According to Future Market Insights, the global industrial safety gloves market will reflect a moderate CAGR through the forecast period, 2017 to 2026. Worldwide sales of industrial safety gloves are estimated to account for over US$ 9,500 Million in revenues by 2026-end.
Industrial safety gloves are increasingly being employed in various industrial settings to guarantee employee safety in the work environment. Growing awareness among consumers regarding health and hygiene, the mounting number of accidents at workplaces, and the need for safety against hazardous chemicals and equipment handling has fuelled the adoption of industrial safety gloves. Disposable gloves are being relatively more favored in end-use industries.
Gain expert insights and supercharge your growth strategies. Request our market overview sample now:
https://www.futuremarketinsights.com/reports/sample/rep-gb-6141
Comparatively lower cost than re-usable gloves is a major factor driving demand for disposable gloves. Industries are obligated for ensuring their workers’ safety from occupational operational hazards. Various standards and laws have been enlisted by the Occupational Safety and Health Administration (OSHA), which are required to be complied with by the industrial sectors. This further creates demand for various industrial safety gloves such as neoprene gloves or nitrile gloves.
Robots have been increasingly replacing manpower in manufacturing as well as various other industrial sectors. There has been robust and huge negative effects of implementing robots on wages and employment across economies influenced by automation. Proliferated adoption of automation in various industrial settings are likely to reduce human efforts, as it enables increased accuracy and higher operational efficiency. This will subsequently limit demand for personal protective equipment such as industrial safety gloves to certain specific operations. One of the recent trends being observed in the global industrial safety gloves market is the utilization of recyclable & green materials.
Sales of Industrial Safety Gloves in Europe will Register the Highest CAGR through 2026
North America dominated the global industrial safety gloves market in 2017. However, the market in Europe is projected to outpace that in North America, to become the most remunerative market for industrial safety gloves by 2026-end. Sales of industrial safety gloves in Europe will register the highest CAGR through 2026, followed by those in Asia-Pacific excluding Japan (APEJ). Revenues from industrial safety gloves’ sales in APEJ will exceed US$ 2,000 Mn by 2026-end.
On the basis of product type, chemical protective gloves are expected to remain the leading revenue contributor to the market, followed by leather gloves. Rubber insulating gloves are also anticipated to account for a major portion of the market’s revenue share by 2026-end. Sales of metal mash and fabric gloves will exhibit the fastest expansion in the market through 2026. In addition, sales of rubber-insulating gloves and synthetic gloves are projected to register a parallel expansion through 2026.
Manufacturing Sector to Remain Dominant End-user in the Market
Based on end-user, the manufacturing sector will remain dominant in the market, in terms of revenues, although witnessing a relatively slower expansion through 2026. Revenues from sales of industrial safety gloves in transportation and mining will register a parallel increase through 2026, In addition, Pharmaceuticals and food industries are anticipated to remain the fastest expanding end-users of industrial safety gloves, exhibiting a similar CAGR through 2026.
Vendors in the global industrial safety gloves market are now finding options for reducing the amount of scrap and decreasing their reliance on petrochemical resources. In addition, these vendors are focusing on using materials with a minimum carbon footprint for the production of industrial safety gloves. Key market participants sustaining growth of the market, as identified by the report, include 3M Co., E I Du Pont De Nemours and Co., Honeywell International Inc., Lakeland Industries Inc., Alpha Pro Tech Ltd., Ansell Limited, Uvex Safety Group, Grainger, Inc., Bullard, and Kimberly-Clark.
Unlock Exclusive Market Segments Insights: Buy Now to Discover Vital Trends, Drivers, and Challenges in this Industry
https://www.futuremarketinsights.com/checkout/6141
Industrial Safety Gloves Market Segmentation:
Product Type:
- Leather gloves
- Aluminized gloves
- Aramid gloves
- Disposable gloves
- Synthetic gloves
- Metal Mash
- Fabric gloves
- Coated fabric gloves
- Chemical Protective gloves
- Rubber Insulating gloves
End User:
- Manufacturing
- Construction
- Oil and Gas
- Transportation
- Pharmaceuticals
- Chemicals
- Food
- Mining
- Agriculture
- Defense & Maritime
Region:
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube