May 20, 2024

Personal Protective Equipment Market Is Expected To Be Flourished By Rising Regulations Regarding Workplace Safety

Personal protective equipment refers to protective clothing, helmet, gloves, face shields, and others that protect the wearers’ body, eyes, face, hands and feet from hazards at workplace. It also includes high-visibility and fire-resistant clothing, gas masks and respirators, hard hats, body armor, gloves, gauntlets, and various protective footwear. Key products in the personal protective equipment market include head protection, eye and face protection, hearing protection, respiratory protection, fall protection, professional footwear, hand and arm protection, and protective clothing. They are widely used in application areas such as construction, manufacturing, oil and gas, chemicals, food, pharmaceuticals, transportation, healthcare, and mining.

The global personal protective equipment market is estimated to be valued at US$ 74.98 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics

Rising Regulations Regarding Workplace Safety
Stringent regulations framed by governments and regulatory authorities across different regions regarding personnel protective equipment at workplaces have increased demand for all types of personnel protective equipment. The Occupational Safety and Health Administration (OSHA) in the U.S. requires mandatory usage of personal protective equipment such as gloves, helmets, eye and face protection equipment, high-visibility safety clothing, respiratory protection equipment, hand protection equipment, protective clothing at manufacturing, mining and other high risk industries. Similarly, European Union has formed ‘European Standard’ framework which dictates the minimum standards for different types of personnel protective equipment. These regulations help improve workers’ safety norms at workplaces and fuel demand for personal protective equipment’s.

Flourishing End-Use Industries

Growth in construction, oil and gas, manufacturing, healthcare and other industries have seen increasing adoption of personnel protective equipment by employers and employees. Industries such as construction, mining and oil and gas experience high risks of hazards and therefore invest substantially in work safety systems involving helmet, eye and face protection, gloves, respirators and protective clothing and footwear. A booming global construction industry aids growth of the personnel protective equipment market.
Segment Analysis
The Personal Protective Equipment Market Size is segmented into head protection, face protection, eye protection, hearing protection, fall protection, professional footwear, respiratory protection, protective clothing, hand protection, and others. The hand protection segment is dominating the market owing to extensive usage of hand gloves in various end use industries like construction, manufacturing, oil & gas and chemical for safety purposes.

PEST Analysis
Political: Stringent regulations like OSHA regarding use of safety equipment at workplaces are positively impacting the demand.
Economic: Growing construction and manufacturing sectors in emerging economies are driving the market growth owing to increased demand for protective equipment.
Social: Rising awareness regarding importance of workplace safety is propelling the usage of personal protective equipment.
Technological: Development of lightweight, comfortable and durable protective equipment using advanced materials is enhancing their adoption rate.

Key Takeaways
The global personal protective equipment market is expected to witness high growth over the forecast period of 2024 to 2031. Regional analysis comprises Regional analysis Fastest growing region is Asia Pacific owing to rapid industrialization and infrastructure growth in China and India. Key players operating in the personal protective equipment market are Arkema Group, DowDuPont Inc., Ensinger GmbH, Evonik Industries AG, UBE Industries Inc., Techmer PM LLC., Invista, EMS-Chemie Holding AG, RTP Company Inc., Toray Industries Inc., Formulated Polymers Limited, and Merck KGaA. Key players are focusing on new product innovations and adoption of sustainable manufacturing practices to gain competitive edge.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it