Industrial Gloves Market Share, Opportunities, Industry 2031

Industrial Gloves Market Share, Opportunities, Industry 2031

Segments - Industrial Gloves Market by Materials (Latex, Nitrile, Neoprene, and Leather), Types (Re-usable and Disposable), Applications (Chemical, Mechanical, and Biological), End-users (Healthcare, Manufacturing, Food & Beverage, and Oil & Gas), and Regions (North America, Asia Pacific, Europe, Middle East & Africa, and Latin America) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : Vineet Pandey
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Editor : Rucha Phatak

Upcoming | Report ID :CM-2863 | 4.1 Rating | 73 Reviews | 198 Pages | Format : PDF Excel PPT

Report Description


Industrial Gloves Market Outlook 2031

The global industrial gloves market size was USD 8.70 Billion in 2022 and is anticipated to reach USD 18.74 Billion by 2031 expand at CAGR of 8.9% during the forecast period, between 2023 - 2031. Industrial gloves defend against heat, sharp metals, and potentially dangerous conditions.

They are made to provide comfort without obstructing the wearer's abilities or efficiency. In manufacturing companies, assembly plants, chemical plants, and medical institutions, industrial gloves are utilized to protect personnel from caustic liquids. Chemicals and the oil & gas industries continues to be major contributors due the high danger of flammable chemical incidents in these fields.

Global Industrial Gloves Market Outlook

To avoid worker dangers, manufacturing enterprises in the US and the UK are adhering to stringent regulatory regimes. Accidents result in significant losses in terms of human life, family remuneration, legal troubles, job loss, expenditures, and infrastructure damage. Industry participants are working on managing safety solutions by taking precautionary measures that enhance product demand in the market to decrease these incidents.

  • Improving workplace safety norms and higher demand for enhanced performance and comfort are propelling the market growth. and rising healthcare and food processing sectors.
  • Rising workplace accidents have encouraged companies to embrace personal protective equipment (PPE) such as industrial gloves.
  • Technical breakthroughs and trends in innovative gloves are key drivers of the market growth.
  • The employment of safety equipment, such as gloves, in various workplaces is being pushed by stringent rules and regulations, as well as rising industrialization, are propelling the market development.
  • Increasing number of labor-intensive industries such as construction and healthcare is expected to positively impact the demand for different industrial security equipment, including safety gloves.

Scope of The Industrial Gloves Market Report:

The report on industrial gloves market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Industrial Gloves Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2016 - 2021

Forecast Period

2023–2031

Segmentation

Materials (Latex, Nitrile, Neoprene, and Leather), Types (Re-usable and Disposable), Applications (Chemical, Mechanical, and Biological), End-Users (Healthcare, Manufacturing, Food & Beverage, and Oil & Gas)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

Ansell Limited, Careplus Group Berhad, Globus Group, Hartalega Holdings Bhd, Honeywell International Inc, Kossan Rubber Industries Bhd, Riverstone Holdings Limited, Semperit Ag Holding, Supermax Corporation Berhad, and Top Glove Corporation Bhd

Industrial Gloves Market Segment Insights

Latex segment is projected to hold a significant market share

In the terms of materials, the industrial gloves market can be bifurcated into latex, nitrile, neoprene, and leather. The latex segment is estimated to expand at a significant CAGR during the forecast period due to growing usage of these gloves in the chemical industries as well as at home.

The chemical industry's expansion, as well as the requirement for production of chemicals used in a range of industries, are expected to boost the demand for latex gloves in the projected timeline. Furthermore, an increase in the usage of latex gloves at home is likely to drive latex glove demand in the market.

Industrial Gloves Market Materials

Disposable segment to grow at a rapid pace during the forecast period

On the basis of types, the industrial gloves market can be segregated into re-usable and disposable. The disposable segment is expected to hold a significant share of the market during the forecast period. Disposable gloves are solvent-resistant and odor-free, which have increased their use in the food, hospital, medical device, and pharmaceutical industries.

Manufacturing segment held a substantial market share in 2020

Based on end-users, the industrial gloves market can be fragmented into healthcare, manufacturing, food & beverage, and oil & gas. The manufacturing segment constituted a significant market share in 2020 and is projected to expand at a rapid rate during the forecast period. Rapid industrialization in rising economies such as India and China has resulted in the construction of numerous manufacturing facilities that employ a range of heavy machinery for production and industrial gloves are required for safety.

Chemical segment is projected to hold a major market share

In the terms of applications, the industrial gloves market can be segregated into chemical, mechanical, and biological. The chemical segment is estimated to expand at a CAGR of 7% during the forecast period. Paint and coatings are in high demand as a result of rapid urbanization, which is broadening the range of applications.

The expansion of the chemical sector as a consequence of increased demand for petroleum and petrochemical products is estimated to boost the growth of the industrial safety gloves market. Key features such as ultra-lightweight, breathable materials, appear-less, and cut-resistant lining increases the demand for industrial safety gloves.

Global Industrial Gloves Market Application

North America to dominate the global market

On the basis of regions, the industrial gloves market can be categorized as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America constituted a significant share of the market in 2020 due to mergers and acquisitions conducted by key market players. In North America, sales of industrial safety gloves amounted for more than USD 1.75 billion in 2018.

The favorable norms around health security have resulted in positive acceptance across regional end-use industries. The Occupational Safety and Health (OSH) Act, for example, has created standards in the US. To avert health-related incidents, the US Department of Labor and the National Safety Council aggressively support the use of preventative measures in high-risk industries.

Global Industrial Gloves Market Region

Segments

By Materials

  • Latex
  • Nitrile
  • Neoprene
  • Leather

By Types

  • Re-usable
  • Disposable

By Applications

  • Chemical
  • Mechanical
  • Biological

By End-users

  • Healthcare
  • Manufacturing
  • Food & Beverage
  • Oil & Gas

By Regions

  • North America
  • Asia Pacific
  • Europe
  • Middle East & Africa
  • Latin America

By Key Players

  • Ansell Limited
  • Careplus Group Berhad
  • Globus Group
  • Hartalega Holdings Bhd
  • Honeywell International Inc
  • Kossan Rubber Industries Bhd
  • Riverstone Holdings Limited
  • Semperit Ag Holding
  • Supermax Corporation Berhad
  • Top Glove Corporation Bhd

Competitive Landscape

Key player of the industrial gloves market are Ansell Limited, Careplus Group Berhad, Globus Group, Hartalega Holdings Bhd, Honeywell International Inc, Kossan Rubber Industries Bhd, Riverstone Holdings Limited, Semperit Ag Holding, Supermax Corporation Berhad, and Top Glove Corporation Bhd.

Global Industrial Gloves Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Gloves Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Industrial Gloves Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Industrial Gloves Market - Supply Chain
  4.5. Global Industrial Gloves Market Forecast
     4.5.1. Industrial Gloves Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Industrial Gloves Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Industrial Gloves Market Absolute $ Opportunity
5. Global Industrial Gloves Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Industrial Gloves Market Size and Volume Forecast by Types
     5.3.1. Re-usable
     5.3.2. Disposable
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Industrial Gloves Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Industrial Gloves Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Industrial Gloves Demand Share Forecast, 2019-2026
7. North America Industrial Gloves Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Industrial Gloves Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Industrial Gloves Market Size and Volume Forecast by Types
     7.4.1. Re-usable
     7.4.2. Disposable
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Industrial Gloves Demand Share Forecast, 2019-2026
8. Latin America Industrial Gloves Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Industrial Gloves Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Industrial Gloves Market Size and Volume Forecast by Types
     8.4.1. Re-usable
     8.4.2. Disposable
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Industrial Gloves Demand Share Forecast, 2019-2026
9. Europe Industrial Gloves Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Industrial Gloves Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Industrial Gloves Market Size and Volume Forecast by Types
     9.4.1. Re-usable
     9.4.2. Disposable
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Industrial Gloves Demand Share Forecast, 2019-2026
10. Asia Pacific Industrial Gloves Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Industrial Gloves Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Industrial Gloves Market Size and Volume Forecast by Types
     10.4.1. Re-usable
     10.4.2. Disposable
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Industrial Gloves Demand Share Forecast, 2019-2026
11. Middle East & Africa Industrial Gloves Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Industrial Gloves Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Industrial Gloves Market Size and Volume Forecast by Types
     11.4.1. Re-usable
     11.4.2. Disposable
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Industrial Gloves Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Industrial Gloves Market: Market Share Analysis
  12.2. Industrial Gloves Distributors and Customers
  12.3. Industrial Gloves Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Ansell Limited
     12.4.2. Careplus Group Berhad
     12.4.3. Globus Group
     12.4.4. Hartalega Holdings Bhd
     12.4.5. Honeywell International Inc
     12.4.6. Kossan Rubber Industries Bhd
     12.4.7. Riverstone Holdings Limited

Methodology

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