Protective Gloves Market Size was valued at USD 18.5 Billion in 2022. The Protective Gloves industry is projected to grow from USD 19.7 Billion in 2023 to USD 33.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.70% during the forecast period (2023 - 2032). The COVID-19 pandemic, the growing healthcare sector, advancements in material technology, rising incidence of accidents and injuries, growing awareness of workplace hazards, and occupational safety and health regulations, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The market for protective gloves is expanding significantly due to the increase in accidents and injuries. Protective gloves are essential in reducing the dangers that workplace accidents and injuries offer to the health and safety of employees.
Personal protection equipment (PPE) is increasingly recognized as being necessary in a number of different industries as a result of an increase in accidents and injuries. Employers and employees are becoming more and more conscious of how critical it is to wear protective gloves in order to lower the risk of infections, wounds, burns, and hand injuries caused by chemicals. As a result, protective gloves have been more in demand as a component of full PPE programs. To protect workers in various industries, governments and regulatory agencies have set strict safety norms and requirements. In order to prevent accidents and injuries, these regulations frequently demand the usage of protective gloves in risky work locations. To protect the security and welfare of their employees, businesses must abide by these rules. As businesses work to satisfy the legislated criteria, the requirement for compliance with safety laws is increasing the demand for protective gloves.
Different sectors bring distinctive risks that can result in mishaps and harm. For instance, the risk of hand injuries is higher for employees in the construction and manufacturing industries because of their exposure to sharp objects, large machinery, and falling objects. Workers in the healthcare industry run the danger of coming into contact with toxic chemicals and contagious diseases. Workers are exposed to extreme temperatures, chemicals, and mechanical dangers in sectors like oil and gas. The need for protective gloves made to address certain hazards has increased as a result of the rise in accidents and injuries in these fields. Accidents and injuries at work can have a substantial financial impact on businesses. Medical care, lost productivity, worker compensation claims, and potential legal liabilities can all have high financial expenses. Employers are investing in preventive measures, such as the provision of suitable protective gloves, to reduce these expenses. Companies can lessen the financial burden resulting from workplace occurrences by lowering the frequency of accidents and injuries.
Employers are becoming more and more aware of how important employee safety and well-being are. In addition to safeguarding workers from harm, fostering a safe workplace increases morale, output, and general job satisfaction. Giving employees protective gloves shows that their well-being is important to the company and helps to foster a healthy workplace environment. As a result, businesses are spending money on protective gloves to put their employees' safety and well-being first. Workers are becoming more and more aware of the risks and hazards that could exist at work. Organizations are putting more focus on training initiatives that inform workers about the value of wearing protective gloves and other safety precautions. Workers now recognize the importance of protecting themselves from job risks, which has increased demand for protective gloves.
The COVID-19 pandemic has highlighted the value of protective gloves in stopping the spread of illnesses even further. To reduce the potential of viral transmission, healthcare personnel, frontline employees, and others in a variety of industries have been required to adopt stringent hygiene procedures and wear gloves. The pandemic has greatly raised consumer demand for gloves, which is helping the market for protective gloves expand. Thus, driving the Protective Gloves market revenue.
The Protective Gloves Market segmentation, based on material includes latex, nitrile, neoprene, leather, vinyl and others. The latex segment dominated the market in 2022 because they are used in the food and beverage, healthcare, and other end-user industries.
The Protective Gloves Market segmentation, based on type, includes reusable and disposable. The disposable category generated the most income in 2022. Compared to reusable protective gloves, disposable gloves are thought to be more comfortable, smooth, easily accessible, and less expensive.
Figure 1: Protective Gloves Market, by type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Protective Gloves Market segmentation, based on application includes chemical, mechanical, biological, thermal and others. The biological segment dominated the market in 2022. They serve as defense against germs, viruses, and other medical waste.
The Protective Gloves Market segmentation, based on end-use industry includes healthcare, manufacturing, food & beverage, oil & gas, construction, transportation and others. The healthcare segment dominated the market in 2022. Rising medical standards and improvements in the medical sector growing the demand for protective gloves.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Protective Gloves Market dominated this market in 2022 (45.80%) due to significant financial commitments made by public and commercial organizations to uphold personal protective equipment (PPE) standards at workplaces. Further, the U.S. Protective Gloves market held the largest market share, and the Canada Protective Gloves market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: PROTECTIVE GLOVES MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Protective Gloves market accounts for the second-largest market share. Occupational health and safety regulations are highly valued in European nations. Employers in the area put a high priority on employee well-being and invest in extensive safety initiatives to lower workplace injuries and accidents. Protective gloves are essential to these programs and help to increase their market penetration and adoption. Further, the German Protective Gloves market held the largest market share, and the UK Protective Gloves market was the fastest growing market in the European region
The Asia-Pacific Protective Gloves Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to an increase in construction operations as well as the growth of the transportation and oil and gas industries, particularly in developing nations like China and India. Moreover, China’s Protective Gloves market held the largest market share, and the Indian Protective Gloves market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Protective Gloves market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Protective Gloves industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Protective Gloves industry to benefit clients and increase the market sector. In recent years, the Protective Gloves industry has offered some of the most significant advantages to medicine. Major players in the Protective Gloves market, including Huihong (NANTONG) Safety Products Co., Ltd (China), Ansell Ltd. (Australia), Hartalega Holdings Berhad (Malaysia), Top Glove Corporation Bhd (Malaysia), 3M (U.S.), Superior Gloves (U.S.), Kossan Rubber Industries Bhd (Malaysia), Kimberly-Clark Corporation (U.S.), DIPPED PRODUCTS PLC (Sri Lanka), Globus (Shetland) Ltd. (U.K.), Uvex Group (Germany), PIP Global (U.S.), Honeywell International Inc. (U.S.), Showa Glove Co. (U.S.), Towa Corporation (Japan), Supermax Corporation Berhad (Malaysia) ATG- Intelligent Glove Solutions (Sri Lanka), Lalan Group (Pvt) Ltd (Sri Lanka), Jiangsu Hanvo Safety Product Co., Ltd. (China), QS Safety (China) and others, are attempting to increase market demand by investing in research and development operations.
An engineering and technology corporation is Honeywell International Inc. The business develops and produces technology to address problems in a number of industries, including energy, security, safety, productivity, and global urbanization. Specialty chemicals, process technologies, electrical and sophisticated materials, productivity, sensing, safety and security technology, and spare parts are just a few of the things Honeywell has to offer. Additionally, it offers management, technical, repair, and maintenance services. In North America, Europe, and other continents, Honeywell provides services to clients in the building, petrochemical, aircraft, and refining industries. Around the world, it has manufacturing and other operations. Charlotte, North Carolina, in the US, serves as the headquarters for Honeywell.
Personal care and home goods are produced and marketed by Kimberly-Clark Corp (Kimberly-Clark). Its product line includes swimwear, training pants, baby wipes, paper towels, facial and bathroom tissues, and disposable diapers. The business also sells clothing, soaps, hand sanitizers, and items for feminine and incontinence care. Kleenex, Scott, Huggies, Kotex, Thinx, Depend, Andrex, Cottonelle, and WypAll are just a few of the brands that Kimberly-Clark uses to sell its goods. Its clientele includes mass merchandisers, grocery stores, pharmacies, department stores, warehouse clubs, and other retail establishments. Additionally, it sells a variety of its products through distributors and online retailers. In addition to Asia-Pacific, the corporation also conducts business in the Americas, Europe, the Middle East, and Africa. Dallas, Texas, in the US, is where Kimberly-Clark is headquartered.
May 2022: A supplier of rubber compounds, GIIB Holdings Bhd, announced the opening of its first glove production facility in Nilai, Negeri Sembilan. The business disclosed that the new manufacturing facility included five double former glove-dipping production lines with an annual production capacity of 1.05 billion units. It was administered by GIIB's 51%-owned subsidiary GIIB Healthcare Products Sdn Bhd.
January 2022: Kimtech Opal Nitrile Gloves were introduced, according to Kimberly-Clark Professional. The newly introduced industrial gloves were designed, so the business claimed, for greater comfort during extended wear and strong tactile sensitivity. The powder-free gloves safeguard the application by reducing the possibility of Type I and Type IV glove-associated skin reactions. They were produced without vulcanization accelerators 1, additional sulfur, or natural rubber latex. Additionally, it was stated that the gloves had Low Derma Technology, a unique skin-protection feature.
October 2021: In order to construct a new manufacturing plant in Tamil Nadu, India, Ansell Limited announced that it would invest USD 80 million over the following three years. With an initial concentration on surgical and life science gloves for the domestic and foreign markets, the new plant is expected to be able to produce a wide range of goods.
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