Global Industrial Gloves Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Industrial Gloves Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Industrial gloves serve as an item of protective apparel for workers in factories. They are classified under cut-slash protection as well as thermal protection. Gloves are best for protection from rough objects, sparks and heat, and for cushioning from blows in heavy-duty work requirements.

Market Overview:

The latest research study on the global Industrial Gloves market finds that the global Industrial Gloves market reached a value of USD 9895.46 million in 2022. It’s expected that the market will achieve USD 15096.53 million by 2028, exhibiting a CAGR of 7.29% during the forecast period.

Global intermediate products account for more than half of all goods trade, and global supply chains have been closely integrated. China, the United States and Germany have become the industrial chain hubs in East Asia, North America and Western Europe respectively. The epidemic has an impact on the industrial chain, especially for industries with a high degree of integration in the global value chain. The COVID-19 epidemic has led to a slowdown in manufacturing activities, mainly reflected in parts shortage, labor disruption, and traffic disruption. As global supply chains may continue to be interrupted, global manufacturing output may also shrink significantly.

Rising demand for industrial gloves in various applications.

Warmth, rough items, and potentially hazardous environments are all protected by industrial gloves. They are designed to make the wearer’s life easier while without inhibiting their efficiency or competence. They protect workers from heat, corrosive liquids, and sharp objects in manufacturing plants, assembly plants, chemical plants, and medical facilities. Industrial gloves are primarily utilized in Automotive & Transportation, Pharmaceuticals, Chemicals, Food & Beverages industries to ensure well-being of the employees.

Workplace safety regulations are supporting protective gloves market growth

The growing working population due to rapid growth in the healthcare, oil & gas, chemical, food processing, and manufacturing industries is likely to show lucrative growth opportunities. The industrial environment has become highly advanced, but it still poses a high workplace accident risk. The human hand is one of the most used tools in the industry, improper attention or care may often lead to drastic results. Thus, safety gloves help protect against mishaps such as heat, cold, contact dermatitis, various communicable diseases, and sharp objects.

Automation and technology will affect the industrial gloves market adversely

A hurdle to its expansion will come from the rising automation in all end-use verticals, which will greatly reduce human effort and increase accuracy but also have an influence on employment and the need for personal protective equipment like industrial gloves. Robots are swiftly replacing human labor in the manufacturing industry as automation is being used across industrial verticals.

Region Overview:

In 2021, the share of the Industrial Gloves market in Europe stood at 25.81%.

Company Overview:

Top Glove Corporation Bhd
Top Glove Corporation Bhd is the world’s largest manufacturer of gloves, with manufacturing operations spanning across Malaysia, Thailand and China. Top Glove Corporation focuses on glove manufacturing, glove marketing, OEM manufacturing, nitrile gloves, latex gloves and surgical gloves.

Honeywell International, Inc.

Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions.

Top Glove Corporation Bhd is one of the major players operating in the Industrial Gloves market, holding a share of 7.36% in 2022.

Segmentation Overview:

Latex gloves are made of natural rubber. Latex gloves have abrasion resistance and puncture resistance; Acid and alkali resistance, grease, fuel oil and various solvents, etc. It has extensive chemical resistance and good oil-proof effect. In addition, the unique fingertip texture design of latex gloves greatly enhances the grip and effectively prevents slipping; Patented design without palmprint, uniform glue penetration and enhanced protection; Unique hand design, cotton lining, improve comfort.

Nitrile gloves are made of synthetic rubber. Nitrile rubber is a very strong and durable material. Nitrile gloves are more durable than latex gloves.

By type, Nitrile Gloves segment accounted for the largest share of market in 2021.

Application Overview:

Industrial Gloves is widely used in Automotive & Transportation, Pharmaceuticals, Chemicals, Food & Beverages and other industrial occasions. Industrial gloves can ensure that workers comply with safety regulations and avoid unnecessary losses.

The market's largest segment by application is the segment Automotive & Transportation, with a market share of 30.97% in 2021.

Key Companies in the global Industrial Gloves market covered in Chapter 3:

Smart Glove Corporation Sdn. Bhd.
Top Glove Corporation Bhd
Protective Industrial Products, Inc (PIP)
3M Company
Riverstone Holdings Limited.
Honeywell International, Inc.
Globus (Shetland) Ltd.
Uvex Winter Holding GmbH & Co. KG
Kossan Rubber Industries Bhd.
SEMPERIT AG HOLDING
Dipped Products Plc
Rubberex Corporation (M) Bhd.
Johnson Wilshire Inc.
SHOWA Gloves
Ansell
Magid Glove & Safety Manufacturing Company LLC.
Hartalega Holdings Berhad

In Chapter 4 and Chapter 14.2, on the basis of types, the Industrial Gloves market from 2018 to 2029 is primarily split into:

Latex Gloves
Nitrile Gloves
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Industrial Gloves market from 2018 to 2029 covers:

Automotive & Transportation
Pharmaceuticals
Chemicals
Food & Beverages
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)