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Global Confined Space Personal Protective Equipment (PPE) Growth Opportunities

  • ID: 5451122
  • Report
  • September 2021
  • Region: Global
  • 99 Pages
  • Frost & Sullivan
New Product Development Driven by Stringent Regulations and Increased Workplace Hazards

FEATURED COMPANIES

  • 3M
  • Draeger
  • Honeywell
  • MSA
  • Pure Safety Group

The global confined space PPE market is in the nascent growth stage. Market revenue for 2020 hit $235.3 million and will reach $276.7 million by 2025, increasing at a compound annual growth rate (CAGR) of 3.3% (from 2020 to 2025).

Among end-user verticals, utilities and wastewater treatment and agricultural products and services are the 2 largest segments, with a revenue share of 16.2% and 15.1%, respectively, followed by manufacturing at 7.2% and electrical and electronic equipment at 6.8% in 2020. Stringent implementation of regulatory norms and growing end-user awareness about hazards in confined spaces will drive market growth.

Fall protection is the largest product segment, accounting for 26.4% of market revenue share in 2020, followed by above-the-neck protection at 14.8% and gas detection at 10.4%. The increasing occurrence of accidents related to the collapse and engulfment of confined spaces will drive demand for fall protection PPE.

Fall and respiratory PPE will represent the fastest-growing product segments until 2025, driven by demand from the utilities and wastewater treatment, agricultural product and services, manufacturing, and electrical and electronic equipment industries. Increases in hazardous and risky work environments will spur growth in these 2 product segments.

Driven by high compliance rates and stringent regulatory norms, North America has the largest confined space PPE market, with almost 54.9% of revenue market share in 2020. The total revenue will increase from $129.2 million in 2020 to $152.2 million in 2025, with a CAGR of 3.3%.

Draeger, 3M, Honeywell, MSA, and Pure Safety Group are the main market participants offering confined space safety solutions to end-user industries. The increasing preference for customized safety products and combined confined space PPE, such as helmets, protective clothing, and footwear, will drive the market.

For the purpose of this study, the market has been divided by product into the following segments: fall protection; above-the-neck protection; gas detection; respiratory protection; and others, including foot protection, hand protection, protective clothing, and thermal imaging cameras.

End-user industries include utilities and wastewater treatment, food and beverage processing, manufacturing, electrical and electronic equipment, agricultural products and services, and metal production and fabrication. Other industries include oil and gas (extraction and refining), transportation, and chemical and allied. The end-user industry forecast is not included in the research.

The study period is 2017-2025.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 3M
  • Draeger
  • Honeywell
  • MSA
  • Pure Safety Group

1. Strategic Imperatives

  • Why Is It Increasingly Difficult to Grow?
  • The Strategic Imperative 8™
  • The Impact of the Top 3 Strategic Imperatives on the Global Confined Space Personal Protective Equipment (PPE) Market
  • Key Findings
  • Growth Opportunities Fuel the Growth Pipeline Engine™

2. Growth Opportunity Analysis, Global Confined Space PPE Market

  • Scope of Analysis, Global Confined Space PPE Market
  • Market Definitions, Global Confined Space PPE Market
  • Permit-Required Decision Flow Chart, Global Confined Space PPE Market
  • Market Segmentation, Global Confined Space PPE Market
  • Product Market Overview and Definition
  • Market by Product Segment, Global Confined Space PPE Market
  • Market by Product Segment and Region, Global Confined Space PPE Market
  • Occupational Hazards, Global Confined Space PPE Market
  • Requirement of PPE by Product Type, Global Confined Space PPE Market
  • Regulatory Compliance and Standards, Global Confined Space PPE Market
  • Key Competitors for Global Confined Space PPE Market
  • Key Growth Metrics for Global Confined Space PPE Market
  • Distribution Channels for Confined Space PPE Market
  • Market Segmentation by End-use Industry, Global Confined Space PPE Market
  • Growth Drivers for Global Confined Space PPE Market
  • Growth Restraints for Global Confined Space PPE Market
  • Forecast Assumptions, Global Confined Space PPE Market
  • Revenue Forecast, Global Confined Space PPE Market
  • Revenue Forecast Analysis, Global Confined Space PPE Market
  • Revenue Forecast by Product, Global Confined Space PPE Market
  • Revenue Forecast Analysis by Product, Global Confined Space PPE Market
  • Revenue Forecast by Region, Global Confined Space PPE Market
  • Revenue Forecast Analysis by Region, Global Confined Space PPE Market
  • Competitive Environment, Global Confined Space PPE Market

3. Growth Opportunity Analysis, Fall Protection Market

  • Key Growth Metrics for Global Confined Space PPE Market, Fall Protection
  • Revenue Forecast, Global Confined Space PPE Market, Fall Protection
  • Revenue Forecast by Region, Global Confined Space PPE Market, Fall Protection
  • Revenue Forecast Analysis, Global Confined Space PPE Market, Fall Protection
  • Competitive Environment, Global Confined Space PPE Market, Fall Protection
  • Competitive Landscape, Global Confined Space PPE Market, Fall Protection

4. Growth Opportunity Analysis, Above-the-Neck Protection Market

  • Key Growth Metrics for Global Confined Space PPE Market, Above-the-Neck Protection
  • Revenue Forecast, Global Confined Space PPE Market, Above-the-Neck Protection
  • Revenue Forecast by Region, Global Confined Space PPE Market, Above-the-Neck Protection
  • Revenue Forecast Analysis, Global Confined Space PPE Market, Above-the-Neck Protection
  • Competitive Environment, Global Confined Space PPE Market, Above-the-Neck Protection
  • Competitive Landscape, Global Confined Space PPE Market, Above-the-Neck Protection

5. Growth Opportunity Analysis, Gas Detection Market

  • Key Growth Metrics for Global Confined Space PPE Market, Gas Detection
  • Revenue Forecast, Global Confined Space PPE Market, Gas Detection
  • Revenue Forecast by Region, Global Confined Space PPE Market, Gas Detection
  • Revenue Forecast Analysis, Global Confined Space PPE Market, Gas Detection
  • Competitive Environment, Global Confined Space PPE Market, Gas Detection
  • Competitive Landscape, Global Confined Space PPE Market, Gas Detection

6. Growth Opportunity Analysis, Respiratory Protection Market

  • Key Growth Metrics for Global Confined Space PPE Market, Respiratory Protection
  • Revenue Forecast, Global Confined Space PPE Market, Respiratory Protection
  • Revenue Forecast by Region, Global Confined Space PPE Market, Respiratory Protection
  • Revenue Forecast Analysis, Global Confined Space PPE Market, Respiratory Protection
  • Competitive Environment, Global Confined Space PPE Market, Respiratory Protection
  • Competitive Landscape, Global Confined Space PPE Market, Respiratory Protection

7. Growth Opportunity Analysis, Others (Foot, Hand, Protective Clothing, Thermal Imaging Cameras)

  • Key Growth Metrics for Global Confined Space PPE Market, Others
  • Revenue Forecast, Global Confined Space PPE Market, Others
  • Revenue Forecast by Region, Global Confined Space PPE Market, Others
  • Revenue Forecast Analysis, Global Confined Space PPE Market, Others
  • Competitive Environment, Global Confined Space PPE Market, Foot Protection
  • Competitive Landscape, Global Confined Space PPE Market, Foot Protection
  • Competitive Environment, Global Confined Space PPE Market, Hand Protection
  • Competitive Landscape, Global Confined Space PPE Market, Hand Protection
  • Competitive Environment, Global Confined Space PPE Market, Protective Clothing
  • Competitive Landscape, Global Confined Space PPE Market, Protective Clothing
  • Competitive Environment, Global Confined Space PPE Market, Thermal Imaging Cameras
  • Competitive Landscape, Global Confined Space PPE Market, Thermal Imaging Cameras

8. Growth Opportunity Universe, Global Confined Space PPE Market

  • Growth Opportunity 1 - Increase in Hazards and Stringent Compliance to Boost the Growth of Confined Space PPE Market
  • Growth Opportunity 2 - Awareness about Need for Confined Space PPE to Drive Growth
  • Growth Opportunity 2 - Awareness about Need for Confined Space PPE to Drive Growth (continued)
  • Growth Opportunity 3 - Adoption of Smart PPE to Drive Product Growth

9. Next Steps

  • Your Next Steps
  • Why the Publisher, Why Now?
  • List of Exhibits
  • Legal Disclaimer
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 3M
  • Draeger
  • Honeywell
  • MSA
  • Pure Safety Group
Note: Product cover images may vary from those shown
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