Industrial Gloves Global Market By Type, By Material, By Application, By Usability, Opportunity Analysis and Industry Forecast, 2023-2032 | Ansell Limited, Careplus Group Berhad, Globus Group, Hartalega Holdings BHD, Honeywell International Inc.

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The Industrial Gloves Global Market Report 2023 by The Business Research Company, provides industrial gloves market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/industrial-gloves-global-market-report

According to The Business Research Company’s Industrial Gloves Global Market Report 2023, the global industrial gloves market size grew from $14.44 billion in 2022 to $16.06 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the industrial gloves is expected to grow to $24.02 billion in 2027 at a CAGR of 10.6%.

The growing healthcare and food processing industries are expected to propel the growth of the industrial gloves market going forward. Healthcare industries refer to companies that offer clinical services and manufacture drugs and medical equipment, whereas food processing industries refer to companies involved in any method used to transform an agricultural product into a food product and sell it at local grocery stores or to modify one food item into another. Industrial gloves help the healthcare industry prevent the spread of infection or illness, and the food processing industry requires gloves for maintaining hygiene and decontamination in low and high-hazard areas.

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The industrial gloves market is segmented:

1) By Product: Reusable Gloves, Disposable Gloves

2) By Material Type: Natural Rubber Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene Gloves, Polyethylene Gloves, Other Material Types (PVC, Leather Gloves)

3) By End-Use: Pharmaceuticals, Automotive and Transportation, Food, Oil and Gas, Mining, Chemicals, Other End-Uses (Pulp and Paper, Metal fabrication)

Implementation of innovative technologies is the key trend gaining popularity in the industrial gloves market. Major companies operating in the industrial gloves market are introducing technological innovations such as surface technology for high-cut-risk areas and grip to sustain their position in the industrial gloves market. For instance, in September 2021, Unigloves, a UK-based glove developer company operating in the industrial gloves market, launched NITEX, an industrial glove range, and created a unique surface technology, including NitreGrip for grip in various conditions, and NitreGuard for high-performance in the straight blade cut test.

The industrial gloves market report table of contents includes: