Industrial hand protection gloves help protect hands from various hazards including cuts, burns, chemicals, vibration and extreme temperatures that may be present in industrial working environments. These gloves enhance worker safety and productivity by preventing injuries.

The global Industrial Hand Protection Gloves Market is estimated to be valued at US$ 14201.83 Mn in 2023 and is expected to exhibit a CAGR of 9.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market key trends:
The growing safety awareness regarding employees in industrial environments has been propelling the demand for industrial hand protection gloves in recent years. Strict employee safety regulations in developed regions like North America and Europe have led manufacturing companies to focus on providing improved personal protective equipment including high-quality industrial gloves to their workforce. Innovation in material and designs of these gloves have also allowed them to offer better protection, sustainability and flexibility to meet the unique demands of varying industrial operations. This has further increased their adoption across industries.


SWOT Analysis

Strength: Industrial hand protection gloves protect workers' hands from hazards such as cuts, abrasions, punctures, chemicals, heat and viruses. They improve safety and prevent hand injuries.

Weakness: Gloves can get easily damaged if used in harsh environments continuously which increases maintenance costs. They can also reduce dexterity and tactile sensitivity of hands.

Opportunity: Increasing industrial safety regulations and awareness about work place safety is driving the demand for industrial gloves. Growing e-commerce is also providing new sales opportunities for glove manufacturers.

Threats: Stiff competition among existing players can lead to pricing pressures. Availability of inexpensive low-quality counterfeit products is also a challenge.

Key Takeaways

The Global Industrial Hand Protection Gloves Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The increasing awareness about workplace safety and stringent regulations regarding worker safety are driving the growth of the market. The global Industrial Hand Protection Gloves Market is estimated to be valued at US$ 14201.83 million in 2023 and is expected to exhibit a CAGR of 9.1% over the forecast period 2023 to 2030.

Regional analysis: North America region currently dominates the industrial hand protection gloves market and is expected to continue its dominance over the forecast period. Strict workplace safety regulations and presence of major glove manufacturers in the US and Canada are contributing to the region's large market share. Asia Pacific region is forecasted to witness the highest growth during the forecast period owing to rising industrial activities, growing manufacturing sector and improving worker safety standards in developing countries such as China and India.

Key players: Key players operating in the industrial hand protection gloves market are Burcon Nutrascience, Cosucra Groupe Warcoing, Nutri Pea Limited, Sotexpro, Roquette Freres, Glanbia Plc., Fenchem Biotek Ltd., Prinova Group LLC. These players are focusing on new product launches, partnerships and acquisitions to gain market share and expand their geographic presence. For example, Ansell recently acquired Safeskin glove business to enhance its product portfolio and better serve healthcare customers.

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