Global Industrial Gloves Market Report and Forecast 2024-2032

Global Industrial Gloves Market Outlook

The global industrial gloves market stood at a value of around USD 10.01 billion in 2023. The market is further expected to grow at a CAGR of 10.50% in the forecast period of 2024-2032 to attain USD 24.55 billion by 2032.

Steady Growth of the Usability Segment to Bolster the Growth of the Industrial Gloves Industry

Based on usability, the disposable segment accounts for a significant share in the market and is anticipated to witness a healthy growth in the forecast period. Disposable industrial gloves made from rubber, vinyl, polyethylene, and neoprene provide greater comfort to the workers, while also protecting their hands against extreme temperatures and wounds due to cuts, friction, splinters, punctures, and abrasions. These types of gloves also prevent the skin against potentially harmful chemicals used in industrial operations. Over the forecast period, the growing popularity of nitrile gloves, owing to their improved durability and puncture resistance is likely to propel the market growth.

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North America to Provide Profitable Growth Opportunities to the Industrial Gloves Industry

The industrial gloves industry in North America is being driven by the expansion of the manufacturing industry in the region. The growing focus of the leading market players in improving the safety of the workforce in various industries is predicted to propel the demand for industrial gloves. Over the forecast period, the market is anticipated to be augmented by the imposition of stringent government regulations pertaining to worker safety across industries. The failure of compliance could lead to severe penalties in countries such as the United States and Canada. Furthermore, the market in the region is predicted to be aided by the increasing number of rubber manufacturing companies.

Industrial Glove: Market Segmentation

Industrial glove is defined as a protective material which is worn like a glove to protect the skin from heat, sharp metals and harmful environment. Industrial gloves are worn during work projects and are used to protect hands from wrist till fingers. These are made using different types of materials, based on the work requirements.

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Based on usability, the market has been segmented into:

• Disposable
• Reusable

Among these, the disposable segment is further divided based on material into natural rubber, nitrile, vinyl, neoprene, and polyethylene, among others. Based on end user, the disposable segment can be further segmented into aerospace, disk drive, flat panel, food industry, hospitals, medical devices, pharmaceuticals, and semiconductors, among others.

The reusable segment, based on type, is further segmented into dipped, knitted gloves, and supported knitted, among others. By protection type, the reusable segment is divided into general purpose/mechanical protection, chemical resistant/liquid protection, and product protection. The significant end uses of this segment include automotive, machinery, oil and gas, metal fabrication, chemical, construction, plane manufacturing, food processing, office building cleaners, and healthcare, among others.

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Heightened Application of Industrial Gloves in Various End Use Sectors to Boost the Growth of the Industrial Gloves Industry

The global industrial gloves industry is being driven by the growing application of the product in the construction, food processing, chemicals, and healthcare sectors. The workforce in these industries require efficient gloves in order to protect their hands from hazardous chemicals, cuts, abrasions, heat and contamination. The market is anticipated to be augmented by a surge in investments by the government towards bolstering the safety and security of the industrial staff. In various chemical plants, hospitals, power plants, construction sites, and food processing factories, wearing industrial gloves is mandatory. The market is projected to be further supported by the rising cases of infection and diseases caused by pathogens in factories among the industrial workers.

Key Industry Players in the Global Industrial Gloves Market

The report gives a detailed analysis of the following key players in the global industrial gloves market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• ANSELL LTD.
• Careplus Group Berhad
• Globus (Shetland) Ltd
• Hartalega Holdings Berhad
• Honeywell International Inc.
• Kossan Rubber Industries Bhd 
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report