LONDON--(BUSINESS WIRE)--#PPE--Technavio’s latest report on the personal protective equipment (PPE) market in India provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
The PPE market in India is expected to grow at a CAGR of more than 13% during the forecast period. Personal protective equipment (PPE) like helmets, gloves, and safety glasses help provide a safe and healthy work environment for employees working under extreme and hazardous conditions. Technological innovations in industry-specific protective equipment and introduction of smart wearable devices, along with stringent regulations in many industries, have increased the adoption of PPE. Market players are continuously improving the efficiency and functionality of their equipment and launching value-added products to comply with the industry standards. The report discusses the PPE market in India based on product category, end-user, and distribution channel.
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The top three emerging trends driving the personal protective equipment market in India according to Technavio consumer and retail research analysts are:
- Trade shows, trainings, and workshops by vendors to create awareness of PPE
- Integration of e-commerce channels for procurement of PPE
- Increasing use of high-visibility protective clothing at construction sites
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Trade shows, trainings, and workshops by vendors to create awareness of PPE
“Various vendors and event organizers are conducting trade shows, trainings, and workshop programs to create awareness of OSH among workmen and employers. The provision of training programs like classroom training, catalog-based workshops, and online training will increase the end-user awareness. It will have a huge impact on the adoption of PPE among employers,” says Narendra Nandaigari, a lead analyst at Technavio for research on retail goods and services.
The expo brings together renowned Indian and international exhibitors, business experts, and key government officials on a common industry platform to exchange global best practices and seek solutions to the challenges regarding workplace safety and health. The expo showcases innovative products that will benefit the OSH industry. These initiatives by different organizations will boost the personal protective equipment market in India during the forecast period.
Integration of e-commerce channels for procurement of PPE
“The B2B e-commerce market in India is still at a nascent stage and offers a high opportunity for growth. The procurement of PPE via e-commerce channels is gaining momentum in India. This integration will enable customers to compare products and see product reviews, videos, photos, and blogs, which are embedded with product information originating from the manufacturer,” adds Narendra.
Aiming to ensure greater transparency and revolutionize government procurement, the government of India has launched an e-marketplace called the Government e-Marketplace (GeM) in August 2016. GeM is an end to end online procurement system for purchase of goods and services of common use by all central and state government ministries, departments, public sector undertakings, autonomous institutions and local bodies. The government has made it mandatory for all the departments and ministries to source goods and services from its e-marketplace.
Increasing use of high-visibility protective clothing at construction sites
High-visibility protective clothing helps the workers employed in construction work. They are particularly used by workers employed in road construction, infrastructure projects like metro rail, and the mining industry.
Reflective materials and fluorescent colors are used in these clothes, providing clear visibility even while working at night. This protects the workers from any possible hazard or accident by providing third parties such as drivers and co-workers a clear view from any angle.
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