Global Industrial Gloves Market is Expected to Reach $9 Billion 2024, Says Variant Market Research Global Industrial Gloves Market Report, published by Variant Market Research, forecast that the global market is expected to reach $9 billion by 2024 from $4 billion in 2016; growing at a CAGR of 8.6% from 2016 to 2024. By geography, Asia Pacific and North America are expected to grow at a CAGR of 9.6% and 8.5%, respectively, during the forecast period. Increasing awareness for safety and hygiene at workplaces is expected to drive the industrial gloves market. Moreover, rapid industrialization and rules and regulations supporting the use of protective gears at workplaces is also boosting the market growth. However, fluctuations in raw material prices and availability of substandard products may limit the growth of the market. Furthermore, initiatives taken by government organizations and increasing R&D for product innovations provide growth opportunities in the upcoming years. Browse Complete Report @ https://www.variantmarketresearch.com/reportcategories/consumer-goods/industrial-gloves-market
The global industrial gloves market is bifurcated into products type, application, and material type. By product type, the global industrial gloves market is further segmented into re-usable gloves and disposable gloves. Disposable gloves accounted for the largest market share in 2016, and are likely to continue its dominance during the forecast period 2016-2024. Moreover, by application, the market is segmented as pharmaceuticals, food, healthcare, chemicals, manufacturing and others. Pharmaceuticals and chemicals dominated the applications segment accounting about 26.3% and 25.1% respectively in 2016. Geographically, the market has been segmented into North America, Europe, Asia-Pacific and rest of the world (RoW). North America accounted for the largest market share of 37.4% in 2016, owing to increase in the number of accidents and stringent regulations regarding worker safety. Europe accounted for the second largest market share of 29.6%. In terms of growth, Asia-Pacific is expected to attain the fastest CAGR of 9.6% during the forecast period 20162024, owing to the rapid industrialization and expansion of railways in the countries such as India and China among others. Get Sample Copy Of This Report @ http://bit.ly/2pZaocf
Market players have used various strategies to increase their market share. For instance, in January 2016, Southern Glove, Inc., had introduced a new protective glove, called as the Arctic Gripper thermal glove, which is designed to provide warmth, comfort and dexterity under cold or icy working conditions. The major players in the market include Honeywell Safety Products, 3M Corporation, Showa Group, Ansell Ltd., MSA Safety, Lakeland Industries, Inc., Bacou-Dalloz, Inc., Liberty Gloves & Safety, Inc., Westchester Holdings, Inc, Protective Industrial Products Inc., Southern Glove, Inc., and Towa Corporation among others. Scope of Industrial Gloves Market Product Type Segments • •
Re-Usable Gloves Disposable Gloves
Applications Segments • • • • • •
Healthcare Pharmaceuticals Food Manufacturing Chemicals Others
Material Type Segments • • • • • •
Nitrile Vinyl Neoprene Rubber Polyethylene Others
Geography Segments •
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North America o US o Canada o Mexico Europe o Germany o U.K. o France o Italy o Others Asia-Pacific o India o Japan o China o Others RoW o South America o Middle East o Africa Table Of Content Chapter 1. Prefix 1.1 Market Scope 1.2 Report Description 1.3 Research Methodology 1.3.1 Primary Research 1.3.2 Secondary Research 1.3.3 In-house Data Modeling
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Chapter 2. Executive Summary
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Chapter 3. Market Outline 3.1 Market Inclination, Trend, Outlook and Viewpoint 3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Value Chain Analysis 3.4 Market Dynamics 3.4.1 Drivers 3.4.1.1 Impact Analysis 3.4.2 Restraints 3.4.2.1 Impact Analysis 3.4.3 Opportunities 3.5 Porter’s five forces analysis 3.5.1 Factors Impact Analysis …………. Chapter 8. Company Profiles 8.1 Honeywell Safety Products 8.2 3M Corporation 8.3 Showa Group 8.4 Ansell Ltd. 8.5 MSA Safety 8.6 Lakeland Industries, Inc. 8.7 Bacou-Dalloz, Inc. 8.8 Liberty Gloves & Safety, Inc. 8.9 Westchester Holdings, Inc 8.10 Protective Industrial Products Inc Contact Us : VARIANT MARKET RESEARCH LLP Web: https://www.variantmarketresearch.com/ USA Office: 649 Mission St., 5th Floor, San Francisco, CA 94105, United States. Tel: +1-415-680-2785
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