© 2019 Global Market Insights, Inc. USA. All Rights Reserved Personal Protective Equipment (PPE) Market Growth Outlook with Industry Review and Forecast

Global Market Scenario of Personal Protective Equipment (PPE) Industry  According to industry experts, personal protective equipment market growth can be somewhat impeded by the lack of quantifiable data that present returns on investment on such devices. However, in spite of such a challenge increased demand for product diversity will drive investments, with the greatest uptake in mining, automotive, oil and gas, fire safety, manufacturing and emergency services projected to drive personal protective equipment industry growth.personal protective equipment market  A survey of EHS directors representing 31 countries and 25 industries in 2018 indicated that personal protective equipment market, which was valued at USD 40 billion in 2016, will continue to register an expansive growth over Of the 382 EHS directors who participated in the survey, 21% have been reported to say that they expect to increase environmental, health and safety professionals’ budgets by double digits and 48% of EHS directors said that even if not increased, the budget will remain the same as in  It would prudent to state therefore, that safety and incident management are the leading concerns for EHS software expenditure plans. The personal protective equipment market is thus poised to garner major profits as smart and wearable personal protective equipment and incident management mobile apps come to the fore as the notable emerging technologies of interest in © 2019 Global Market Insights, Inc. USA. All Rights Reserved

 According to the Occupational Safety and Health Administration (OSHA), businesses spend approximately USD 170 billion per year due to illnesses and injuries sustained by employees and this expenditure comes directly out of the company’s profits. OSHA estimates that companies can reduce injury and related costs by 20% to 40% by establishing better safety and health management systems, costs that can make or break a company.  OSHA cites that with better safety and healthcare infrastructure a Fortune Five company increased productivity by 13%. Personal protective equipment market has also witnessed massive investments as more businesses are coming to realize that better workplaces necessarily mean more productive employees, higher-quality products and enhanced services. With the increasing popularity of wearable devices such as fitness trackers and smartwatches that contain sensors to monitor location, heart rate, movement, and sleep quality, the integration of such technology into personal protective equipment and work site clothing is a natural progression to enable enhanced on-site safety management.  It is evident that wearable personal protective equipment market would be the recipient of major investments. The insurance company AIG for example signed a partnership with wearable personal protective equipment technology startup Human Condition Safety in Human Condition Safety uses the cloud computing and artificial intelligence technologies of the company to monitor health and key safety indicators. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved

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 Hazardous work environments have made the growth of personal protective equipment industry inevitable with regulatory bodies not only increasing stringency regarding the use of safe work practices but also increasing the budget for bringing safety into the workplace. As per statistics presented by the U.S. Bureau of Labor Statistics, private industry employers reported nearly 2.9 million non-fatal injuries and illnesses due to reasons ranging from actual equipment to environmental hazards.  For instance, industrial noise, one of the most overlooked areas of occupational hazard, affects nearly 22 million U.S. workers yearly. As governments and personal protective equipment manufacturers are looking for ways to enhance worker health and safety without major increase in production costs, the personal protective equipment industry is projected to register commendable growth over ° Industry Analysis © 2019 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:

Competitive Analysis:  Key players in this Personal Protective Equipment (PPE) market include 3M Company, Honeywell International, Inc., Alpha Pro Tech, Ansell Ltd., Avon Protective Systems, Inc., JAL Group France SAS, COFRA S.r.l., Oftenrich Holdings Company Limited (Golden Chang), UVEX Safety Group Gmbh, Rock Fall Limited, DuPont, BartelsRieger Atemschutztechnik GmbH & Co. KG, MSA Company, Mallcom, Radians, Polison Corporation, Cigweld, Gateway Safety, Inc. © 2018 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry For Purchasing This

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