Protective Gloves Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027Price: 3200/- USD | Published Date: April 29, 2020 |
The global protective gloves market size was valued at more than USD 7 billion in 2019 and expected to register a higher CAGR of more than 7% during the forecast period 2020 to 2027. The market growth is driven by its increasing use in various industries such as the healthcare, manufacture, and construction sector. Increasing awareness of workerâ€™s safety across various industries such as mining, construction, manufacturing, oil & gas industry, chemical, and food & beverage industries are fueling the market growth. In addition, cohesive government policies for workerâ€™s safety are increasing the adaptation of safety gloves across the globe.
Workplaces that include sharp-edged materials such as glass, metal, and abrasive materials will boost market growth. Furthermore, the growing concern of hand injuries in construction and manufacturing industries has contributed to the market growth significantly. The market is segmented on the basis of type, material, end-use, and region. On the basis of material, the market is segmented into nitrile, latex, neoprene, vinyl, leather, and aramid fiber. By material, the latex material segment dominated the global protective gloves market and expected to grow at a significant CAGR of more than 6% during the forecast period.
On the basis of type, the reusable protective gloves are dominating the market in previous year and expected to grow at the same trend in the forecast period. By end-use, the healthcare segment held the largest share of protective gloves market in terms of revenue and expected to grow at the highest CAGR during the forecast period. By region, North America held the largest market share in 2019 in terms of revenue and the Asia Pacific is accounted as the fastest-growing region of the protective gloves market during the forecast period.
The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.
Global protective gloves market size and forecast were obtained by using "Bottom-up" and "Top-down" approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which helps to formulate competitive market strategies and make informed decisions.
Protective Gloves Market research report presents the analysis of each segment from 2018 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2020 to 2027.
Protective Gloves Market Segmentation:
- Medical & Healthcare
- Food & Beverage
- Oil & Gas
List of Key Companies:
- 3M Company
- Ansell Ltd.
- Avon Rubber p.l.c
- Lindstrom Group
- North America Market Revenue and/or Volume
- Europe Market Revenue and/or Volume
- Asia Pacific Market Revenue and/or Volume
- Middle-East and Africa Market Revenue and/or Volume
- Latin America Market Revenue and/or Volume
The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
- Research Methodology
- Research Scope
- Executive Market Summary: Industry Snapshot
- Industry Outlook
- Critical Success Factors (CSFs) for the Market
- Market Dynamics
- Key Opportunities
- Market Porters Five Force Analysis
- Market Value Chain/Ecosystem Analysis
- Market Attractive Investment Proposition
- Market PESTEL Analysis
- Market Positioning of Key Vendors
- Market Segmentation Outlook
- Regional Outlook
- Company Profiles of Key Vendors
Key Questions Answered by Protective Gloves Market Report
- Global protective gloves market forecasts from 2020-2027
- Regional protective gloves market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
- Country level forecasts from 2020-2027 covering 15 major countries from aforementioned regions
- Protective Gloves submarket forecasts from 2020-2027 covering submarket 1, submarket 2 submarket 3
- Various industry models such as SWOT analysis, Pestle Analysis, Porter's Five Force model, Value Chain Analysis pertaining to protective gloves market
- Analysis of the key factors driving and restraining the growth of the global, regional and country level protective gloves markets from 2020-2027
- Competitive Landscape and market positioning of top 10 players operating in the protective gloves market
- Profiles and market share of the leading 10 companies in 2019 at a global level
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