Earplug Market was valued at US$ 1331.6 Mn by 2025 from US$ 612.5 Mn in 2017

According to the new research report published by The Insight Partners, titled "Earplug Market - Global Analysis and Forecast to 2025", the global earplug market is expected to reach US$ 1,331.6 Mn in 2025, registering a CAGR of 10.4% during the forecast period 2018 to 2025. By 2025, APAC is estimated to be the fastest growing region during the forecast period globally.

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Major key players covered in this Earplugs Market report: 3M COMPANY, DYNAMIC EAR COMPANY, HONEYWELL INTERNATIONAL INC., LIBERTY GLOVE & SAFETY INC., MCKEON PRODUCTS, INC., MOLDEX-METRIC, INC., PROTECT EAR USA, UVEX WINTER HOLDING GMBH& CO.KG, WESTONE LABORATORIES

Occupational noise exposure has been recorded to cause hearing loss among ~7-21% workers in the world, and therefore, noise-induced hearing loss (NIHL) has become a noteworthy health issue with economic consequences globally. The significant rise in NIHL by occupational noise is thus fueling the adoption of HPDs such as earplugs, in developing as well as developed regions. Furthermore, the momentous rise in the count of employees in the construction as well as manufacturing industries has also contributed to the growth of the earplug market globally.

Government regulations regarding occupational noise control and use of HPDs to ensure protection against the sound levels beyond a certain limit in industries have resulted in widespread awareness regarding the importance of usage of HPDs, particularly in the industries involving high-noise operations. However, not all employees/workers in the industries are adaptive toward the earplugs as the regular foam disposable earplugs do not provide satisfactory comfort, and the production of custom molded earplugs for each and every employee is practically not possible, especially for large enterprises. The lack of knowledge regarding the use and importance of earplugs, and relatively higher cost of custom-molded earplugs are therefore expected to impede the market growth during the forecast period. The market is also anticipated to face the cannibalization threat as majority population is gradually shifting toward advanced electronic earplugs for personal leisure purposes.

Despite the advent of electronic earplugs, the regular earplugs are considerably more user friendly and easy to handle. In addition, the rise in adoption of biodegradable earplugs to fulfil the environmental regulations globally, the earplugs market is projected to continue to evolve in the coming years.

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Market Insights-Earplugs Market
Stringent Regulation and Directives Supporting the Use of Earplugs as Hearing Protection

Rising incidences of the noise induced hearing loss across the industries, has raised the concern among the global government authorities regarding the health of the young population. OSHA is a global agency that regulates occupation health and safety for the workers. According to OSHA, 22 Mn workers globally are daily exposed to potentially damaging noise at work. To avoid these incidences, the government has also levied penalties for the industries and organizations that do not follow the stated regulations. In 2016, companies in U.S had paid more than US$ 1.5 Mn of penalty for not protecting their workers from noise, whereas US$ 242 Mn was spent till date on the compensation for hearing loss disability. The rising strictness by the OSHA for amendment of rules and regulations is expected to drive the adoption of hearing protection equipment, particularly earplugs globally.

The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.
2018: Honeywell presents a cost-effective method for the companies to enhance output and regulatory compliance through connecting the inventories of personal protective equipment (PPE) by cloud-based Safety Suite software and RFID electronic tags of Honeywell.
2017: 3M and U.S. Army to deliver hearing protection for soldiers. 3M's personal safety division received an initial order for over 6,500 devices including 3M PELTOR TEP-100 Tactical Earplug Kits and 3M PELTOR COMTAC III ACH Communications headsets. Installment of Tactical Communications and Protective Systems (TCAPS) is to be directed by PEO Soldier.
2017: McKeon showcased new Flightguard Airplane Pressure Relief Earplugs develop to provide flyers a comfortable flight experience. The earplug is designed by hearing protection specialists, its performance has been proven by independent engineering assessments and extensive consumer testing.
2017: 3M presents PELTOR Sport tactical hearing protectors, at The National Shooting Sports Foundation's Shooting, Hunting and Outdoor Trade Show (SHOT Show) in Las Vegas. The PELTOR Sport Tactical 500 and PELTOR Sport Tactical 300 and Electronic Hearing Protectors uses smart technology which measures the level of energy at the time of gunshot noise and echoes in the environment.

The Global Earplugs Market has been segmented as Follows:
Global Earplug Market - Type
Silicone Earplugs
Custom Moulded
Foam Earplugs
Flanged Earplugs

Global Earplug Market - Application
Sleeping
Noise Reduction
Swimming
Travel
Other

Global Earplug Market - By End-User
Manufacturing
Construction
Military
Forestry
Healthcare
Mining
Entertainment
Others

Earplugs Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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Key findings f the study:
From a growth perspective Japan in Asia-Pacific region is anticipated to witness the most lucrative CAGR growth rate of 15.7% during the forecast period
Manufacturing segment accounted for the largest market share in 2017, and the same is anticipated to be the fastest growing segment in earplug market during the forecast period.
Noise reduction in the application segment dominated the earplug market in 2017, and also is expected to create lucrative business opportunities
Foam earplug segment is the most prominent type of end user, however, the silicon segment is anticipated to drive the businesses of market players operating in earplug market.

Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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