The Indian PPE industry generated $2,345.6 million in revenue in 2023. The market is expected to witness high growth owing to the strong performance of the end-use industries and the increase in safety awareness among end customers. The lucrative prospects of the PPE industry in India are leading global PPE manufacturers to consider entering the market in the forecast period. Inorganic expansion is expected to be one of the major routes for global PPE manufacturers to establish themselves in the competitive Indian PPE space. The study categorizes the PPE industry in India into the following segments: Above-the-neck protection, respiratory protection, hand protection, foot protection, fall protection, protective clothing, and gas detection. The end-user segments covered in this study are the manufacturing, mining, oil & gas, utilities, construction, and transportation industries.
The study identifies and analyzes technology and market trends in the Indian PPE industry and assesses current status and growth prospects. It highlights the factors driving and restraining growth and discusses the key opportunities emerging from the changes in this space for market players and stakeholders to leverage. The base year is 2023, and the forecast period is from 2024 to 2028.
Author: Anjan Kumar Roy
Revenue Forecast
The revenue estimate for the base year is $2,345.6 million, with a CAGR of 6.0% for the study period from 2023 to 2028.
The Impact of the Top 3 Strategic Imperatives on the Indian Personal Protective Equipment PPE Industry
Disruptive Technologies
Why:
- Traditionally, end customers in India perceived heavier PPE as a testament to product quality. However, with growing safety awareness resulting from safety training programs, end customers increasingly seek lightweight PPE.
- Certified lightweight PPE enables workers to wear PPE longer without discomfort and enhances worker performance by allowing for easy maneuverability.
Frost Perspective:
- Frost & Sullivan expects PPE manufacturers to invest in R&D and develop lightweight and ergonomic PPE to increase product acceptance in the next 3 to 5 years.
Innovative Business Model
Why:
- In India, price sensitivity is a significant hindrance to PPE growth.
- With mounting safety awareness, the demand for quality PPE is increasing. However, end customers are not willing to invest heavily in employee safety.
- End customers acknowledge innovative and technologically advanced PPE but often seek value for money when procuring PPE, resulting in a demand and supply gap as quality products are unavailable at the desired prices.
Frost Perspective:
- Frost & Sullivan expects global PPE manufacturers to adopt rental and Product-as-a-Service models in the next 3 to 5 years and offer products at cost-effective prices to establish their presence in the price-sensitive Indian market.
Competitive Intensity
Why:
- Because the Indian PPE industry is growing more lucrative than other developed markets in the West, many global PPE manufacturers are trying to establish their footprints in India.
- Apart from pricing differences, regional preferences vary from 1 part of the country to another, requiring regional expertise for global companies to grow in India.
- The competitive intensity will increase as India promotes local manufacturers.
Frost Perspective:
- Frost & Sullivan predicts larger global manufacturers will favor mergers and acquisitions (M&A) to establish their footprint in India in the next 3 to 5 years, and inorganic growth will enable them to cut competition and generate sustained revenue.
Scope of Analysis
- This research assesses the Indian PPE industry. It analyses and captures technology and market trends and discusses industry challenges, drivers, and restraints. The study aims to assess India's present status and prospects.
- The study accounts for revenue generated from PPE sales in India between 2020 and 2028, records the revenue in dollars ($), and accounts for it at the manufacturer's level.
- The research covers the manufacturing, mining, oil & gas, utilities, construction, and transportation end-user industries.
Segmentation
Segmentation of the Indian PPE Industry
Above-the-neck Protection
- Workers in several industries use above-the-neck protection, which includes safety products such as helmets, eyewear, face shields, and hearing protection PPE.
Respiratory Protection
- Workers use respiratory protection, including disposable and non-disposable devices that cover the nose, mouth, face, or head for protection from the effects of hazardous contaminants in the air.
Protective Clothing
- Workers use protective clothing to prevent injuries to the body.
Hand Protection
- Workers use hand protection to prevent injuries to the hands.
Foot Protection
- Workers wear foot protection to prevent injuries from burns, cuts, slips, punctures, and impact to the feet.
Fall Protection
- Fall protection prevents or minimizes the impact of falls through harnesses and other components.
Gas Detection
- Gas detection senses harmful gases. Workers can carry these devices.
Competitive Environment
| Number of Competitors | 100+ manufacturers |
| Competitive Factors | Cost, performance, reliability, safety, comfort, and durability |
| Key End-user Industry Verticals | Manufacturing, construction, transport, utilities, oil & gas, and mining |
| Leading Competitors | 3M, Acme Safety Wear, Ansell, Arvind Human Protection, Blackline Safety, Dipped Products PLC, Dreger Safety, Honeywell Safety, Karam Safety, Lakeland, Mallcom, Marvel Gloves, Midas Safety, MSA Safety, Rahman Group, Reflectosafe, Sai Synergy LLP, Superhouse Group, Sure Safety, Tara Lohia Pvt. Ltd., Teledyne Gas and Flame Detection, Udyogi Safety, Venus Safety, and Vijay Sabre Safety Pvt. Ltd. |
| Distribution Structure | Distributors, direct sales, and eCommerce/online |
Key Competitors
- 3M
- Acme Safety Wear
- Alko Plus
- Atlas Protective Products
- Cortina Group
- Delta Plus Group
- ESAB
- FideliX Industries Private Limited
- Fronius International GmbH
- Honeywell Safety
- Intech Safety
- Irudek
- Joseph Leslie & Co. LLP
- Karam Safety
- Lincoln Electric
- Magnum Health & Safety Pvt. Ltd
- MSA Safety
- Meddo Safehawk Private Limited
- Midas Safety
- Petzl
- Portwest
- Prem Safety Works
- Pryamex
- Raga Safety
- Rahman Group
- Spasciani
- Superhouse Group
- Sure Safety
- Techem
- The Mask Lab
- Thea-Tex Healthcare (India) Pvt Ltd
- Udyogi Safety
- Utex Industries
- Uvex
- Venus Safety
- Vijay Sabre Safety Pvt. Ltd.
- Acme Safety Wear
- Midas Safety
- Ansell
- ATG gloves
- Atlas Protective Products
- Cortina Group
- Delta Plus Group
- DG Tachov
- Dipped Products Plc.
- ESAB
- Fronius International GmbH
- Granberg
- HiCare Protective Wear
- Honeywell Safety
- Joseph Leslie & Co. LLP
- Karam Safety
- Lakeland
- Malcolm
- Midas Safety
- MSA Safety
- Spasciani
- Sure Safety
- Marvel Gloves
- Ansell
- Acme Safety Wear
- Arvind Human Protection
- Atlas Protective Products
- Balaji Industries
- Delta Plus Group
- Derekduck Industries Corp
- DuPont
- Fronius International GmbH
- HiCare Protective Wear
- Honeywell Safety
- Joseph Leslie & Co. LLP
- Lakeland
- Lincoln Electric
- Malcolm
- Milliken (Westex)
- Portwest
- Pyramex
- RedStar Safety
- ReflectoSafe
- Si Synergy LLP
- Star Safety Hub - Inlight
- Superhouse Group
- Udyogi Safety
- Unicorn Industries
- Utlex Industries
- Vasa Industries
- Vijay Sabre Safety Pvt. Ltd.
- Tara Lohia Pvt. Ltd.
- Abdullah Tannery Pvt. Ltd.
- Acme Safety Wear
- Acme Universal Safezone 9 Pvt. Ltd.
- Alko Plus
- Allied Leather Finishers Pvt. Ltd.
- Atlas Protective Products
- Bata Industrials
- Big Elephant Safety Products
- Cortina Group
- Delta Plus Group
- FideliX Industries Private Limited
- Fortune Group
- Harvik Boots
- Hillson Footwear Pvt. Ltd.
- Karam Safety
- Liberty
- Malcolm
- Mangla Plastics
- Meddo Safewalk Private Limited
- Midas Safety
- Portwest
- Prem Safety Works
- Prosafe
- Rahman Group
- Red Wing
- Scudo Safe
- Superhouse Group
- Sure Safety
- Thar Safety Shoes
- Torpedo Shoes
- Udyogi Safety
- Utlex Industries Pvt. Ltd.
- Uviraj
- Vaulext
- Vijay Sabre Safety Pvt. Ltd.
- Zain International
- 3M
- Acme Safety Wear
- Alko Plus
- Delta Plus Group
- Honeywell Safety
- Intech Safety
- Iruked
- Karam Safety
- Meddo Safewalk Private Limited
- MSA Safety
- mtandt
- Petzl
- Prem Safety Works
- Superhouse Group
- Sure Safety
- Udyogi Safety
- Utlex Industries Pvt. Ltd.
- Uviraj
- Youngman Manufacturing India Pvt. Ltd.
- Blackline Safety
- Brager Safety
- Gastec Corporation
- Honeywell Safety
- Instrumex
- MSA Safety
- Teledyne Gas and Flame Detection
- Un
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Indian Personal Protective Equipment (PPE) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Findings
Outlook
Scope of Analysis
Segmentation
Segmentation (continued)
End-user Industries Covered
Key Competitors
Key Competitors (continued)
Growth Metrics
Distribution Channels
Growth Drivers
Growth Restraints
Growth Driver Analysis #1
Growth Driver Analysis #1 (continued)
Growth Driver Analysis #2
Growth Driver Analysis #2 (continued)
Growth Driver Analysis #2 (continued)
Growth Driver Analysis #3
Growth Driver Analysis #3 (continued)
Forecast Assumptions
Forecast Assumptions (continued)
Revenue Forecast
Revenue Forecast by Product
Percent Revenue Forecast by Product
Revenue Forecast Analysis
Revenue Forecast by End-user Industry
Revenue Forecast Analysis by End-user Industry
Revenue Forecast Analysis by End-user Industry (continued)
Competitive Environment
Comparison of Local Production of PPE and Import of PPE
Growth Metrics
Revenue Forecast
Revenue Forecast by Sub-product
Revenue Forecast by End-user Industry
Revenue Forecast Analysis
Competitive Environment
Revenue Share Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Sub-product
Revenue Forecast by End-user Industry
Revenue Forecast Analysis
Competitive Environment
Revenue Share Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Sub-product
Revenue Forecast by End-user Industry
Revenue Forecast Analysis
Competitive Environment
Revenue Share Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Sub-product
Revenue Forecast by End-user Industry
Revenue Forecast Analysis
Competitive Environment
Revenue Share Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Sub-product
Revenue Forecast by End-user Industry
Revenue Forecast Analysis
Competitive Environment
Revenue Share Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by End-user Industry
Revenue Forecast Analysis
Competitive Environment
Revenue Share Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by End-user Industry
Revenue Forecast Analysis
Competitive Environment
Revenue Share Analysis
Growth Opportunity 1—Improved Safety Awareness
Growth Opportunity 1—Improved Safety Awareness (continued)
Growth Opportunity 2—Adoption of Lightweight and Fashionable PPE
Growth Opportunity 2—Adoption of Lightweight and Fashionable PPE (continued)
Growth Opportunity 3—M&A and Strategic Partnering
Growth Opportunity 3—M&A and Strategic Partnering (continued)
Appendix
Appendix (continued)
Appendix (continued)
Appendix (continued)
Appendix (continued)
Appendix (continued)
Appendix (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
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The Indian PPE industry generated $2,345.6 million in revenue in 2023. The market is expected to witness high growth owing to the strong performance of the end-use industries and the increase in safety awareness among end customers. The lucrative prospects of the PPE industry in India are leading global PPE manufacturers to consider entering the market in the forecast period. Inorganic expansion is expected to be one of the major routes for global PPE manufacturers to establish themselves in the competitive Indian PPE space. The study categorizes the PPE industry in India into the following segments: Above-the-neck protection, respiratory protection, hand protection, foot protection, fall protection, protective clothing, and gas detection. The end-user segments covered in this study are the manufacturing, mining, oil & gas, utilities, construction, and transportation industries.
The study identifies and analyzes technology and market trends in the Indian PPE industry and assesses current status and growth prospects. It highlights the factors driving and restraining growth and discusses the key opportunities emerging from the changes in this space for market players and stakeholders to leverage. The base year is 2023, and the forecast period is from 2024 to 2028.
Author: Anjan Kumar Roy
| Deliverable Type | Market Research |
|---|---|
| Author | Anjan Kumar Roy |
| Industries | Personal Protective Equipment |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Indian Safety Equipment Growth |
| Keyword 2 | Ppe Market |
| Keyword 3 | Ppe Industry Forecast India |
| Podcast | No |
| Predecessor | P350-01-00-00-00 |
| WIP Number | PFD1-01-00-00-00 |
Indian Personal Protective Equipment Growth Opportunities
Indian Personal Protective Equipment Growth Opportunities
Safety Awareness will Boost the Future Growth Potential of Personal Protective Equipment
RELEASE DATE
20-May-2024
20-May-2024
REGION
Global
Global
Deliverable Type
Market Research
Market Research
Research Code: PFD1-01-00-00-00
SKU: PP_2024_745
$4,950.00
In stock
SKU
PP_2024_745
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