Industrial Gloves Market to Witness Robust Growth Due to Stringent Regulations towards Employees’ Safety

Industrial Gloves Market

Global Industrial Gloves Market, By Type (Re-usable Gloves, Disposable Gloves), Material (Nitrile, Rubber/Latex, Vinyl, Neoprene, Polyethylene), End Use Industries (Pharmaceuticals, Food, Healthcare, Chemicals, Manufacturing, Construction, Oil and Gas, Transportation), and Geography (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2030

The global Industrial Gloves Market is estimated to be valued at US$ XXX million in XXX and is expected to exhibit a CAGR of XXX% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Industrial gloves are personal protective equipment (PPE) worn during work projects that cover and protect the hands from the wrist to the fingers. They are used to assure the safety of employees and maintain safe working conditions at the work place. They are resistant to chemical reactions, abrasion and corrosion, and can withstand low and high temperature conditions. Industrial gloves work as a barrier ensuring the safety of the workers across variety of sectors, and are manufactured depending on the needs of various industries.

Competitive Landscape:

Major players operating in the global Industrial Gloves Market are Honeywell Safety Products, Top Gloves, 3M Corporation, Showa Group, Ansell, Corolina Glove & Safety Company, Longcane Industries, Southern Gloves Inc., Superior Gloves, UVEX Safety Group, Marvel Glove Industries, Shangdong Yuyuan Latex Gloves, and Kanam Latex Industries Pvt. Ltd., among others.

Key Market Drivers:

Stringent regulations towards employees’ safety around the world is expected to boost the growth of the global industrial gloves for market over the forecast period. For instance, industrial gloves are used in various heavy-duty industries, such as construction, automotive, chemicals, oil & gas, and waste management, among others.

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Employers in various industries around the world are focusing on increasing employee safety by providing better safety equipment such as industrial gloves. As per the U.S. Food and Drug Administration (FDA), medical gloves, such as examination gloves, are used to protect both healthcare workers and patients from a wide range of diseases.

Moreover, increasing demand or adoption of industrial gloves across the globe is expected to drive growth of the Industrial Gloves Market. For instance, in January 2022, Kimberly-Clark Professional launched Kimtech Opal Nitrile Gloves. The newly launched industrial gloves were for increased comfort during prolonged wear and strong tactile sensitivity. The powder-free gloves were made without vulcanization accelerators, added sulfur, or natural rubber latex and protect the application by lowering the risk of Type I and Type IV glove-associated skin responses.

COVID-19 Impact Analysis:

Outbreak of COVID-19 has had a dual impact on the Industrial Gloves Market. While the demand for medical gloves increased during the pandemic, the demand for safety gloves in manufacturing facilities witnessed a tremendous decline. Medical gloves were or are used by health care personnel to prevent the spread of micro-organisms that may potentially cause infection or illness. COVID-19 has given an opportunity to the glove industry to ramp up capacity and produce more pieces, even as many other industries are still reeling under the impact of the pandemic.

Key Takeaways:

· The industrial gloves for market is expected to exhibit a CAGR of XX % during the forecast period due to the rise in focus on the development of novel products by market players. For instance, in October 2021, Ansell Limited invested US$ 80 million over the next three years to build a new manufacturing facility in Tamil Nadu, India. The facility is planned to have the capability to produce a wide range of products, with an initial focus on surgical and life science gloves for the domestic and export markets.

· Among regions, North America and Asia Pacific are expected to witness robust growth in the Industrial Gloves Market owing to the occupational safety regulations, rapid industrialization, increase in awareness about employees’ safety, increase in adoption of industrial gloves, and introduction of novel products in these regions.

· For instance, With the Occupational Safety and Health Act 1970, the U.S. government created Occupational Safety and Health Administration (OSHA) to ensure safe and healthful working conditions for workers by setting and enforcing standards and by providing training, outreach, education and assistance.

OSHA's mission is to ensure that employees work in safe and healthy environment. Employers must comply with the General Duty Clause of the OSH Act, which requires employers to keep their workplace free of serious recognized hazards.