Home > Pressrelease > Earplugs Market size to surpass $1.5 billion by 2032
Earplugs Market size to surpass $1.5 billion by 2032
- Published Date: December 14, 2022
Earplugs Market size valuation is poised to surpass USD 1.5 billion by 2032, according to a recent research report announced by Global Market Insights Inc.
Rising use of earplugs in music applications and as a sleeping aid is among the key drivers behind market growth. Manufacturers are increasingly designing novel earplugs for conventional noise protection at music events such as concerts. These earplugs provide low distortion during the performance with lower damaging sound levels, effectively protecting the hearing of both the performers and the event attendees.
Hearing loss is often permanent, and many popular musicians, including Moby, Will.i.am, and Ozzy Osbourne among others, have experienced hearing damage owing to a lack of awareness around earplug usage.
Long-lasting properties of custom molded earplugs to drive the material segment demand
Based on material, earplugs market from custom molded earplugs segment is expected to witness over 6% CAGR from 2023 to 2032, fueled by their long-lasting properties and lower cost-per-use. The growth can also be attributed to the higher softness of custom molded earplugs in comparison to other earplugs, which allows them to easily conform to the ear shape once worn. They are more comfortable to wear, since the ear canal changes its shape when the user is chewing or talking. Custom molded earplugs are lab-prepared and manufactured from molds taken by experienced audiologists.
Pressure equalizing capabilities of earplugs to drive the travel application segment expansion
With respect to application, earplugs market is categorized into sleeping, travel, swimming, noise reduction, and others. The market size from travel applications is poised to reach USD 120 million by 2032. During air-travel, earplugs equalize the pressure change eardrums undergo at the time of take-off and landing, fostering their demand among frequent travellers. The noise-reduction properties of earplugs in loud environments lowers the stress experienced by ears from the engine noises. With air travel becoming more available to the general population, the need for further convenience is slated to augment segment share.
Browse key industry insights spread across 350 pages with 409 market data tables and 24 figures & charts from the report “Earplugs Market Size, 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, Growth Potential, Price Trends, Competitive Landscape & Forecast, 2023 – 2032”, in detail along with the table of contents:
Strong demand from the mining sector to outline end-user segment outlook
Based on end-user, earplugs market size from the mining segment is poised to register USD 300 million by 2032. A common work-associated disorder in the mining sector is hearing loss, and frequent exposure to loud machines, drillers, and wall reverberation are prominent factors behind hearing loss among miners. As per NIOSH, by the age of 60, 75% of miners suffer from hearing impairment due to regular exposure to high noise. In this regard, earplugs can help reduce sound to 25 - 30 dB NNR without affecting the sound of warnings or backup alarms.
Government-sponsored earplug mandates to strengthen the APAC earplugs industry share
Asia Pacific earplugs market is anticipated to witness over 6.5% CAGR through 2023 – 2032, acquiring the lion’s share of the industry landscape. Hearing loss and tinnitus caused by long-term noise exposure are among the most under-addressed health issues in developing APAC economies including China, India, and other ASEAN nations. Many governments across the region have mandated the use of earplugs in high-noise workplaces to protect workers, which is fueling segment growth.
Product innovations to shape earplugs market competitive landscape
Some earplugs industry players include Honeywell International Inc., Hearos, Etymotic Research, Inc., Moldex-Metric AG & Co. KG, OHROPAX, 3M, Uvex Group, among others. To keep ahead of the competition, many players make heavy investments towards product innovations. For instance, in March 2021, Honeywell International Inc., a U.S.- based multinational conglomerate corporation introduced Honeywell HL400 Antimicrobial-Protected Dispenser, a new earplug dispenser with antimicrobial protection. The product provides workers quick access to hearing protection and has a recyclable plastic canister with multiple earplug refill options.