Global industrial safety gloves market outlook
According to the industrial safety gloves market statistics, this market will witness fast-paced growth and will post an impressive CAGR of close to 7% over the forecast period. With the rapid growth of various industrial segments including manufacturing, healthcare, and construction, there has been an increasing focus to ensure the workers are safe from any occupational hazards. As these industries are labor intensive it is imperative for them to maintain a safe working environment for the workers as well as the consumers. Moreover, the governments of several countries have introduced stringent laws pertaining to safety in the workplace. For instance, the Occupational Safety and Health Administration (OSHA) has enlisted standards that need to be adhered to by various segments such as construction, agriculture, maritime etc. Also, OSHA offers worker protection information to function in such industrial settings, which will boost the implementation of safety laws, leading to the augmented adoption of industrial safety gloves over the coming years.
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The increasing use of green and recyclable material for making industrial safety gloves is an important trend gaining significant traction in the market. Most glove manufacturers are continuing to emphasize on green manufacturing processes, technologies, and sustainability. The use of eco-friendly materials and non-renewable energy resources significantly minimizes the overall cost of production and consumption of non-productive electricity. Additionally, several vendors are now considering options to reduce the amount of scrap produced and decrease their reliance on petrochemical resources by using natural fibers. Furthermore, the vendors are also focusing on using raw materials that minimize carbon footprint and have started using materials that are recyclable in nature, which will boost this market’s growth over the predicted period.
Competitive landscape and key vendors
The global industrial safety gloves market is characterized by the presence of high competition as there are a large number of players in the market. The vendors compete on the basis of price, quality, branding, and customer service. Since there is a little differentiation between gloves available in the market, vendors are focusing on securing long-term contracts with end-users in the manufacturing and healthcare industries. The vendors cater to a variety of end-user segments such as industries, commercial purposes, and individual users.
Key vendors in this market are
- Honeywell International
- Ansell
- Top Glove
Other prominent vendors in the market include Hartelega, Kossan, Rubberex, Showa, Superior Glove, Supermax Corporation Berhad, and Towa.
Segmentation by material and analysis of the industrial safety glove market
- Natural rubber
- Vinyl
- Nitrite
- Neoprene
- Polyethylene
Based on the industrial safety gloves industry statistics, the natural rubber segment led the global industrial safety glove market and will continue to lead the market in the coming years. The growth of this segment is attributed to the wide applications of rubber in various industrial gloves. Also, latex gloves are biodegradable and despite the development of synthetic materials, rubber gloves are used extensively for various applications in the industrial and medical sectors. This is due to the properties such as elasticity, resilience, and form-fitting material.
Geographical segmentation and analysis of the industrial safety glove market
- APAC
- Europe
- North America
- ROW
According to the industrial safety gloves market outlook, North America led the global industrial gloves market and will continue to lead the market until the end of 2021. Besides the proliferation of the construction industry, a rapid expansion of industries such as food service, biotechnology, and pharmaceuticals will fuel the demand for gloves in this region.
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Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global industrial safety gloves market?
- What are the key market trends impacting the growth of the global industrial safety gloves market?
- What are the challenges to market growth?
- Who are the key vendors in the global industrial safety gloves market?
- What are the market opportunities and threats faced by the vendors in the global industrial safety gloves market?
- What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
- What are the key outcomes of the five forces analysis of the global industrial safety gloves market?
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This is preliminary content. The table of contents is subject to change.
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive landscape
- Other prominent vendors
PART 14: Key vendor analysis
PART 15: Appendix