Earplugs Market Size to exceed $1.35 billion by 2027
Published Date: March 15, 2021 Authors: Kiran Pulidindi, Akshay Prakash
According to a new research report by Global Market Insights, Inc., the Earplugs Market size to exceed USD 1.35 billion by 2027. Rising product adoption in manufacturing industry will prosper the product consumption. The manufacturing industry workers are exposed to higher noise levels while operation heavy equipment and machinery which might lead to hearing problems.
In recent years, the number of labors experiencing hearing problems have increased significantly, especially the ones who operate or work in the vicinity of these machines. Most of the manufacturing machines operate at 100 dB or louder and continuous exposure will cause hearing loss over time, owing to which employees have to wear earplugs while working. The prevention against such high noise levels is very important, as it can lead to permanent hearing loss, one should use a correct hearing protection equipment as per their workplace guidelines.
Wearing a noise protector is important if the sound or noise level at a workshop is more than 85 decibels. Increasing impact of OSHA for hearing conservations in the manufacturing industries is expected to positively influence the earplugs market.
Browse key industry insights spread across 200 pages with 235 market data tables & 24 figures & charts from the report, “Earplugs Market, By Material (Silicone, Custom Molded, Foam, Flanged), By Application (Sleeping, Noise Reduction, Swimming, Travel), By End-Use (Construction, Commercial, Forestry, Military, Mining, Manufacturing, Healthcare), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Landscape & Forecast, 2021 – 2027” in detail along with the table of contents:
Flanged material segment will hold approximately one-fifth share in earplugs market by 2027. The flanged type of earplugs has tapered, multiple fins that flex for a comfortable fit in the ear canal. These tapered fins are responsible for creating pockets of air, which helps to lower the surrounding noise. They also provide optimal protection and increased comfort for a long-term wear. Many companies are manufacturing triple flanges, which adapt to the shape of the ear to form multiple seals against noise.
Sleeping application segment will witness around 5% CAGR in earplugs market size through 2027. Sleeping with earplugs can significantly improve the quality of sleep. Many people use earplugs while sleeping to avoid loud noise that disturbs their sleep such as noise from a snoring partner or nearby freeway. Moreover, over the past years, earplugs for sleeping application have substantially increased since they help to improve the quality of sleep and reduce the risk of many diseases such as high blood pressure and depression.
Military end-use segment will witness strong growth in earplugs market. Earplugs are utilized by various armed forces to provide better noise protection for soldiers and to gain an edge on the combat zone. According to the U.S. Department of Veteran's Affairs, tinnitus, hearing loss, and other hearing impairments are the most common service-connected disabilities for army personnel. Earplugs offer noise reduction during firing arms without compromising communication.
Asia Pacific will be the fastest growing market
Asia Pacific will witness over 6% CAGR during the forecast timeframe. The region has transformed into manufacturing hub and has the largest workforce. Asia accounts for majority of share in the global construction spending. Private & public investment, supportive government initiatives, availability of resources, etc. are some of the chief factors prospering the growth of major industries in the APAC region.
Tinnitus and hearing loss are among the most common consequences of long-term noise exposure and remain an under-addressed health issue in many developing countries including India, China, and the ASEAN countries. Many governments in Asia are mandating the use of earplugs in high sound workplaces to reduce the occupational hearing casualties which will boost the earplugs market demand.
Acquisitions and new product development to boost the market position
The major earplugs industry players include 3M; Honeywell International Inc.; Hearos; Allens Industrial Products; Etymotic Research, Inc; Moldex-Metric AG & Co. KG; Magid Glove & Safety Manufacturing Company LLC; Noise Busters Direct; Uvex Group; OHROPAX; Liberty Glove & Safety; Radians Custom; Speedo International Limited and Living Stones Biz.
Key earplug manufacturers are emphasizing on new product development and acquisitions to strengthen their foothold. Uvex Group acquired further shares in HexArmor. HexArmor is primarily engaged in manufacturing safety gears across the U.S. including earplugs for hearing protection. This strategy will provide the company further options to expand the product range and solidify their foothold across the North America market.