Press release
COVID-19 Pandemic Drives Surge in Industrial Gloves Market: Disposable Gloves to Witness High Demand
The "Industrial Gloves Market" was 113,272 million pairs in 2017 and is projected to grow to 216,048 million pairs by the end of 2025. From 2017 to 2025, the market is anticipated to grow at a CAGR of 9.2%.Click Here to Get Free Sample Copy of this Report https://www.persistencemarketresearch.com/samples/4587
Industrial gloves are used for various applications, such as chemical handling, oil and gas, mining, automotive, construction, and healthcare. Industrial gloves provide protection to workers from harmful chemicals, abrasions, cuts, and infections.
Market Dynamics:
The industrial gloves market refers to the global market for protective gloves used in various industrial applications to ensure worker safety and prevent the spread of infections. Industrial gloves are used in a wide range of industries, including healthcare, pharmaceuticals, food processing, chemicals, automotive, and others.
The market for industrial gloves is driven by various factors such as increasing awareness of workplace safety, rising demand for disposable gloves due to the COVID-19 pandemic, and growing demand for gloves in various industries due to the rise in industrialization.
The growth of the industrial gloves market is primarily driven by the increasing focus on worker safety and the rise in demand for disposable gloves in healthcare facilities. The demand for industrial gloves is also driven by regulations and safety standards in various industries, such as chemical, oil and gas, and mining.
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The emergence of new materials, such as nitrile and polyurethane, is also driving the growth of the industrial gloves market.
However, the high cost of raw materials, such as natural rubber, is expected to restrain the growth of the industrial gloves market. In addition, the availability of low-cost alternatives, such as leather gloves, is also expected to hamper market growth.
Competitive Landscape:
The global industrial gloves market is highly competitive, with the presence of a large number of players. The major players operating in the market include Ansell Limited, Dipped Products Plc, Hartalega Holdings Berhad, Kossan Rubber Industries Bhd., Top Glove Corporation Bhd, Globus (Shetland) Ltd., Johnson Wilshire Inc., Protective Industrial Products, Inc (PIP), Smart Glove Corporation Sdn. Bhd., Southern Glove, Inc., 3M Company, Uvex Winter Holding GmbH & Co. KG, SEMPERIT AG HOLDING, Riverstone Holdings Limited., Supermax Corp. Bhd, Honeywell International, Inc., Magid Glove & Safety Manufacturing Company LLC., Lakeland Industries, Inc., Shun Thai Rubber Gloves Industry Public Company Limited.
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Market Segmentation:
The market is segmented based on the material type, end-use industry, product type, and geography. Material types include natural rubber, nitrile, vinyl, neoprene, and others. The end-use industry includes healthcare, pharmaceuticals, food processing, chemicals, automotive, and others. Product types include disposable gloves and reusable gloves.
Material Type
• Latex Gloves
• Nitrile Gloves
• HPPE
• Cotton
• Leather
• Aramid
• Polyamide
• Acrylic
• Composite Fibers
Coating Type
• PVC
• Nitrile
• Latex
• Polyurethane
Application
• Automotive & Transportation
• Pharmaceuticals
• Chemicals
• Food & Beverages
• Construction
• Mining & Metallurgy
• Oil & Gas
• Pulp & Paper
• Metal Fabrication
• Other Manufacturing
Sales Channel
• Direct Sales
• Distribution Sales
Regional Analysis:
Geographically, the industrial gloves market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. Asia Pacific is expected to dominate the global industrial gloves market during the forecast period due to the presence of a large number of manufacturing industries in the region. The increasing focus on worker safety and regulations in the region is also driving the growth of the industrial gloves market.
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Industrial Gloves Market Recent News
• In March 2022, Top Glove Corporation Bhd, one of the leading manufacturers of industrial gloves, announced that it had completed the acquisition of a 51% stake in Eastern Press Sdn Bhd, a Malaysian packaging company. This acquisition is expected to strengthen Top Glove's supply chain and enhance its production capacity.
• In October 2021, Ansell Limited, a global leader in protective solutions, announced the acquisition of Armor Group, a manufacturer of personal protective equipment (PPE) in Europe. This acquisition is expected to expand Ansell's product portfolio and strengthen its position in the European market.
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