Protective Gloves Market is Expected to See Growth Rate of 6.70% during Forecast Period 2023-2032

According to a Comprehensive Research Study by Market Research Future (MRFR), Protective Gloves Market Information by Material, Type, Application, End-use Industry, and Region – Forecast till 2032”, The Protective Gloves market size shall expand from USD 19.7 Billion in 2023 to USD 33.1 Billion by 2032, at a 6.70% rate from 2023 to 2032.

The mining, healthcare, construction, chemical, oil & gas, and manufacturing industries will see increased worker safety awareness as well as increased occupational risks. About 18% of all concrete-related injuries are lacerations, cuts, and punctures. Most workplaces that call for handling objects with sharp edges, such as metal, abrasion, and glass, have seen a surge in product adoption.

Market Competitive Landscape:

• Huihong (NANTONG) Safety Products Co. Ltd (China)
• Ansell Ltd. (Australia)
• Hartalega Holdings Berhad (Malaysia)
• Top Glove Corporation Bhd (Malaysia)
• 3M (U.S.)
• Superior Gloves (U.S.)
• Kossan Rubber Industries Bhd (Malaysia)
• Kimberly-Clark Corporation (U.S.)
• DIPPED PRODUCTS PLC (Sri Lanka)
• Globus (Shetland) Ltd. (U.K.)
• Uvex Group (Germany)
• PIP Global (U.S.)
• Honeywell International Inc. (U.S.)
• Showa Glove Co. (U.S.)
• Towa Corporation (Japan)
• Supermax Corporation Berhad (Malaysia)
• ATG- Intelligent Glove Solutions (Sri Lanka)
• Lalan Group (Pvt) Ltd (Sri Lanka)
• Jiangsu Hanvo Safety Product Co. Ltd. (China)
• QS Safety (China)

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Market Drivers:

There will undoubtedly be many opportunities for successful expansion because the healthcare, oil and gas, chemical, food processing, and industrial sectors are all seeing rapid growth. The danger of workplace accidents has increased despite the fact that the industrial environment has changed dramatically. The human hand is one of the most often used tools in the industry; if handled improperly, it frequently results in devastating outcomes. Therefore, safety gloves provide protection from injuries brought on by heat, cold, contact dermatitis, several contagious diseases, and sharp objects.

In light of more rigorous government regulations, manufacturers must now take safety measures for employees’ security in order to decrease workplace risks and accidents. American and European manufacturing companies must abide by stringent regulatory regulations in order to prevent workplace hazards. These businesses’ top management is also committed to implementing preventative measures. Laws that are suited for workplace security have been implemented by a number of nations worldwide. Although there isn’t an ANSI standard for hand protection, OSHA suggests choosing the appropriate gloves depending on the tasks to be performed in the workplace as well as the design and performance qualities of the material used for the gloves. 

The rising death toll globally and the growing workforce in the construction industry both have an impact on the production of safety gloves. The hands of construction workers are regularly exposed to a number of dangers on the job site. According to the U.S. Bureau of Labour and Statistics, around 110,000 occurrences of hand injuries result in fatalities in the construction industry each year. In contrast, 30% of accidents are brought on by gloves that are not correctly fitted or of the wrong size, and 70% of accidents are brought on by employees who are not wearing gloves.

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Market Restraints:

Two issues inhibiting the growth of the global market for protective gloves are the issue of skin allergies and the rise in automation, which reduces the demand for labor in many industries.

Market Segmentation

The segmentation of the Protective Gloves Market with regard to material includes latex, nitrile, neoprene, leather, vinyl, and other materials.

 The Protective Gloves Market has been divided into two types: reusable and disposable gloves. 

As per their application, the protective gloves market can be divided into chemical, mechanical, biological, thermal, and other categories.

The end-use industries that are divided into segments in the protective gloves market include healthcare, manufacturing, food and beverage, oil and gas, construction, transportation, and others.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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