Protective Gloves Market is Projected to Experience Promising Growth Opportunities in the Forecast Period 2022-2030 – Indian Defence News

2022-06-18 23:31:46 By : Mr. Nick liu

Global Protective Gloves Market: by Material (Vinyl, Latex, Nitrile, Neoprene, and Leather), by Type (Reusable and Disposable), by End-Use Industry (Automotive & Transportation, Oil & Gas, Manufacturing, Healthcare, Food & Beverages, Construction, and Others), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025) 

The protective gloves market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region wise and segment-wise market share/growth analysis. The report’s study will outlook one of the most exhaustive analyses of the market, capturing all the protective gloves market aspects.

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The protective gloves market size is USD 9.8 billion in 2019 and is expected to register a 7.0% CAGR during the forecast period, 2020-2025. The development of HPPE (High-Performance Polyethylene) gloves is gaining traction across the globe, backed by its high safety features compared to nylon and polyester. Further, the trend for advanced gloves material, such as cut-resistant material, increases, owing to its increasing demand in the manufacturing industry. These factors will augment the global protective gloves market over the forecast period.

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The outbreak of COVID-19 resulted in the rapid increase in the demand for protective gloves across several sectors, primarily the healthcare and industrial sectors. The industrial sector, including manufacturing, oil & gas, and food & beverages, has increased the use of protective gloves to follow the safety guidelines as issued by respective governments, intending to contain the virus’s spread. This creates many opportunities for the new players and small-scale players to mark their presence in the regional market and offer low-cost prices and high-quality products to the end-users. Therefore, with the outbreak of the COVID-19, there is a significant surge in demand for protective gloves that have been seen across the globe, which has positively impacted the protective gloves market value in 2020 and subsequent years.

The report outlines the global protective gloves market study based on material, type, and end-use industries.

Based on the material, the protective gloves market has been segmented into –

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Based on the type, the protective gloves market has been segmented into –

Based on the end-use industry, the protective gloves market has been segmented into –

Protective Gloves Market by Type, 2018-2025 (USD Billion)

Based on the region, the global protective gloves market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2019, North America held the largest share in the global protective gloves market, followed by Europe and Asia-Pacific. North America is further estimated to dominate the global protective gloves market during the forecast period. Moreover, Asia Pacific is expected to project the highest CAGR globally over the forecast period.

The global protective gloves market is highly fragmented, with the presence of a large number of small players across the globe. The vital protective gloves manufacturers operating in the global market are –

The protective gloves market report provides a thorough analysis of macro-economic factors and every segment’s market attractiveness. The report will include an in-depth qualitative and quantitative assessment of segmental/regional outlook with the market players’ presence in the respective segment and region/country. The information concluded in the report includes the inputs. 

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