If we look at India’s industry, PPE market is still at its nascent stage. But however, it is witnessing quite the traction across many industries, today. Moreover, with the outbreak of COVID-19 virus, Personal Protection Equipment has become vital for many industries to safeguard their workers from getting infected and also provide a safe environment.
Today among various industries that include construction, chemical, medical, pharmaceutical, steel & fabrication, and steel & fabrication, construction and automotive segments have been the most dominant ones. According to a report, the global Personal Protection Equipment market is expected to grow at 6.7 percent to reach USD 59.50 in 2019, and is steadily growing due the increasing demand from numerous industrial domains.
Talking about the F&GM business, CEO of Ad-on Safety, Rashmin Shah, stated, “ We are in F&GM business and we are selecting products which are having very good features. Few products are very uncommon, such as First-aid kits
in respect to different industrial requirements which are aligned with the factory ACT 1948 - Emergency Rescue Kits. Other products are made in India, otherwise in the market, they are mostly imported from China or overseas. Some products have added value for the quality and comfort.”
Furthermore, these industries are labor intensive industries and accidents are usually associated with various injuries such as cuts, and chemical burns which can lead to lacerations or amputations.
Hence, the growing accidental incidents which sometimes lead to death of some workers has mandated the use of such protective equipment for the employees of these kinds of industries. These factors have significantly contributed to the growth of the PPE market today.
So to talk about the latest product launches in the PPE segment, the players in this segment are focusing on expanding their market share by launching various new products.
For instance, the new Skills Insight Intelligent Wearables range of the Honeywell company featured a head-mounted visual display that can respond to voice commands and bring real-time data, work procedures, documents and also the safety and health information into consideration. This technology product would allow users to send and receive messages without using their smartphones. Moreover, with the development of better quality pharmaceutical drugs, it has significantly increased the requirement of personal protective equipment (PPE) in the healthcare sector across the globe today.
The rising awareness of employees’ safety at the workplace among industries along with the increasing number of COVID-19 cases has further aided this market to drive growth in these times of pandemic.
While, if we look at the healthcare sector, the development of improved quality of pharmaceutical drugs across various clinical labs has also increased the demand for the PPE in this segment.
Adding to it, the Asia-Pacific region is experiencing a growth in the demand for PPE kits owing to the rapid spread of the COVID-19 virus. Sectors such as airlines have been also driving PPE kits growth bandwagon today.
Also PPE kits are being manufactured at an outstanding rate for the frontline workers across various industries. As these workers are the most exposed ones to the virus, hence it is vital for them to have PPE kits.