The Industrial Safety Gloves Market is being driven by Increasing product innovations
The Industrial Safety Gloves Market is expected to grow at a CAGR of 6.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3195.6 million. The industrial safety gloves market is experiencing significant growth due to the surge in demand for manufactured goods resulting from infrastructure development, favorable government policies, and increasing disposable incomes. The intensive use of locomotives, machinery, and construction equipment necessitates precise cutting operations, thereby boosting the demand for safety gloves. These gloves offer superior cut resistance and deliver excellent performance. Notable companies, such as Globus Group, are introducing innovative products catering to various end-user industries. For instance, Protective Industrial Products Inc. launched the MaxiCut Ultra Gloves in May 2024, which are 100 percent silicone-free, Oeko-Tex certified, and dermatologically accredited, ensuring both cut protection and skin safety for workers in sectors including healthcare, food industry, pharmaceutical, laboratories, automotive, and engineering.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
233 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.9% |
Market growth 2025-2029 |
USD 3195.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
6.6 |
Key countries |
US, China, Germany, Japan, UK, Canada, India, South Korea, Australia, and Mexico |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Industrial Safety Gloves Market encompasses gloves with features such as impact and tear resistance, water and thermal protection, reinforced fingertips, grip enhancers, and wrist support. These gloves are essential for various industries including machine operation in manufacturing, assembly lines, service industries, emergency services, law enforcement, fire fighting, and more. High visibility and reflective materials ensure safety in low-light conditions. Standards like ASTM F1671, ANSI/ISEA 105, and CE marking guarantee quality and safety. Proper glove sizing, care, maintenance, disposal, selection, fitting, inspection, and ergonomic design are crucial for preventing hand fatigue, injuries, irritation, and allergies. Sustainable manufacturing practices, such as the use of recycled materials and renewable resources, as well as AI and ML technologies, are increasingly important trends in this market.
The Industrial Safety Gloves market is a significant segment within the expansive global apparel, accessories, and luxury goods industry. This market caters to companies specializing in the production and distribution of industrial safety gloves, which provide essential protection against cut resistance, abrasion resistance, puncture resistance, and chemical resistance. The parent market, encompassing textiles, apparel, footwear, accessories, and luxury goods, generates substantial revenue through the combined sales of these product categories. Key growth drivers for the global apparel, accessories, and luxury goods market include the increasing working population of women, leading to increased disposable income and subsequent spending on safety apparel. Additionally, the demand for industrial safety gloves is fueled by the growing awareness of workplace safety regulations and the need for employee protection. These factors are expected to significantly contribute to the growth of the industrial safety gloves market in the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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