Protective Glove Trends and Forecast
The future of the global protective glove market looks promising with opportunities in the healthcare, manufacturing, food & beverage, oil & gas, construction, and transportation markets. The global protective glove market is expected to reach an estimated $27.0 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are growing incidence of hand injuries in the manufacturing and construction sector, rising demand for disposable protective gloves in healthcare industry, and increasing awareness of industrial safety and hygiene.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Protective Glove by Segment
The study includes a forecast for the global protective glove by material, type, application, end use, and region.
Protective Glove Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Latex
• Nitrile
• Neoprene
• Leather
• Vinyl
• Others
Protective Glove Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Re-Usable
• Disposable
Protective Glove Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Chemical
• Mechanical
• Biological
• Thermal
• Others
Protective Glove Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Healthcare
• Manufacturing
• Food & Beverage
• Oil & Gas
• Construction
• Transportation
• Others
Protective Glove Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Protective Glove Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies protective glove companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the protective glove companies profiled in this report include-
• Ansell
• Top Glove Corporation Berhad
• Honeywell International
• Supermax
• 3M
• Hartalega Holdings
• W.W. Grainger
Protective Glove Market Insights
Lucintel forecasts that chemical will remain the largest segment over the forecast period due to its rising usage to obtain protection against hydrocarbons, organic and inorganic acids, alkali, and other dangerous substances.
Within this market, healthcare is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period due to extensive demand for protective gloves in chemical and healthcare sectors of the region.
Features of the Global Protective Glove Market
Market Size Estimates: Protective glove market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Protective glove market size by various segments, such as by material, type, application, end use, and region in terms of value ($B).
Regional Analysis: Protective glove market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different materials, types, applications, end uses, and regions for the protective glove market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the protective glove market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the protective glove market size?
Answer: The global protective glove market is expected to reach an estimated $27.0 billion by 2030.
Q2. What is the growth forecast for protective glove market?
Answer: The global protective glove market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the protective glove market?
Answer: The major drivers for this market are growing incidence of hand injuries in the manufacturing and construction sector, rising demand for disposable protective gloves in healthcare industry, and increasing awareness of industrial safety and hygiene.
Q4. What are the major segments for protective glove market?
Answer: The future of the protective glove market looks promising with opportunities in the healthcare, manufacturing, food & beverage, oil & gas, construction, and transportation markets.
Q5. Who are the key protective glove market companies?
Answer: Some of the key protective glove companies are as follows:
• Ansell
• Top Glove Corporation Berhad
• Honeywell International
• Supermax
• 3M
• Hartalega Holdings
• W.W. Grainger
Q6. Which protective glove market segment will be the largest in future?
Answer: Lucintel forecasts that chemical will remain the largest segment over the forecast period due to its rising usage to obtain protection against hydrocarbons, organic and inorganic acids, alkali, and other dangerous substances.
Q7. In protective glove market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to extensive demand for protective gloves in chemical and healthcare sectors of the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the protective glove market by material (latex, nitrile, neoprene, leather, vinyl, and others), type (re-usable and disposable), application (chemical, mechanical, biological, thermal, and others), end use (healthcare, manufacturing, food & beverage, oil & gas, construction, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Protective Glove Market, Protective Glove Market Size, Protective Glove Market Growth, Protective Glove Market Analysis, Protective Glove Market Report, Protective Glove Market Share, Protective Glove Market Trends, Protective Glove Market Forecast, Protective Glove Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.