The global industrial gloves market size was valued at $8.7 billion in 2022, and industrial gloves industry is projected to reach $20.2 billion by 2032, growing at a CAGR of 8.9% from 2023 to 2032.
Industrial gloves are protective wear that protects the skin from heat, sharp metals, and harmful environments. They are designed in a way to provide comfort to the wearer and do not obstruct the efficiency and competence of the wearer. It finds application in manufacturing plants, assembling plants, chemical plants, and medical institutions among others where they protect from heat, corrosive substances, and sharp objects.
Industrial gloves are a crucial component of personal protective equipment (PPE) used in various industries, including automotive, food and beverage, oil and gas, and chemicals, to ensure worker safety and health standards. They are primarily used to prevent hand injuries such as glass cuts, metal cuts, and exposure to hazardous chemicals. Industrial gloves are widely used in assembling plants, manufacturing plants, medical institutions, and chemical plants where workers are exposed to heat-corrosive substances and sharp objects.
The global market for industrial gloves is expected to witness significant growth during the forecast period, driven by the increasing demand for disposable gloves in the healthcare industry. Disposable gloves are widely used in medical devices, pharmaceuticals, and hospital and food industries to protect workers from infections and prevent food contamination during processing. The rising usage of industrial gloves for household work has also contributed to the surge in demand for industrial gloves worldwide. In addition, the flourishing automotive, chemical, and oil and gas industries have also increased the demand for industrial gloves, as workers are exposed to crushing, pinching, and cutting and chemical hazards that pose serious injuries.
The construction industry has also seen a rise in demand for industrial gloves, as workers are prone to hand injuries such as metal cuts and glass cuts. The usage of proper gloves for hand protection has reduced the number of medical emergencies in the industry, further driving the demand for industrial gloves globally. However, the growth of the industrial gloves market is hindered by the availability of local and inexpensive products and a lack of awareness regarding the usage of industrial gloves. This is expected to result in a decrease in the production volume of industrial gloves during the forecast period. Nevertheless, the implementation of innovative technologies in the production of industrial gloves is expected to provide growth opportunities for the market in the future.
In conclusion, industrial gloves play a critical role in ensuring worker safety and health standards in various industries worldwide. The market is expected to experience significant growth during the forecast period, driven by the increasing demand for disposable gloves in the healthcare industry and the rising demand for industrial gloves in the construction, automotive, and oil & gas industries. However, the availability of local and inexpensive products and a lack of awareness regarding the usage of industrial gloves are expected to hinder the growth of the market, but the implementation of innovative technologies in glove production is projected to provide growth opportunities in the future.
The global industrial gloves market forecast is segmented into usability and region. On the basis of usability, the market is categorized into disposable and reusable. On the basis of material type for disposable, the market is categorized into natural rubber, nitrile, vinyl, neoprene, polyethylene, and others. On the basis of end-use for disposable, the market is classified into aerospace, disk drives, flat panels, food, hospitals, medical devices, pharmaceuticals, semiconductors, and others. On the basis of gloves type for reusable, the market is categorized into dipped gloves, knitted gloves, supported knitted gloves, and others. On the basis of protection for reusable, the market is categorized into general purpose/mechanical protection, chemical/liquid protection, and product protection. On the basis of end-use for reusable, the market is divided into machinery, oil & gas, metal fabrication, automotive, chemical, construction, plane manufacturing, food processing, office building cleaners, healthcare, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major players analyzed in this report are Top Glove Corporation Berhad, Hartalega Holdings, Kossan Rubber Industries Bhd, Riverstone Holdings Limited, Careplus Group Berhad, Supermax Corp., Ansell Healthcare, SHOWA, Inc., Honeywell International Inc., and Semperit AG Holding. These players have adopted investment strategies in the research and development of a new variety of Industrial gloves and the acquisition to expand their market share.
The pandemic led to significant price increases for gloves, with some suppliers charging several times more than the pre-pandemic prices. This put a strain on healthcare systems, as well as on individuals and businesses that needed to purchase gloves for their employees. The price increases have been driven by the shortage of supply, with many manufacturers struggling to keep up with the demand.
The surge in demand for gloves has spurred innovation in the market, with manufacturers developing new materials and technologies to improve the effectiveness of gloves and increase their durability. For example, some manufacturers have developed gloves with antimicrobial coatings to reduce the risk of contamination, while others have developed gloves with improved grip to make them more effective for use in wet conditions.
The increased innovation in the market is expected to continue in the coming years, as demand for gloves is projected to remain high even after the pandemic subsides. Despite the significant demand for gloves, the increased use of industrial gloves has raised concerns about their environmental impact. Many gloves are made from non-biodegradable materials, and the increase in demand has led to a significant increase in the amount of waste generated. Manufacturers are increasingly being encouraged to create gloves that are more environmentally sustainable by using biodegradable materials or recycling existing materials, to minimize the negative impact on the environment. In conclusion, the COVID-19 pandemic has significantly impacted the global industrial gloves market.
Industrial gloves are protective wear that protects the skin from heat, sharp metals, and harmful environments. They are designed in a way to provide comfort to the wearer and do not obstruct the efficiency and competence of the wearer. It finds application in manufacturing plants, assembling plants, chemical plants, and medical institutions among others where they protect from heat, corrosive substances, and sharp objects.
Industrial gloves are a crucial component of personal protective equipment (PPE) used in various industries, including automotive, food and beverage, oil and gas, and chemicals, to ensure worker safety and health standards. They are primarily used to prevent hand injuries such as glass cuts, metal cuts, and exposure to hazardous chemicals. Industrial gloves are widely used in assembling plants, manufacturing plants, medical institutions, and chemical plants where workers are exposed to heat-corrosive substances and sharp objects.
The global market for industrial gloves is expected to witness significant growth during the forecast period, driven by the increasing demand for disposable gloves in the healthcare industry. Disposable gloves are widely used in medical devices, pharmaceuticals, and hospital and food industries to protect workers from infections and prevent food contamination during processing. The rising usage of industrial gloves for household work has also contributed to the surge in demand for industrial gloves worldwide. In addition, the flourishing automotive, chemical, and oil and gas industries have also increased the demand for industrial gloves, as workers are exposed to crushing, pinching, and cutting and chemical hazards that pose serious injuries.
The construction industry has also seen a rise in demand for industrial gloves, as workers are prone to hand injuries such as metal cuts and glass cuts. The usage of proper gloves for hand protection has reduced the number of medical emergencies in the industry, further driving the demand for industrial gloves globally. However, the growth of the industrial gloves market is hindered by the availability of local and inexpensive products and a lack of awareness regarding the usage of industrial gloves. This is expected to result in a decrease in the production volume of industrial gloves during the forecast period. Nevertheless, the implementation of innovative technologies in the production of industrial gloves is expected to provide growth opportunities for the market in the future.
In conclusion, industrial gloves play a critical role in ensuring worker safety and health standards in various industries worldwide. The market is expected to experience significant growth during the forecast period, driven by the increasing demand for disposable gloves in the healthcare industry and the rising demand for industrial gloves in the construction, automotive, and oil & gas industries. However, the availability of local and inexpensive products and a lack of awareness regarding the usage of industrial gloves are expected to hinder the growth of the market, but the implementation of innovative technologies in glove production is projected to provide growth opportunities in the future.
The global industrial gloves market forecast is segmented into usability and region. On the basis of usability, the market is categorized into disposable and reusable. On the basis of material type for disposable, the market is categorized into natural rubber, nitrile, vinyl, neoprene, polyethylene, and others. On the basis of end-use for disposable, the market is classified into aerospace, disk drives, flat panels, food, hospitals, medical devices, pharmaceuticals, semiconductors, and others. On the basis of gloves type for reusable, the market is categorized into dipped gloves, knitted gloves, supported knitted gloves, and others. On the basis of protection for reusable, the market is categorized into general purpose/mechanical protection, chemical/liquid protection, and product protection. On the basis of end-use for reusable, the market is divided into machinery, oil & gas, metal fabrication, automotive, chemical, construction, plane manufacturing, food processing, office building cleaners, healthcare, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major players analyzed in this report are Top Glove Corporation Berhad, Hartalega Holdings, Kossan Rubber Industries Bhd, Riverstone Holdings Limited, Careplus Group Berhad, Supermax Corp., Ansell Healthcare, SHOWA, Inc., Honeywell International Inc., and Semperit AG Holding. These players have adopted investment strategies in the research and development of a new variety of Industrial gloves and the acquisition to expand their market share.
IMPACT OF COVID-19 ON THE GLOBAL INDUSTRIAL GLOVES MARKET
The COVID-19 pandemic had an unprecedented impact on the global market for industrial gloves. The need for personal protective equipment (PPE) to prevent the spread of the virus has led to a massive surge in demand for gloves, primarily in the healthcare sector. The demand for gloves has also increased among the general public as people seek to protect themselves from the virus. This surge in demand had led to shortages in many parts of the world, creating significant challenges for healthcare systems and other essential industries. The shortages have been exacerbated by disruptions in the supply chain due to lockdowns, travel restrictions, and other measures implemented to contain the spread of the virus.The pandemic led to significant price increases for gloves, with some suppliers charging several times more than the pre-pandemic prices. This put a strain on healthcare systems, as well as on individuals and businesses that needed to purchase gloves for their employees. The price increases have been driven by the shortage of supply, with many manufacturers struggling to keep up with the demand.
The surge in demand for gloves has spurred innovation in the market, with manufacturers developing new materials and technologies to improve the effectiveness of gloves and increase their durability. For example, some manufacturers have developed gloves with antimicrobial coatings to reduce the risk of contamination, while others have developed gloves with improved grip to make them more effective for use in wet conditions.
The increased innovation in the market is expected to continue in the coming years, as demand for gloves is projected to remain high even after the pandemic subsides. Despite the significant demand for gloves, the increased use of industrial gloves has raised concerns about their environmental impact. Many gloves are made from non-biodegradable materials, and the increase in demand has led to a significant increase in the amount of waste generated. Manufacturers are increasingly being encouraged to create gloves that are more environmentally sustainable by using biodegradable materials or recycling existing materials, to minimize the negative impact on the environment. In conclusion, the COVID-19 pandemic has significantly impacted the global industrial gloves market.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the industrial gloves market analysis from 2022 to 2032 to identify the prevailing industrial gloves market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the industrial gloves market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global industrial gloves market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Usability
- Disposable
- Material Type
- Natural Rubber
- Nitrile
- Vinyl
- Neoprene
- Polyethylene
- Others
- End-Use
- Aerospace
- Disk Drives
- Flat Panels
- Food
- Hospitals
- Medical Devices
- Pharmaceuticals
- Semiconductors
- Others
- Reusable
- Glove Type
- Dipped Gloves
- Knitted Gloves
- Supported Knitted Gloves
- Others
- Protection Type
- General purpose/Mechanical
- Chemical/Liquid
- Product Protection
- End-Use
- Machinery
- Oil and Gas
- Metal Fabrication
- Automotive
- Chemical
- Construction
- Plane Manufacturing
- Food Processing
- Office Building Cleaners
- Healthcare
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Honeywell International Inc.
- Hartalega Holdings BHD
- Kossan Rubber Industries BHD
- Riverstone Holdings Limited
- Semperit AG Holding
- Top Glove Corporation BHD
- Ansell Limited
- Careplus Group Berhad
- Globus Group
- Supermax Corporation Berhad
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: INDUSTRIAL GLOVES MARKET, BY USABILITY
CHAPTER 5: INDUSTRIAL GLOVES MARKET, BY REGION
CHAPTER 6: COMPETITIVE LANDSCAPE
CHAPTER 7: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report titled, 'Industrial Gloves Market: Opportunity Analysis and Industry Forecast, 2020-2027' the global industrial gloves market was valued at $6.9 billion in 2019, and is projected to reach $14.8 billion by 2027, growing at a CAGR of 10.4% from 2020 to 2027.Industrial gloves are protective wear in various industries such as automotive, food & beverage, oil & gas, chemicals, and others. Industrial gloves are used for workers safety and health standards across end-use industries to prevent glass cuts, metal cuts, and exposure of hands to hazardous chemical. Industrial hand gloves are primarily used in assembling plants, manufacturing plants, medical institutions, and chemical plants where they protect from heat corrosive substances and sharp objects.
Increase in demand for disposable gloves in the healthcare industry is anticipated to drive the growth of the industrial gloves market during the forecast period. Disposable gloves are used in a variety of industries such as medical devices, pharmaceutical, and hospital & food industry with an objective to protect the workers from infections working in hospitals and preventing food from getting contaminated while processing. In addition, the increase in its usage for household work has also surged the demand for industrial gloves globally. In addition, flourishing automotive, chemical, and oil & gas industry has also increased the demand for industrial gloves as workers sustain crushing, pinching, and cut & chemical hazards that make up most of the serious injuries. Furthermore, there is an increase in the demand for industrial gloves in the construction industry as the workers at construction site has to go through hand injuries like metal cuts and glass cuts. Hence, wearing proper gloves that lead to safety of hands of the workers and reduces the cases of any medical emergencies.. These factors are expected to increase the demand for industrial gloves across the globe during the forecast period.
However, availability of local and inexpensive products and lack of awareness regarding usage of industrial gloves are expected to hinder the growth of the industrial gloves market. Owing to this, the production volume of industrial gloves is expected to fall during the forecast period. Moreover, implementation of innovated technologies in the production of industrial gloves is expected to provide growth opportunities for industrial gloves market in the future.
By usability, the global industrial gloves market is bifurcated into disposable gloves and reusable gloves. The disposable gloves segment is expected to garner the higher market share during the forecast period, owing to increase in usage of these gloves in the food, hospital, medical devices, and pharmaceutical industries.
By glove material, the global industrial gloves market is segmented into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene gloves, polyethylene gloves, and other. The natural rubber gloves segment is anticipated to garner the highest market share during the forecast period, owing to increase in usage of these gloves in the chemical industry as well as for household purpose.
By end-user, the global industrial gloves market is divided into aerospace, disk drives, flat panels, food, hospitals, medical devices, pharmaceuticals, semiconductors, and others. The semiconductor segment is expected to garner the higher market share during the forecast period owing to increase usage of industrial gloves in the semiconductor industry as these are bad conductors of electricity and comparatively stiffer with least elasticity.
By protection, the global industrial gloves market is categorized into general purpose/mechanical protection, chemical/liquid protection and product protection. The general purpose/mechanical protection segmented is classified to garner the higher market share during the forecast period as these gloves strengthen the workers grip and reduce the risk of injury while working on the machine.
By application, the global industrial gloves market is fragmented into machinery, oil & gas, metal fabrication, automotive, chemical, construction, plane manufacturing, food processing, office building cleaners, healthcare, and others. The machinery segment is projected to garner the highest market share during the forecast period owing to rapid industrialization across the emerging economies such as India and China has led to setting up of many industrial manufacturing units that use various heavy machineries where industrial gloves are required to safeguard the workers hands.
By gloves type, the global industrial gloves market is divided into dipped gloves, knitted gloves, supported knitted gloves, and others. The supported knitted gloves segment is anticipated to garner the higher market share during the forecast period as these gloves have excellent resistance to hot and cold temperatures, they absorb sweat, offer superb puncture & abrasion resistance, and are quite durable due to the liner.
By region, the industrial gloves market size is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America is expected to garner the highest market share during the forecast period due to stringent regulations regarding the safety of labor and working individuals. If any irregularities are found then the employer is charged with heavy penalties, and it also creates bad image of the company among consumers and in the market. This kind of stringent regulations laid down by the governments are expected to drive the growth of the industrial gloves market across the globe.
COVID-19 Analysis:
Amid lockdown situation various countries such as the U.S., Germany, Spain, Italy, India, and China have halted the industrial manufacturing processes, owing to which the demand for industrial gloves is expected to decline during the forecast period.
The demand for industrial gloves is likely to experience a downfall during the coronavirus pandemic due to affected supply chain amid lockdown.
The demand for disposable nitrile gloves from the medical industry across the globe is likely to increase during the COVID-19 pandemic, owing to rise in number of patients affected due to corona virus and to treat the general patients affected from other diseases.
The demand for reusable industrial gloves is anticipated to increase from sanitization workers involved in cleaning and sanitization of the corona affected areas.
Key Findings of the Study:
The Asia-Pacific industrial glove market is projected to grow the highest CAGR of nearly 11.8%, in terms of revenue, during the forecast period.
The disposable glove of usability segment is anticipated to witness moderate growth rate of 10.9%, in terms of revenue, during the forecast period.
Industrial gloves market share of North America in 2019 is 39.2%, in terms of revenue.
The reusable gloves segment is anticipated to witness moderate growth rate of 9.6%, in terms of revenue, during the forecast period.
The key players operating in the global industrial glove market industry include Top Glove Corporation Berhad, Hartalega Holdings, Kossan Rubber Industries Bhd, Riverstone Holdings Limited, Careplus Group Berhad, Supermax Corp., Ansell Healthcare, SHOWA, Inc., Honeywell International Inc., and Semperit AG Holding.
Companies Mentioned
- Honeywell International Inc.
- Hartalega Holdings BHD
- Kossan Rubber Industries BHD
- Riverstone Holdings Limited
- Semperit AG Holding
- Top Glove Corporation BHD
- Ansell Limited
- Careplus Group Berhad
- Globus Group
- Supermax Corporation Berhad
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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