry to Drive the PPE Market
Growing infrastructure and construction projects in the U.S., China, and India is expected to create huge market expansion opportunities. According to OSHA, the construction sector recorded over 995 out of 4,500 deaths, mainly due to workers getting struck by objects, electrocution, falls, trench cave-ins, and malfunctioning equipment such as cranes and forklifts.
Falls are the major reason for fatalities in the construction sector. According to OSHA, construction-related falls result in around 100,000 injuries and nearly 100 to 200 deaths every year. An increase in novel infrastructure projects for residential & commercial building developments is likely to boost the demand for PPE. Furthermore, construction workers wear protective boots or shoes with puncture-resistant and slip-resistant soles to prevent crushed toes when working around falling objects or heavy equipment. Stringent regulatory policies and norms along with high mortality rate have been framed to safeguard workers’ well-being, thereby contributing towards the personal protective equipment market growth.
Sale of Inexpensive and Low-Quality Products to Restrict Market Growth
Lack of consumer awareness regarding workplace hazards accompanied by the sale of substandard, low grade, and inexpensive products may hinder the growth of the personal protective equipment industry. Besides this, threats from duplicate, inferior quality, and substitute products may hamper the industrial safety footwear segment growth. Moreover, these products undergo vigorous and strict quality checks, which are mainly formulated by regulatory bodies to overcome the challenges posed by the operations of such unorganized and underground activities.
Hand Protection Segment to Dominate the Market
Based on 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. Hand protection accounts for the major share of the PPE industry. Growing awareness pertaining to workers’ safety in mining, construction, equipment manufacturing, and chemical industries is expected to bolster the demand for industrial safety gloves. Workplace activities involve handling sharp edge materials such as metals, abrasions, and glass materials, which may augment product adoption. Safety gloves safeguard workers from chemical burns and metal cuts. Also, most of the safety gloves companies are forming strategies in the form of acquisitions to enhance product portfolio and boost business expansion. For instance, in February 2019, Ansell Limited acquired Ringers Gloves, provider of specialty impact gloves to general and oil & gas industries. This acquisition would help both the companies to strengthen their market leadership in the industrial hand protection business.
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Manufacturing Industry Accounted for Major Share in the Global Market
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 time period as it requires a wide range of PPE gears as the industry involves activities that can result in major injuries. For instance, welding industry workers must use earmuffs or earplugs to protect against noise, along with protective gloves and safety shoes for protection against electric shocks, heat burns, and fires. Also, protective respirators are used to protect against oxides and fumes. While welding, one must wear helmet, flame-resistant protective clothing, goggles, and hand shield to protect against radiation, hot slags, chemical burns, sparks, and flying particles.
North America Personal Protective Equipment (PPE) Market Size, 2019 (USD Billion)
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The findings based on our research methodology indicate North America will lead the personal protective equipment market share during the forecast period. Rise in 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., a record 5,250 workers died from a work-related injury in 2018. Additionally, increasing government expenditure in 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, owing to rising government investments on 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 regional market growth.
Asia-Pacific is expected to witness significant gains during the forecast timeframe. Rising infrastructure spending supported by rapid industrialization, mainly in India, Vietnam, and China, has led to rise in the manufacturing industries in this region. The construction & building industry may see an uptrend on account of government policy implementations regarding energy-efficient and smart building technologies.
Ansell Limited Entered into Strategic Partnership with ProGlove to Develop Hand Protection Solutions
In November 2019, Ansell Limited entered into a partnership with ProGlove, an industrial wearables provider, to develop hand protection solutions. This partnership will highlight IIoT (Industrial Internet of Things) innovation in growing Ansell’s PPE business and to create a safer work environment. This will also provide the workers the digital assistance for choosing the right protective gear.
Key Players to Uphold their Market Position Across Different PPE-related Areas
Major players operating in the industry are adopting strategies such as strategic partnerships, new product launch & development, mergers & acquisitions, and agreements to enhance their market share and presence. Moreover, to build competitiveness, companies are expanding their existing product offerings.
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 glass, night lamp holder, and sensors to ensure workers’ safety. Most of the manufacturers are investing in product and technology innovation to gain core competency within domestic and international markets.
The personal protective equipment market report offers qualitative and quantitative market insights and a detailed analysis of market size & growth rate for all possible segments in the market.
An Infographic Representation of Personal Protective Equipment (PPE) Market
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Along with this, the report provides an elaborative analysis of PPE industry dynamics, emerging trends, and competitive landscape. Key insights offered in the report are the adoption trends of PPE by individual segments, recent industry developments such as partnerships, mergers & acquisitions, consolidated SWOT analysis of key players, Porter’s five forces analysis, business strategies of leading market players, macro and micro-economic indicators, and key industry trends.
Value (USD Billion)
As per Fortune Business Insights study, the market is predicted to reach USD 92.86 billion by 2027 with a CAGR of 7.4% (2020 -2027).
Some of the industries that majorly use PPE include construction, oil and gas, and pharmaceutical industry.
In 2019, the global PPE market size was USD 52.43 billion and it is anticipated to reach USD 92.86 billion by 2027 growing at a modest CAGR of 7.4% during the forecast period (2020 -2027).
Lack of consumer awareness regarding workplace hazards along with sale of substandard, low grade, and inexpensive products may disrupt the market. Also, skin allergies due to latex material usage may hinder the industrial protective gloves segment. Risks associated from inferior quality, substitute, and duplicate products may disrupt the industrial protective shoes segment.
The protective clothing and hand protection segments are leading the market.
Some of the key driving factors for the market include growth in the construction industry, security and safety compliance at the workplace, and favorable government regulations regarding the usage of protective gears.
Some of the key players in this market are Honeywell International, 3M, Ansell Ltd., DuPont, Avon Protection, MSA, and Mallcom (India) Limited
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