The global hand gloves market size is projected to expand in a promising manner owing to the increasing demand for gloves in diverse industries, finds Fortune Business Insights™ in its report, titled “Hand Gloves Market, 2023-2030”.
With industrial operations becoming more complex and dangerous, the demand for hand gloves has been steadily rising across industries. For example, there has been an increasing demand for protective gloves in the pharmaceutical industry as these gloves can prevent the spread of harmful particles entering into factories, plants, and research units. Further, the use of hand gloves will help to reduce the risk of infectious diseases, which is considered a major driving factor responsible for the growth of this market. In chemical manufacturing, protective gloves ensure that the hands are kept safe from lethal chemicals and compounds. Furthermore, the manufacturing and distribution of innovative gloves with new materials by key players are also projected to drive the market’s growth.
Fortune Business Insights™ lists out all the hand gloves market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
- The gloves Corporation Bhd
- Ansell Limited
- Kimberly Clark
- The 3M Company
- Supermax Corporation Berhad
- Hartalega Holdings Berhad
- Semperit AG Holding
- Rubberex Corp. M Bhd
- Kossan Rubber Industries Bhd
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Highlights/Summary:
This research report offers an in-depth study of the driving factors, restraints, and trends related to the growth of the market. In addition, this report offers a detailed evaluation of the segments and regional developments in the market. Further, this report also incorporates a comprehensive analysis of the strategies adopted by the leading players to boost their market position.
Drivers/Restraints:
Surge in the Demand for Hand Gloves in the Chemicals Industry to Propel Market Growth
There has been an increase in the demand for hand gloves across the world owing to the growing health concerns due to the frequent outbreak of epidemic diseases such as cholera, chikungunya, malaria, and others. For instance, the outbreak of the Ebola virus in West Africa resulted in a total of 11,310 deaths across the country, as stated by the WHO (World Health Organization). The importance of using disposable gloves while working in chemicals and machinery industries has increased as these gloves can keep your hands safe from hazardous germs and particles and can keep your hands clean. This is also one of the main driving factors resulting in the growth of this market.
Regional Insights:
Increasing Demand for Hand Gloves in the Infrastructure Sector to Boost the North America Market Growth
North America region is expected to witness a significant growth in the hand gloves market share owing to the surge in the usage of gloves in activities such as cooking, waste collection, and others. Further, the increasing number of activities in the real estate sector, such as the construction of bridges and buildings, is fuelling the growth of this market in this region.
Asia Pacific is another region projected to show rapid growth in this market on account of the rising demand for examination gloves in the medical sector and the food and beverage industry.
Market Segmentation:
On the basis of product type, the market is divided into disposable and durable. Based on material use, this market is classified into rubber, leather, plastic, and others. By end-use, the market is categorized into medical, oil and gas, chemical, and others. In terms of geography, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
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Competitive Landscape:
Rising Competition among the Key Market Players to Fuel Market Growth
The constantly increasing competition among the key market players in the manufacturing and distribution of a wide variety of hand gloves across different regions is enhancing the potential of this market. These leading companies are tapping opportunities by stepping up their investments, thereby securing their position in this market.
The Global Hand Gloves Market Research/Analysis Report Contains Answers to your following Questions:
- Which Manufacturing Technology is used for Hand Gloves ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Hand Gloves Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Hand Gloves Market? What Was Capacity, Production Value, Cost and PROFIT of Hand Gloves Market?
- What Is Current Market Status of Hand Gloves Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Hand Gloves Market Trends by Taking Applications and Types in Consideration?
- What Are Projections of Global Hand Gloves Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Hand Gloves Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Hand Gloves Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Hand Gloves Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Hand Gloves Industry?
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