Industrial Hand Protection Gloves Market Is Estimated To Witness High Growth Owing To Increased Focus On Workplace Safety &Stringent Regulatory Standards
The Industrial Hand Protection Gloves Market is estimated to be valued at US$ 11,485.1 million in 2023 and is expected to exhibit a CAGR of 11.20% over the forecast period from 2021 to 2028, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Industrial hand protection gloves help protect hands from risks such as cuts, burns, and chemical hazards. These gloves are made from various materials such as leather, rubber, nitrile, and kevlar to suit different working applications in industries such as manufacturing, construction, chemicals, and oil & gas. With stringent workplace safety regulations, industrial hand gloves have become a necessary part of personal protective equipment.
Market Dynamics:
Growth in the industrial hand protection gloves market is driven by the increasing focus on workplace safety and stringent regulatory norms pertaining to worker safety. Regulatory bodies such as Occupational Safety and Health Administration (OSHA) have set guidelines and standards for use of protective gear in various industries. Non-compliance can lead to penalties and lawsuits which is prompting industries to adopt appropriate industrial gloves. Furthermore, risk of various infections and diseases from chemical exposure is also boosting the demand for hand protection gloves. Materials like nitrile and neoprene used in glove manufacturing provide high chemical resistance. Growing industries like construction, automotive, chemical processing are further expected to support market growth over the forecast period.
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