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Pune, India, April 22, 2022 (GLOBE NEWSWIRE) — The global protective gloves market size is predicted to reach USD 33.26 billion by 2029 and exhibit a CAGR of 4.6% during the forecast period. The swiftly expanding construction industry is anticipated to bolster the growth of the market. Fortune Business InsightsTM has presented this information in its report titled, “Protective Gloves Market, 2022-2029”. The market size stood at USD 21.39 billion in 2021 and USD 24.20 billion in 2022.
Additionally, the growing workplace safety regulations across developing and developed countries are anticipated to create lucrative growth opportunities for the market.
COVID-19 Impact-
Increasing Demand for Disposable Gloves in Healthcare Industry during COVID-19
The novel coronavirus pandemic has upswing the demand for protective gloves. The need for personal protective equipment rose during the pandemic, which has expanded the market’s growth. The increasing awareness for disease prevention in the healthcare sector and patient well-being is likely to boost the market’s growth in the coming years. Furthermore, the unpredictable duration of the coronavirus pandemic is anticipated to propel the market’s growth in the upcoming years.
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List of Key Market Players in the Protective Gloves Market are:
- Huihong (NANTONG) Safety Products Co., Ltd (China)
- Ansell Ltd. (Australia)
- Hartalega Holdings Berhad (Malaysia)
- Top Glove Corporation Bhd (Malaysia)
- 3M (US)
- Superior Gloves (US)
- KOSSAN Rubber Industries Ltd. (Malaysia)
- Kimberly-Clark Corporation (US)
- DIPPED PRODUCTS PLC (Sri Lanka)
- Globus (Shetland) Ltd. (UK)
- Uvex Group (Germany)
- PIP Global (US)
- Honeywell International Inc. (US)
- Showa Glove Co. (US)
- Towa Corporation (Japan)
- Supermax Corporation Berhad (Malaysia)
- ATG- Intelligent Glove Solutions (Sri Lanka)
- Lalan Group (Pvt) Ltd (Malwana, Sri Lanka)
- Jiangsu Hanvo Safety Product Co., Ltd. (China)
- QS Safety (China)
Segments-
On the basis of product, the market is divided into durable and disposable. On the basis of raw material, the market is segmented into leather gloves (durable), vinyl (PVC) gloves, polyurethane, neoprene gloves, nitrile gloves, and natural rubber gloves. On the basis of application, the market is categorized into mining, oil & gas, food & beverages, construction, manufacturing, healthcare & medical, and others. Geographically, the market is classified into Latin America, North America, Europe, Asia Pacific, and…
Full story available on Benzinga.com
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