The global industrial hand gloves market is predicted to grow at a 7.29% CAGR over the forecast period (2019-2025), states the new Market Research Future (MRFR) report. Industrial gloves, simply put, are perfect hand protection for workers and for multi-purpose industrial use. They have a wide range of applications that need additional protection for workers as well as their products. These include printing and dyeing industry, paint and coatings industry, electronics industry, chemicals industry, healthcare, automotive, and more. —
Various factors are propelling the industrial hand gloves market growth. These factors, as specified by the Market Research Future (MRFR) report, include increasing safety concern, labor rights activism, various initiatives undertaken by the government associations, and constant research and development activities for product development. Additional factors pushing market growth include growing demand from construction, chemical, healthcare, and food and beverage industry on account of its wide range of applications to assure safety, hygiene, and sanitary conditions, and healthcare reforms, and healthcare awareness.
On the other side, lack of awareness concerning the use of industrial gloves, deviations in the prices of raw materials, and availability of inexpensive and local products are factors that may impede the industrial hand gloves market growth over the forecast period.
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Market Research Analysis
In terms of region, the global market for the industrial hand gloves is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America dominates the global industrial hand gloves market. Already existing infrastructure and major players situated in this region provides North America with ample opportunities for significant growth in the forecast period. The flourishing healthcare industry in this region has enabled the industrial hand gloves market to generate significant revenue from this region. Steadily growing automotive sector along with the chemical industry provides huge scope for the growth of the industrial hand gloves market.
In Europe, the booming automotive industry has been one of the prime contributing factors for the growth of the industrial hand gloves market in the region. Germany has dominated this region in terms of both, value and volume. With new reforms regarding the safety of workers and their security, the industrial hand gloves market has ample opportunity for further growth and development. Moreover, the growth of Asia-Pacific can be attributed to an increase in investments due to government initiatives for worker safety and security and rapid industrialization, across chemicals, food, automobiles, and the electronics sector.
The major players in the Global Industrial Hand Gloves Market include Towa Corporation (Japan), Top Glove Corporation Bhd (Malaysia), Shamrock Manufacturing Company, Inc. (US), Globus (Shetland) Ltd (UK), Rubberex (Malaysia), Semperit AG holding (Austria), Ansell Ltd (Australia), Honeywell International Inc. (US), 3M (US) and Kossan Rubber Industries Bhd (Malaysia).
Scope of the Report
This study provides an overview of the global industrial hand gloves market, tracking four market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global industrial hand gloves market by material, product, application and region.
By Material: Natural Rubber, Leather Gloves, Polyethylene Gloves, Nitrile Gloves, Neoprene Gloves, Metal Mesh Gloves
By Product: Reusable Gloves, Disposable Gloves
By Application: Healthcare Industry, Chemical Industry, Automotive Industry, Food & Beverage Industry, Construction Industry
By Regions: North America, Asia-Pacific, Europe, Rest of the World
designed for automotive, medical, and manufacturing applications.
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