openPR Logo
Press release

Industrial Gloves Market Product, Production, Revenue, Price, & Industry Analysis 2025

09-04-2017 04:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR

Industrial Gloves Market Product, Production, Revenue, Price,

The Asia Pacific industrial gloves market is consolidated with top four companies holding a massive 61% of the market. These players are: Top Glove Corporation Bhd, Hartalega Sdn Bhd, Kossan Rubber Industries Bhd, and Supermax Corporation Bhd. Players in the market are competing with each other and attempting to gain an edge by means of product innovation, states a new report by Transparency Market Research (TMR). Key players are acquiring established players in an effort to gain more market shares. A key strategy adopted by players is expanding their manufacturing capacities to acquire more share in the market. Exploring untapped markets and collaborating with companies are some of the other business strategies adopted by players in the Asia Pacific industrial gloves market.

As per the report, the Asia Pacific industrial gloves market was worth US$0.66 bn in 2016 and is expected to reach US$1.25 bn by the end of 2025, expanding at a 7.6% CAGR between 2017 and 2025. On the basis of type, the market is expected to be led by disposable gloves. Re-usable gloves cause hygiene concerns and thus, disposable gloves are being preferred. In 2016, disposable gloves segment accounted for 75% of the market. On the basis of country, Malaysia is anticipated to continue to lead. The country accounted for 49.9% of the market in 2016.

View Report @ www.transparencymarketresearch.com/asia-pacific-industria...

Increasing Importance of Maintaining Worker Safety Driving Demand for Industrial Gloves
Worker safety and worker health are gaining importance from the past few years and this is expected to drive the demand for industrial gloves. A number of industries have shown a positive response towards adopting industrial gloves for the sake of having a safe working environment for workers, thus boosting the market. In addition to this, stringent regulations have been implemented by governments across countries in Asia Pacific, which is anticipated to fuel the demand for industrial gloves. Rising cases of accidents in workplaces have created a need for safety measures, which is aiding the growth of this market. Governments and other regulatory bodies are taking strong actions against those employers and industries that do not adhere to the safety norms. This is compelling employers and industries to adopt various protective gears for their employees.

Get accurate market forecast and analysis on the Industrial Gloves Market Request a sample to stay abreast on the key trends impacting this market.
www.transparencymarketresearch.com/sample/sample.php?flag...

Lack of Awareness among Worker Population to Challenge Demand

Asia Pacific is anticipated to witness a strong growth in the industrial gloves market as the region is facing rapid industrialization and flourishing industries such as textile, chemical, or automotive. Demand for industrial gloves is especially high from the rubber industry. 93% of the global rubber production is in Asia and thus, a high demand for gloves persist from this industry. Rubber industries are domiciled in Indonesia and Thailand. On the other hand, a large number of the worker population is still unaware about industrial protective gears, which is obstructing the market’s growth. However, steps are being taken towards educating workers about the importance of following safety standards. This is anticipated to reduce the impact of this restraint in the forecast period. “In addition to this, there lies an opportunity in the untapped developing countries in Asia Pacific,” states a TMR analyst. Moreover, it is expected that some new industries will emerge in this region, which will create a heightened demand for industrial gloves by creating fresh opportunities in the market.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requiremen

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Gloves Market Product, Production, Revenue, Price, & Industry Analysis 2025 here

News-ID: 697586 • Views: 144

More Releases from TMR

Marine Cables and Connectors Market: Growth Opportunities Rise as Telecommunicat …
With the leading ten companies collectively accounting only for about 50% of overall share, the vendor landscape of the global marine cables and connectors market hints at a high level of fragmentation and intense competition, observes Transparency Market Research in a recent report. Owing to the large number of companies in the market, competition is likely to remain intense in the next few years as well. Get The Sample Report :
Multiple Telecommunication Operators are Migrating Their Customers over the IP N …
According to a new market report published by Transparency Market Research the global cloud telephony services market is expected to reach a value of US$ 41,768.3 Mn by 2026 on account of cost reductions compared to traditional telephony systems. The market is projected to expand at a CAGR of 17.2% during the forecast period from 2018 to 2026. Increasing demand for enterprise mobility, mobile workforce, and multiple benefits offered
Telecom Cloud Market -Increasing Use of Cloud Computing in BFSI Industry to Boos …
The global telecom cloud market is fragmented due to the presence of numerous small and big players in the market, as observed by Transparency Market Research. Several small and large-scale enterprises are investing in telecom cloud solutions and services as the market is possess huge potential to grow in the near future. Moreover, professional service providers and system solutions developers and integrators across industries are establishing themselves firmly in the
Major Vendors operating in Manufacturing Analytics Market are tableau software, …
Manufacturing analytics is a statistical tool which performs rule-based analysis to improve business processes and production quality. Data analytics is into various other industrial domains which include banking, financial services and insurance (BFSI), e-commerce, among others. However, increasing pressures to reduce manufacturing cost, meet federal norms, supply-chain requirements, global competition, and improve operating income has seen high adoption of data analytics in manufacturing sector in recent past. Additionally, with manufacturing

All 5 Releases


More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the