- Opportunity and Forecast, 2016-2025
Earplugs are inserted into the ear canal to avoid damage to ear drums caused by loud noise, intrusion of water, air, dust, and other foreign objects. They provide comfort, cancel outside noise, and protect ears from injuries. They are used for hearing protection and noise cancellation by human exposed to noise level of 85 decibels and above. They play a significant role to prevent entry of water into ear canal. The adoption of earplugs has increased across various sectors including construction, military, forestry, manufacturing, mining, healthcare, and others, as they offer natural sound perception.
The global earplugs market is driven by factors such as increase in demand for gadgets with noise cancellation feature or noise reduction rating (NRR) devices and rise in awareness about auditory protection. However, lack of awareness about the importance of earplug devices in African countries hampers the market growth. High durability, increase in disposable income, and technological advancements to facilitate ease-of-use and comfort offer new opportunities to the market players. The market is analyzed based on four regions, namely Asia-Pacific, North America, Europe, and LAMEA.
The key manufacturers operating in the industry are Etymotic Research Inc., The 3M Company, Hearos, Honeywell International Inc., Hosa Technology Inc., LiveMus!c, Bengbu Hucong Hearing Protection Equipment Co. Ltd., Dongguan Yingfa Industrial Co. Ltd., Jinhua Baidun Protection Tools Co., Moldex Corporation, and Microgard. These market players have adopted various strategies such as new products launch, expansion, collaboration, joint ventures, partnerships, mergers & acquisitions, and other strategies to consolidate their market position and gain competitive edge in the market.
The United States Amniotic Membrane Market accounted for $189 million in 2012 and is expected to reach $722 million by 2022, registering a CAGR of 13.6% from 2017 to 2022. Read More >>