The scope of our recent study on the "Industrial Gloves Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Disposable and Reusable), Material (Natural Rubber, Vinyl, Polyethylene, Nitrile, and Others), and End-Use Industry (Manufacturing, Construction, Food & Beverages, Oil & Gas, Pharmaceutical, and Others)" includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.

The industrial gloves market was valued at US$ 9,174.06 million in 2021 and is projected to reach US$ 16,119.54 million by 2028; it is expected to grow at a CAGR of 7.5% from 2021 to 2028. Industrial gloves are actively used for protection against chemicals and other hazardous liquids in chemical industries. The industrial gloves market is highly competitive due to the presence of several regional and global players. Players operating in the market are competing based on product quality, price, and product differentiation. The global industrial gloves market is segmented by type, material, end-use industry, and geography.

Based on end-use industry, the global industrial gloves market is segmented into manufacturing, construction, food & beverages, oil & gas, pharmaceutical, and others. The manufacturing segment held the largest share of the global industrial gloves market in 2020. Industrial gloves are being increasingly used in the manufacturing industry as it includes the usage of heavy machinery for production that requires industrial gloves for safety. The strong regulations and regulatory norms for reducing work-related accidents led to a rise in demand for various types of industrial gloves in the manufacturing industry.

The global industrial gloves market is segmented into five main regions-North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America. Asia Pacific held the largest revenue share of the global market in 2020. Major factors driving the industrial gloves market growth in the Asia Pacific region are the high demand for gloves from the healthcare industry and the strong electronics and construction industries. Strong electronics and construction industries in countries such as China and India create a huge demand for industrial gloves. Moreover, players operating in Asia Pacific industrial gloves market are focusing on adopting different strategies such as investments in research and development activities and new product launches, thereby fueling the market growth in the region.

Impact of COVID-19 Pandemic on Industrial Gloves Market

Many economies were affected due to the COVID-19 pandemic. The market also experienced the tremors of the disturbed raw material supply chains. The disruptions in the raw material supply chain and reduced demand from different industries adversely impacted the growth of the market. Further, North America has a lot of industries that use industrial gloves, and the adverse effect of the COVID-19 pandemic on manufacturing, construction, chemical industries negatively impacted the demand for gloves from these industries. However, the pandemic created opportunities for gloves manufacturers to increase their production lines and produce more gloves to fulfill the demand for gloves for medical and healthcare usage.

The report includes the segmentation of the global industrial gloves market as follows:

Based on type, the global market is segmented into disposable and reusable. Based on material, the global market is segmented into natural rubber, vinyl, polyethylene, nitrile, and others. The global market, based on end-use industry, is segmented into manufacturing, construction, food & beverages, oil & gas, pharmaceutical, and others. By geography, the global market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America includes countries like the US, Canada, and Mexico. Europe includes Germany, France, the UK, Italy, Russia, and the Rest of Europe. Asia Pacific includes China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The Middle East & Africa (MEA) includes South Africa, Saudi Arabia, the UAE, and the Rest of the MEA. South & Central America includes Brazil, Argentina, and the Rest of South & Central America.

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