Personal Protective Equipment Market Development, Growth and Demand Forecast to 2020

NEW YORK - Sept. 7, 2016 - PRLog -- The stringent regulations related to occupational health and safety is the key growth driver for the global personal protective equipment market (https://www.psmarketresearch.com/market-analysis/personal-protective-equipment-market). The increasing consumer awareness about personal safety at workplace is another important factor for the growth of this market. The companies around the world are focusing on employee safety, due to up surge in workplace fatalities. The hand protection equipment dominates the product segment of the global personal protective equipment market; however protective clothing is expected to become the largest product segment by 2020. Based on industry type, manufacturing industry dominated the market in 2014.

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The personal protective equipment includes products related to the protection of eye, face, head, foot and legs, and hand and arms. The hazards of different types caused by falling of objects, colliding with sharp edges, interaction with chemicals, flying sparks and several others are caused at workplaces. Several codes of regulations (CFR) have been laid down by the Occupational Safety and Health Administration (OSHA), which states the employers' liability to protect their employees from workplace hazards causing injuries. The major CFRs include eye and face protection, head protection, foot protection, electrical protective equipment, and hand protection. The non-compliance of such regulations and codes attract huge penalties to the employers. The prevalent regulations and certifications related to protection at workplace are issued by OSHA, American National Standards Institute (ANSI), and CSA Group.

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The respiratory protection segment is growing at the fastest pace, and is expected to account for a considerable share in the global personal protective equipment market during the forecast period. The increasing instances of communicable and respiratory diseases, such as H1N1 and bird flu are the key reasons for the expected growth of this segment. The demand for chemicals is increasing, due to growing industrialization and widespread use of chemicals, as raw materials for several industries. The chemical industry in Eastern Europe, Asia-Pacific, and Middle East and Africa is expected to grow with a CAGR of over 4% respectively during 2015 – 2018.

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The global personal protective equipment market is fragmented with presence of large number of regional players. The major competitors in the global personal protective equipment market include 3M Company, Honeywell, Alpha Pro Tech Limited, Ansell Ltd., Avon Rubber PLC, JAL Group Italia SRL, COFRA SRL, Uvex Safety Group, Rock Fall Limited.

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