Global Industrial Gloves Market Size, Trends & Growth Opportunity, By Type (Disposable Gloves, and Reusable Gloves), By Material Type (Polyethylene, Nitrile, Rubber, Neoprene, and Vinyl), and By Application (Food & Beverage, Chemicals, Healthcare, Pharmaceuticals, Manufacturing, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Industrial Gloves Market
Global Industrial Gloves Market was valued at USD 8.9 billion by 2021 and is expected to reach USD 15.8 billion by 2027, at a CAGR 9.61% from 2022-2027.
Industrial gloves are personal protective equipment’s which are worn during work projects. These are protective wear that protects the skin from severe heat, sharp metals, and harmful environments. Industrial gloves are designed to provide comfort to the person who is wearing it and do not obstruct the efficiency and competence of the person. Industrial gloves are very useful for manufacturing, chemical, and assembling plants, and many medical institutes.
Market Drivers
High demand for superior performance and comfort are the key driving factors that is expected to drive the global industrial gloves market. Further, rising healthcare and food processing industries will propel the market growth.
Moreover, industrial gloves are cut resistant that have a long working life and offers firm grip. These factors will significantly fuel the market growth. Additionally, rising awareness regarding health and safety measures that are associated with patient treatment and emergency response incidents are projected to boost the market growth.
Market Restraints
Somehow, lack of awareness regarding usage of industrial gloves in developing countries is the major restraining factor which is expected to hinder the global industrial gloves market in forecast period. Also, availability of local and inexpensive products will obstruct the market growth further.
Market Segmentation
Global Industrial Gloves Market is segmented into type, material type, application, and region.
Based on material type, the global industrial gloves market is segmented into: Natural Rubber Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene Gloves, Polyethylene Gloves, Other Material Types (PVC, Leather Gloves).
Regional Analysis
Global Industrial Gloves Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
The Asia Pacific region is expected to have the highest CAGR during the forecast period 2027. This is due to industrial gloves acting as a shield from warmth, harsh objects, and potentially toxic surroundings. Besides, rapid advancements in the material and production process of industrial gloves in the region are supporting the market growth.
key Players
Various key players are discussed into the Global Industrial Gloves Market Report including: 3M Corporation, Ansell Ltd., Holding Towa Corporation, Semperit A.G. Holding, Honeywell Safety Products, Showa Group, E.I. DuPont De Nemours, Company, and MSA Safety, Riverstone Holdings Limited, Lakeland Industries Inc., and Others.
For instance, in November 2021, Techniweld USA, a US-based welding company, had acquired Southern Glove, Inc. for an undisclosed amount. Through this acquisition, Techniweld USA was expected to gain a new line of glove products to strengthen its position.
Market Taxonomy
By Type
By Material Type
By Application
By Region
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