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Industrial Gloves Market

Industrial Gloves Market to reach US$ 12,294.3 Mn By 2025-end
Persistence Market Research in its new report projects that in 2017, around 113,272 Mn pairs of
industrial gloves will be sold worldwide. As per the estimate, hand injuries are among the leading
work accidents, hence regulatory bodies are trying to enforce strict worker safety regulations
making industrial gloves a compulsory safety gear. According to the report, the global industrial
gloves market is set to increase at a CAGR of 9.2% over the forecast period (2017-2025) to reach a
valuation of US$ 12,294.3 Mn by 2025-end. Demand for protective and safety products (especially
fire and cut resistant industrial gloves) is expected to increase due to the changing nature and type
of industrial hazards resulting from the increased use of new materials, paints, and interior designs.
This will push manufacturers of industrial glove to introduce more durable products that can ensure
greater safety from modern industrial workplace atrocities. For manufacturers, potential market
opportunities lie in the development of modified protective industrial gloves that ensure protection
to workers and operators against threats.
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North America has some powerful developed economies. The vast presence of all manufacturing
and service industries, coupled with firm government rules and regulations on industrial safety is
anticipated to remain a prominent driving factor for the growth in sales of industrial gloves in the
North America market. Rising demand for superior performance and comfort is expected to play a
pivotal role in this region. Consumers in North America are particular on the use of safety standards
and follow them firmly in any working environment at all the end-use industries. Every firm has a
quality department to check the quality of industrial gloves to ensure that the procured gloves are up
to the mark in real-time operations. Moreover, workers also make sure that they use safety industrial
gloves in all work related operations and demand better performance and comfort. These gloves are
cut resistant, have a long working life and offer a firm grip. These are some of the features that are
surging the demand for industrial safety gloves in the North America market.
The strict regulations and rules imposed by the government and the other regulating bodies on the
manufacturers in the developed regions such as North America, Europe and Japan continues to
make them lucrative markets for industrial gloves. Particularly, the market in North America is
projected to register the fastest CAGR during the forecast period. Meanwhile, a notable increase in
sales of industrial gloves has been observed in BRICS nations (Brazil, Russia, India, China and
South Africa). Market players are trying to improve product quality by implementing innovative
technologies as well as by using tougher and long lasting raw materials and offer additional features
in their products at a competitive price point. Ansell Limited, Dipped Products Plc, Hartalega
Holdings Berhad, Kossan Rubber Industries Bhd., Top Glove Corporation Bhd, Rubberex
Corporation (M) Bhd., Globus (Shetland) Ltd., Johnson Wilshire Inc., Protective Industrial
Products, Inc (PIP), Smart Glove Corporation Sdn. Bhd., Southern Glove, Inc., 3M Company, Uvex
Winter Holding GmbH & Co. KG, SEMPERIT AG HOLDING, Riverstone Holdings Limited.,
Supermax Corp. Bhd, Honeywell International, Inc., Magid Glove & Safety Manufacturing
Company LLC., Lakeland Industries, Inc. and Shun Thai Rubber Gloves Industry Public Company
Limited are some of the leading companies operating in the global industrial gloves market.
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