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Industrial Gloves Market By Material Type (Natural Rubber & Nitrile), Product Type (Disposable Gloves, Reusable Gloves), End-User (Pharmaceuticals, Food & Beverages), & Region for 2024-2031


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Industrial Gloves Market By Material Type (Natural Rubber & Nitrile), Product Type (Disposable Gloves, Reusable Gloves), End-User (Pharmaceuticals, Food & Beverages), & Region for 2024-2031

Industrial Gloves Market Valuation – 2024-2031

The industrial gloves market has grown rapidly in recent years, and estimates show a continued and significant expansion from 2023 to 2031. The good momentum in market dynamics, together with the predicted long-term expansion, points to strong growth rates over the forecast period. In short, the market is poised for significant growth. The market size surpass USD 9.38 Billion valued in 2024 to reach a valuation of around USD 18.94 Billion by 2031.

However, the rising demand for more comfortable gloves without sacrificing safety, as well as increased competition from lower-cost goods, are significant concerns that may limit market revenue development. Furthermore, the development of new technologies that enable the production of gloves that are both more effective and comfortable to wear is another issue that may limit market revenue growth. The rising demand for cost-effective and efficient industrial gloves is enabling the market grow at a CAGR of 9.18% from 2024 to 2031.

Industrial Gloves MarketDefinition/ Overview

Industrial gloves are garments worn on the hands to protect workers from numerous occupational risks in industrial environments. These gloves are intended to protect against chemical, mechanical, thermal, and biological hazards encountered in workplaces such as manufacturing plants, labs, construction sites, and healthcare institutions. They are available in a variety of materials, including latex, nitrile, neoprene, PVC, and leather, with each providing unique benefits for specific applications and situations.

These gloves are critical for avoiding injuries such as cuts, burns, chemical exposure, and contamination. They not only safeguard workers, but also contribute to product quality and safety requirements. Latex gloves, for example, are widely used because to their flexibility and tactile sensitivity, whereas nitrile gloves are highly resistant to chemicals and punctures.

Proper industrial glove selection and application are critical for providing optimal protection and reducing risk to employees in a variety of work situations. Regular training in glove selection, usage, and maintenance is required to improve workplace safety and successfully limit risks.

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How the Industrial Gloves Market is Developing in North America?

North America is a developed region with numerous end-user industries. The municipal government establishes severe laws for worker and laborer safety. If any irregularities are uncovered, the employer will face harsh fines, damaging the company’s reputation with consumers and in the marketplace. Global demand for industrial gloves is expected to increase as a result of tight rules enforced by both developed and emerging countries.

Rising need for improved comfort and performance. North America have substantial developed economies. Because of the widespread presence of all service and manufacturing industries in these regions, as well as tight government rules on worker safety, the market for industrial gloves is expected to expand. Consumers in North America are particularly concerned about the application of safety rules. They firmly adhere to them in all working environments across all end-user sectors. Each business in these locations has a specialized quality department that inspects the industrial gloves that are ordered for usage in operations. Similarly, workers expect improved performance and comfort by wearing gloves during all work-related activities. These gloves have a solid grip, a long working life, and are cut-resistant.

How will Industrial Gloves Impact the Market Growth for Established Manufacturers?

The industrial gloves business is highly competitive, with local manufacturers competing for market share against top producers. This competition is primarily driven by the broad use of gloves made by regional manufacturers in a variety of application industries. As a result, consumers are provided with a profusion of inexpensive glove options that are readily available in local marketplaces.

Despite having lower safety criteria than known manufacturers, these locally made gloves appeal to purchasers because they are more accessible and affordable. The widespread availability of low-cost glove products is projected to limit the growth of the industrial gloves market in the foreseeable future. As customer’s value convenience and cost, the desire for lower-cost alternatives may reduce the growth prospects for industrial gloves, influencing market dynamics and providing challenges for producers looking to preserve or enhance their market share.

Category-Wise Acumens

Why are Natural Rubber Gloves Dominant Revenue Driver in the Industrial Gloves Market?

The natural rubber category is a leading revenue contributor in the worldwide industrial gloves market. This substantial market share is primarily due to the growing demand for natural rubber gloves across a variety of sectors. This rise in demand is being driven mostly by the food processing and pharmaceutical sectors. These sectors rely on natural rubber gloves to maintain high hygiene standards and reduce the risk of contamination during numerous processes. Natural rubber’s inherent features, such as flexibility, durability, and chemical resistance, make it an excellent choice for applications that require a high level of protection and cleanliness.

As a result, the demand for natural rubber gloves continues to rise, fueled by their critical role in ensuring safety and hygiene regulations across a wide range of industries. This continual demand for natural rubber gloves emphasizes their critical role in the industrial gloves market, showing their widespread adoption and continued popularity among end users seeking dependable and effective hand protection solutions.

Will Use of Industrial Gloves Rise in Pharmaceutical and Food & Beverage Sectors?

In the pharmaceutical industry, strict hygiene standards and contamination control are critical, resulting in high demand for industrial gloves composed of materials such as natural rubber or nitrile. Thus, the pharmaceutical segment is dominating the market. With continuing global growth in the pharmaceutical business and rise in healthcare spending and advances in medical research, the need for industrial gloves is predicted to progressively increase.

In contrast, the food & beverage sector is one of the common users of industrial gloves, underlining the crucial need to maintain hygiene standards across food processing and handling processes. Gloves are widely used by workers in food preparation, packing, and service and serve an important role in preventing contamination and guaranteeing food safety. This area includes both established manufacturers and local suppliers who cater to the different demands of food processing plants, restaurants, and catering services.

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Country/Region-wise Acumens

How North America is Increasing Demand for Superior Performance and Comfort to Propel the Industrial Gloves Market?

The market for industrial gloves in North America is expected to increase because of the widespread presence of manufacturing and service industries, as well as strict government safety regulations.

Rising demand for greater performance and comfort is projected to have a significant impact on this region. North American consumers prioritize safety standards and adhere to them across all industries.

Every company has a quality department that ensures industrial gloves meet standards for real-time operations. Furthermore, workers ensure that they wear safety industrial gloves during all work-related activities and demand improved performance and comfort.

These gloves are cut resistant, long-lasting, and provide a firm grip. These attributes are driving up demand for industrial safety gloves in the North America market.

How is the Market Expected to Play in Asia Pacific?

The industrial glove market in China, the world’s largest manufacturing hub, is expected to grow rapidly. Demand for industrial gloves is increasing in a variety of industries, including construction, manufacturing, and healthcare, as China places a greater emphasis on worker safety and health. The government’s actions to promote worker safety bolster the market’s growth trajectory, reflecting a determined effort to improve workplace safety standards across the country.

As China’s industrial operations continue to expand, the demand for protective equipment such as industrial gloves grows, establishing the country as a significant growth driver in the global industrial glove market.

Meanwhile, India is expected to become a major contributor to Asia Pacific’s industrial glove industry. With the country’s manufacturing sector rapidly expanding, the government is putting a heavy emphasis on implementing effective worker safety measures, increasing demand for safety gloves.

In addition, India’s booming e-commerce sector has made industrial gloves more accessible to consumers, resulting in a significant increase in sales. This combination of factors highlights India’s critical role in driving the growth of the industrial glove market in the Asia Pacific region, as the country prioritizes both worker safety and industrial development.

Competitive Landscape

The industrial gloves market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the industrial gloves market include

  • Ansell Ltd. (Australia)
  • Honeywell International, Inc. (USA)
  • Kimberly-Clark Corporation (USA)
  • MCR Safety Innovation LLC (USA)
  • Superior Glove Works Ltd. (Canada)
  • Top Glove Corporation Bhd (Malaysia)
  • Hartalega Holdings Bhd (Malaysia)
  • Uvex Group (Germany)
  • Lakeland Industries, Inc. (USA)
  • Ergodyne Corporation (USA)
  • 3M Company
  • Carolina Glove & Safety Company
  • Delta Plus Group
  • Gloves Buyer, Inc.
  • Mechanix Wear, Inc.
  • W. Grainger, Inc.

Latest Developments

  • In March 2023, Ansell Limited began packing and irradiation activities at its new Kovai manufacturing facility in India. The company also invested $80 million in their large Greenfield Manufacturing Plant in India. The expansion enabled the company to broaden its product offering and focus on building a growth strategy to strengthen its footprint in the region.
  • In February 2023, 3M introduces skin adhering glue, allowing wearable monitors to last up to four weeks.
  • In February 2023, An ExxonMobil facility, which is installing the world’s largest low-carbon hydrogen production, will use Honeywell technology to capture and store carbon dioxide.
  • In September 2022, J. J. Keller & Associates introduced an industrial glove line with all ANSI cut levels. The SAFEGEAR Industrial Gloves range was expanded to incorporate all of the new ANSI cut levels, from AT to AZ. The new nitrile-coated items include AS gloves with 25% steel fiber, Ag gloves with 40% steel fiber, and A9 with 30% tungsten wire. The new product line increased the company’s complementary product offering and geographic reach.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

Growth Rate

CAGR of ~9.18% from 2024 to 2031

Base Year for Valuation

2024

HISTORICAL PERIOD

2021-2023

FORECAST PERIOD

2024-2031

Quantitative Units

Value in USD Billion

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • Material Type
  • Product Type
  • End-User
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Players

Ansell Ltd. (Australia), Honeywell International, Inc. (USA), Kimberly-Clark Corporation (USA), MCR Safety Innovation LLC (USA), Superior Glove Works Ltd. (Canada), Top Glove Corporation Bhd (Malaysia), Hartalega Holdings Bhd (Malaysia), Uvex Group (Germany), Lakeland Industries, Inc. (USA), Ergodyne Corporation (USA), 3M Company, Carolina Glove & Safety Company, Delta Plus Group, Gloves Buyer, Inc., Mechanix Wear, Inc, W. W. Grainger, Inc.

Customization

Report customization along with purchase available upon request

Industrial Gloves Market, By Category

Material Type

  • Natural Rubber
  • Nitrile
  • Vinyl
  • Neoprene
  • Polyethylene

Product Type

  • Disposable Gloves
  • Reusable Gloves

End-User

  • Pharmaceuticals
  • Automotive & Transportation
  • Food & Beverages
  • Oil and Gas
  • Mining
  • Chemicals

Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

Pivotal Questions Answered in the Study

The industrial gloves market is estimated to grow at a CAGR of 9.18% during the forecast period.
The industrial gloves market was valued at around USD 9.38 Billion in 2024.
The industrial gloves market was valued at around USD 18.94 Billion in 2031.
The industrial gloves market is segmented on the basis of material type, product type, end-user, and region.
The sample report for the Industrial Gloves Market can be obtained on demand from the website. Also, the 2

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )