Global Industrial Hand Gloves Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
The Global Industrial Hand Gloves Market is poised to grow over USD 9,583.7 million by 2025 at an estimated CAGR of 7.29% through the forecast period.
Top Glove Corporation Bhd (Malaysia), Globus (Shetland) Ltd (UK), Shamrock Manufacturing Company, Inc. (the US), Rubberex (Malaysia), Towa Corporation (Japan), Semperit AG Holding (Austria), Ansell Ltd (Australia), Honeywell International Inc. (US), 3M (US), and Kossan Rubber Industries Bhd (Malaysia) are the important market companies.
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The industrial hand gloves market 2020 is expected to exhibit steady growth. Industrial hand gloves are one of the primary parts of a worker’s protective gear. Its demand is likely to increase with the development of the industrial sector. The industrial gloves market is expected to expand on the global front. A report presented by Market Research Future (MRFR) recently asserts that the global market is supposed to register 7.29% CAGR across the review period. Also, the size of the market will reach USD 9583.7 Mn by 2025. However, the increase in demand is poised to be steady. It is for a lot of factors that the demand for the product is likely to increase in the coming years.
In fact, the demand growth also depends on the different uses these gloves are designed for. To illustrate, in the food & beverage industry, these gloves are more likely to support in maintaining hygiene standards. However, in mining industries, these gloves serve the purpose of protecting hands from eternal injuries and dust. Thus, the demand for industrial gloves, to a great extent, is dependent on the growth of the end-user industries. The healthcare industry is observed to account for a major share of the demand for industrial gloves.
Segmental Evaluation
The global Industrial Hand Gloves Market has been segmented based on material, product, application, and region. By the material, industrial hand gloves market has been segmented into leather gloves, polyethylene gloves, neoprene gloves, natural rubber, metal mesh gloves, nitrile gloves, and others. Based on product, the industrial hand gloves market has been segmented into reusable gloves and disposable gloves. Based on application, the market for industrial hand gloves globally has been segmented into the chemical industry, food & beverage industry, automotive industry, healthcare industry, construction industry, and others. Medical gloves are mandated to avoid transmission of infection. It is quintessential in the industry to use gloves before any checkup or surgery. The growth of the industry is poised to drive the growth of the industrial gloves market in the foreseeable future. Also, the rising number of surgeries being performed on a daily basis across the world is rapidly increasing. Reusable and disposable are the two types of products available in the market. Some industries prefer the former while others are inclined to use disposable gloves. Again, it depends on the purpose for which these gloves are used. Medical gloves can’t be reused as it can pose serious threat to the lives of the patients. However, reusable gloves have found application in industries such as chemical, automotive, food and beverage, etc. Increasing growth rate of these industries is presumed to have a favorable impact on the growth curve of the industrial gloves market.
Among all the materials used in the production of these gloves, which are – natural rubber, polyethylene gloves, leather gloves, nitrile gloves, metal mesh gloves, and neoprene gloves – the natural rubber as a material is projected to witness higher demand. Increasing standard of living, as well as implementation of laws regarding maintenance of hygiene standards, are expected to drive the demand for industrial rubber gloves in the industry. Also, a rise in household applications is being observed. It is also expected to boost the demand for industrial gloves over the next couple of years.
Regional Analysis
Asia Pacific has been witnessing rapid industrialization. It is, therefore, likely to witness rapid growth of the industrial gloves market. A rise in demand for waterproof gloves, safety gloves, etc. is supposed to be observed. Thus, the region is assessed to be a lucrative segment for investments and supply. Apart from usage, the production of these gloves in APAC is also expected to rise during the next few years.
Key Questions Addressed by the Report
- What was the historic market size (2018)?
- Which segmentation (material/product/application) is driving market growth?
- What will be the growth rate by 2025?
- Who are the key players in this market?
- What are the strategies adopted by key players?
Get Attractive Discount on “Global Industrial Hand Gloves Market Research Report: Information by Material (Natural Rubber, Leather Gloves, Polyethylene Gloves, Nitrile Gloves, Neoprene Gloves, Metal Mesh Gloves and others), Product (Reusable Gloves and Disposable Gloves), Application (Healthcare Industry, Chemical Industry, Automotive Industry, Food & Beverage Industry, Construction Industry and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2025” @ https://www.marketresearchfuture.com/check-discount/2071
Table of Contents
1 Executive Summary
1.1 Market Attractive Analysis
1.2 Global Industrial Hand Gloves Market, by Material
1.3 Global Industrial Hand Gloves Market, by Product
1.4 Global Industrial Hand Gloves Market, by Application
2 Market Introduction
2.1 Scope of the Study
2.2 List of Assumptions
2.3 Market Structure
2.4 Key Buying Criteria
3 Market Insights
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
Continued……..
List of Tables
Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Global Number of Hand Injuries by Main Industry Group, 2017/18
Table 4 Global Industrial Hand Gloves Market, by Material, 2017–2025 (Million Pairs)
Table 5 Global Industrial Hand Gloves Market, by Product, 2017–2025 (Usd Million)
Table 6 Global Industrial Hand Gloves Market, by Application, 2017–2025 (Usd Million)
Table 7 Global Industrial Hand Gloves Market, by Region, 2017–2025 (Usd Million)
Table 8 North America: Industrial Hand Gloves Market, by Country,2017–2025 (Usd Million)
Continued……..
List of Figures
Figure 1 Market Attractiveness Analysis: Global Industrial Hand Gloves Market
Figure 2 Global Industrial Hand Gloves Market Analysis by Material
Figure 3 Global Industrial Hand Gloves Market Analysis by Product
Figure 4 Global Industrial Hand Gloves Market Analysis by Application
Figure 5 Global Industrial Hand Gloves Market: Market Structure
Figure 6 Global Industrial Hand Gloves Market: Key Buying Criteria
Figure 7 North America Market Size & Market Share by Country (2018 Vs 2023)
Continued……..
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