The global market for Gloves was valued at US$93.6 Billion in 2024 and is projected to reach US$130.9 Billion by 2030, growing at a CAGR of 5.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Technological advancements and innovations in glove manufacturing are also key drivers of market growth. Manufacturers are increasingly focusing on developing gloves with improved durability, comfort, and functionality to cater to specific industry needs. For instance, the introduction of gloves with enhanced grip, touch sensitivity, and resistance to chemicals and punctures has expanded their applications beyond traditional uses. Innovations in biodegradable and eco-friendly materials are gaining traction as well, responding to environmental concerns and the push for sustainable practices. With increasing environmental awareness, manufacturers have shifted towards alternative materials such as nitrile and compostable plant-based plastics. These eco-friendly options maintain high performance and protection levels while minimizing environmental impact. Nitrile and vinyl gloves, free from latex, have gained popularity due to their excellent barrier properties. Additionally, manufacturers have produced gloves with reduced residual chemicals, further lowering the risk of allergic reactions and making them safer for a broader range of users. Antimicrobial and coated gloves address specific industry requirements, further broadening the scope of disposable glove applications
Moreover, the rise of e-commerce and the expanding distribution networks are making gloves more accessible to consumers and businesses alike. Online platforms offer a wide variety of gloves, catering to diverse requirements, from medical to industrial and household use. The convenience of online shopping, coupled with the ability to compare products and prices, has boosted consumer engagement and market penetration. Furthermore, strategic partnerships and mergers among key players in the gloves industry are enhancing their product portfolios and expanding their market reach, thereby fostering overall market growth.
Global Gloves Market - Key Trends and Drivers Summarized
Gloves are indispensable garments designed to cover and protect the hands, with individual sheaths for each finger, including the thumb. They serve various purposes, from offering comfort against temperature extremes to shielding hands from friction, abrasion, chemicals, and disease. Disposable gloves have become crucial in numerous sectors, such as healthcare, food handling, and manufacturing. Over the years, significant innovations have emerged, enhancing the performance and safety of these gloves. These advancements have addressed industry-specific needs, providing users with improved protection and comfort. The global gloves market is experiencing strong growth driven primarily by increasing awareness and demand for personal protective equipment (PPE) across various industries. The healthcare sector, in particular, has seen a surge in the use of medical gloves due to rising healthcare expenditure, a growing geriatric population, and heightened concerns over hospital-acquired infections (HAIs). The COVID-19 pandemic further amplified the demand for disposable gloves, both in healthcare settings and among the general public, due to the necessity of maintaining hygiene and preventing virus transmission. Additionally, stringent regulations and safety standards in industrial sectors such as manufacturing, chemical, and construction are propelling the adoption of protective gloves to ensure worker safety.Technological advancements and innovations in glove manufacturing are also key drivers of market growth. Manufacturers are increasingly focusing on developing gloves with improved durability, comfort, and functionality to cater to specific industry needs. For instance, the introduction of gloves with enhanced grip, touch sensitivity, and resistance to chemicals and punctures has expanded their applications beyond traditional uses. Innovations in biodegradable and eco-friendly materials are gaining traction as well, responding to environmental concerns and the push for sustainable practices. With increasing environmental awareness, manufacturers have shifted towards alternative materials such as nitrile and compostable plant-based plastics. These eco-friendly options maintain high performance and protection levels while minimizing environmental impact. Nitrile and vinyl gloves, free from latex, have gained popularity due to their excellent barrier properties. Additionally, manufacturers have produced gloves with reduced residual chemicals, further lowering the risk of allergic reactions and making them safer for a broader range of users. Antimicrobial and coated gloves address specific industry requirements, further broadening the scope of disposable glove applications
Moreover, the rise of e-commerce and the expanding distribution networks are making gloves more accessible to consumers and businesses alike. Online platforms offer a wide variety of gloves, catering to diverse requirements, from medical to industrial and household use. The convenience of online shopping, coupled with the ability to compare products and prices, has boosted consumer engagement and market penetration. Furthermore, strategic partnerships and mergers among key players in the gloves industry are enhancing their product portfolios and expanding their market reach, thereby fostering overall market growth.
Report Scope
The report analyzes the Gloves market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Product (Disposable Gloves, Reusable Gloves).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Disposable Gloves segment, which is expected to reach US$91.2 Billion by 2030 with a CAGR of a 7%. The Reusable Gloves segment is also set to grow at 3.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $24.8 Billion in 2024, and China, forecasted to grow at an impressive 9.7% CAGR to reach $29.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Goodtrade Enterprise Sdn. Bhd., Helly Hansen AS, Komaroo Leather Industry, Mallcom (India) Ltd., National Safety Apparel, Inc. (NSA) and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Gloves Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Gloves Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Gloves Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 259 major companies featured in this Gloves market report include:
- Goodtrade Enterprise Sdn. Bhd.
- Helly Hansen AS
- Komaroo Leather Industry
- Mallcom (India) Ltd.
- National Safety Apparel, Inc. (NSA)
- Superior Glove Works Ltd.
- Tempo Glove Mfg., Inc.
- W.G. Eaton Ltd.
- Wah Fung Trading Company
- Wells Lamont Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Goodtrade Enterprise Sdn. Bhd.
- Helly Hansen AS
- Komaroo Leather Industry
- Mallcom (India) Ltd.
- National Safety Apparel, Inc. (NSA)
- Superior Glove Works Ltd.
- Tempo Glove Mfg., Inc.
- W.G. Eaton Ltd.
- Wah Fung Trading Company
- Wells Lamont Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 288 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 93.6 Billion |
Forecasted Market Value ( USD | $ 130.9 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |