Demand for Automation a Clear and Present Danger to Personal Protective Equipment Market

Personal protective equipment (PPE) refers to the devices used for safeguarding various parts of the human body during industrial operation. These include equipment used to protect the head, eyes, and face, the respiratory system, hearing, and hands, and protective clothing and fall protection equipment. The global market for personal protective equipment is being driven by the rising concern for worker safety in various industries.

According to research recently published by leading market analysis firm Transparency Market Research (TMR), the global personal protective equipment market is expected to exhibit a CAGR of 7.30% from 2014 to 2020. At this robust CAGR, the market is expected to rise from a value of US$33.9 bn in 2013 to an estimated US$55.5 bn in 2020.

Professional Footwear Dominates Global Personal Protection Equipment Market

The market for personal protective equipment is segmented into protective clothing; professional footwear; fall protection equipment; respiratory protection equipment; head, eye, and face protection equipment; hearing protection equipment; hand protection equipment; others on the basis of product type. Among these, the important role played by professional footwear in ensuring the safety of industrial workers has resulted in the professional footwear segment gaining a dominant share in the global personal protective equipment market in 2013.

The segment of professional footwear was worth more than US$7 bn in 2013, more than 20% of the global personal protective equipment market. Professional footwear is used in several end-use segments of the personal protective equipment market, since several industries pose a risk to the feet of workers due to spillage of hazardous materials. However, the fall protection equipment segment is expected to grow the fastest in the forecast period, exhibiting an 8.80% CAGR. This is due to the important role played by fall protection equipment in the construction industry, which is growing rapidly all over the world.

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China’s construction industry, which is primarily labor-intensive, is a major end user of fall protection equipment, since the number of high-rises is increasing in several Chinese cities and sufficient protection has to be afforded to ensure the safety of workers working on such projects.

Rising Demand for Automation Restricts Global Personal Protective Equipment Market

Personal protective equipment is used in a large number of industries, including manufacturing, oil and gas, food and beverages, chemicals, transportation, and others. However, many players operating in these industries are increasingly opting for automation, leading to a drop in demand for personal protective equipment. The trend of automation of industrial processes is particularly high in developed countries, though the high demand for human labor in developing economies will ensure a steady growth rate for the personal protective equipment market in the coming years.

Technological Innovation to Make PPE More Efficient to Remain Key R&D Avenue

A notable development in the personal protective equipment of late, and one that is in line with the increasing need for innovation and modernization of products observed in the market, is the release of new products in the Demron product line of Radiation Shield Technologies. The company revealed the Demron ICE suit at the Personal Protective Equipment Conference in December 2015. The suit protects the wearer from biological as well as chemical threats, making it an effective tool in several industries.

Personal Protective Equipment Market Likely to Grow at 7.3% CAGR due to Government Regulations and Mandates at Workplaces

Personal protective equipment (PPE) includes equipment that protects various parts of the body. Some of the common personal protection devices are eye, head, and face protection gear, protective clothing, hearing protection, hand protection, professional footwear, and respiratory protection gears. These are worn by users to protect themselves from hazards at home or workplaces.

Industries such as chemicals, manufacturing, construction, pharmaceuticals, oil and gas, transportation, and food and beverages are some of the diverse areas of application of PPE. Other end-use industries across emerging regions are agriculture, service stations, government, the unorganized sector, and small-scale manufacturing utilities. Besides workplaces, personal protective equipment is also used in sports and other recreational activities to minimize the risk to personal health and safety.

The choice of personal protective equipment depends on what the user is exposed to, and the intensity and duration of the exposure. The equipment also comes with safety symbols that indicate the safety levels of the equipment. All these factors make PPE suitable for use in industrial and commercial spaces. Due to these factors, the market is expected to reach US$55,509.1 million by 2020, from a market value of US$33,952.5 million in 2013, growing at a positive 7.3% CAGR between 2014 and 2020, states leading market intelligence company Transparency Market Research.

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Global PPE Market Driven by Rising Mandates and Stringent Regulations 

PPEs are monitored by global protection standards. Rapid industrialization and growing occupational safety regulations are the primary factors driving the personal protective equipment market.  Increasing awareness regarding workplace safety and rise in stringent regulations imposed by governments are propelling the market, too. Rise in costs associated with workplace accidents have resulted in higher compliance to safety protocols, worldwide. Hence, increasing fatalities and major work accidents underline the significance of protection and prevention at manufacturing plants and other workplaces.

The demand from the personal protective equipment (PPE) market is mainly growing in emerging regions due to the lack of protective gear at workplaces, which leads to accidents and injuries among employees.

Mandated policies set by organizations such as NIOSH, OSHA, and NFPA are encouraging employers to establish stringent regulations and maintain workers’ safety in industries. The regulations require personal protective equipment to be assessed properly in terms of safety, maintenance, and storage. Rising regulatory emphasis on worker safety and general awareness regarding personal protective equipment are key factors propelling the PPE market.

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Among the diverse types of personal protective equipment, the growing demand for fall protection equipment from the energy and utilities sector, particularly in the Nordic region, is fuelling the PPE market. Analysts at TMR predict that the global market for fall protection equipment will register the fastest growth during the 2014-2020 forecast period. The market will rise at an 8.8% CAGR between 2014 and 2020 due to the rise in construction activities and rapid industrialization across the globe. 

Rapid Industrial Development Propelling Personal Protective Equipment Market in Turkey

The rapid industrial development in Turkey has given rise to the personal protective equipment market in this nation. The Turkish government has mandated several regulations pertaining to occupational safety for workers, prompting people to use personal protective equipment across the country. According to a market study published by Transparency Market Research (TMR), a market research and intelligence firm, the personal protective equipment market in Turkey stood at US$784.6 million in 2013.

Analysts at TMR have identified that the demand for personal protective equipment from various end users, such as the oil and gas, construction, petrochemicals, and manufacturing industries is showing extensive increase. Owing to this, the market for personal protective equipment in Turkey is likely to expand at a CAGR of 7.2% during the period from 2014 to 2020 and reach a market value of US$1,285.4 million by the end of 2020.

Browse Market Research Report of Personal Protective Equipment Market: http://www.transparencymarketresearch.com/turkey-personal-protective-equipment-market.html

Personal protective equipment is mostly used for the protection of the face and eyes, ears, head, arms and legs, and other body parts, of which the markets for the protective equipment for eyes, head, and arms/legs dominate the overall personal protective equipment market in Turkey. By 2020, the market for head protection equipment alone is expected to reach a value of US$160.2 million, whereas the market for hand protection equipment is projected to report the fastest growth at a CAGR of 8% during the period from 2014 to 2020.

Apart from this, the markets for protective clothing, protective footwear, respiratory protection equipment, and fall protection equipment are also reporting significant development. The protective footwear market emerged as the biggest Turkish personal protective equipment market in 2013, accounting for US$282.6 million. By 2020, the market is likely to attain a value of US$443.5 million, as per the TMR report.

Browse Market Research Press Release of Personal Protective Equipment Market: http://www.transparencymarketresearch.com/pressrelease/turkey-personal-protective-equipment-market.htm

The rising application of personal protective equipment in the production sector is the latest trend in this market. Other important trends in the personal protective equipment market in Turkey are:

• Rapid increase in the usage of personal protective equipment in the petrochemical industry. Analysts expect this industry to be the fastest growing end user of personal protective equipment in the coming years.

• Protective equipment for face and eyes reporting the highest demand among all equipment types. This market segment is holding the largest share of the overall personal protective equipment market in terms of volume produced as well as consumed. The market for hand protection equipment is registering the fastest growth in the market.

• Industrial development in Istanbul fueling demand for personal protective equipment. Istanbul, being the largest city in Turkey, boasts the highest workforce employed in the nation. Due to this, the region requires the highest volume of personal protective equipment, topping the list of the regional markets in Turkey. Apart from this, Izmir, Ankara, Adana, Mersin, and Antalya are some other major Turkish cities reporting significant demand for personal protective equipment.

3M Co., Avon Rubber, Ansell Ltd., JAL Group, Oftenrich Holdings Co., COFRA Holdings, Honeywell Safety Products, Elten, and Rahman Industries are the major companies operating in the Turkish personal protective equipment market.