The modern-day document posted via Report Ocean, titled “Industrial Gloves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
Industrial gloves market, in terms of revenue, was evaluated at $4,912.9 million in 2014 and is estimated to garner $9,774.5 million by 2020 growing at a CAGR of 12.8% over the forecast period. Industrial gloves are used as a personal protective equipment in various industries such as automotive, food and healthcare, to ensure worker’s safety and maintain sanitary conditions at work places. These gloves help to avoid cross contamination and exposure to particulate matter during the manufacturing process across various industries. The industrial gloves can be disposable as well as reusable based on the requirement of specific work environment.
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The reusable gloves are generally thicker and are used in harsher work environment whereas the disposable gloves are usually used in product protection and milder work environment. The threat of injury to the hands of workers, arising due to the harsh work environment and risk of product contamination has created an impending need for industrial gloves. Industrial gloves including reusable and disposable gloves have addressed this need as they offer hand protection and product protection respectively.
The increasing awareness about work safety, increasing variety of threats to the personnel, rapidly growing food processing industry and rising demand for high dexterity gloves, are some of the key factors that drive the growth of the world industrial gloves market during the analysis period. In addition, the outbreak of various epidemics such as swine flu, ebola among others resulting in increased use of gloves in product protection applications is significantly fostering the demand in the industrial gloves market. Factors restraining the market growth are unstable raw material prices and the use of robotics in manufacturing. The introduction of new glove designs with better grip and convenience are likely to offer better growth prospects in future. Moreover, rapid industrialization and improving healthcare reforms in Asia Pacific region would also provide a boost to the growth of industrial gloves market.
The key strategy adopted by leading market players is product launch. The need of efficient gloves with better grip and convenience are the prime reasons attributing to consistent product launches. For instance, in 2015, Ansell launched ultra-light cut-resistant Hyflex gloves which are light in weight and Showa launched a chemical resistant glove named ?Showa 379 gauntlet’ which is highly flexible.
To provide a detailed market assessment, the report segments the world industrial gloves market based on usability and geography. Based on the usability, the market is segmented into disposable and reusable industrial gloves. The disposable industrial gloves are further segmented based on materials and end users. Based on the material type, the industrial disposable gloves market is segmented into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene gloves, polyethylene gloves and others. Based on the end users, the industrial disposable gloves market is segmented into aerospace, disk drives, flat panels, food, hospitals, medical devices, pharmaceuticals, semiconductors and other industries.
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COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
The reusable industrial gloves are further classified based on the application, protection type and glove type. Based on application, the reusable industrial gloves market is segmented into machinery, oil & gas, metal fabrication, automotive, chemical, construction, plane manufacturing, food processing, office building cleaners, healthcare and others. Based on protection type, the reusable industrial gloves market is segmented into general purpose/ mechanical protection, chemical/ liquid protection and product protection. Based on glove type, the reusable industrial gloves market is segmented into dipped gloves, knitted gloves, supported knitted gloves and others. The report covers a geographic breakdown and a detailed analysis of each of the aforesaid segments across North America, Europe, Asia Pacific and LAMEA regions.
KEY MARKET BENEFITS:
The report provides a comprehensive analysis of the current market estimations through 2014-2020 in terms of value as well as volume, which would enable the stakeholders to capitalize on prevailing market opportunities
Extensive analysis of the world industrial gloves market by usability helps in understanding the disposable and reusable industrial gloves distinctly that are currently used along with the variants that would gain prominence in future
Competitive intelligence highlights the business practices followed by leading market players across various geographies
Comprehensive analysis of factors that drive and restrict the growth of the world industrial gloves market is provided
The world industrial gloves market scenario is comprehensively analyzed in accordance to the key regions.
The key companies profiled in this report are Honeywell International Inc., SHOWA, Inc., Ansell Healthcare, Superior Glove, Shamrock Manufacturing Company Inc., Towa Corporation, Hartalega Holdings Berhad, Rubberex, Top Glove Corporation Berhad and Semperit AG Holding.
KEY MARKET SEGMENTS:
World industrial gloves market is segmented based on its usability and geography.
MARKET BY USABILITY
Disposable Gloves
Market by Material
Natural Rubber Gloves
Nitrile Gloves
Vinyl Gloves
Neoprene Gloves
Polyethylene Gloves
Others
Market by End User
Aerospace
Disk Drives
Flat Panels
Food
Hospitals
Medical Devices
Pharmaceuticals
Semiconductors
Other industries
Reusable Gloves
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Market by Application
Machinery
Oil & Gas
Metal Fabrication
Automotive
Chemical
Construction
Plane Manufacturing
Food Processing
Office Building Cleaners
Healthcare
Others
Market by Protection Type
General purpose/ Mechanical protection
Chemical/ Liquid Protection
Product Protection
Market by Glove Type
Dipped Gloves
Knitted Gloves
Supported Knitted Gloves
Others
MARKET BY GEOGRAPHY
North America
Europe
Asia-Pacific
LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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