Industrial Gloves Market Worth 14.31 Billion USD By 2023 | CAGR 12.77% Globally

Industrial Gloves Market

Industrial Gloves Market By Product Type Re-Usable Gloves and Disposable Glove , Application Pharmaceuticals, Food, Healthcare, Chemicals, Manufacturing, Others , Material Type Polyethylene, Neoprene, Rubber, Vinyl, Nitrile, Others Forecast 2014 to 2023

Industry Outlook and Trend Analysis

The Industrial Gloves Market was worth USD 4.85 billion in 2014 and is expected to reach approximately USD 14.31 billion by 2023, while registering itself at a compound annual growth rate CAGR of 12.77% during the forecast period. Industrial gloves are utilized to ensure the wellbeing of workers and clean conditions in the workplace. Industrial gloves are an indispensable thing, especially in the concoction, food and medicinal industry. Industrial gloves give protection against heat, icy, harm by chemicals, erosion, scraped area and illnesses. Industrial gloves can be created from regular materials or manufactured materials. The gloves are selected by occupation condition, the span of the work, and the kind of conditions or contaminants associated with the business.

Drivers and Restraints

Customer awareness for cleanliness and health and workplace mishaps are the main considerations fuelling the interest for mechanical gloves over the globe. Expendable gloves are the favoured kind of gloves among the workers in the end use, for example, pharmaceutical, food and chemicals among others. The requirement for dispensable gloves is majorly driven by its minimal effort compared with re-usable gloves. Repeating purchase of dispensable gloves is another key factor driving the interest for this fragment. Nonetheless, re-usable gloves discover their application in many end use sectors such development, assembling, and oil and gas among others.

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Market Segmentation

The Industrial Gloves Market is segmented on the basis of Product Type, Application Type and Material Type. Based on product type the market is segmented into Re-Usable Gloves and Disposable Glove out of which the re-usable gloves are the dominant section owing to their cost saving benefits. Based on application type the market is segmented into Pharmaceuticals, Food, Healthcare, Chemicals, Manufacturing and Others. The Food and Healthcare segment are foreseen to grow tremendously owing to hygiene standards. Based on material type the market is segmented into Rubber, Polyethylene, Vinyl, Nitrile, Neoprene and Others.

Regional Outlook and Trend Analysis

North America and Europe are presently the main users of an assortment of industrial gloves. Comprehensively, these two regions represented more than 60% share in the worldwide mechanical gloves market’s incomes in 2017. Sustainable development in the chemical and pharmaceutical businesses, increasing concerns and strict administrative regulations in regards to specialist well being lead to the high usage of an assortment of modern gloves over these districts.

Competitive Insights

The major players in the market are Ansell, SHOWA Group, Honeywell Safety Products, Semperit, 3M, Mine Safety Appliances, E. I. du Pont de Nemours and Company and TOWA Corporation. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Industrial Gloves Market is region-wise segmented as follows-

By Region

North America

U.S.
Canada
Mexico

Europe

Germany
UK
France
Russia
Italy
Rest of Europe

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Asia-Pacific

China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific

South America

Brazil
Argentina
Columbia
South Africa
Rest of South America

Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA

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Some of the key questions answered by the report are:

What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Customization of this Report can be done as per client’s requirement.

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