Global Construction Worker Safety Market Size, Share, and COVID-19 Impact Analysis, By Type (Personal Protective Equipment, Fall Protection Equipment, and Safe Excess Equipment), By Construction Type (Residential, Commercial, and Industrial), By Application (Worker Body Safety and Workplace Safety), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Construction & Manufacturing

RELEASE DATE Jun 2024
REPORT ID SI4852
PAGES 210
REPORT FORMAT PathSoft

Global Construction Worker Safety Market Insights Forecasts to 2033

  • The Global Construction Worker Safety Market Size was Valued at USD 3.49 Billion in 2023
  • The Market Size is Growing at a CAGR of 9.91% from 2023 to 2033
  • The Worldwide Construction Worker Safety Market Size is Expected to Reach USD 8.98 Billion by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Construction Worker Safety Market

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The Global Construction Worker Safety Market Size is Anticipated to Exceed USD 8.98 Billion by 2033, Growing at a CAGR of 9.91% from 2023 to 2033.

 

Market Overview

The term "construction worker safety" describes the procedures, guidelines, and equipment used to ensure the security and well-being of people working in the construction sector. It includes various actions intended to reduce the dangers related to construction activity, including exposure to hazardous materials, falls, electrocutions, and struck-by incidents. The prevention of illness, injury, mortality, and other health-related risks among construction site workers is the focus of the construction worker safety part of the activities.  The market for construction worker safety serves the needs of workers on construction sites by providing them with safety gear, training courses, and technological innovations. Other important variables that will drive demand for construction worker safety and support market growth are the strict rules applied by local worker safety authorities and governments to maintain workplace safety standards. Additionally, partnerships with large construction firms to help workers in need of safety and raise workers' awareness of safety services and solutions will drive market expansion. The public and industry stakeholders are becoming more conscious of the significance of construction worker safety, which is one of the main factors driving market expansion. 

 

Report Coverage

This research report categorizes the global construction worker safety market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global construction worker safety market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global construction worker safety market.

 

Global Construction Worker Safety Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 3.49 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :9.91%
2033 Value Projection:USD 8.98 Billion
Historical Data for:2019-2022
No. of Pages:210
Tables, Charts & Figures:100
Segments covered:By Type, By Construction Type, By Application, By Region
Companies covered:: Hilti, Radians, inc., Ansell Ltd, MSA, Mallcom Limited, ESC Safety Consultants, 3M Company, Honeywell International Inc., DuPont, Rock Fall Ltd., Code Consultants Inc., Risk Management Partners, Inc, ComplianceGo, Global FPG, and other key companies.
Pitfalls & Challenges:Covid-19 Empact, Challenges, Growth, Analysis

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Driving Factors

There is an increase in domestic manufacturing, population growth, and the density of cities. The construction industry is growing because governments everywhere are spending more money on infrastructure. Growing private sector investments also contribute to the growth of the construction industry. The government's growing investment in remodeling different residential and commercial structures to support the national economy is one of the primary drivers of the market's expansion. In addition, more safety benefits are being delivered as a result of the growing advancements in automotive technology. The application of modern technology in construction worker safety is therefore expected to increase across a range of end-use industries, driving the market's growth.

 

Restraining Factors

The adverse impacts that are preventing the growth of the construction worker safety market include the increasing use of automation equipment in the industry, which is reducing the need for human labor. Other factors that are expected to further hinder the growth of the market revenue are the casual attitude of workers toward safety and their absence of consciousness.

 

Market Segmentation

 

The global construction worker safety market share is classified into type, construction type, and application.

  • The personal protective equipment segment dominates the market with the largest market share through the forecast period.

Based on the type, the global construction worker safety market is categorized into personal protective equipment, fall protection equipment, and safe excess equipment. Among these, the personal protective equipment segment dominates the market with the largest market share through the forecast period. Personal protection equipment (PPE) is a broad category that includes a variety of protective gear, such as helmets, gloves, safety glasses, ear protection, respiratory protection, and high-visibility clothing. PPE is still in high demand because of very strict safety regulations and because it is necessary to protect workers from a variety of hazards, including head injuries, respiratory problems, and exposure to harmful substances.

 

  • The residential segment is anticipated to grow at the fastest CAGR growth through the forecast period.

Based on the construction type, the global construction worker safety market is categorized into residential, commercial, and industrial. Among these, the residential segment is anticipated to grow at the fastest CAGR growth through the forecast period. Residential construction sites still have risks associated with heavy equipment operation, falls, and electrical hazards, but they also frequently involve smaller teams at lower heights. When building a home, safety precautions usually involve fall protection, observing the right electrical and plumbing codes, and controlling dust and noise to avoid disturbing nearby residents.

 

  • The worker body safety segment accounted for the largest revenue share through the forecast period.

Based on the application, the global construction worker safety market is categorized into worker body safety and workplace safety. Among these, the worker body safety segment accounted for the largest revenue share through the forecast period. The purpose of worker body safety is to provide workers with the knowledge and skills necessary to reduce their risk of experiencing severe work-related accidents and injuries. The conditions workers face at work are commonly referred to as their "workplace safety," and they include any factors that have an impact on their overall health, security, or comfort.

 

Regional Segment Analysis of the Global Construction Worker Safety Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Europe is anticipated to hold the largest share of the global construction worker safety market over the predicted timeframe.

 

Europe

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Europe is anticipated to hold the largest share of the global construction worker safety market over the predicted timeframe. The European construction worker safety market showed growth due to the rising prevalence of diabetes and the low cost of bariatric surgery. Europe's automation and industrialization are driving up demand for the product. In addition, low mortgage rates are anticipated to boost up the demand for worker safety in both new construction and renovation projects in Europe, and finally, demographic factors like changes in economic activity and income distribution are expected to drive the market.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the global construction worker safety market during the forecast period. The growing industrialization of the developing nations in the region is creating a demand for infrastructure and residential development, which is one of the main factors propelling the growth of the APAC market. The development of the APAC market is also being aided by rising government spending on the construction of roads, power plants, dams, and commercial structures. 

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global construction worker safety market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Hilti
  • Radians, inc.
  • Ansell Ltd
  • MSA
  • Mallcom Limited
  • ESC Safety Consultants
  • 3M Company
  • Honeywell International Inc.
  • DuPont
  • Rock Fall Ltd.
  • Code Consultants Inc.
  • Risk Management Partners, Inc
  • ComplianceGo
  • Global FPG
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In March 2023, 3M connected with Guardhat, a leading provider of linked safety software. Working together would help 3M's Safety Inspection Manager make more advancements while assessing the newest linked personal protective equipment to ensure the safety of more workers on the front lines.
  • In Jan 2023, Hilti announced the addition of 30 new cordless tools to its Nuron range, which offers 70 battery-powered instruments for a variety of applications in heavy industry, construction, engineering and mechanical, steel and metal work, and interior finishing.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global construction worker safety market based on the below-mentioned segments: 

 

Global Construction Worker Safety Market, By Type

  • Personal Protective Equipment
  • Fall Protection Equipment
  • Safe Excess Equipment

 

Global Construction Worker Safety Market, By Construction Type

  • Residential
  • Commercial
  • Industrial

 

Global Construction Worker Safety Market, By Application

  • Worker Body Safety
  • Workplace Safety

 

Global Construction Worker Safety Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. Which are the key companies that are currently operating within the market?
    Hilti, Radians, inc., Ansell Ltd, MSA, Mallcom Limited, ESC Safety Consultants, 3M Company, Honeywell International Inc., DuPont, Rock Fall Ltd., Code Consultants Inc., Risk Management Partners, Inc, ComplianceGo, Global FPG, and Others
  • 2. What is the size of the global construction worker safety market?
    The Global Construction Worker Safety Market Size is Expected to Grow from USD 3.49 Billion in 2023 to USD 8.98 Billion by 2033, at a CAGR of 9.91% during the forecast period 2023-2033.
  • 3. Which region is holding the largest share of the market?
    Europe is anticipated to hold the largest share of the global construction worker safety market over the predicted timeframe.

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