May 2024 | Report Format: Electronic (PDF)

Fall Protection Market Growth & Trends

The global fall protection market size is expected to reach USD 4,534.9 million by 2030, registering a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing fatalities along with the growing relevance of workplace safety and security, are expected to fuel industry expansion during the forecast period. As per the 2022 World Health Organization Report, falls constitute a significant public health issue, with 684,000 fatal incidents occurring annually. This makes falls the second-leading cause of unintentional injury-related deaths after road traffic injuries. As per the National Institute for Occupational Safety and Health (NIOSH) Construction Statistics, falls continue to be the primary cause of fatalities in the construction industry, which is one of the most hazardous industries in the U.S. In 2023, falls in the construction industry accounted for over one-third of all industry-related fatalities.

Each year, over 300 workers experience fatal falls while doing their routine job tasks, and this statistic has shown relative stability in the past decade. Fatalities due to falls from heights constitute the primary cause of death in the construction industry. Regardless of the distance involved, any work conducted at elevated levels poses the risk of severe or fatal injuries in the event of a fall. For instance, 3M Fall Protection is dedicated to providing construction workers with the necessary equipment, training, knowledge, and expertise, thus instilling confidence in them to execute their tasks safely and effectively. These aforementioned factors are expected to augment the market growth over the forecast period. Moreover, governments across the globe are implementing and enforcing stringent safety regulations to ensure a secure working environment.

A pivotal initiative to raise fall prevention awareness is the National Safety Stand-Down, an annual voluntary event coordinated by the Occupational Safety and Health Administration (OSHA) and other safety organizations. Typically occurring in May, this event brings together supervisors, employers, and workers to increase their awareness about possible fall hazards in the construction industry. During the Stand-Down, work is temporarily halted, and participants engage in training sessions, discussions, and equipment inspections focused on fall prevention. These activities are designed to educate workers to recognize fall hazards and use appropriate safety equipment. OSHA has further mandated that fall prevention measures are imperative for falls of six feet or more to the ground or lower surfaces.

Examples of such systems include guardrails and mid rails that are installed on scaffolds, along the open edges of floors, around skylights, on scissor lifts, as covers over floor openings, and in designated restricted zones during roofing operations. These protective systems adhere to specific design requirements outlined in OSHA standards for construction. For instance, guardrails must be positioned between 39 and 45 inches above the walking and working surface and must possess the capacity to withstand a force exceeding 200 pounds. Fall protection equipment manufacturers are seeking collaborations, mergers & acquisitions to develop advanced and innovative solutions.

Manufacturers are also adopting several strategies, like product development and geographical expansion, to enhance their market penetration and cater to end-use industries. For instance, in January 2024, WenerCo introduced a groundbreaking fall protection utility lifeline tailored for utility workers and linemen that provides them with an elevated level of climbing security. This innovative offering includes an anchor strap fall arrest system, which is specifically designed to meet the unique safety requirements of professionals working on utility poles or similar structures. With this product launch, WenerCo demonstrates its commitment to advancing safety solutions for workers in specialized industries, thereby offering a comprehensive and effective tool to enhance fall protection in utility-related environments.

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Fall Protection Market Report

Fall Protection Market Report Highlights

• In 2023, the individual protection segment dominated the market with a share of over 58.5%. Individual protection is the prevention of adverse outcomes from hazardous events that may take place during construction work. Lifelines, anchorage points, personal protective equipment, harnesses, lanyards, self-retracting lifelines, personal fall limiters, fall arresters, lanyard positioning devices, and body belts are all considered under the individual protection category

• Access fall protection equipment is a comprehensive safety measure designed to prevent falls from elevated surfaces in various work environments. These equipment are crucial for protecting workers who operate at heights, such as rooftops, facades, ladders, or elevated platforms

• The manufacturing end-use segment is expected to register the highest CAGR from 2024 to 2030. There is a growing awareness within the manufacturing sector about the importance of adhering to safety standards. Manufacturers are recognizing the need for robust fall protection solutions to mitigate the risks associated with working at heights, leading to a higher product adoption

• The construction industry is experiencing substantial growth globally, driven by urbanization, infrastructure development, and population expansion. Moreover, there is a growing awareness in the construction industry about the occupational hazards associated with working at heights. Employers and workers are recognizing the need for comprehensive fall protection measures to mitigate the risks posed by elevated work environments. This is expected to propel the demand for advanced & effective fall protection solutions

• In March 2023, Petzl unveiled the ASAP & ASAP LOCK kits, which act as convenient solutions that are pre-equipped with connectors, mobile fall arresters, and energy absorbers. These kits are hassle-free, ready-to-use personal fall arrest systems that comply with OSHA fall protection regulations and adhere to the ANSI Z359.15 standard. When paired with RAY 11 lifelines, available with or without a sewn termination (sold separately), these kits act as comprehensive and reliable fall protection solutions

Fall Protection Market Segmentation

Grand View Research has segmented the global fall protection market on the basis of type, end-use, and region:

Fall Protection Type Outlook (Revenue, USD Million, 2018–2030)

• Individual Protection

• Collective Protection

• Access Equipment

Fall Protection End-use Outlook (Revenue, USD Million, 2018–2030)

• Construction

• Manufacturing

• Oil & Gas

• Chemicals

• Food

• Pharmaceuticals

• Healthcare

• Transportation

• Mining

• Others

List of Key Players in Fall Protection Market

• FallTech

• Petzl

• SKYLOTEC

• WernerCo

• Guardian Fall

• MSA

• Honeywell International Inc.

• 3M

• Gravitec Systems, Inc.

• Kee Safety Inc

• French Creek Production

• Safewaze

• Tritech Fall Protection

• GISS

• Webb-Rite Safety