February 28, 2024

The Global Industrial Hand Protection Gloves Market Growth Accelerated By Increased Product Adoption

Industrial hand protection gloves provide protection against chemical, mechanical, thermal and other hazards. They protect industrial workers from cuts, burns, skin damage and other injuries. Features like enhanced durability, flexibility, grip and breathability have increased their adoption across industries like oil and gas, construction, automotive, chemicals and manufacturing.

The global Industrial Hand Protection Gloves Market is estimated to be valued at US$ 14201.83 Mn in 2023 and is expected to exhibit a CAGR of 9.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Manufacturers are developing advanced gloves with added features to provide enhanced protection, comfort and performance. For instance, gloves embedded with sensors to monitor workers’ safety or gloves made using composite materials offering cut and puncture resistance. Smart gloves are also gaining popularity, integrated with technology to enable communication or track hand movements. Furthermore, growing awareness about safety at workplaces along with stringent workplace safety regulations have increased demand for high-quality industrial gloves across industries. Replacement of traditional leather gloves with modern cut-resistant gloves made using materials like Kevlar and Twaron has further accelerated market growth.

Segment Analysis
The global industrial hand protection gloves market can be segmented based on product type, material type, protector type, and application. Based on product type, the disposable gloves segment is expected to dominate the market during the forecast period. Disposable gloves offer advantages such as less risk of cross-contamination and lower rates of transmission of infectious agents, making them suitable for applications were hygiene is of prime importance.

Key Takeaways
The Global Industrial Hand Protection Gloves Market Size is expected to witness high growth during the forecast period of 2023-2030. The rapid industrialization and adoption of industrial safety standards are driving the market growth. The global Industrial Hand Protection Gloves Market is estimated to be valued at US$ 14201.83 Mn in 2023 and is expected to exhibit a CAGR of 9.1% over the forecast period 2023 to 2030.

Regional analysis:
The Asia Pacific region currently dominates the global industrial hand protection gloves market and is expected to grow at the fastest rate during the forecast period. Improving safety standards and rising industrial activities in countries such as China, India, Japan, and South Korea are fueling the growth of the industrial hand protection gloves market in Asia Pacific.

Key players:
Key players operating in the industrial hand protection gloves market are Burcon Nutrascience, Cosucra Groupe Warcoing, Nutri Pea Limited, Sotexpro, Roquette Freres, Glanbia Plc., Fenchem Biotek Ltd., Prinova Group LLC. They are focusing on new product launches and expansions to strengthen their market position.

Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it