Home > Industrial Machinery > Personal Protective Equipment > Electrical Safety Personal Protection Equipment (PPE) Market
Electrical Safety PPE Market size was recorded at over USD 18 billion in 2022. Driven by upcoming construction and electrical industry projects and soaring focus on employee safety, the industry is expected to grow at more than 5% CAGR from 2023 to 2032. Global personal protective equipment (PPE) market is expected to surpass USD 110 billion by 2032 due to growing safety and security compliances at the workplace.
Stringent certification standards promoting high product quality are favoring industry growth. The Canadian PPE is strictly regulated by the Standards Council of Canada under the Canadian Electric Code (CDC), which guarantees that electrical products comply with applicable safety and assures the highest level of worker safety. According to the Ontario Electrical Safety Code under Ontario Regulation 777/21, Canadian manufacturers and suppliers must adhere to the proper approval process to get the ESA certification mark for their products.
Furthermore, the booming mining industry is generating high job opportunities, especially in China which in turn is fueling electrical safety PPE market expansion. China has over 1500 major mining operations and is reportedly the largest producer of mined gold with over 12.9 ounces as of 2021 which boosts foreign capital investment, exports, and employment in the country. Additionally, China spends around USD 200 billion a year on mine supply and services. Thus, China’s abundant supply of 20 rare metals, the mining sector is pushing the PPE demand for electrical use.
Report Attribute | Details |
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Base Year: | 2022 |
Electrical Safety PPE Market Size in 2022: | USD 18 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5% |
2032 Value Projection: | USD 29 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 407 |
Tables, Charts & Figures: | 658 |
Segments covered: | Product, End-use, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Risk and wearability issues of electric safety equipment are major factors restraining market growth. Employees working in oil & gas and mining find that personal protection equipment for electrical safety constructed of thick and hard material is uncomfortable, hot, and constricting. As a result, the workers are less compliant with and accept safety equipment due to inappropriate fabric material often chosen by workers, which reduces the demand for the product. For instance, healthcare workers experienced skin-related illnesses such as dryness, itching, and precipitation during the COVID-19 pandemic. Nonetheless, new product launches including Halo range of PPE by Cromwell, that are aimed at inclusivity, are likely to aid in overcoming this issue.