Gloves Market Updates : Predicted to Cross USD 118.5 Billion by 2025 ; a CAGR of 8.6% from 2021 to 2025

According to a new report published by Allied Market Research, titled, "Gloves Market by Type and Industry: Global Opportunity Analysis and Industry Forecast, 2021-2025," the global gloves market was valued at $48.0 billion in 2017, and is projected to reach $118.5 billion by 2025, registering a CAGR of 8.6% from 2021 to 2025.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/A08867

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐆𝐥𝐨𝐯𝐞𝐬 ?

Gloves serve a crucial role in safeguarding hands from cold, heat, friction damage, abrasion, and disease. They are particularly vital when handling hazardous chemicals and materials, shielding hands from infection and contamination. In healthcare settings, latex, vinyl, and nitrile gloves are commonly used for their protective qualities.

The COVID-19 pandemic underscored the importance of medical gloves in preventing the spread of the virus. They act as a barrier against contaminants, aiding in the protection of healthcare providers and patients alike. As an integral part of personal protective equipment (PPE), medical gloves are indispensable in minimizing infection transmission.

Recognizing their significance, the CDC recommended their use not only in healthcare but also in various everyday tasks such as food handling, cleaning, gardening, and caring for the sick. However, it's essential to use gloves appropriately to avoid inadvertently spreading germs, thereby safeguarding both workers and the public.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬

The market growth is propelled by several key factors, including heightened concerns for safety and hygiene, an expanding user base, and the rise in rubber production. Moreover, increasing awareness of hygiene among healthcare professionals and technological advancements are poised to further stimulate market growth. Nonetheless, stiff price competition and potential toxic reactions to certain gloves are anticipated to hinder market expansion. Conversely, emerging economies and untapped markets present promising opportunities for lucrative growth in the foreseeable future.

𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 https://www.alliedmarketresearch.com/connect-to-analyst/A08867

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

The global gloves market is categorized based on type, industry, and region. In terms of type, it includes disposable sterile gloves, disposable examination and protective gloves, and consumer gloves. Within disposable sterile gloves, there are subcategories such as disposable surgical sterile gloves, disposable examination sterile gloves, and others. Similarly, disposable examination and protective gloves encompass disposable nitrile, latex, vinyl gloves, among others.

Industries served by the gloves market include medical, HORECA (Hotel/Restaurant/Café), cleaning, beauty, food and beverage, pharmaceutical, chemical, automotive, electronics, construction, and others. Regionally, the market spans North America, Europe, Asia-Pacific, and LAMEA.

Disposable sterile gloves held the largest market share in 2017, primarily driven by their extensive usage in medical settings, particularly during surgical and examination procedures. Furthermore, disposable gloves made from vinyl or natural rubber are commonly employed in low-risk general procedures, such as non-invasive physical examinations.

In terms of industries, the electronics and automotive sector claimed the highest market share in 2017. This growth can be attributed to their specific requirements, including the handling of precision electronic components and equipment installation.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
CARDINAL HEALTH, INC.
HONEYWELL INTERNATIONAL INC.
SEMPERIT AG HOLDING
KIMBERLY-CLARK CORPORATION
3M COMPANY
ANSELL LIMITED
HARTALEGA HOLDINGS BERHAD
KOSSAN RUBBER INDUSTRIES BHD
TOP GLOVE CORPORATION BHD

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞- https://www.alliedmarketresearch.com/gloves-market-A08867

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.

We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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