Global Industrial Gloves Market to Grow at a CAGR of 10.50% During 2024-2032, Aided by the Growing Employment of Geriatric Workforce in Various Industries

The industrial gloves market is driven by the growing deployment of product across various industries including biotechnology, food processing, chemical engineering, healthcare, and pharmaceutical industry, among others. The industrial workers above the age of 50 are more susceptible to infections, abrasions, and diseases caused by pathogens and harmful chemicals, therefore, the increasing stringent government regulations in order to protect the geriatrics from any kind of permanent damage are likely to be the major driving factors of the market. 

Over the forecast period, the market is anticipated to be aided by the growing cases of acid spillage in the chemical plants. These incidences can cause permanent damage to the skin, causing great trauma to the workers, leading to a heightened demand for industrial gloves to bolster the protection against such accidents. 

In June 2021, ANSELL LTD. (ASX: ANN) announced the opening of company’s first plant in Uzlovaya city of Russia. The launch of the plant is likely to create 120 highly qualified workplaces. The aim of the plant is to localise the production of ActivArmr® Hycron® gloves, which are designed to protect workers from severe conditions. The manufacturers are aiming to cover the demand for the product in Russia, as well as exporting the product in Belarus and Kazakhstan. The plant will also generate employment for a significant amount of workforce, which is likely to generate a considerable demand for the industrial gloves in the forecast period. 

In terms of region, North America is likely to account for a significant share of the market, owing to the increasing expansion of service and manufacturing industries in the United States of America and Canada. Technological advancements in the biotechnology and chemical industry are likely to generate employment for a sizeable amount of workforce, thereby propelling the demand for industrial gloves. The market growth in the region is further expected to be aided by the government regulations aimed towards protecting the lives of healthcare workers, food processing staff, and construction staff.

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Market Breakup by Usability and Region:

• The market is segmented on the basis of usability into disposable and reusable. Among these, the disposable segment is further segmented, based on material, into natural rubber, nitrile, vinyl, neoprene, and polyethylene, among others.

• While the market division of disposable segment on the basis of end use include aerospace, disk drive, flat panel, food industry, hospitals, medical devices, pharmaceuticals, and semiconductors, among others.

• The reusable segment on the basis of type is divided into dipped, knitted gloves, and supported knitted, among others.

• On the basis of protection type, the reusable segment is divided into general purpose/mechanical protection, chemical resistant /liquid protection, and product protection. The major end uses of the reusable segment include automotive, machinery, oil and gas, metal fabrication, chemical, construction, plane manufacturing, food processing, office building cleaners, and healthcare, among others.

• Region-wise, the global market for industrial gloves can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The global market for industrial gloves is being driven by the growing demand of product in various end-use industries including healthcare, pharmaceutical, biotechnology, chemical, and food processing, among others.

• The growing adoption of the product in hotels, chemical plants, and textile factories, to protect the workers from prolonged exposure to harmful chemicals and pathogens is likely to bolster the market.

• The growing employment for geriatric industrial workers is likely to increase the demand for industrial gloves in the coming years, in order to reduce the susceptibility to harmful chemicals and diseases.

• The market will further be augmented by the stringent government regulations aimed towards protecting industrial workers from any kind of permanent skin damage.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the      usability and regions of industrial gloves.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global market are ANSELL LTD., Careplus Group Berhad, Globus (Shetland) Ltd, Hartalega Holdings Berhad, Honeywell International Inc., and Kossan Rubber Industries Bhd, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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