Safety Gloves Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
Global Safety Gloves Market Sees Impressive Growth Prospects
The global safety gloves market is set to witness significant growth during forecast period. By the end of 2031, the market is expected to reach a valuation of US$ 22 billion, marking a substantial increase from its current size of US$ 13 billion.
Growing Significance in the Global Gloves Market
Safety gloves have carved out a notable presence, accounting for 14%-17% of the global gloves market. Leading the race were the United States, Japan, China, India, and the U.K., holding significant shares in the global market.
Addressing Occupational Hazards with Safety Gloves
The need for safety gloves and personal protective equipment in the workplace is underscored by the occurrence of several occupational or industrial accidents. Many accidents result from employees not wearing safety gloves, or in some cases, wearing gloves that do not meet required standards or are damaged. These incidents underscore the paramount importance of workplace safety and the imperative use of safety gloves across various industries.
Key Factors Driving Market Growth
• Increasing Public Awareness about Societal Health & Hygiene: Heightened emphasis on societal health and hygiene, especially in light of the COVID-19 pandemic, has driven greater demand for hand hygiene. Community programs and awareness campaigns have fostered a culture of hygiene consciousness, boosting the popularity of safety gloves.
• Rise in Industrial Risks of Accidents: Evolving industrial risks, arising from the use of new materials, coatings, and interior designs, are propelling the demand for protection and safety equipment. This includes fire- and cut-resistant gloves, creating opportunities for customized protective safety gloves to safeguard workers from potential threats.
• Development of Advanced Designs & Features: Recent threats from chemical, biological, and nuclear (CBN) weapons have necessitated advanced safety and protection operations. The development of multi-functional and multi-hazard safety gloves designed to protect against CBN threats and other hazards presents growth opportunities for manufacturers.
Country-wise Insights: Market Dynamics Across Regions
U.S.: The U.S. safety gloves market is characterized by stringent government regulations aimed at ensuring worker safety. The market is expected to witness rapid growth, driven by these regulations and the diverse end-use industries demanding safety gloves.
Saudi Arabia: As a key market in the Middle East and Africa (MEA), Saudi Arabia's oil and gas industry generates substantial demand for safety equipment, including safety gloves, due to the challenging work environment in the sector.
India: India is emerging as a prominent market in South Asia, driven by industrial and urbanization projects, government initiatives for smart cities, and the growth of consumer sectors such as food & beverages, hospitality, and consumer durables.
Competitive Landscape: Strategies for Market Penetration
Safety glove manufacturers are adopting various strategies to expand their market presence, including product launches, collaborations, partnerships, acquisitions, and the enhancement of global distribution networks.
Key Companies Profiled Include:
• 3M
• Carolina Glove Co.
• Amada Miyachi America
• Mallcom
• Lakeland Industries
• Delta Plus
• Superior Glove Works Limited
• Globus Group
• Midas Safety
• Alpha Packaging, Inc.
• The Lincoln Electric Company
• DuPont de Nemours, Inc.
• UVEX WINTER HOLDING GmbH & Co. KG
• Lindstrom Group
• Radians
• Polison
• Honeywell International, Inc.
• Ansell Ltd.
• Avon Rubber plc
• Cofra Srl
• Adhesive & Equipment, Inc.
• RFB Latex Limited
Key Segments Covered in Safety Gloves Industry Research
By Product Type:
• Disposable Gloves
Surgical Gloves
Sterile Gloves
Chemical and Liquid Resistant Gloves
Others
• Durable Gloves
Chemical and Liquid Resistant Gloves
Heavy Duty Gloves
Thermal Gloves
Others
By Material Type:
• Natural Rubber
• Nitrile
• Neoprene
• Vinyl
• Leather
• Others
By End Use:
• Medical & Healthcare
• Food & Beverages
• Chemicals
• Manufacturing
• Construction
• Oil & Gas
• Mining
• Others
By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East Africa
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