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| Global Industrial Hand Protection Gloves Market Size |
The industrial hand protection gloves market consists of numerous types of
gloves that are designed to protect hands from dangers such as cuts, burns,
chemicals, vibration, electricity and other occupational hazards. Cut-resistant
gloves are commonly used in industries involving metal fabrication and glass
handling while chemical-resistant gloves protect hands from corrosive liquids
and gases in industries such as oil and gas, chemical, healthcare and
automotive. The need for hand protection arises in various industries due to
risk of hand injuries from sharp objects, extreme temperatures, chemicals and
electricity. Protective gloves act as the first line of defense against such
occupational hazards.
The Global
Industrial Hand Protection Gloves Market Size is estimated to be valued
at US$ 16360.51 billion in 2024 and is expected to exhibit a CAGR of 13.% over
the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Industrial Hand Protection Gloves are EcoFlow
Tech, Goal Zero, Renogy, Anker Innovations Limited, BioLite Inc., Nekteck Inc.,
Suaoki, X-DRAGON, ALLPOWERS, RAVPower, BigBlue, SunPower Corporation,
Powertraveller International Ltd, Yingli Green Energy Holding Company Limited,
Kingsolar. These players are focusing on offering innovative gloves using
advanced materials to provide higher cut and abrasion resistance for industries
with hazardous working environments such as oil and gas, automotive, and
construction.
The industrial hand protection gloves market offers significant opportunities
for manufacturers due to various regulations mandating the use of gloves across
industries to ensure employee safety. Rising industrialization in developing
nations will further drive the demand for safety gloves.
Key players have been expanding their global presence through partnerships and
new product launches to capitalize on increasing worldwide demand for
protective gloves. The growing economies in Asia Pacific and Middle East
regions with large industrial bases present lucrative growth prospects.
Market Drivers
Stringent employee safety regulations across core industries mandate the use of
protective handgear. Non-compliance can result in heavy penalties which compel
industries to provide suitable gloves to workers. This acts as a key driver for
industrial hand protection market.
Increasing instances of hand injuries in industrial settings exert mounting
pressure on companies to prioritize employee safety through provision of
appropriate gloves. Rising awareness about dangers of workplace hazards also
drives the adoption of protective handwear.
Market Restraints
High prices of specialized gloves designed for hazardous environments limit
their widespread adoption, especially in cost-sensitive small and medium
industries in developing regions. This serves as a major restraint.
Frequent replacement requirement of gloves due to damage and wear-and-tear adds
to the overall cost of ownership. This discourages procurement of protection
gloves in low budget settings.
Segment Analysis
This industrial hand protection gloves market can be segmented based on
material, type, application and end-use industry. The leather gloves segment
currently dominates the market owing to their durability and resistance to cuts
and abrasions. Leather gloves are suitable for heavy-duty applications in
industries like automotive, oil & gas, construction etc. where workers are
exposed to risks of cuts, burns and impacts. The synthetic gloves segment is
expected grow at a higher CAGR during the forecast period due to their water
resistance and breathability properties which make them ideal for usage in food
and pharmaceutical industries.
Global Analysis
The Europe region currently dominates the industrial hand protection gloves
market owing to stringent worker safety regulations and a large number of
manufacturing establishments in countries like Germany, UK, France etc. The
growing construction activities along with recovery of the automotive sector
post pandemic has been driving the demand for gloves in Europe. Asia Pacific
region is expected to grow at the fastest rate during the forecast period due
to growth of manufacturing industries in developing economies of China, India
and Southeast Asian countries.
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Hand Protection Gloves Market