Industrial Hand Gloves Market Growth Anticipated to Reach 15.91 billion, Registering CAGR of 7% By Rising Demand, Size, Growth Factors, Trends and Forecast 2030
Research Reports
Oct 27, 2022
Industrial Hand Gloves Market Research Report and Growth Analysis 2022 by Material (Natural Rubber, Leather Gloves, Polyethylene Gloves, Nitrile Gloves, Neoprene Gloves, Metal Mesh Gloves and others), Product (Reusable Gloves and Disposable Gloves), Application (Healthcare Industry, Chemical Industry, Automotive Industry, Food & Beverage Industry, Construction Industry and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2030
The Industrial Hand Gloves Market is expected to be valued at USD 15.91 billion, growing at a CAGR of 7% during the forecast period by 2027.
The worldwide industrial hand gloves market is expanding significantly due to strict government rules for workplace safety and a rise in workplace accidents. Furthermore, changing companies’ focus on accident prevention due to strict standards and regulations from international and local organizations would drive the worldwide industrial hand gloves market. As a result, the influence of rigorous government requirements for workplace safety is predicted to increase from moderate to high throughout the forecast period.
The rising frequency of workplace accidents has prompted end-user companies to embrace PPE goods such as industrial hand gloves. Chemicals and the oil and gas industries will continue to be major contributors, as these occupations have a high accident hazard due to the use of explosive compounds. Technological advancements in the manufacturing process will give product makers a prosperous business perspective.
Key Players
- Towa Corporation (Japan)
- Top Glove Corporation Bhd (Malaysia)
- Shamrock Manufacturing Company Inc (US)
- Globus (Shetland) Ltd (UK)
- Rubberex (Malaysia)
- Semperit AG Holding (Austria)
- Ansell Ltd (Australia)
- Honeywell International Inc (US)
- 3M (US)
- Kossan Rubber Industries Bhd (Malaysia) and Others.
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Surging industry development has necessitated using safety gloves in the workplace to protect employees from chemical burns, metal cuts, and high-temperature materials. The industrial environment is related to mechanical dangers such as radiation, electric shock, and microbiological contamination. Safety precautions such as wearing gloves and other protective equipment must be adopted to limit the high risk of exposure to materials and machines, increasing the market share of industrial safety gloves.
Industrial Hand Gloves Market segmentation:
The worldwide industrial hand gloves market has been classified into material, product, and application types.
Based on material type:
- Natural rubber
- Polyethylene gloves
- Leather gloves
- Nitrile gloves
- Metal mesh gloves
- Neoprene gloves,
- Others
Based on product type:
- Disposable gloves
- Reusable gloves
Based on application type:
- Chemical industry
- Healthcare industry
- Automotive industry
- Construction industry
- Food & beverage industry
- Others
Industrial Hand Gloves Market Report Scope:
|
Report Metrics |
Details |
|
Market Size |
USD 15.91 billion |
|
CAGR |
7% CAGR (2022-2030) |
|
Base Year |
2021 |
|
Forecast Period |
2022-2030 |
|
Historical Data |
2019 & 2020 |
|
Forecast Units |
Value (USD Million) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
|
Key Market Opportunities |
New product launches and R&D Amongst major key Players |
|
Key Market Drivers |
Strict government regulations for workforce safety Increase in the incidence of accidents in workplaces |
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Industrial Hand Gloves Market Regional analysis:
The worldwide industrial hand gloves market is divided into four regions: North America, Asia-Pacific, Europe, and the rest of the world (RoW).
The Asia-Pacific industrial hand glove market is predicted to develop significantly. Increased expenditures owing to government initiatives for worker safety and security and increased industrialization in the chemicals, car, food, and electronics sectors are likely to be important factors driving demand for industrial hand gloves in this area. Furthermore, multinational corporations continuously import low-cost raw materials and industrial hand gloves from this region. Because of rising economies like India and China, Asia-Pacific is one of the most important markets for global industrial hand gloves over the projection period. Asia-Pacific nations lead the worldwide market for industrial hand glove exports.
The rest of the world is seeing an increase in industrial safety hand gloves usage in the mining, construction, oil and gas, and chemical sectors. The construction and oil and gas sectors are predicted to increase, sustaining the requirement for industrial hand gloves for worker safety throughout the forecast period.
Recent developments:
- Ansell launched the Micro-Touch Dents-Glove Series, a range of dental inspection gloves, in May 2021. For patient safety and peace of mind, all items in this series are approved for use in oral exams. They are built with cutting-edge film technology to fulfill the specific and demanding demands of the dentistry profession.
- us launched the unique KC Performance LED Light Glove in June 2021. The revolutionary KC LED Light Gloves feature a better shape, fit, and performance since they were designed and engineered in the United States.
1 Executive Summary
1.1 Market Attractive Analysis 15
1.2 Global Industrial Hand Gloves Market, By Material 15
1.3 Global Industrial Hand Gloves Market, By Product 16
1.4 Global Industrial Hand Gloves Market, By Application 17
2 Market Introduction
2.1 Scope Of The Study 18
2.2 List Of Assumptions 19
2.3 Market Structure 19
2.4 Key Buying Criteria 20
3 Market Insights
4 Research Methodology
4.1 Research Process 24
4.2 Primary Research 25
4.3 Secondary Research 26
4.4 Market Size Estimation 27
4.5 Forecast Model 27
5 Market Dynamics
5.1 Introduction 28
5.1.1 Strict Government Regulation For Workforce Safety 29
5.1.2 Increase In Number Of Workplace Accidents 29
5.2 Drivers Impact Analysis 30
5.3 Restraints 31
5.3.1 Reduction In Employment Opportunities For Manual Labor Due To Automation 31
5.4 Restraint Impact Analysis 31
5.5 Opportunities 32
5.5.1 Increase In Workplace-Safety Awareness And Scope In The Lucrative Developing Markets 32
5.6 Challenges 32
5.6.1 Availability Of Local And Low-Cost Products 32
6 Market Factor Analysis
6.1 Supply Chain Analysis: Global Industrial Hand Gloves Market 33
…Continued.
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