Industrial Safety Gloves Market Analysis | 2023-2028

Market Insights

The industrial safety gloves market was estimated at USD 5.18 billion in 2022 and is likely to grow at a CAGR of 7.2% during 2023-2028 to reach USD 7.9 billion in 2028.

Want to know more about the market scope? Register Here

Market Dynamics

Introduction

Industrial safety gloves are used to protect the hands of employees and assets by reducing the chances of getting injured, risk accidents, and near misses while working on any operation or event in an industry. These gloves are essential to avoid any kind of injury while performing the required task for the industry.

Market Drivers

The industrial safety gloves market is driven by a host of factors, some of which are noted below:

• The major factors such as increasing awareness regarding the safety of workers across construction, chemical, mining, oil & energy, and equipment manufacturing industries.
• Favorable regulatory scenario to decrease occupational risk across various industries.
• Enhanced monitoring setups protecting workplaces are expected to fuel the growth of the market during the forecast period.

Want to have a closer look at this market report? Click Here

Key Players

The following are the key players in the industrial safety gloves market:

• Acme Safety
• Ansell Limited
• Arco Limited
• Atlas Safety Products
• Blaklader B.V.
• EASTU Safety GmbH
• Ejendals AB
• Hartalega Holdings Berhad
• Honeywell International, Inc.
• Showa Gloves.

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Segment Analysis

By Product Type

"Mechanical gloves are estimated to account for the largest share of the market"

The market is segmented into mechanical gloves, chemical & liquid protection, thermal gloves, and special protection gloves. Mechanical gloves are estimated to account for the largest share of the market owing to their wide application across various sectors such as construction, mining, automotive, heavy machinery equipment, and industrial handling & packaging.

They offer an excellent cut-resistant feature that protects from cuts and injuries. On the contrary, chemical & liquid protection product is estimated to grow at a faster pace as compared to other product types, owing to their excellent features such as water resistance, anti-impact, and enhanced grip properties. They protect oil and greasy materials while managing diverse applications in various industries.

To get the full scope of the report, Register Here

By Material Type

"Nitrile gloves are estimated to witness significant growth rate during the forecast period"

The market is segmented into nitrile gloves, natural rubber gloves, vinyl gloves, neoprene gloves, polyethylene gloves, and others. Nitrile gloves are estimated to witness a significant growth rate in the upcoming years, attributed to increased product demand to maintain hygienic conditions. In addition, growing awareness in various manufacturing industries attributed to the strong regulatory customs to minimize worker accidents and other loss of resources is accelerating the market growth during the forecast period.

On the other hand, natural rubber gloves are estimated to account for the largest share of the market during the forecast period owing to their various offered features, making it a cost-effective and eco-friendly option, fueling the growth of the market during the forecast period.

By Application Type

"Chemical application is estimated to register high growth rate during the forecast period"

The market is segmented as automotive, chemical, machinery & equipment, metal fabrication, oil & gas, and mining. Chemical application is estimated to register a high growth rate in the upcoming years. Factors such as a rise in demand for paint & coatings attributed to the rapid urbanization, expansion of the chemical sector due to a growing demand for petroleum and petrochemical products, and key features such as breathable materials, ultra-lightweight, seem-less and cut-resistant liners are expected to boost the product demand.

Furthermore, the machinery & equipment segment is estimated to account for the highest share of the market in the upcoming years, owing to a growing need for cut resistance, oil repellence, heat protection, and its higher usage of heavy equipment, tools, and metals, during the forecast period.

Regional Analysis

"Asia-Pacific is estimated to be the largest as well as the fastest-growing region in the market"

Asia-Pacific is estimated to be the largest as well as the fastest-growing region in the market with China, India, Japan, and South Korea being the major countries with lucrative growth opportunities during the forecast period.

Asia-Pacific is among the largest producers of natural rubber and the global natural rubber price is highly dependent upon the supply-demand in the region as natural rubber is easily available in Asia-Pacific. Furthermore, North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Know the high-growth countries in this report. Register Here

Research Methodology

• This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s industrial safety gloves market  realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The industrial safety gloves market is segmented into the following categories. 

By Product Type

• Mechanical Gloves
• Chemical & Liquid Protection
• Thermal Gloves
• Special Protection Gloves

 By Material Type

• Nitrile Gloves 
• Natural Rubber Gloves 
• Vinyl Gloves 
• Neoprene Gloves 
• Polyethylene Gloves 
• Others 

By Application Type

• Automotive 
• Chemical 
• Machinery & Equipment 
• Metal Fabrication
• Oil & Gas
• Mining

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, India, Australia, South Korea, and the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Saudi Arabia, Brazil, and Others)

Click Here, to learn the market segmentation details.

Customization Option

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.