The
global industrial
gloves market was recorded to have a sales value of US$
42.1 Bn in 2018. The market is
expected to grow in terms of volume sales at a CAGR of 9.3% during
the period 2019-2027. The industrial gloves
market is expected to reach market size of US$ 91.4 Bn in 2027.
Accidents
at the workplace have become a significant concern, paving the way for the
influx of industrial gloves. Protective gloves are used in places where workers
are more susceptible to cuts, injuries, infection, and contamination. According
to an article published by World Economic Forum, more than 2 million people die
at work each year. Many such cases are because of lack of health and safety
awareness.
Industrial
gloves are commonly used to protect workers from such accidents. Gloves are
used in several end-use industries such as manufacturing, food and beverage,
construction, automobile, and pharmaceuticals. People working in these
industries require proper safety, which is pushing the demand for industrial
gloves. The usage of such gloves minimizes accidents that happen in workplaces.
Increasing awareness about workers safety has led end-use industries to utilize
industrial gloves for their workers. For example, according to American Society
for Testing and Materials (ASTM), Method F739-96 specifies a test-cell design
and procedure for measuring the permeation resistance of chemical protective
clothing including gloves.
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Additionally,
as per Section 19 of Occupational Safety and Health Act 1984, in
Australia, it is mandatory to provide employees with adequate personal
protective equipment as per the different industries concerned. Therefore,
increasing awareness about worker safety is anticipated to drive the industrial
glove market. Considering all these factors, impact of this driver is expected
to remain medium.
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The price
of Disposable Gloves is less than Reusable Industrial Gloves and is expected to
remain the same in the forecasted period. Neoprene gloves are expected to
remain costly during the forecasted period. There is a good opportunity from
end-use industries such as oil and gas, mining, food, construction industry in
global Industrial Gloves market. Developing economies are generating
exponential growth & demand globally.
Key players
operating in the global industrial gloves market are 3M
Corporation, Honeywell Safety Products, Ansell Ltd., Lakeland Industries,
Semperit A.G., Showa Group, HartalegaSdn. Bhd., Dipped Products Plc. and Uvex
Group.
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