COVID-19 Impact Analysis on Personal Protective Equipment Industry

The implementation of strict regulations and policies regarding occupational safety and health in several countries in the recent times has positively impacted the sales of personal protective equipment. Moreover, with the outbreak of the COVID-19 pandemic and the rising awareness among people about personal safety, the demand for personal protective equipment is growing massively across the world. In many countries, the rising incidence of workplace fatalities, especially in the manufacturing sector, is rapidly becoming a major concern.

Because of the aforementioned factor, many companies and organizations are increasingly prioritizing employee safety, which is, in turn, pushing up the requirement for personal protective equipment. This equipment includes products and tools that can protect the eye, head, face, hands and arms, and feet from various occupational hazards such as those caused due to the falling of objects, collision with items having sharp edges, electric currents, flying sparks, and hazardous chemicals.

Due to the aforementioned reasons, the sales of personal protective equipment are rising sharply all over the world, which is, in turn, causing the expansion of the global personal protective equipment market. Oil and gas, manufacturing, transportation and logistics, and construction are the major industries in which these protective tools are heavily required, as per the findings of P&S Intelligence, a market research firm based in India. Globally, the sales of these instruments are significantly high in the U.S.

Apart from the U.S., the Asia-Pacific (APAC) region is also observing huge sales of personal protective equipment, primarily because of the rising industrialization and the growing population levels in the regional countries such as India, Japan, and China. In the future years, the personal protective equipment market is predicted to surge sharply in Indonesia, Brazil, and Vietnam. The market is also growing explosively in several European nations such as France, Russia, the U.K., and Germany.

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Thus, it is quite clear that due to the growing enactment of stringent workplace safety regulations and policies in several countries, the rising public awareness of personal safety, and the outbreak of the COVID-19 pandemic, the demand for personal protective equipment is rising at a rapid pace throughout the world.