Industrial Hand Gloves Market Research Report - Global Forecast till 2027

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 2027

ID: MRFR/IA - E/1539-CR | July 2019 | Region: Global | 117 pages

Please note that assessment period of report has been updated from 2018-2025 to 2020-2027. Cordially fill sample form for updated data.

Overview


Industrial hand gloves are protective wear in various industries such as chemicals, oil & gas, food & beverage, and automotive, among others. Industrial hand gloves are used under workers safety and health standards across end-use industries to prevent hazardous chemical, metal cuts, glass cuts, and high-temperature sources. Industrial hand gloves primarily use in manufacturing plants, assembling plants, chemical plants, and medical institutions, among others where they protect from heat, corrosive substances, and sharp objects.


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.


The global market for industrial hand gloves is growing rapidly due to strict government regulations for workforce safety and an increase in the incidence of accidents in workplaces. However, the growth of the market may be hindered by the increase in automation across industries. There are strict government regulations in the US and the European Union (EU) regarding workplace safety. In the US, Environmental Protection Agency (EPA), Occupational Safety and Health Administration (OSHA), American National Standard for Hand Protection (ANSHP), and the Department of Labor actively look into the safety precautions in the industries for workers. Moreover, in Europe, European Union Cooperation on Workplace Safety & Health, and European Union Occupational Safety and Health Administration (EU OSHA) look after the implementation of the required norms for the safety features and workers safety equipment at work sites. The presence of internationally recognized organizations in developed countries is expected to influence the developing countries to follow the industrial safety standards. Thus, standards/norms established by the OSHA, ANSHP, and EU standards will encourage industrialists to take protective measures to ensure workers safety at worksites. Moreover, shifting the focus of industries on the prevention of accidents owing to strict norms and regulations from the international and domestic organization will enhance the adoption of industrial gloves and drive the global industrial hand gloves market during the forecast period. Thus, the impact of strict government regulations for workforce safety is expected to shift from moderate to high over the forecast period.


However, the increase in automation, across industries is expected to affect employment, which further restrains the demand and sales for industrial hand gloves for workforce safety during the forecast period. Thus, the impact of the reduction in employment due to automation opportunities is expected to shift from low to moderate over the forecast period.


The global industrial hand gloves market is expected to witness significant growth during the forecast period. In 2018, the global industrial hand gloves market was led by North America, followed by Europe and Asia-pacific. North America dominates the global industrial hand gloves market. Already existing infrastructure and major players situated in this region provide North America with ample opportunities for significant growth in the forecast period. The flourishing healthcare industry in this region has enabled the industrial hand gloves market to generate significant revenue from this region. Steadily growing automotive sector along with the chemical industry provides huge scope for the growth of the industrial hand gloves market. Moreover, the US dominates the industrial hand gloves market mainly due to the large workforce and established industries in the country.


The European region has witnessed rapid growth in recent times and held for the second largest market of industrial hand gloves market. The booming automotive industry has been one of the prime contributing factors for the growth of the industrial hand gloves market in the region. Germany has dominated this region in terms of both value and volume. With new reforms regarding the safety of workers and their security, the industrial hand gloves market has ample opportunity in this region for further growth and development.


Segmentation


The global industrial hand gloves market has been segmented based on material, product, application, and region.


The global industrial hand gloves market by the material has been segmented into natural rubber, leather gloves, polyethylene gloves, nitrile gloves, neoprene gloves, metal mesh gloves, and others. Among these types, in 2018, the global market was led by natural rubber segment and is projected to lead throughout the forecast period. Natural rubber is majorly used in the food & beverage industry and off late, have found rapid integration in the chemical industry as well. The flourishing food & beverage industry has been one of the major factors driving this market. Additionally, the increase in the household application has also boosted sales in the industrial hand gloves market. With application across several industries, the natural rubber gloves are expected to continue domination in the industrial hand gloves market


On the basis of product, the market has been segmented into reusable gloves and disposable gloves. Among these products, disposable gloves have accounted for the largest market share, followed by reusable gloves. Disposable gloves are majorly utilized in the healthcare industry. Wide application across various industries such as automotive, chemical, food, and beverage among others have resulted in the disposable gloves segment acquiring a major market share in recent times. With the chemical, automotive, and food and beverage industry currently flourishing the disposable gloves segment is expected to continue its domination in the industrial hand gloves market.


Based on application, the global industrial hand gloves market has been segmented into the healthcare industry, chemical industry, automotive industry, food & beverage industry, construction industry, and others. In 2018, the healthcare industry segment dominated the market and projected to be dominant throughout the forecast period. Disposable, nitrile, latex, natural rubber is extensively utilized by the healthcare industry. With the medical gloves playing a crucial role in protecting patients and the healthcare providers, the demand for industrial hand gloves from the healthcare industry is expected to rise in the forecast period continuously.


Key Competitors


The key players of the global industrial hand gloves market are Towa Corporation (Japan), Top Glove Corporation Bhd (Malaysia), Shamrock Manufacturing Company, Inc. (the US), Globus (Shetland) Ltd (UK), Rubberex (Malaysia), Semperit AG Holding (Austria), Ansell Ltd (Australia), Honeywell International Inc. (US), 3M (US), and Kossan Rubber Industries Bhd (Malaysia).


Regional Analysis


On the basis of region, the global industrial hand gloves market is segmented into North America, Europe, Asia-Pacific (APAC), and the rest of the world (RoW).


Global Industrial Hand Gloves Market, by Region, 2018  Industrial Hand Gloves Market_Image


Source: MRFR Analysis


Asia-Pacific is expected to witness significant growth in the global industrial hand gloves market. Increase in investments due to government initiatives for worker safety and security and rapid industrialization, across chemicals, food, automobiles, and the electronics sector is expected to be the major factor increasing the demand for industrial hand gloves in this region. Moreover, the international companies are consistently importing cost-effective raw materials and industrial hand gloves from this region. Asia-Pacific is one of the significant markets for global industrial hand gloves owing to the presence of emerging economies, such as India and China, which is expected to increase the demand during the forecast period. Considering the exports of industrial hand gloves in the global market, Asia-Pacific countries are leading


The rest of the world comprises South America and the Middle East & Africa. The rest of the world is witnessing the wide use of industrial hand gloves in the mining, oil & gas, construction, and chemical industries. It is expected that the construction and oil & gas industries are expected to grow in the regions, which will maintain the need for industrial hand gloves for the worker's safety during the forecast period.


Synopsis


The global industrial hand gloves market has been segmented based on material, product, application, and region. On the basis of material, the market has been segmented into halogen, xenon, and LED. In the material segment, the natural rubber segment is projected to be dominant throughout the forecast period, whereas the leather segment has registered as the fastest growing technology. On the basis of product, in 2018, the disposable gloves segment was dominated by the global market followed by reusable gloves. On the basis of application, the healthcare industry segment is projected to be dominant throughout the forecast period. On the basis of region, North America has accounted for the largest market for industrial hand gloves market followed by Europe and Asia-Pacific.


Market Segmentation



  • By Material: Natural rubber, leather gloves, polyethylene gloves, nitrile gloves, neoprene gloves, metal mesh gloves, and others

  • By Product: Reusable gloves and disposable gloves

  • By Application: Healthcare industry, chemical industry, automotive industry, food & beverage industry, construction industry, and others


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?



Frequently Asked Questions (FAQ) :


In 2020, the healthcare industry segment dominated the market and projected to be dominant throughout the forecast period. Disposable, nitrile, latex, natural rubber is extensively utilized by the healthcare industry.

Product-wise, the primary segments are reusable gloves and disposable gloves.

The European region has witnessed rapid growth in recent times and held for the second largest market of industrial hand gloves market. The expanding automotive industry has been one of the chief factors inducing market growth in the region. Surge in the number of reforms with regard to the safety of workers, the industrial hand gloves market can benefit signficantly over the forthcoming years.

The global market for industrial hand gloves is growing rapidly due to strict government regulations for workforce safety and an increase in the incidence of accidents in workplaces. Moreover, shifting focus of industries on the prevention of accidents owing to strict norms and regulations from the international and domestic organization will enhance the adoption of industrial gloves and drive the global industrial hand gloves market during the forecast period.

North America bags the top position in the global market for industrial hand gloves, thanks to the well-established infrastructure along with the presence of prominent companies. Thriving healthcare sector in the region has also helped the industrial hand gloves market generate considerable revenue in recent years.