Press release
Industrial Hand Gloves Market is Estimated to Exhibit 7.00% CAGR by 2032
Industrial Hand Gloves Market
Market Research Future (MRFR) has published a cooked research report on the "Industrial Hand Gloves Market" that contains information from 2023 to 2032. The Industrial Hand Gloves Market is estimated to register a CAGR of 7.00% during the forecast period of 2023 to 2032 and projected to grow at USD 16.4 Billion by 2032.
The industrial hand gloves market is a vital segment within the Personal Protective Equipment (PPE) industry, serving a wide range of sectors to protect workers' hands from various occupational hazards. Industrial hand gloves are essential for ensuring the safety and well-being of employees working in hazardous environments, such as manufacturing, construction, chemical handling, healthcare, and other industrial settings.
These factors have helped shape the industrial hand gloves market and are expected to boost the growth. Companies in the industrial hand gloves market could also face challenges such as the rise of automation technology and increasing use of robots and professional machines. The details covered in the industrial hand gloves market report cover all the aspects of the industry. Analysts studying the industrial hand gloves market have also shared growth projections in the report and have suggested industrial hand gloves market players to plan business strategies accordingly.
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Key Players
The industry giants in the global industrial hand gloves market are
Towa Corporation (Japan)
Semperit AG Holding (Austria)
Top Glove Corporation Bhd (Malaysia)
Shamrock Manufacturing Company, Inc. (the US)
Globus (Shetland) Ltd (UK)
Ansell Ltd (Australia)
Honeywell International Inc. (US)
3M (US)
Kossan Rubber Industries Bhd (Malaysia)
Market Segmentation
The global market for industrial hand gloves has been segmented into material, product, and application.
Based on material, the global industrial hand gloves market has been segmented into natural rubber, leather gloves, metal mesh gloves, polyethylene gloves, nitrile gloves, neoprene gloves, and others.
Based on the product, the global industrial hand gloves market has been segmented into reusable gloves and disposable gloves. Among these products, disposable gloves accounted for the largest market share, followed by reusable gloves.
By application, the global industrial hand gloves market has been divided into the healthcare industry, chemical industry, construction industry, automotive industry, food & beverage industry, and others.
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Market Drivers:
Technological Advancements: Advancements in material science and manufacturing processes have led to the development of gloves that offer improved protection, comfort, and durability. Technologically advanced gloves with enhanced features are in high demand.
Occupational Health and Safety Concerns: Increasing awareness of workplace safety and the desire to protect workers from injuries, chemical exposure, and other hazards are driving the adoption of industrial hand gloves across a wide range of industries.
Industrialization and Manufacturing: The growth of manufacturing and industrial sectors, especially in emerging economies, has significantly increased the demand for industrial hand gloves. Workers in industries such as automotive, construction, chemicals, and electronics rely on gloves to protect their hands from hazards.
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Regional Analysis
China and India, two major economies in the Asia-Pacific region, continue to experience growth and development. This economic expansion fuels the demand for industrial hand gloves as more workers are employed in various industries.
Asia-Pacific countries are among the top exporters of industrial hand gloves globally. This export activity further solidifies the region's status as a significant player in the global market. The Indian Industrial Hand Gloves market being the fastest growing in the Asia-Pacific region highlights the potential and increasing demand for these products in India. As the Indian economy expands, so does the need for hand protection. Asia-Pacific region's dominance in the industrial hand gloves market is driven by a combination of factors, including government support for safety, industrial growth, cost-effectiveness, and the presence of large and growing economies.
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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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