The PPE’s are the essential element in every sector as it prevents a person from an accident; such as any cut injury or exposure to hazardous chemicals and other substances while working. After the outbreak of pandemic Coronavirus, COVID-19, the PPE industries have been witnessing huge demand. Coronavirus poses a threat to human lives and has infected numerous people around the world. Thus, to overcome and control the widespread of the pandemic peoples are suggested to use the PPE’s and are given various guidelines to use them.
Besides, cohesive government policies for the safety of workers is increasing the adoption of PPE across the globe. For instance, in the US, the Occupational Safety and Health Administration (OSHA) is created for ensuring the safety and health of the workers by enforcing various guidelines and standards. Further, OSHA also provides training, education, and assistance to the workers. Guidelines and standards are based on eye and face protection, foot protection, hand protection, head protection, and hearing protection for the peoples.
Further, companies are strengthening their customer base in their time of need by offering them remotely accessibility and PPE’s at affordable costs among others. The segmentation of the PPE industry based on the type is done as hands & arm protection, protective clothing, foot & leg protection, respiratory protection, head protection, and others. The increased demand for the PPE due to the increased awareness among the peoples is majorly creating scope for the market growth, as peoples prefer to use PPE such as face masks and hand gloves before heading out of their homes, to prevent from the disease.
Geographically, the industry analysis has been done on the various region-wise including North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific and Europe are the most affected regions of the coronavirus. For instance, in Italy, there are more than 59,000 confirmed cases and hundreds of deaths till the date. Thus, to control and prevent the staggering number of novel cases of the disease, peoples are suggested to stay at home, work from homes and in urgency, peoples are suggested to use the personal protection equipment such as face masks and hand gloves compulsorily. Despite such huge losses, the priority is to take all measures to combat the lethal disease. Due to this major crisis across the globe, that forced the peoples to stay at home. Due to which the companies have declared work from home to seamlessly continue the work cycle. Each region has been affected in some manner.
This prolonged COVID-19 pandemic could be an opportunity for the PPE industry, as it is projected to prevent and control the spread of the disease and this, in turn, will trigger a large demand. With the COVID-19 surging on in China and other regions there may be some shortage in the PPE, as per the WHO, due to the demand surpassing the supply. However, some producers in China have agreed to supply the WHO and that the agency is finalizing arrangements and coordinating shipments to refill the WHO’s warehouse and ship PPE to the needy.
OMR global recently published a report titled ‘COVID-19 on Personal Protective Equipment (PPE) Sector’ addressing the impact of COVID-19. The report includes analyses of different regions and countries. The telecom sector has been largely affected, moreover, a surge in cases in Europe and the Asia Pacific in March 2020 has affected the industries of these regions also. In the report, an expected recovery timeline of the industry will be provided with the best- and worst-case scenario which will aid the companies to take their future steps in the global Personal Protective Equipment (PPE)s industry.
