Industrial Gloves Market is expected to reach US$ 16,119.54 million by 2028


PRESS RELEASE BY The Insight Partners 31 Mar 2022

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Increasing Use of Gloves in Various Industries to Escalate Industrial Gloves Market Growth

According to our latest market study on Industrial Gloves Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Disposable and Reusable), Material (Natural Rubber, Vinyl, Polyethylene, Nitrile, and Others), and End-Use Industry (Manufacturing, Construction, Food & Beverages, Oil & Gas, Pharmaceutical, and Others)” the industrial gloves market was valued at US$ 9,174.06 million in 2021 and is projected to reach US$ 16,119.54 million by 2028; it is expected to grow at a CAGR of 7.5% from 2021 to 2028.The report highlights key factors driving the market growth and prominent players along with their developments in the market.

                                                                                                 

Materials such as natural rubber, vinyl, polyethylene, and nitrile are used to manufacture industrial gloves. The quality testing for gloves involves various inspections, and different processes are used to check the weak spots and holes. Further, industrial gloves find application in different industries such as manufacturing, construction, food & beverages, oil & gas, healthcare, and pharmaceutical. The global industrial gloves market is mainly driven by the increasing use of gloves in different industries. In 2020, the Asia Pacific held the largest revenue share of the global industrial gloves market.

 

Disposable gloves are largely used in the healthcare industry. Disposable gloves outline the primary component to serve a longstanding need for cleaner practices and barrier protection in healthcare. Healthcare workers heavily use these gloves when they contact blood, body tissues, body fluids, broken skin, mucous membranes, and others. Doctors, nurses, general medical practitioners, and surgeons extensively use disposable exam gloves as a protective barrier between them and their patients. Due to factors such as the rising prevalence of viral outbreaks and infectious diseases and increasing awareness regarding health and safety measures associated with patient treatment, the demand for disposable gloves from the healthcare industry globally is growing consistently.

 

3M; Ansell Limited; Carolina Glove & Safety Company; Cementex Products, Inc.; Cintas Corporation; Honeywell International Inc.; International Plastics Inc.; Southern Glove, Inc.; Superior Glove; and Workwear Outfitters, LLC are some of the major players operating in the global industrial gloves market. Players operating in the global industrial gloves market are highly focused on the development of high-quality and innovative product offerings to fulfill the customer’s requirements.

 

Impact of COVID-19 Pandemic on Industrial Gloves Market

 

The COVID-19 pandemic negatively impacted the growth of the market. The COVID-19 pandemic disturbed manufacturing processes due to restrictions imposed by government authorities in various countries.  The COVID-19 pandemic caused volatility in the prices of raw materials required to produce industrial gloves. The adverse effect of the COVID-19 pandemic on manufacturing, construction, chemical industries negatively impacted the demand for gloves from these industries. However, the hospitals and healthcare front liners increased their gloves usage to fight against the COVID-19 pandemic and cure the patients.

 

As the economies started reviving their operations in 2021, the demand for industrial gloves also began to rise globally. The demand for industrial gloves is gradually increasing, backed by the recovery of industrial and commercial activities. Further, increasing the use of industrial gloves in various applications is expected to offer more growth opportunities for the global market during the forecast period.

 

Global Industrial Gloves Market Breakdown –by Region
Global Industrial Gloves Market Breakdown –by Region

Industrial Gloves Market Size - Industry Analysis & Forecast to 2028

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Industrial Gloves Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Disposable and Reusable), Material (Natural Rubber, Vinyl, Polyethylene, Nitrile, and Others), and End-Use Industry (Manufacturing, Construction, Food & Beverages, Oil & Gas, Pharmaceutical, and Others)


The report includes the segmentation of the global industrial gloves market as follows:

The global industrial gloves market, based on type, is segmented into disposable and reusable. Based on material, the global market is segmented into natural rubber, vinyl, polyethylene, nitrile, and others. Based on end-use industry, the global market is segmented into manufacturing, construction, food & beverages, oil & gas, pharmaceutical, and others. Based on geography, the global industrial gloves market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The market in North America is segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The market in Asia Pacific is segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the MEA. The market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America.
 
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