Report Overview

Global Industrial Gloves Market: Overview

Global Industrial Gloves market is anticipated to worth USD 9,287 million in 2019, with a CAGR of 12.7% during 2019-2025. The global market of industry gloves is projected to grow at a healthy growth rate over the forecast period owing to the increasing safety awareness at workplaces. These are made up of both synthetic and natural raw materials which are resistant to chemical reactions, abrasion, and corrosion, and can withstand low and high-temperature conditions. The increase in demand is seen due to its design which provides extreme comfort to the wearer and does not obstruct the efficiency and adroitness of the wearer. It is extensively used in the automotive and transportation, oil and gas, and food industry. The key factors such as increasing consciousness to improve labor protection from accidental risk at the workplace are fueling the demand for industrial safety gloves.

Also, High dexterity occupations in the construction, automotive, mining, chemical, and oil & power industry are stimulating market expansion with improved monitoring setup to enhance workplace protection and reduce occupational hazards across the industries will support product penetration thus grow the market in coming years. Moreover, stringent guidelines prescribed by the OSHA and ANSI, along with the initiative taken by governing authorities of several nations have imposed laws suitable for the risk-free workplace and to provide protective accessories while working will augment the product adoption thus increasing the sales volume. In addition, the technological advancements in the production process will provide a lucrative business opportunity for industrial safety gloves manufacturers. However, the growing demand of efficient gloves with better grip and convenience are encouraging the key players to bring product development and launches.

Reusable Industrial Gloves- Most Lucrative Product Segment In the Global Industrial Gloves Market

On the basis of product type, the global Industrial gloves market is segmented as re-usable and disposable gloves. The re-usable industrial gloves segment is the leading segment in the industrial gloves market and is expected to dominate over the forecast period. It is more preferable in industries due to its various advantages such as more impenetrable, longer life, and offers better protection than disposable gloves. The main factors surging the growth of re-usable gloves are its wide acceptance due to its unique features, which is compatible with human skin and hand. It is widely preferred in industries dealing with toxic chemicals and liquids as it provides a barrier against the toxic chemicals effectively. However, some protection needs to be taken such as the re-usable gloves have to be cleaned regularly post-usage and thoroughly dried before storing to avoid contamination. Also, during longer uses of re-usable gloves, a thorough check or scrutiny must be done for leaks or cuts before its usage.

Chemical Industry expected to be the leading user of Industrial Gloves during the anticipated period

On the basis of application, the global Industrial gloves market is segmented as Pharmaceuticals, Food & Beverages, Automation, Chemicals, Manufacturing & Construction, Oil and Gas, and Others. The usage of gloves for chemical application is expected to witness the fastest growth rate over the forecast period owing to the rising demand for paint & coatings due to the rapid urbanization. Also, the expansion of the chemical sector owing to the increasing demand for petroleum and petrochemical products will augment the demand for industry gloves. Another key feature such as ultra-lightweight, breathable materials, seem-less and cut resistant liners will enhance demand for industrial safety gloves market globally. Moreover, the surging requirement for cut resistance, heat protection, oil repellency, and heat protection gloves will further propel the market size. The manufacturing industry is among the major user owing to its higher usage of heavy equipment, tool, and metals.

Asia-Pacific expected to witness the fastest growth rate in Industrial Gloves Market

In the Asia-Pacific region, the rising presence of various service and manufacturing industries, and stringent government rules and regulations on industrial safety is driving the market growth in the region. For instance, the Occupational Safety and Health Administration (OSHA) offers information on worker protection for functioning in various industrial settings with imposing rules and regulations. Industries in North America regions are strictly following safety standards and regulations which is supporting the market growth of industrial safety gloves in the region. Every manufacturing company has a quality department to check the quality of industrial gloves to ensure that the procured gloves are up to the mark in real-time operations which are influencing the demand of high-quality safety gloves in the region. In Europe, rising industrialization and growth in the number of workers across the region are major factors expected to support the demand for industrial safety gloves, especially in Germany, France, and Italy.

Global Industrial Gloves Market: Competitive Landscape

The key players operating in the global industrial gloves market include Honeywell International Inc., 3M Corporation, Top Glove Corporation Berhad, Ansell, Hartalega, Kossan Rubber, SHOWA, Rubberex (M) Sdn, Superior Glove, Towa Corporation, Southern Gloves Inc., and Marvel Glove Industries. Most of the key players are engaged in adopting strategies such as mergers and acquisition, collaborations, and new product development to increase their global market share.

Objective of the Study:

·         To analyze and forecast market size of the global industrial gloves market, in terms Value & Volume

·         To examine the careful market segmentation and forecast the market size, on the basis of region, segmented into 5 regions, namely, North America, Europe, Asia Pacific, MEA, & LATAM and major countries in the respective regions

·         To outline, categorized and forecast the global industrial gloves market on the basis of product kind and distribution channel.

· To examine competitive developments like expansions, technological advancement, new products launches, services, and regulative framework within the global industrial gloves market.

·         To identify the drivers and challenges for global industrial gloves market.

·         To spot the profile of leading players and an array of strategy outlook and SWOT analysis of major industry players.

Scope of the Report

By Product

·         Re-usable

·         Disposable

By Material

·         Nitrile

·         Rubber/Latex

·         Vinyl

·         Neoprene

·         Polyethylene

By Application

·         Pharmaceuticals

·         Food & Beverages

·         Automation

·         Chemicals

·         Manufacturing & Construction

·         Oil & Gas

·         Others

In addition, the report provides analysis of the Industrial Gloves market with respect to the following geographic segments:

·         North America

·         Latin America

·         Asia Pacific (APAC)

·         Europe

·         Middle East

·         Africa

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With three additional company detail analysis.

·         Additional country analysis.

• Detailed segment analysis.