The newest report on ‘Personal Protective Equipment (PPE) market’ published by Market Study Report, LLC, offers concise facts about the geographical landscape, industry size and revenue estimation of the business. Additionally, the report focuses on challenges and expansion strategies accepted by major industry players of the ‘Personal Protective Equipment (PPE) market’.
According to a new study the global personal protective equipment (PPE) market is anticipated to reach $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.
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.
Companies especially those belonging to industrial, manufacturing, and construction sectors have realised 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.
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), and 29 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 standardises guidelines for work environment.
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.
For more information about the PPE report click here.
Learn more about PCIAW® at www.pciaw.org.