By the end of 2032, Safety Gloves Market is expected to grow at a 7.2% CAGR from its current market size of US$ 11.84 billion to US$ 23.73 billion.
Currently, safety glove sales account for 14%–17% of the world’s total glove market.
Safety glove demand grew globally from 2017 to 2021 at a remarkable CAGR of 6.4%, with the U.S., Japan, China, India, and the U.K. having sizable market shares and taking the lead. By the end of 2021, the global market had generated revenues totaling US$11.13 billion.
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The industrial environment has become increasingly sophisticated over time, yet, it still has a significant risk of accidents. Sharp items, heat and cold, chemical burns, contact dermatitis, and many infectious disorders can all be avoided just by wearing safety gloves while working in different setups.
The Texas Department of Workers Compensation (DWC) reported a significant rise in workplace injuries, with strains, sprains, and cuts accounting for a majority of accidents. According to DWC, many of them were major injuries, using data from the U.S. Bureau of Labor Statistics.
All in all, the worldwide safety gloves market is being driven by an increasing number of cases of industrial injuries, and the market is projected to expand more than 2X over the next ten years.
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The U.S. safety gloves market holds a major share of 74.3% of the North American region. The market is also anticipated to progress at a rapid pace during the forecast period.
The U.S. is a developed country with abundant end-use industries for safety gloves, such as manufacturing, healthcare, real estate, and others. The government in this country is strict and has passed stringent regulations for the safety of working individuals.
As a result, if any anomalies are discovered, the employer faces severe fines, and it also develops a negative image of the organization among consumers and in the market. Over the projected period, stringent government rules are likely to drive the demand for safety gloves across end-use sectors in the country.
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Key Segments Covered in Safety Gloves Market Industry Research
By Product Type:
Disposable Gloves
- Surgical Gloves
- Sterile Gloves
- Chemical and Liquid Resistant Gloves
- Others
Durable Gloves
- Chemical and Liquid Resistant Gloves
- Heavy Duty Gloves
- Thermal Gloves
- Others
By Material Type:
- Natural Rubber
- Nitrile
- Neoprene
- Vinyl
- Leather
- Others
By End Use:
- Medical & Healthcare
- Food & Beverages
- Chemicals
- Manufacturing
- Construction
- Oil & Gas
- Mining
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East Africa
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