Fall protection equipment is equipment for protection that is used in several end-use sectors to safeguard the workers against severe injuries while working at heights. The emergence of ergonomically designed equipment saving from falls plays a cardinal role in averting constant stress injuries and drives out the possibilities of stress injuries caused by excessive use of muscles.

COVID-19 Impact and Market Status

The primary cause of the global economic downturn was the increase of COVID-19 infection cases in 2021, which led to a number of government restrictions that reduced the performance of the manufacturing, metal & mining, construction, and commercial businesses. The COVID-19-led pandemic temporarily paused the production of various products globally as well as the sales of fall protection equipment. This tremendously hindered the growth of the global industry of fall protection equipment over the past few months. COVID-19 affected the sales of equipment and machinery in Q1 of 2020 and continued to influence it negatively till 2021. However, the manufacturers of equipment and machinery are emphasizing protecting their workforce, operations, and supply chains to cope with the immediate financial crises and figure out strategic and efficient ways to function in the post-COVID-19 pandemic era.

Growth of commercial and residential construction and public infrastructure projects worldwide

The number of restaurants, retail shops, shopping complexes, public establishments, industrial plants, and commercial office spaces is growing rapidly followed by the rise in global population and urbanization. An increasing number of nuclear families is also propelling the demand for the construction market. Full-body harnesses, Hard helmets, protective shoes, and gloves are always a prerequisite during the conduction of construction activities.

Growth of the global oil and gas industry

The hike in world population, urbanization, industrialization and disposable income of people across the world is highly likely to drive the demand for oil and gas. The lives of employees in the oil and gas sector are frequently still in danger, and there is a substantial risk that they will sustain injuries in accidents. Fall protection equipment is widely used in this industry because of the high rate of worker accidents that result in fatalities and injuries when they are working at heights. Companies associated with the oil and gas industry require high-quality products to diminish the contingency costs and propagate operational safety.

A rising need for fall safety gear for leisure activities

The industrial, construction, and utility industries are the primary drivers of the global market for fall prevention equipment. Moreover, rapid growth in the fall protection equipment market due to recreational activities such as bungee jumping, rock climbing, zip-lining, as well as professional sports like ice climbing and mountaineering, etc are contributing to the growth of fall protection equipment as the use of fall protection equipment ensures the safety and protection of laborers.

Full-body harnesses, safety nets, chest harnesses, body belts, and suspension belts are the distinctive types of fall protection equipment. However, the full-body harness safety set is large in demand due to its commonality in rescue operations and comfort. Fall protection equipment is used by a wide range of businesses, including those in construction, mining, transportation, energy and utilities, telecom, and other industrial sectors. Additionally, it has a strong demand and is widely employed in the energy and utility sectors.

At a CAGR of 8.1 percent from 2022 to 2029, the global fall protection market, which was valued at USD 2.1 billion in 2022, is expected to grow to USD 4.5 billion by 2029.

Stringent safety norms imposed by the government for the safety of workers in the workplace are predicted to be a contributing factor that is driving the growth of fall protection equipment industries over the forecast period. The surge in demand for fall protection equipment like body belts, suspension belts, body harnesses, fall arrest systems, and safety nets in the construction sites & mining, and energy & utility sectors is likely to widen the sales of fall protection equipment as these industries are prone to hazards. Moreover, the safety protocols and comprehensive safety regulations enforced by government organizations to ensure the safety of workers are likely to drive the demand for fall protection equipment over the coming years.

However, the Sale of low-quality and inexpensive dupes of fall protection equipment is obstructing the expansion of original ones in the global markets. Furthermore, the shortage of demand from developing countries due to lack of awareness is becoming another restraining factor for the upliftment of the fall protection equipment market. The non-adherence to standards and regulations by the players in the industrial sector is a key challenge faced by manufacturers.

Rapid industrialization across various industries is one of the key factors promoting the growth of the market. Due to the insufficient appropriate safety measures at various manufacturing, mining, and other industrial sites, the safety hazards to workers are rising. Construction sites require workers to operate at walkways, elevated platforms, wall openings, steep roofs, and edges of excavated areas which are highly prone to falls. Therefore, the workers stay fear-free and secure with the appropriate fall protection equipment system with them. Hence, This resulted in the ubiquitous adoption of fall protection equipment to sustain valuable human resources. Moreover, significant growth in the construction industry is also boosting the market growth. Other factors contributing to the prominence of protection equipment include recreational activities such as zip-lining, rock climbing, mountaineering, ice climbing, and bungee jumping as well as the implementation of mandatory government policies propagating workplace safety and health standards which are propelling the market growth worldwide.

French Creek Production, MSA Safety Incorporated, Falltech, Frontline, Kee Safety, 3M, Honeywell International Inc., KwikSafety, Guardian Fall Protection, and Tritech Fall Protection are a few of the major firms mentioned in the fall protection equipment market.

Major developments In Global Fall Protection Equipment Market: A Snapshot

• In May 2021, Pure Safety Group launched height safety brands called Stronghold by PSG, Ty-Flt, Checkmate, and HART for its expansion under the Guardian banner. This expansion in business by has now become the world’s biggest fall protection and prevention brand.
• In march 2021, 3M Fall Protection introduced ANSI & CSA certified 3M DBI SALA harnesses which involved Suspension Trauma Safety Straps on it.

Fall Protection Equipment Market Scope

Key Segments of the Global Fall Protection Equipment Market

Type Overview, 2022-2029 (USD Billion)

• Installed System
• Access System
• Soft Goods
• Hard Goods
• Rescue Kit
• Services

End-Use Overview, 2022-2029 (USD Billion)

• Oil & Gas
• Energy & Utilities
• Construction
• General Industry
• Telecom
• Mining
• Transportation
• Others

Regional Overview, 2022-2029 (USD Billion)

• North America

• The US
• Canada

• Europe

• The UK
• Germany
• France
• Rest of Europe

• The Asia Pacific

• China
• Japan
• India
• Rest of Asia Pacific

• South America

• Brazil
• Mexico
• Rest of South America

• Middle East & Africa