Global Industrial Gloves Market Report, published by Variant Market Research, forecast that the global market is expected to reach $9 billion by 2024 from $4 billion in 2016; growing at a CAGR of 8.6% from 2016 to 2024. By geography, Asia Pacific and North America are expected to grow at a CAGR of 9.6% and 8.5%, respectively, during the forecast period.

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Rising awareness for safety and hygiene at workplaces is expected to fuel the industrial gloves market. Moreover, rapid industrialization and rules & guidelines supporting the use of protective gears at workplaces also drives the market growth. However, instabilities in raw material prices and availability of second-rate products may restrict the market growth. Furthermore, increasing R&D for product innovations and initiatives taken by government organizations is likely to gain significant impetus over the forthcoming years.
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The global industrial gloves market is categorized into application, products type, and material type. By application, the market is segmented as pharmaceuticals, healthcare, food, chemicals, manufacturing and others. Pharmaceuticals and chemicals dominated the applications segment accounting about 26.3% and 25.1% respectively in 2016. Moreover, by product type, the global industrial gloves market is further segmented into re-usable gloves and disposable gloves. Disposable gloves accounted for the largest market share in 2016, and are likely to continue its dominance during the forecast period 2016-2024. Furthermore, material types are divided into nitrile, rubber, neoprene, vinyl, polyethylene and others.

Geographically, the market has been classified into North America, Europe, Asia-Pacific and Rest of the World (RoW). The largest market share of 37.4% was occupied by North America in 2016, driven by rising number of accidents and rigorous guidelines concerning worker safety. The second largest market share of 29.6% was accounted by Europe. In terms of growth, Asia-Pacific is anticipated to achieve the fastest CAGR of 9.6% throughout the forecast period 2016-2024, due to the rapid industrialization in the countries such as India and China among others.

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The major players in the market include 3M Corporation, Honeywell Safety Products, MSA Safety, Showa Group, Ansell Ltd., Southern Glove, Inc., Lakeland Industries, Inc., Liberty Gloves & Safety, Inc., Protective Industrial Products Inc., Westchester Holdings, Inc, Towa Corporation among others and Bacou-Dalloz, Inc.

Scope of Industrial Gloves Market
Product Type Segments
• Re-Usable Gloves
• Disposable Gloves

Applications Segments
• Healthcare
• Pharmaceuticals
• Food
• Manufacturing
• Chemicals
• Others

Material Type Segments
• Nitrile
• Vinyl
• Neoprene
• Rubber
• Polyethylene
• Others

Geography Segments
• North America
o US
o Canada
o Mexico

• Europe
o Germany
o U.K.
o France
o Italy
o Others

• Asia-Pacific
o India
o Japan
o China
o Others

• RoW
o South America
o Middle East
o Africa

About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com

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