Press release
Industrial Gloves Market: Rapid Growth and Emerging Trends in the $31.67 Billion Industry by 2029
Industrial Gloves Market
What Is The Projected Market Size Of The Global Industrial Gloves Market And Its Growth Rate?
The Industrial Gloves Market:
• Is expected to grow from $18.08 billion in 2024 to $20.23 billion in 2025 at a CAGR of 11.9%.
• Factors such as rising workplace safety regulations, increased occupational health risks, expansion of manufacturing, and construction sectors along with high demand in healthcare and the chemical industry are fueling this growth.
• The market size is expected to reach $31.67 billion in 2029 at the same CAGR of 11.9%.
• Trends like increased preparedness for pandemics, demand for sustainability, expansion of e-commerce & logistics sectors, and rising use of advanced materials are contributing to the projected growth.
What Is Driving The Growth In The Industrial Gloves Market?
The expansion of healthcare and food processing industries is a significant factor propelling the growth of the industrial gloves market. Companies in the healthcare sector offer clinical services and manufacture drugs and medical equipment. On the other hand, food processing industries transform agricultural products into food products for grocery stores or modify one food product into another. Industrial gloves aid in preventing the spread of infection or illness in the healthcare sector and in maintaining hygiene and decontamination in the food processing industry. The rising growth rates of these sectors, particularly in growing markets like India, predict a positive outlook for the industrial gloves market.
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Who Are the Key Players Driving Industrial Gloves Market Growth?
Significant companies in the industrial gloves market include:
• Ansell Limited
• Careplus Group Berhad
• Globus Group
• Hartalega Holdings BHD
• Honeywell International Inc.
• Kossan Rubber Industries Bhd
• Other notable companies include Riverstone Holdings Limited, Semperit AG Holding, Supermax Corporation Berhad, and Top Glove Corporation Bhd.
What Are The Key Trends In The Industrial Gloves Market?
Emerging trends in the industrial gloves market include:
• Touchscreen compatibility
• Smart gloves
• Anti-microbial gloves
• Ergonomic designs
• Impact-resistant gloves
• Cut-resistant gloves
What Are The Segments Of The Global Industrial Gloves Market?
Segmentation of the Industrial Gloves Market comprise:
1) By Product: Reusable Gloves and Disposable Gloves.
2) By Material Type: Natural Rubber Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene Gloves, Polyethylene Gloves, and Other Material Types (such as PVC, Leather Gloves).
3) By End-Use: Pharmaceuticals, Automotive and Transportation, Food, Oil and Gas, Mining, Chemicals, along with Other End-Uses such as Pulp and Paper, Metal fabrication.
Which Region Leads The Industrial Gloves Market?
Asia-Pacific was the largest region in the industrial gloves market in 2024. With areas like Western Europe, Eastern Europe, North America, South America, Middle East and Africa also covered in the industrial gloves market report, it provides a comprehensive view of the global market scenario.
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What Is Covered In The Industrial Gloves Market Global Market Report?
- Market Size Analysis: Analyze the Industrial Gloves Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Industrial Gloves Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Industrial Gloves Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Industrial Gloves Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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