Industrial Gloves Market — Granular View Of The Market From Various End-Use Segments

The industrial gloves market report provides analysis for the period 2016–2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers all the major driving factors and key trending topics impacting the industrial gloves market growth over the forecast period. It also highlights the restraints and opportunities expected to influence the market during the aforesaid period. The study provides a comprehensive outlook on the growth of the industrial gloves market throughout the forecast period in terms of revenue (in US$ Mn) and volume (in Million Units) across different geographies, including Asia Pacific, North America, Europe, Middle East & Africa (MEA), and South America.

The global industrial gloves market is expected to reach around US$ 15,271.1 Mn by 2026. The market is expected to grow in terms of volume sales at a CAGR of 9.3% during the period 2016–2026. The North America industrial gloves market is expected to incur the highest market share, accounting for US$ 21,615.8 Mn in 2026.

Increasing incidence of accidents in workplaces has led end use industries to adopt PPE products, industrial gloves being one of them. Additionally, stringent regulations set by governing bodies are fueling the demand for industrial gloves. The revenue growth of industrial gloves in the pharmaceutical and food segment is the highest compared to other industries.

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In these industries, hand protection works both ways: protecting the workers from chemical hazards and preventing food from getting contaminated. Pharmaceutical and food segment are also expected to maintain high growth rate during the forecast period, owing to the increasing demand for gloves in these segments.
One of the main challenging factors impacting the growth of the industrial gloves market is availability of local and inexpensive products. Locally manufactured gloves are extensively used across several application segments due to which the major manufacturers in the field face stiff competition from them.





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