IMARC Group, a leading market research company, has recently releases report titled “Industrial Gloves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The global industrial gloves market size reached US$ 9.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.3 Billion by 2028, exhibiting a growth rate (CAGR) of 7.13% during 2023-2028.
What is Industrial Gloves?
Industrial gloves are a type of personal protective equipment (PPE) that people wear while working on various projects. They are made from materials like neoprene, nitrile, natural rubber, polyethylene (PE), and metal mesh. These gloves are designed to have properties such as resistance to tearing, mechanical strength, and they provide important benefits like strong finger durability, protection against chemicals, flexibility, improved grip, and elasticity. Moreover, industrial gloves serve the purpose of safeguarding the hands from potential hazards like sharp metals, toxic environments, heat, and prevent injuries such as blisters, splinters, cuts, skin punctures, and burns from heat or chemicals. Consequently, industrial gloves find extensive applications in different industries, including healthcare, construction, oil and gas, automotive, and the food and beverage (F&B) sector.
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What are the growth prospects and trends in the Industrial Gloves Industry:
The rising awareness toward workplace safety and hygiene and the launch of favorable policies by the government bodies to promote the protection of industry workers are among the primary factors driving the industrial gloves market. In line with this, the emerging trend of industrialization has facilitated the usage of safety equipment at several workplaces, which is further augmenting the market growth. Moreover, the introduction of single-use or disposable industrial gloves that act as barriers to prevent and avoid the transmission of infections is also catalyzing the global market. Apart from this, the escalating demand for these equipment in the healthcare industry to contain viral outbreaks and infectious diseases and the growing understanding toward the health and safety measures associated with patient treatment and emergency response incidents are acting as significant growth-inducing factors. Additionally, continuous advancements in the material and production process to enhance the anti-puncture resistance properties of these derivatives are also stimulating the market growth. Furthermore, the elevating product requirement in the chemical sector for welding, metal processing, forging, and related operations, owing to its excellent insulation against high temperatures, is anticipated to propel the industrial gloves market over the forecasted period.
Who are the key players operating in the industry?
The report covers the major market players including:
3M Company
Ansell Limited
Cintas Corporation
Dipped Products PLC
Hartalega Holdings Berhad
Honeywell International Inc.
Lakeland Industries Inc.
Magid Glove & Safety Manufacturing Co LLC
Riverstone Holdings Limited
Shun Thai Rubber Gloves Industry Public Company Limited
Smart Glove Corporation Sdn Bhd
Top Glove Corporation Bhd
Uvex Winter Holding Gmbh & Co. Kg.
The report has been segmented the market into following categories:
Breakup by Product:
Reusable Gloves
Disposable Gloves
Breakup by Material Type:
Natural Rubber Gloves
Nitrile Gloves
Vinyl Gloves
Neoprene Gloves
Polyethylene Gloves
Others
Breakup by Sales Channel:
Direct Sales
Distribution Sales
Breakup by End Use:
Pharmaceuticals
Automotive and Transportation
Food
Oil and Gas
Mining
Chemicals
Others
By Geography:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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