Industrial Safety Industry Statistics

In this post, we explore key statistics and insights related to the industrial safety industry, shedding light on the significant impact of safety technology on global workforce, market growth projections, regional market shares, regulatory influences, and workforce safety training trends. From the financial values of specific safety equipment markets to the prevalence of work-related accidents and top safety violations, we analyze the data shaping the landscape of industrial safety practices and their implications for businesses and workers alike.

Statistic 1

"Safety technology affects approximately 7% of the world's workforce."

Statistic 2

"The Industrial Safety Market is to grow at a CAGR of 8.6% by 2025."

Statistic 3

"The industrial safety gloves market reached a value of US$ 13.5 Billion in 2021."

Statistic 4

"In 2019, construction industry is expected to hold a share of 20% in safety equipment and supplies distribution."

Statistic 5

"The North American industrial safety market is projected to reach USD 6.35 billion by 2027."

Statistic 6

"Europe holds the largest share of 33.1% in the industrial safety market in 2019."

Statistic 7

"Frequent change in safety regulations and norms has enhanced the global market growth rate to 8.20% CAGR."

Statistic 8

"About 2.3 million people worldwide succumb to work-related accidents or diseases annually."

Statistic 9

"Lockout/Tagout (LOTO) related safety violations were the fifth most cited violation in US industries in 2020."

Statistic 10

"Across 29 states, 65% of manufacturing workers received safety training in 2021."

The statistics presented showcase the significant impact of safety technology on the global workforce, with the industrial safety market poised for substantial growth in the coming years. The industrial safety gloves market has already reached impressive values, particularly in regions such as North America and Europe. The constant changes in safety regulations contribute to the market’s steady growth rate, emphasizing the importance of compliance and safety measures. Despite advancements, work-related accidents and violations continue to be a prevalent issue, highlighting the ongoing need for comprehensive safety training and measures across industries to protect workers.