Industrial Safety Gloves Market Insight

Globally, industrial safety gloves market is projected to grow at the growth rate of 9.7% during the forecast period 2018 to 2023. Growing demand of efficient gloves with better grip and convenience are the encouraging the key players to do continuous product development and launches. For instance, Showa launched safety glove named, Showa 379 gauntlet, which is provide extra chemical resistant and highly flexible. Owning to highly fragmented nature of the market, expansion and acquisition are seen as the key strategies adopted by major players. For example, Ansell Ltd acquired BarrierSafe Solutions International, a leading North American provider of single-use gloves.

Increasing Awareness at workplaces to Drive the Industrial Safety Gloves Market Growth

Growing awareness about safety and hygiene at workplaces is anticipated to drive the market growth across the globe. Additionally, stringent rules & regulations and rapid industrialization is encouraging the usage of safety equipment including gloves at different workplaces, which is supporting the market growth from last few years. However, deviations in raw material prices and growing presence of unorganized sector is restricting the expansion and development of the market. Numerous initiatives taken by the government associations and continuous R&D activities for product development are likely to create development opportunities for the market. Growth of labor concentrated industries such as construction and healthcare is expected to influence the demand of different industrial security equipment including safety gloves.

Nitrile Gloves to Witness Significant Growth during the Forecast Period

Growing innovation in nitrile gloves is anticipated to drive the market across the globe. For example, Hartalega Holdings Bhd developing the worlds first non-leaching antimicrobial nitrile examination glove into the market which will reduce hospital-acquired infection compared to other safety gloves. Additionally, the nitrile gloves are gaining popularity in the various healthcare and other chemical manufacturing industries due to their allergy-free properties, durable nature, and puncture resistance. Key players of the disposable industrial gloves are focusing to improve their production capacity to fulfill the growing demand of disposable gloves from various industries. Major companies are acquiring the small players from developing economies to strengthen their presence in the potential countries and regions. For instance, Ansell Ltd acquired Hands International, a manufacturer and supplier of specialized knitted glove liners in Colombo, Sri Lank.

Asia-Pacific to Witness fastest growth rate in Industrial Safety Gloves Market

In Asia-Pacific region, rising presence of various service and manufacturing industries, and stringent government rules and regulations on industrial safety is driving the market growth in the region. For instance, Occupational Safety and Health Administration (OSHA) offers information on worker protection for functioning in various industrial settings with imposing rules and regulations. Industries in North America regions are strictly following safety standards and regulations which is supporting the market growth of industrial safety gloves in the region. Every manufacturing company 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 which is influencing the demand of high quality safety gloves in the region. In Europe, rising industrialization and growth in the number of workers across the region are major factors expected to support the demand for industrial safety gloves, especially in Germany, France, and Italy.

Key Developments in the Industrial Safety Gloves Market

May 2017 - Ansell launched MICRO-TOUCH DENTA-GLOVE SERIES, a portfolio of dental examination gloves. All products in this series are certified for use in oral examinations for patient safety and peace of mind and are designed with the most advanced film technologies to meet the unique and demanding needs of the dental profession.

June 2018 - LEDLife.us announces the launch of the patented KC Performance LED Light Glove. Designed and engineered in the US, the patented KC LED Light Gloves are where form, fit, and function collide.

Competitive Landscape of Industrial Safety Gloves Market

Industrial Safety Gloves Market Major Key Players - 3M Corporation, Ansell Limited, Hartalega Holdings Bhd, Honeywell International Inc, Kossan Rubber Industries Bhd, Marvel Glove Industries, Rubberex (M) Sdn., SHOWA Corporation, Southern Gloves Inc, Superior Glove Works Ltd, Top Glove Corporation Berhad and Towa Corporation, among others.

Reasons to Purchase this Industrial Safety Gloves Market Research Report

• Analyzing outlook of the market with the recent trends and Porters five forces analysis
• Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 3-month analyst supports, along with the Market Estimates sheet in excel

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