Published By : 16 Aug 2016 | Published By : QYRESEARCH
The recent rise in various industries such as chemicals, pharmaceuticals, and food and beverages has led to a remarkable growth in the demand for industrial gloves. The growing awareness among consumers regarding healthcare and personal hygiene and the increasing number of workplace accidents are the key driving force behind the considerable surge in the demand for industrial gloves across the world.
The pharmaceutical industry, among all, has surfaced as the leading consumer of industrial gloves. Experts project the demand for these gloves from the pharmaceutical industry to continue to rise substantially over the years to come. The food and beverage industry is also projected to report steady growth in the demand for these gloves in the near future.
Europe and North America to Remain Key contributor to Demand for Industrial Gloves
The global market for industrial gloves stretches across Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Among these, Europe and North America have emerged as the leading consumers of industrial gloves.
In 2015, both the regions, collectively, accounted for a share of more than 60% in the overall revenue generated in this market. Analysts expect Europe and North America to remain the key contributor to this market over the next few years.
Asia to Present Lucrative Opportunities to Industrial Gloves Manufacturers
Asia Pacific, on the other hand, is likely to present the most attractive growth prospects to industrial gloves manufacturers over the next few years. The significant growth of the chemicals, pharmaceuticals, and food and beverages industries in this region is expected to create a remarkable demand for industrial gloves in Asia Pacific. The implementation of strict mandates pertaining to employees’ safety in industries with risky work environments is also projected to fuel the consumption of industrial gloves in this region in the coming years.
3M Corp., Ansell Ltd., Honeywell Safety Products, Holding Towa Corp., Semperit A.G. Holding, Showa Group, MSA Safety, and E.I. DuPont De Nemours and Co. are the key manufacturers of industrial gloves across the world.