Get 20% Off Market Intelligence Reports With Code ONLINE20 – Track Global Tariffs, Economic Shifts, and Sector Transformations
What Is the Potential Market Growth Rate of the Industrial Gloves Market?
The industrial gloves market size has grown rapidly in recent years. It will grow from $18.08 billion in 2024 to $20.04 billion in 2025 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to rise in workplace safety regulations, increased occupational hazards, growth of manufacturing and construction sectors, increased demand in healthcare and medical applications, increased demand in chemical industry.
The industrial gloves market size is expected to see rapid growth in the next few years. It will grow to $31.02 billion in 2029 at a compound annual growth rate (CAGR) of 11.5%. The growth in the forecast period can be attributed to increasing pandemic preparedness, increasing demand for sustainability, growth of e-commerce and logistics sectors, rising use of advanced materials, rising regulatory changes. Major trends in the forecast period include touchscreen compatibility, smart gloves, anti-microbial gloves, ergonomic designs, impact-resistant gloves, cut-resistant gloves.
Claim your free report sample now:
What Are the Primary Growth Contributors in the Industrial Gloves Market?
The growing healthcare and food processing industries are expected to propel the growth of the industrial gloves market going forward. Healthcare industries refer to companies that offer clinical services and manufacture drugs and medical equipment, whereas food processing industries refer to companies involved in any method used to transform an agricultural product into a food product and sell it at local grocery stores or to modify one food item into another. Industrial gloves help the healthcare industry prevent the spread of infection or illness, and the food processing industry requires gloves for maintaining hygiene and decontamination in low and high-hazard areas. For instance, according to India Brand Equity Foundation, an Indian government export promotion agency, the Indian healthcare sector is expected to record a three-fold rise, growing at a CAGR of 22% between 2016–2022, and reaching USD 372 billion in 2022. Further, according to InvestIndia, an Indian investment promotion agency, India’s food processing sector is one of the largest in the world and its output is expected to reach $535 bn by 2025-26. Therefore, the growing healthcare and food processing industries are driving the industrial gloves market.
What Are the Major Product/Service Segments in the Industrial Gloves Market?
The industrial gloves market covered in this report is segmented –
1) By Product: Reusable Gloves, Disposable Gloves
2) By Material Type: Natural Rubber Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene Gloves, Polyethylene Gloves, Other Material Types (PVC, Leather Gloves)
3) By End-Use: Pharmaceuticals, Automotive and Transportation, Food, Oil and Gas, Mining, Chemicals, Other End-Uses (Pulp and Paper, Metal fabrication)
Subsegments:
1) By Reusable Gloves: Latex Gloves, Nitrile Gloves, PVC Gloves, Neoprene Gloves, Rubber Gloves
2) By Disposable Gloves: Latex Disposable Gloves, Nitrile Disposable Gloves, Vinyl Disposable Gloves, Polyethylene Disposable Gloves, Other Specialty Disposable Gloves
Which Trends Are Positively Affecting the Industrial Gloves Market Expansion?
Implementation of innovative technologies is the key trend gaining popularity in the industrial gloves market. Major companies operating in the industrial gloves market are introducing technological innovations such as surface technology for high-cut-risk areas and grip to sustain their position in the industrial gloves market. For instance, in March 2022, Ansell, a global leader in protective solutions, introduced the AlphaTec 58-735 gloves, featuring ANSELL GRIP Technology for enhanced handling in wet and oily conditions. These gloves are designed to reduce hand fatigue and improve dexterity, making them suitable for industrial sectors such as manufacturing and oil and gas. The gloves also feature INTERCEPT Technology, providing high-level cut resistance for protection in high-risk environments. This combination of advanced grip and cut resistance reflects the industry's push towards safer and more efficient protective gear through technological innovation.
Who Are the Prominent Players in theIndustrial Gloves Market?
Major companies operating in the industrial gloves market include Ansell Limited, Careplus Group Berhad, Globus Group, Hartalega Holdings BHD, Honeywell International Inc., Kossan Rubber Industries Bhd, Riverstone Holdings Limited, Semperit AG Holding, Supermax Corporation Berhad, Top Glove Corporation Bhd, 3M Corporation, Carolina Glove and Safety Company, Rubberex Corporation (M) Bhd, Ejendals AB, Lebon Protection, Kimberly-Clark Corporation, Renco Corporation, Mapa Professional, Towa Corporation, Delta Plus Group, Showa Group, MCR Safety, PIP Global, Bellingham Glove, Honeywell Safety Products, MDS Associates, Magid Glove & Safety, Wells Lamont Industrial
Get the full industrial gloves market report here:
What Are the Opportunities and Challenges for Industrial Gloves Market Across Regions?
Asia-Pacific was the largest region in the industrial gloves market in 2024. The regions covered in the industrial gloves market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Contact Us:
The Business Research Company
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info
Follow Us On:
LinkedIn: The Business Research Company | LinkedIn
Comments
Post a Comment