Global Protective Gloves Market -Industry Analysis and Forecast (2018-2026)
Global Protective Gloves Market was valued at US$ 8.69 Bn in 2017 and is expected to reach US$ 14.89 Bn by 2026, at a CAGR of 6.96 % during a forecast period.
Major factors that are augmenting the market of protective gloves are growing usage and implementation of gloves in the emerging economies. A large part of protective gloves is used in organised industry like laboratories, research & manufacturing firms and these industries are emerging at a rapid rate in emerging economies like India and China.
Government regulation is also a main factor in the global protective gloves market as government provides rules and guidelines for the safety of people in industries by mentioning requirement of the protective clothing. Growing automation is one of the main restrain in the global protective gloves market.
A number of robotic operations have been introduced in the healthcare and manufacturing industry where there is a no need of human interaction. It reduces need of protective gloves. Additionally, it added an extra cost to the company hence some companies neglect providing standard protective gloves where there is no strict government regulation. Disposable gloves can be seen as an opportunity during forecasted period as a growth in the request of same can be observed in healthcare and other related industries.
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Based on end-use industry segment, the healthcare industry has a huge request for disposable gloves. The rising medical standards are also estimated to further drive the request for protective gloves in the healthcare industry during the forecast period.
On the basis of application segment, the chemical protective gloves provide protection against alkali, organic & inorganic acids, hydrocarbons, and other harmful chemicals.
Based on type segment, the disposable segment is expected to grow at a higher CAGR as disposable gloves are considered to be more comfortable, softer, and cheaper than re-usable protective gloves.
In terms of region, the global protective gloves market in the Asia Pacific is expected to grow at highest CAGR during forecast period. This growth is mainly attributed to the rise of healthcare and manufacturing industries in Asia Pacific countries, like India, Indonesia, Thailand, and China. Malaysia is a key manufacturer and exporter of rubber gloves. The Asia Pacific region also has a large number of small and national market players providing customized solutions at low cost.
The report offers a complete assessment of the market. It does so via detailed qualitative insights, historical data, and verifiable projections about market size. The estimates featured in the report have been derived using proven research methodologies and expectations. The examination report serves as a source of study and information for every surface of the market, including but not incomplete to regional markets, technology, types, and applications.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Protective Gloves Market dynamics, structure by identifying and analyzing the market segments and project the global market size.
Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in protective gloves market.
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Scope of Global Protective Gloves Market
Global Protective Gloves Market, by Material
• Latex
• Nitrile
• Neoprene
• Leather
• Vinyl
• Others
Global Protective Gloves Market, by Type
• Reusable
• Disposable
Global Protective Gloves Market, by Application
• Chemical
• Mechanical
• Biological
• Thermal
• Others
Global Protective Gloves Market, by End-Use Industry
• Healthcare
• Manufacturing
• Food & Beverage
• Transportation
• Construction
• Oil & Gas
• Others
Global Protective Gloves Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Global Protective Gloves Market
• Ansell Limited
• Top Glove Corporation BHD
• Honeywell International Inc.
• Hartalega Holdings Berhad
• Kossan Rubber Industries BHD
• W.W. Grainger, Inc.
• Supermax Corporation Berhad
• 3M Company
• Kimberly-Clark Corporation
• Protective Industrial Products, Inc.
• Delta Plus Group S.A.
• Ergodyne
• MCR Safety Inc.
• Boss Gloves
• Saf-T-Gard International, Inc.
• Radians, Inc.
• Lakeland Industries, Inc.
• Globus (Shetland) Ltd.
• PAN Taiwan Enterprise Co., Ltd.
• Dynamic Safety Europe B.V.
• Lindstrom Group (Finland)
• Comfort Rubber Gloves Industries Sdn. BHD.
• Cordova Safety Products
• Superior Glove Works Ltd.
• Midas Safety Inc.
MAJOR TOC OF THE REPORT
Chapter One: Protective Gloves Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Protective Gloves Market Competition, by Players
Chapter Four: Global Protective Gloves Market Size by Regions
Chapter Five: North America Protective Gloves Revenue by Countries
Chapter Six: Europe Protective Gloves Revenue by Countries
Chapter Seven: Asia-Pacific Protective Gloves Revenue by Countries
Chapter Eight: South America Protective Gloves Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Protective Gloves by Countries
Chapter Ten: Global Protective Gloves Market Segment by Type
Chapter Eleven: Global Protective Gloves Market Segment by Application
Chapter Twelve: Global Protective Gloves Market Size Forecast (2019-2026)
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