LONDON--(EON: Enhanced Online News)--Technavio market research analysts forecast the global personal protective equipment (PPE) market in the construction industry to grow at a CAGR of close to 8% during the forecast period, according to their latest report.
“Thus, demand for fall protection is a driving factor for the growth of global PPE market in construction industry globally”
The market study covers the present scenario and growth prospects of the global PPE market in construction industry for 2016-2020. This report provides geographical segmentation of the market into three major regions, which include the Americas, APAC and EMEA. This report also provides a list of vendors that are active in providing PPE in construction industry worldwide.
According to Sarah Haque, a lead analyst at Technavio, “The global PPE market in the construction industry is fueled by developments in the construction industry in APAC and African countries. The market is also driven by increasing focus on fall protection by the construction industry.”
Request a sample report: http://www.technavio.com/request-a-sample?report=55042
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio analysts highlight the following three market drivers that are contributing to the growth of the global PPE market in the construction industry:
- Demand for fall protection
- Stringent and comprehensive safety regulations
- Increasing awareness driven by on-site training
Demand for fall protection
On-site injuries and accidents cause employers to pay penalties and compensation, therefore, to prevent accidents they equip laborers with PPE, which can reduce the risks of work hazards. Increasing demand for fall protection is due to the increasing construction industries in Asia-pacific, Middle-East, and Africa. Asian countries are expected to increase their infrastructure expenditure by over 6% during 2016-2020. Also, construction in the Middle East and Africa is expected to grow by over 7% annually during the period of 2016-2020.
Fall protection in terms of safety harnesses, lanyards, belts and connectors, self-retracting lifelines, and guardrail systems are used in construction sites for employees to work safely. The scaffold is a structure used in construction to support workers to aid in maintenance, construction, and repair of buildings. These scaffolds are capable of supporting fall protection equipment with maximum strength to carry the load.
Manufacturers are introducing innovative products and advanced materials for fall protection. For instance, Honeywell launched Miller H-Design Fall Arrest in July 2015 and Miller TurboLite TM Edge in December 2015. This equipment comes under fall protection category.
“Thus, demand for fall protection is a driving factor for the growth of global PPE market in construction industry globally,” says Sarah.
Stringent and comprehensive safety regulations
Around 84% of employees who sustain a head injury at workplace do not wear head protection, and 50% of construction workers suffer from serious eye injury globally. Rising number of occupational injuries and fatalities is forcing government to enforce stringent regulations employers to build a robust workplace safety. Workplace safety can be enforced and managed by proper risk management and preventive solutions.
For instance, in 1970, the US government passed the Occupational Safety and Health Act for laborers that ensure the provision of a safe and healthy work environment. The implementation of this act led to the formation of Occupational Safety and Health Administration (OSHA). OSHA ensures that safety standards are implemented at the workplace and employers work toward reducing workers' injuries. The administration covers both private and public sector employers and addresses any employee grievances that may arise out of inadequate safety at the workplace. In Great Britain, authorities such as the Health and Safety Executive work toward helping the safety of workers. The authority carries out inspections and encourages compliance with health and safety legislation.
Increasing awareness driven by on-site training
The market for PPE in construction is being driven by increasing awareness and on-site training by manufacturers. In addition to offering services, which involve the determination and selection of PPE, vendors in the market also offer on-site training support for wearers that include programs on understanding the various available features in the product and their usage in a specific scenario. For instance, hearing protection products that offer either passive or active hearing protection at the flip of a switch on the product necessitate adequate hands-on training for wearers. The goal of such training programs is to create awareness about various possible hazards at the workplace and to facilitate risk reduction by educating wearers about the correct use of safety equipment.
In 2016, OSHA conducted a National Fall Protection Stand-Down to help raise awareness in order to prevent fall hazards in the construction industry. This type of awareness campaigns are conducted regularly as a part of the comprehensive safety program.
Browse Related Reports:
- Global Personal Protective Equipment Market 2016-2020
- Personal Protective Equipment Market in the UK 2016-2020
- Global Skin Protective Equipment Market 2016-2020
Do you need a report on a market in a specific geographical cluster or country but can’t find what you’re looking for? Don’t worry, Technavio also takes client requests. Please contact firstname.lastname@example.org with your requirements and our analysts will be happy to create a customized report just for you.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at email@example.com.