Market Research Future (MRFR) has published on the “Global Protective Gloves Market”.
The Protective Gloves market is estimated to register a CAGR of 6.70% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Protective Gloves market— Huihong (NANTONG) Safety Products Co., Ltd (China), Ansell Ltd. (Australia), Hartalega Holdings Berhad (Malaysia), Top Glove Corporation Bhd (Malaysia), 3M (U.S.), Superior Gloves (U.S.), Kossan Rubber Industries Bhd (Malaysia), Kimberly-Clark Corporation (U.S.), DIPPED PRODUCTS PLC (Sri Lanka), Globus (Shetland) Ltd. (U.K.), Uvex Group (Germany), PIP Global (U.S.), Honeywell International Inc. (U.S.), Showa Glove Co. (U.S.), Towa Corporation (Japan), Supermax Corporation Berhad (Malaysia) ATG- Intelligent Glove Solutions (Sri Lanka), Lalan Group (Pvt) Ltd (Sri Lanka), Jiangsu Hanvo Safety Product Co., Ltd. (China), QS Safety (China) and others
The global protective gloves market is accounted to register a CAGR of 6.70% during the forecast period and is estimated to reach USD 33.1 Billion by 2032.
The protective gloves market is driven by the growing emphasis on worker safety across various industries. Stringent safety regulations and the increasing awareness about the hazards associated with workplace injuries drive the demand for protective gloves. Additionally, the expansion of industries such as healthcare, manufacturing, and construction, coupled with the rising awareness about personal protective equipment (PPE), contributes to the market growth.
The global Protective gloves market has been segmented based material,type, application and end-use.
On the basis of material, the market is segmented into latex, nitrile, neoprene, leather, vinyl and others. The latex segment dominated the market in 2022 because they are employed in the healthcare, food and beverage, and other end-user industries.
Based on type, the global protective gloves market has been segmented into re-usable and disposable. The disposable category generated the most income in 2022. Disposable protective gloves are regarded as more comfortable, slick, conveniently available, and less expensive than reusable ones.
Based on application, the global protective gloves market has been segmented into chemical, mechanical, biological, thermal and others. The biological segment dominated the market in 2022. They protect against viruses, bacteria, and other medical waste.
Based on end-use, the global protective gloves market has been segmented into healthcare, manufacturing, food & beverage, oil & gas, construction, transportation and others. The healthcare segment dominated the market in 2022. The need for protective gloves is increasing as a result of improving medical standards.
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The global protective gloves market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Protective Gloves market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Protective Gloves market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Protective Gloves market comprises of Middle East, Africa, and Latin America.
The North America protective gloves market dominated this market in 2022 (45.80%) because many public and private organizations have made substantial financial investments to maintain workplace personal protection equipment (PPE) standards.
Moreover, the second-largest market share belongs to the protective gloves market in Europe. Regulations pertaining to occupational health and safety are highly regarded in European countries. Employers in the region place a high value on employee welfare and spend heavily in safety programs to reduce workplace accidents and injuries. Protective gloves are crucial to these programs and aid in broadening their appeal and uptake.
Additionally, from 2023 to 2032, the protective gloves market in Asia-Pacific is anticipated to see the quickest CAGR growth. This can be attributed to an increase in construction activities as well as the expansion of the transportation and oil and gas sectors, notably in developing countries like China and India.
Furthermore, the rest of the world's protective gloves market is divided into the Middle East, Africa, and Latin America. The region's numerous industrial sectors are what drive the protective gloves industry in Latin America. Gloves that safeguard workers are necessary because to the expansion of sectors like manufacturing, construction, healthcare, and oil and gas. The market is expanding in Latin America as a result of strict safety requirements, growing awareness of workplace dangers, and greater attention to employee wellbeing.
Key Findings of the Study