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Safety Gloves Market is projected to expand at 7.2% CAGR

Safety Gloves Market

Safety Gloves Market

The Safety gloves market is expected to grow at a 7.2% CAGR from its current market size of US$ 11.84 Bn to US$ 23.73 Bn by the end of 2032. Currently, safety glove sales across the globe account for 14%-17% of the worldwide glove market. The United States, Japan, China, India, and the United Kingdom led a notable CAGR of 6.4% increase in safety glove demand from 2017 to 2021. owning substantial market share and dominating the competition. By the end of 2021, the global market had generated US$ 11.13 billion in revenue.

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Despite the fact that the industrial environment has advanced throughout time, accidents are still a substantial concern. Wearing safety gloves when working in various situations will help you avoid exposure to sharp objects, extreme heat or cold, chemical burns, contact dermatitis, and numerous infectious diseases.

Workplace injuries have increased significantly, according to the Texas Department of Workers Compensation (DWC), with cuts, sprains, and strains making up the majority of mishaps. According to DWC, many of them were major injuries, citing statistics from the U.S. Bureau of Labor Statistics.
In conclusion, an increasing number of industrial injury cases are driving the global safety gloves market, which is expected to grow by more than 2X over the next ten years.

Key Market Players
The safety gloves market is highly competitive, with a large number of players operating at the global and regional levels. Some of the key companies profiled in the global Electric Blanket Market market include, Carolina Glove Co., Amada Miyachi America, Mallcom, Lakeland Industries, Delta Plus, Superior Glove Works Limited, Globus Group,Midas Safety, Alpha Packaging, Inc., The Lincoln Electric Company, DuPont de Nemours, Inc., UVEX WINTER HOLDING GmbH & Co. KG, Lindstrom Group, Radians, Polison, Honeywell International, Inc., Ansell Ltd., Avon Rubber plc, Cofra Srl, Adhesive & Equipment, Inc., RFB Latex Limited, Others (As per Request). These companies have a strong presence in the market, with a wide range of products and a global distribution network.

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Key Segments Covered in Safety Gloves Market Industry Research
By Product Type:
Disposable Gloves
• Surgical Gloves
• Sterile Gloves
• Chemical and Liquid Resistant Gloves
• Others

Durable Gloves
• Chemical and Liquid Resistant Gloves
• Heavy Duty Gloves
• Thermal Gloves
• Others

By Material Type:
• Natural Rubber
• Nitrile
• Neoprene
• Vinyl
• Leather
• Others

By End Use:
• Medical & Healthcare
• Food & Beverages
• Chemicals
• Manufacturing
• Construction
• Oil & Gas
• Mining
• Others

By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East Africa

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The safety gloves market is expected to witness significant growth in the coming years due to the increasing demand for PPE in various industries, as well as the growing awareness of the importance of workplace safety. However, the market may face some challenges, such as the availability of cheaper and low-quality products, which may negatively impact the overall market growth.

The safety gloves market is a significant segment of the PPE industry, and it is expected to witness strong growth in the coming years due to the increasing demand for PPE and the growing awareness of workplace safety.

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