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The Impact of COVID-19 on the Earplugs Industry's in 2020

05-27-2020 02:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

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The Impact of COVID-19 on the Earplugs Industry's in 2020

Earplugs are the piece of rubber, wax, or cotton wool which is placed in the ear as protection against water, noise, or cold air. They cancel outside noise, provide comfort, and protect ears from injuries. These are best used for noise cancellation and hearing protection to humans exposed to 85 decibels and above.

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Earplugs may or may not be reusable and fit over the entire external ear including seal and lobe against the side of the head with suitable pad or cushion. The uniform attenuation devices are designed to provide more natural sound perception using acoustic filters having linear attenuation from 100 to 8000 Hz. These are made of rubber-like soft material which is held in place by suspension assembly or head band.

Increasing demand for Noise Reduction Rating (NRR) or noise cancellation devices are expected to drive the demand for earplugs over the forecast timeline. Growing consciousness about ear protection amongst the population will boost the growth of the earplugs industry. It draws out the ambient noise by playing sound in the canal, thereby acting as a defensive hearing aid. These are proven effective for noise cancellation.

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However, lack of awareness about the importance of earplugs in African and other non-mature markets is expected to hamper the earplugs market over the forecast timeline. Improper hearing attenuation is also a major factor challenging the growth of the earplugs market.

The global earplugs market can be segmented into foam earplug, silicone earplug, flanged earplug, and other earplugs. Moldable earplugs which are made of silicon is anticipated to observe considerable growth owing to its features such as greater coziness, exact fitting, and good design. By product, the industry can be classified into earplugs and earmuffs. Earplugs are preferred over earmuffs as they exhibit higher compatibility over other earplug types.

By end-use, the industry can be segmented into forestry, construction, mining, manufacturing, military & defense, and healthcare. Mining sector accounted for majority of the market share which is expected to continue till 2026. According to Centers for Disease Control and Prevention, the mining industry has the highest noise exposure at hazardous workplaces amongst all other industrial sectors.

The construction sector is expected to have highest CAGR due to growing stringent regulations for workers. Manufacturers are focusing on product development which can be worn together such as safety helmets with earmuffs or face shields. Adoption rate of earplugs is high in aviation and defense industry as they aid in increasing the coordination amongst the team members, thus enhancing situational awareness.

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By region, the global earplugs market can be segmented into Europe, North America, Asia Pacific, South America, and Middle East & Africa. North America accounted for the highest market share owing to rising awareness about noise pollution hazards and high disposable income accompanied by rapid technological advancements across the region.

Industry competitors have adopted various strategies such as expansion, new product development, joint ventures, collaboration, mergers & acquisitions, partnerships, and other major strategies to gain a competitive edge in the industry. Increasing emphasis on custom-tailored hearing protection devices and technological shift toward adoption of earplugs with acoustic filters are the major trends in the earplugs market.

The major participants in the earplugs market are Honeywell, EarPeace, DUBS Acoustic Filters, 3M, Etymotic Research, Moldex, Macks, DAP World Inc., TM Manufacturing, Surefire, Alpine SleepSoft, Pluggerz, Cirrus Healthcare, Ear Band-It, ProGuard, Plugfones, and Appia Healthcare Limited. Other prominent vendors of the earplugs market are Dongguan Yingfa, Living Stones Biz, Bengbu Hucong, Microgard, Radians Custom, and Westone.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights to thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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