Press release
Gloves Market Worldwide Analysis and Market Opportunities Explored by 2025
A glove is a garment covering the whole hand. Gloves have separate sheaths or openings for each finger and the thumb; if there is an opening but no (or a short) covering sheath for each finger they are called fingerless gloves. Fingerless gloves having one large opening rather than individual openings for each finger are sometimes called gauntlets, though gauntlets are not necessarily fingerless. Gloves which cover the entire hand or fist but do not have separate finger openings or sheaths are called mittens. Mittens are warmer than other styles of gloves made of the same material because fingers maintain their warmth better when they are in contact with each other. Reduced surface area reduces heat loss.
One of the major factors driving this market’s growth is the sharp increase in natural rubber production in countries like Thailand, Vietnam, and Indonesia. Although the world rubber production is expected to be weak during 2016-2017, the consumption in the Association of Natural Rubber Producing Countries (ANRPC) will increase by a significant margin. In order to overcome the factors leading to a decline in rubber production, the rubber board of India has taken several initiatives, which has led to an increase in production of rubber, which will positively affect the gloves market over the coming years.
One of the recent trends gaining traction in the market is the increasing adoption of green and recyclable material for manufacturing gloves. Most product manufacturers are increasingly focusing on the use of green manufacturing processes, technologies, and sustainability. Also, they are using renewable resources like sun and wind power to minimize costs. The growing demand for green products will lead to innovations in new manufacturing processes, ensuring that vendors are committed to use environmental friendly alternatives rather than petroleum-based plastics.
The global Gloves market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Gloves in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Honeywell
Ansell Healthcare
3M
Top Glove
Lakeland Industries
Bennett Safetywear
HexArmor
By the product type, the market is primarily split into
Disposable Gloves
Reusable Gloves
By the end users/application, this report covers the following segments
Industrial Users
Commercial Users
Individual Users
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