Personal Protective Equipment Market Trends

Growth Drivers

• Rapid Increase in the Production of PPE Kits World Wide - The onset of COVID-19 required many regions in the world to boost their manufacturing of medical gadgets.  For instance, the growth of India in the manufacturing of PPE Kits, following the onset of the pandemic is noteworthy. Within a year from the beginning of 2020, India's manufacturing volume of PPE kits grew from a serious shortage to over 1 lakh kits a day. Similarly, the number of manufacturers of melt-blown fabric, an important raw material for N-95 masks, also saw a rise in India as it increased from less than 5 to nearly 81 in a short time.

• Grave Concern Over the Fatalities in Construction Industry – It is estimated that construction workers suffer one of the highest rates of fatal injuries among workers of any industry in the world. More than 10 in every 100,000 workers in the construction industry are estimated to suffer from such injuries every year. Further, about 1010 construction workers in the U.S. were reported to have died while at work in 2020. Large-scale infrastructure projects often pose an immense risk to the lives of the workers on the construction site. The use of PPE kits helps mitigate such risk, which remains even after the implementation of administrative and engineering control measures.

• Immense Number of Fatalities in the Manufacturing Industry – According to the National Institute for Occupational Safety and Health (NIOSH), 8% of workplace fatalities in the U.S. happen to those employed in the manufacturing sector. Further, the number of non-fatal injuries or illnesses among workers in the manufacturing industry in the U.S. only in 2019 amounted to more than 846,699.

• Rising Cases of Food Contamination all over the World – According to WHO, annually, about 600 million people around the world fall ill through the consumption of contaminated food. They add that the number of annual deaths related to the intake of contaminated food is 420 000. The use of PPE kits among those working in the food and beverages industry would help prevent the contamination of food products during the process of production.

• High Risk of Exposure to People Working in the Chemical Industry – The high number of people employed in the chemical industry calls for increased production of PPE Kits and market growth. For instance, it is estimated that China's chemical industry alone employed more than 5 million people in 2021.