The Global Industrial Gloves Market size was estimated to be US$ 6.5 billion in 2019 and the expected CAGR is 9% through 2030.
Industrial gloves play a vital role in protection against several industrial hazards and to ensure the safety of the working professionals. With the expansion of industrial operations, the demand for personal protective equipment has increased significantly during past few decades. Industrial gloves act as a barrier between industrial environment and working professionals and prevent against cuts, abrasions, hazardous chemicals, and harmful pathogens.
It also ensures the process integrity through safe contact with different process elements. The demand for industrial gloves is primarily driven by rising awareness regarding personal safety and enforcement of safety regulations across several industries. The prevalence of infectious diseases contributes towards the adoption of safety gloves across healthcare applications to prevent contamination of healthcare professionals.
The chemical & pharmaceutical manufactures mandate the use of safety gloves to avoid contamination and cross contamination among the chemicals and working professionals. Expansion of manufacturing industry has contributed significantly towards the adoption of safety gloves and is anticipated to be prominent factor driving the growth of industrial gloves market in coming years.
North America contributed the largest share to the global industrial gloves market and is anticipated to be a dominating segment throughout the forecast period owing to strong demand from healthcare and oil & gas industry.
Asia Pacific is anticipated to be the most lucrative market during the forecast period owing to expanding manufacturing industry and increasing investment in expansion of healthcare infrastructure and pharmaceutical manufacturing across China, India, South Korea, Indonesia, Malaysia, and Taiwan
Industrial Gloves Market Share Analysis, by Geography (2022)
The report titled “Industrial Gloves Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global industrial gloves market.
Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market. For instance, Honeywell International Inc. reported revenue of US$ 36,709 million in 2019 and operating segment analysis of the company indicates that Aerospace business segment of the company generated US$ 14,054 million.
The global industrial gloves market is segmented on the basis of product type, material, end use industry, and geography. Based on product type, the global industrial gloves market is segmented into disposable gloves and re-usable gloves. Based on material, the global industrial gloves market is segmented into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene gloves, polyethylene gloves, and others. Based on end use industry, the global industrial gloves market is segmented into automotive, aerospace & defense, oil & gas, chemical, pharmaceuticals, energy & utility, food & beverages, metal & mining, manufacturing, healthcare and others. Based on geography, the global Industrial Gloves market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment, and would identify the segment of the company focusing on Industrial Gloves. Further, market share of prominent companies in the global industrial gloves market would also be estimated.
For instance, Honeywell International Inc. operates through four business segments namely Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The industrial gloves are delivered under Safety and Productivity Solutions business segment of the company with a revenue contribution of US$ 6,104 million in 2019.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the industrial gloves companies. The global industrial gloves market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the industrial gloves business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global industrial gloves market.
Major players active in the global industrial gloves market include 3M Corporation, Ansell Ltd., Dipped Products Plc., Hartalega Sdn. Bhd., Honeywell International Inc., Lakeland Industries, Semperit A.G., Showa Group, and Uvex Group.
By Product Type:
By End Use Industry:
The global Industrial Gloves market was worth US$ 6.5 billion in 2020.
The global Industrial Gloves market is expected to register a CAGR of 9% between 2023 and 2032.
North America contributed the largest share to the global industrial gloves market
The end-use segments in Industrial Gloves market are Automotive, Oil & gas, Chemical, Pharmaceuticals, Food & beverages and Healthcare.
Major players operating in the global Industrial Gloves market include 3M Corporation, Ansell Ltd., Dipped Products Plc., Hartalega Sdn. Bhd., Honeywell International Inc., Lakeland Industries, Semperit A.G.
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