Industrial Gloves Market

Market Overview

The global industrial gloves market size was valued at USD 1,67,821 million in 2022. It is estimated to reach USD 3,92,487.23 million by 2031, growing at a CAGR of 9.90% during the forecast period (2023–2031).

Automotive, food and beverage, oil and gas, chemicals, and other industries use industrial gloves as protective clothing. Industrial gloves protect workers' hands from hazardous chemicals, glass cuts, and other injuries and uphold worker safety and health standards across all end-user industries. Industrial hand gloves are typically used in assembly lines, manufacturing facilities, hospitals, and chemical plants, where they protect from heat, corrosive materials, and sharp objects. Gloves are ideal for heavy-duty work because they provide the best protection against blows, heat, and abrasive objects.

Highlights

• Disposable industrial gloves dominate the usability segment
• North America is the most significant shareholder in the global market.

Market Dynamics

Global Industrial Gloves Market Drivers

Rules and Regulations for Safety

North America is a developed region with many end-user industries. The local government sets forth strict rules regarding worker and laborer safety. If any irregularities are discovered, the employer faces severe penalties, harming the company's reputation with customers and in the marketplace. Global demand for industrial gloves is anticipated to rise due to the strict regulations imposed by both developed and developing nations.

Rising Demand for Better Comfort and Performance

There are some significant developed economies in North America and Europe. Due to the extensive presence of all service and manufacturing sectors in these regions and the strict government regulations on workplace safety, the market for industrial gloves is anticipated to grow. North American and European consumers are very particular about the use of safety standards. They adhere to them strictly in any working environment at different end-user industries. Each business operating in these areas has a dedicated quality department that inspects the industrial gloves ordered for use in actual operations. Similarly, workers demand better performance and comfort by wearing gloves during all work-related activities. These gloves have a strong grip, a long working life, and are cut-resistant. Therefore, these factors will increase demand for industrial gloves over the forecast period.

Global Industrial Gloves Market Restraints

Availability of Affordable Regional Goods

Due to the widespread use of local makers' gloves across numerous application sectors, they are in a fierce battle for market share with the top producers. Further, consumers find it simple to buy affordable glove products because they are widely accessible in the local market, disregarding their lower safety levels. This factor is anticipated to restrain the market's expansion for industrial gloves over the forecast period.

Global Industrial Gloves Market Opportunities”

Innovative Technologies

The market for industrial gloves is anticipated to see new growth opportunities as a result of the adoption of new and innovative technologies. For instance, Ansell, a world leader in glove manufacturing, introduced a new cut-resistant glove made with the latest INTERCEPT Technology yarns. The world's most demanding industrial workplaces can use these gloves with the exceptional comfort and agility they require.

Growing Need for Occupational Safety

Workplace health and safety policies are cornerstones of a reasonable wage and working environment. The number of workplace mishaps in Italy in 2021 was predicted to be 564 thousand by the Istituto Nazionale per l'assicurazione contro gli infortuni sul lavoro. Over 480 thousand work-related incidents were reported to have occurred on the job, while another 84,000 were reported to have occurred on the route to or from work. Employers in a wide range of sectors around the globe have prioritized improving workers' safety by providing them with more advanced safety gear like industrial safety gloves and footwear. This has been a driving force behind the increasing demand for industrial safety gloves around the globe.

Segmental Analysis

The industrial gloves market is segmented by usability. 

Based on usability, the global industrial gloves market is divided into disposable and reusable industrial gloves.

The disposable industrial gloves segment owns the highest market share and is predicted to exhibit a CAGR of 12.9% over the forecast period. The type of glove known as a disposable glove is produced using a range of hues and materials. It can be recycled after use and used for various things. Medical gloves are disposable gloves used during examinations and procedures to help avoid cross-contamination between staff and patients. Medical gloves come either powdered free or powdered with corn starch to lubricate the gloves and make them easier to put on the hands. They are made of various polymers, including latex, nitrile rubber, polyvinyl chloride, and neoprene.

Regional Analysis

North America Dominates the Global Market

Based on region, the global industrial gloves market is divided into North America, Europe, Asia-Pacific, and LAMEA.

North America is the most significant global industrial gloves market shareholder and is anticipated to exhibit a CAGR of 11.7% during the forecast period. The US, Canada, and Mexico all study North America. The market expansion in the North American region is primarily attributable to the introduction of novel products made possible by technological advancements. The introduction of cutting-edge products, including gloves that are temperature-resistant and puncture-proof, has fueled the expansion of this market. Due to all these factors, industrial gloves in the North American market are the most sophisticated. Due to their benefits like excellent protection, affordable price, comfort, and durability, powdered latex gloves have increased their market share significantly in North America. But in recent years, the worry about allergies brought on by these gloves has given rise to suitable substitutes like powder-free or synthetic gloves. Further, disposable gloves have a wide range of non-medical uses in North America, including the food and service industries.

Europe is anticipated to exhibit a CAGR of 12.2% over the forecast period. Germany, France, Italy, Spain, the UK, and the rest of Europe all study Europe. The expansion of the healthcare and pharmaceutical industries is predicted to lead to growth in the European market for industrial gloves. In addition, rising consumer demand for goods and services will likely fuel growth in the manufacturing sector, including the automotive, aerospace and defense, and chemical manufacturing industries. Due to the escalating pandemic in the European region brought on by the Coronavirus, the demand from the healthcare sector for disposable industrial gloves has significantly increased. In addition, the demand for industrial gloves is expected to increase during the forecast period from other industries, including the chemical industry, as the European Union is one of the top producers of chemicals that are used in many processes worldwide. The market is predicted to grow due to this sector's widespread use of disposable and reusable industrial gloves.

China, Japan, South Korea, India, Australia, and the rest of Asia-Pacific all study the region. The fastest-growing economies in this region are those of China and India, thanks to expansion in several industries, including manufacturing, construction, healthcare, and others. These two nations have become the largest market for major corporations to establish their manufacturing facilities due to their rapid industrialization and urbanization, which is likely to boost demand for industrial gloves. In addition, the demand for new homes has significantly increased across nations like India and China as a result of rapid urbanization. Reusable industrial gloves are becoming more and more in demand from the construction industry thanks to ongoing government-sponsored infrastructure development initiatives like the Smart City Project and Housing for All in India. Further, the region's current Coronavirus pandemic has increased the healthcare industry's demand for disposable industrial gloves.

Brazil, Saudi Arabia, South Africa, and the rest of LAMEA are studied. In this region, the manufacturing, oil and gas, and food processing industries all have a need for industrial gloves. Due to the expansion of the mining and energy industries, Brazil and Saudi Arabia are the countries in these regions that consume the most industrial gloves. In addition, the demand for industrial gloves has increased significantly due to increased oil and gas exploration activities and rising crude oil production throughout this region, particularly in nations like Saudi Arabia and Brazil. The need for industrial gloves in this region is likely to rise as more workers are required to work with heavy machinery, pipes, chains, and tools frequently slippery from oil, increasing their risk of slips, drops, and exposure to cuts and chemical irritants.

Recent Developments

• January 2023- The corporate social responsibility project Superkids Ride & Fly was recently supported by Top Glove Foundation, the "Foundation," the philanthropic arm of Top Glove. The event, organized jointly by Route 77 Harley Davidson Kuala Lumpur Chapter and Route 77 Harley Davidson Kuala Lumpur Chapter, received financial support from the Foundation and sponsorship for lunch and dinner.
• April 2023- Long recognized as a leading provider of jobsite storage, tool rigs and pouches, and knee pads for professionals and DIYers alike, AWP (Advanced Work Products, a Hillman Brand) introduced one of the most comprehensive lines of work gloves.

Industrial Gloves Market Segmentation

By Usability

• Disposable
• Reusable

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA