Hand & Arm Protection (PPE) Market Size & Share 2023

1. Hand & Arm Protection (PPE) Market Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2030

2. Global Hand and Arm Protection Market is poised to experience robust growth between 2022 and 2030, primarily due to the increasing focus on providing a safe working environment and reducing workplace accidents. Workers in several end-use industries, such as construction, oil & gas, automobiles, and manufacturing, are exposed to several hazards that can potentially harm their fingers, hand, and arm. In factory settings and warehouses, injuries can be caused by extreme temperatures, chemical exposure, sharp tools, machine operations, and electric shock. • Governments and policymakers have been taking necessary initiatives and implementing stringent regulatory norms to emphasize the importance of hand protection in preventing workplace hazards and physical injuries. For instance, the Occupational Safety and Health Administration (OSHA), under its 29 CFR 1910.138, and 29 CFR 1915.157 federal regulatory codes, necessitates equipping workers with proper hand safety gear while working in hazardous work environments to prevent injuries. • The flourishing economic landscape across developed nations has significantly influenced the buying behavior of people. The consistent rise in disposable incomes has accelerated automobile sales in these economies, which as a key end-use industry, in consequence, may create a positive growth outlook for the hand and arm protection industry. Recent growth projections by Global Market Insights Inc. reveal that the Hand & Arm Protection (PPE) Market Size could exceed a valuation of USD 25 billion by 2030.

3. Trends redefining the industry growth over 2022-2030 are highlighted below- • Technological innovations to enhance product consumption worldwide • Hand injuries continue to pose considerable risk to workers across the industrial sector. Selecting suitable protective gear with optimum safety and comfort is critical to ensuring compliance with workplace regulations. Many companies have started investing in developing innovative safety gear which is produced from technically advanced materials designed after thorough R&D initiatives. Along similar lines, in October 2022, DuPont Personal Protection unveiled a new range of patented engineered yarns, DuPont™ Kevlar®. Industrial safety gear made with these engineered yarns will offer multi-hazard protection against heat, cut, flame, and electric shocks without greatly expanding thickness and weight. • Growing manufacturing sector to enhance hand and arm protection products demand • As industries worldwide continue to scale up their production, the manufacturing sector is expected to witness unprecedented growth in the ensuing years. As reported by the United Nations Industrial Development Organization (UNIDO) the manufacturing industry depicted a strong recovery in 2021, with global production registering a growth of about 9.4% in 2021.

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