Expansion Of Production Capacities To Meet Increased Demand In The Hand Protection Equipment Market Industry Trends Gaining Momentum in the Global Hand Protection Equipment Market

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Hand Protection Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a robust growth in the hand protection equipment market size in the previous years. The market, which was valued at $34.39 billion in 2024, is projected to rise to $36.77 billion in 2025, marking a compound annual growth rate (CAGR) of 6.9%. The substantial growth during the historic period can be ascribed to factors such as strict occupational safety norms, upsurge in industrial growth, enhanced awareness about worker safety, expansion of the healthcare sector, and the increase in chemical and biological risks.

Hand Protection Equipment Market Size Forecast: What's the Projected Valuation by 2029?
In the forthcoming years, the hand protection equipment market is projected to see accelerated growth. The market is forecast to expand to $55.74 billion by 2029, with a compound annual growth rate (CAGR) of 11.0%. The projected growth during the forecast period is due to factors such as sustainable materials, higher healthcare expenditure, global supply chain aspects, safety in remote work, and tailored solutions. The forecast period also indicates major trends like greater demand for disposable gloves, ergonomic design, sophisticated materials and technology, smart gloves combined with wearable tech, and bespoke sizing and fit.

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What Are the Drivers Transforming the Hand Protection Equipment Market?
The growth of the hand protection equipment market is being driven by a heightened consciousness around health and safety measures. Utilizing these measures correctly can abate a broad spectrum of hazards relating to health, hands, and arms that are encountered during operational tasks. Stiff organizational policies and government regulations are in place to nullify workplace risks at their origin, through technological or organizational means. For example, the National Irish Safety Organisation (NISO), based in Ireland, launched a brief, no-cost online course in July 2023 on chemical safety in the workplace via its e-learning platform, under the guidance of the Health and Safety Authority (HSA). This training is aimed at any industry workers, managers, and safety advocates who interact with chemicals. The half-hour introductory classes are geared towards equipping learners with an essential, no-expense-spared foundation in detecting and dealing with hazardous substances in their workplaces. As such, the escalating consciousness about safety and health measures is driving the hand protection equipment market's growth.

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Which Fast-Growing Trends Are Poised to Disrupt the Hand Protection Equipment Market?
The hand protection equipment market is observing a trending increase in production capabilities. This trend is driven by firms expanding their production to cater to the unexpected surge in demand for gloves, particularly from clients in the medical field. The disruption of supply chains during the COVID-19 pandemic has obliged governments worldwide to establish adequate domestic production capacities for critical items such as PPE, medical devices, among others. This can be seen with SHOWA Group, a US-based fully-integrated producer of medical and industrial PPE hand protection, which tripled its output capacity in February 2022. This was in response to a rise in demand for American-made gloves both from the government and industrial sectors. The company's two new manufacturing plants are anticipated to elevate glove production to 1.2 billion units by 2022 end and 2.8 billion when the new facilities are fully operational. In March 2020, Malaysian firm Hartalega, which specializes in glove production for healthcare providers, acquired 38.49 hectares of land in Sepang. This acquisition is set to enable the company to incrementally boost its capacity in line with escalating global glove demand.

Which Segments in the Hand Protection Equipment Market Offer the Most Profit Potential?
The hand protection equipment market covered in this report is segmented -

1) By Hand Protection: Durable Gloves, Disposable Gloves
2) By Material Type: Natural Rubber Gloves Or Latex, Nitrile Gloves, Vinyl Gloves, Other Material Types
3) By End-User Industry: Healthcare, Industrial Safety And Chemical, Construction, Automotive, Other End-Users

Subsegments:
1) By Durable Gloves: Leather Gloves, Cut-Resistant Gloves, Chemical-Resistant Gloves, Thermal Gloves
2) By Disposable Gloves: Latex Gloves, Nitrile Gloves, Vinyl Gloves, Polyethylene Gloves

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Which Firms Dominate the Hand Protection Equipment Market by Market Share and Revenue in 2025?
Major companies operating in the hand protection equipment market include Top Glove Corporation Bhd, Hartalega Holdings Berhad, Honeywell International Inc., 3M Company, Alpha Pro Tech Ltd., Halyard Health Inc., Medline Industries Inc., Cardinal Health Inc., Kossan Rubber Industries Bhd, Globus Ltd., Ansell Limited, E. I. du Pont de Nemours and Company, Mallcom Limited, MSA Safety Incorporated, Radians Inc., Rock Fall Ltd., Kimberly-Clark Corporation, Lakeland Industries Inc., Delta Plus Group, Protective Industrial Products Inc., Showa Group, Towa Corporation, COFRA Holding AG, Ejendals AB, Rubber*ex Corporation (M) Berhad, Joseph Leslie & Co. LLP, MCR Safety, Atlantic Safety Products Inc.

Which Regions Offer the Highest Growth Potential in the Hand Protection Equipment Market?
North America was the largest region in the hand protection equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hand protection equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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