About Industrial Gloves
Industrial gloves provide greater barrier protection and it is comfortable to wear for an extended period. These are sold under direct and in-direct sales. Development in online sales platforms is driving huge demand and enhance in the supply chain. The sudden advent of the COVID-19 pandemic enhances the demands for industrial gloves.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The manufacturers are operating in this industry are accepting numerous strategic growth areas such as mergers & acquisitions, expansions, investments, new product launches, and others across the globe. The market major players are exploring new areas through developments and accomplishments to benefit competitive advantage through collective collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Industrial Gloves market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hartalega Holdings (Malaysia), Kossan Rubber Industries Bhd (Malaysia), Riverstone Holdings Limited (Singapore), Careplus Group Berhad (Malaysia), Supermax Corp. (Malaysia), Ansell Healthcare (United States), Honeywell International Inc. (United States), Semperit AG Holding (Austria) and ATG Sitec GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Acme Safetywears Limited (India), Arco Limited (United Kingdom) and Blaklader B.V. (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Gloves market by Type (Reusable and Disposable) and Region.
On the basis of geography, the market of Industrial Gloves has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Aerospace will boost the Industrial Gloves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Materials, the sub-segment i.e. Natural Rubber will boost the Industrial Gloves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Protection, the sub-segment i.e. General Purpose/Mechanical will boost the Industrial Gloves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Adoption of Eco-Friendly gloves
Market Growth Drivers:
Increase in Industrialization
Challenges:
Slowdown in Economy and Fluctuation in Raw Material Prices
Restraints:
Disruption in Supply Chain
Opportunities:
Growing Demand in Manufacturing and Healthcare Industry
Market Leaders and their expansionary development strategies
In December 2019, Protective Industrial Products, Inc., Latham, New York, a leading supplier of hand protection and general safety products, proudly has acquired the assets of the Boss Glove and Safety business from the Boss Manufacturing Company, headquartered in Kewanee, Illinois.
In Jun 2021, The United States Department of Defense signed a contract with a United States company to boost the consumption of nitrile glove production across the United States by 2.31 billion gloves in the coming year 2023.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Industrial Gloves Manufacturers, Distributors, & Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.