August 14, 2020
According to the research report titled ‘Global Industrial Hand Gloves Market Size study, by Material (Natural Rubber, Leather Gloves, Polyethylene Gloves, Neoprene Gloves, Others), by Product (Reusable Gloves, Disposable Gloves), by Application (Healthcare, Chemical, Automotive, Construction, Food & Beverage, Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global industrial hand gloves market was worth USD 6.2 billion in 2019 and is expected to expand with a CAGR of 7.3% during 2020-2027.
Increasing usage of industrial hand gloves across various verticals is the key factor driving the growth of global industrial hand gloves market.
For those unfamiliar, industrial hand gloves are worn to protect the skin from high temperature, sharp metals, hazardous chemical, and heat sources. These gloves are mainly designed to offer comfort to workers for better competence and work efficiency. They are used across various applications in healthcare institutions, manufacturing & assembling plants, chemical, and others.
For instance in pharmaceutical industry, workers use these gloves to avoid cross-contamination, whereas in food sector, it is used to maintain hygienic environment while dealing with food.
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Additionally, the outbreak of COVID-19 pandemic is positively impacting worldwide industrial hand gloves market since there has been an upsurge in the demand for such gloves. Government has made the usage of hygienic products and disinfectant mandatory in order to control the spread of the virus. Strict federal norms regarding workplace safety and surging demand for high performance and comfortable gloves are likely to influence the market size over the forecast timespan.
Citing the regional landscape, North America presently holds a significant market share and is predicted to expand consistently during the forecast period. The growth is credited to high concentration of major market players and flourishing healthcare as well as food industry.
Meanwhile, Europe industrial hand gloves market is slated to grow substantially over the analysis period, owing to establishment of new reforms including safety of workers and growing automotive sector.
Major players in global industrial hand gloves market are Kossan Rubber Industries Bhd, Honeywell International Inc., Ansell Ltd., Semperit AG Holding, Rubberex Corp., 3M Co., Globus Group, Shamrock Manufacturing Co. Inc., Top Glove Corporation Bhd, and TOWA Corporation.