Global Industrial Safety Gloves Market

Industrial Safety Gloves Market Size, Share, Growth Analysis, By Type(Reusable Glove, Disposable Gloves), By Material type(Nitrile, Rubber/Latex, Vinyl, Neoprene), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20F2010 | Region: Global | Published Date: March, 2024
Pages: 202 | Tables: 65 | Figures: 75

Industrial Safety Gloves Market News

  • AWP (Advanced Work Products, a Hillman Brand), long known for being a top supplier of knee pads, tool rigs and pouches, and worksite storage for pros and do-it-yourselfers, unveiled one of the most extensive selections of work gloves in April 2023.
  • 21 February 2023, ExxonMobil, an oil and gas company, embarked on the world's largest low-carbon hydrogen project at one of its facilities. This innovative project will incorporate Honeywell technology to facilitate the capture and storage of carbon dioxide, marking a significant advancement in the pursuit of sustainability within the energy sector.
  • 8 February 2023, 3M introduced a groundbreaking skin adhesive technology that extends the lifespan of wearable monitors to up to four weeks, enhancing the usability and durability of these devices.

  • Rubber compound supplier GIIB Holdings Bhd declared in May 2022 that it has established its first glove production plant in Nilai, Negeri Sembilan. The business disclosed that the new manufacturing facility, which was established by GIIB Healthcare Products Sdn Bhd, a 51%-owned subsidiary, had five double former glove-dipping production lines with a 1.05 billion unit annual production capacity.

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Industrial Safety Gloves Market size was valued at USD 8.0 Billion in 2022 and is poised to grow from USD 8.61 Billion in 2023 to USD 14.76 Billion by 2031, growing at a CAGR of 6.97 % in the forecast period (2024-2031).

The competitive landscape in the safety gloves market is characterized by a multitude of players vying for market share. These companies often engage in strategies such as product innovation, mergers and acquisitions, and geographic expansion to gain a competitive edge. 'Honeywell Safety Products (US)', '3M Corporation (US)', 'Ansell (Australia)', 'Showa Group (Japan)', 'Carolina Glove & Safety Company (US)', 'Superior Gloves (Canada)', 'Southern Gloves Inc. (US)', 'UVEX Safety Group (Germany)', 'Longcane Industries (Malaysia)', 'Shandong Yuan Latex Gloves (China)', 'Marvel Glove Industries (Malaysia)', 'Kanam Latex Industries Pvt. Ltd. (India)', 'Hartalega Holdings Berhad (Malaysia)', 'Kimberly-Clark Corporation (US)', 'Radians Inc. (US)', 'MCR Safety (US)', 'Semperit AG Holding (Austria)', 'Towa Corporation (Japan)', 'Globus Group (UK)', 'MAPA Professional (France)'

A major key driver for the safety gloves market is the escalating emphasis on workplace safety across various industries. With a growing awareness of the importance of protecting employees from workplace hazards, companies are increasingly investing in personal protective equipment, including safety gloves. Stricter regulatory requirements and a heightened focus on employee well-being are compelling businesses to ensure that their workers are equipped with appropriate safety gear. This trend is driving consistent demand for a wide range of safety gloves, ranging from industrial to medical and specialized gloves, thereby propelling market growth.

Sustainable Manufacturing and Eco-Friendly Materials: One major key market trend in the safety gloves industry is the increasing emphasis on sustainable manufacturing practices and the use of eco-friendly materials. With growing environmental awareness, manufacturers are transitioning to greener production processes and sourcing materials that reduce the environmental footprint of safety gloves. This trend is driven by both regulatory pressures and consumer demand for environmentally responsible products, signaling a shift towards a more sustainable and eco-conscious safety gloves market.

North America held a dominant position in the safety gloves market. This was primarily due to stringent occupational safety regulations and a strong focus on workplace safety across industries in the region. North America's mature industrial base, coupled with a high level of awareness regarding personal protective equipment (PPE), contributed to its leadership in the market.

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Global Industrial Safety Gloves Market

Report ID: SQMIG20F2010

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