According to the latest research, the global Gloves market size was valued at USD 24739.1 million in 2022 and is expected to expand at a CAGR of 9.5% during the forecast period, reaching USD 42638.7 million by 2028.
Gloves cover the whole hand. Gloves protect and comfort hands from cold or high temperature, friction, abrasion, chemicals and diseases; Or in turn, provide protection for things that should not be touched by bare hands.
Influence of Covid19 Ends on Gloves Industry Development
In the past year, the most influential factor in this industry was the COVID-19 epidemic. Health care professionals who distribute vaccines, detect viruses and collect blood samples for antibody detection need a lot of gloves and other personal protective equipment; Those involved in studying viruses also need them.
In addition, since the outbreak, disposable gloves have been an important part of personal protective equipment needed by health care professionals. In addition, consumers bought gloves in the early stage of the epidemic, and this demand forced suppliers to speed up production. The introduction of disposable gloves into developing countries and other previously unexplored markets has also affected the industry.
Although the epidemic has been controlled to some extent, it does not mean that its influence on the market has stopped. Even vaccines and other remedies (antiviral drugs, plasma, etc.) is becoming more and more popular, and its influence will take several months to circulate in society.
Other global changes are expected to affect the industry. The global population growth, especially the aging population growth, should promote the demand for personal protective equipment, especially disposable gloves. In developing countries, rapid industrialization combined with the growth of health care industry should also stimulate significant market growth.
Drivers
Increasing concern about worker safety
Increasing attention to workplace worker safety is driving the global glove market. It is expected that during the forecast period, workers in industries such as automation, construction, medical, mining, oil and gas, petroleum, chemical, agriculture, fertilizer, food processing, aviation, etc. will increasingly implement safety regulations, which will provide the power.
Due to the huge demand for gloves that protect various chemical reagents, explosive chemicals and biological agents, the rapid growth of the global pharmaceutical and healthcare industries will drive the development of the industrial gloves market. Industrial gloves prevent harmful chemicals and protect workers from any physical hazards. Workers and technicians in the health care sector deal with various chemical or acidic substances, which are inherently cancerous or acidic and can seriously damage the skin and body. Therefore, the growing focus on health and safety regulations in the workplace is expected to drive the growth of the global glove market.
Region Overview:
Europe had the highest growth rate of all regions.
Company Overview:
Hartalega Holdings is one of the major players operating in the Gloves market, holding a share of1.84% in 2023.
Hartalega Holdings Bhd is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. The company's gloves are used in laboratories and healthcare facilities. The gloves are also sold to manufacturers of semiconductors and consumer electronics and for automotive maintenance and spray painting.
Segmentation Overview:
By type, Synthetic Gloves segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Industrial segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Gloves industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Gloves. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Gloves Market Report Include:
Market Size Estimates: Gloves market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Gloves market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Gloves market
Segment Market Analysis: Gloves market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Gloves market situations and prospects in major and top regions and countries
Gloves Market
Gloves Industry Chain: Gloves market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Gloves Industry News, Policies by regions
Gloves Industry Porters Five Forces Analysis
Key players in the global Gloves market are covered in Chapter 2:
Supermax
Hartalega Holdings
Kossan Rubber Industries Bhd
Top Glove
Ansell
Cardinal Health
Sempermed
Jaysun Glove
Blue Sail Medical
YTY Group
3M Company
Kimberly-Clark
Riverstone Holdings Limited
Comfort Rubber Gloves Industries
Synthomer
Intco Medical
Honeywell
In Chapter 6 and Chapter 9, on the basis of types, the Gloves market from 2018 to 2028 is primarily split into:
Disposable
Non Disposable
In Chapter 7 and Chapter 10, on the basis of applications, the Gloves market from 2018 to 2028 covers:
Surgical
Medical (Exclude Surgical)
Industrial
Laboratory
Food Service
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Gloves market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Gloves industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Gloves market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Gloves industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Gloves market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Gloves market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Gloves market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Gloves cover the whole hand. Gloves protect and comfort hands from cold or high temperature, friction, abrasion, chemicals and diseases; Or in turn, provide protection for things that should not be touched by bare hands.
Influence of Covid19 Ends on Gloves Industry Development
In the past year, the most influential factor in this industry was the COVID-19 epidemic. Health care professionals who distribute vaccines, detect viruses and collect blood samples for antibody detection need a lot of gloves and other personal protective equipment; Those involved in studying viruses also need them.
In addition, since the outbreak, disposable gloves have been an important part of personal protective equipment needed by health care professionals. In addition, consumers bought gloves in the early stage of the epidemic, and this demand forced suppliers to speed up production. The introduction of disposable gloves into developing countries and other previously unexplored markets has also affected the industry.
Although the epidemic has been controlled to some extent, it does not mean that its influence on the market has stopped. Even vaccines and other remedies (antiviral drugs, plasma, etc.) is becoming more and more popular, and its influence will take several months to circulate in society.
Other global changes are expected to affect the industry. The global population growth, especially the aging population growth, should promote the demand for personal protective equipment, especially disposable gloves. In developing countries, rapid industrialization combined with the growth of health care industry should also stimulate significant market growth.
Drivers
Increasing concern about worker safety
Increasing attention to workplace worker safety is driving the global glove market. It is expected that during the forecast period, workers in industries such as automation, construction, medical, mining, oil and gas, petroleum, chemical, agriculture, fertilizer, food processing, aviation, etc. will increasingly implement safety regulations, which will provide the power.
Due to the huge demand for gloves that protect various chemical reagents, explosive chemicals and biological agents, the rapid growth of the global pharmaceutical and healthcare industries will drive the development of the industrial gloves market. Industrial gloves prevent harmful chemicals and protect workers from any physical hazards. Workers and technicians in the health care sector deal with various chemical or acidic substances, which are inherently cancerous or acidic and can seriously damage the skin and body. Therefore, the growing focus on health and safety regulations in the workplace is expected to drive the growth of the global glove market.
Region Overview:
Europe had the highest growth rate of all regions.
Company Overview:
Hartalega Holdings is one of the major players operating in the Gloves market, holding a share of1.84% in 2023.
Hartalega Holdings Bhd is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. The company's gloves are used in laboratories and healthcare facilities. The gloves are also sold to manufacturers of semiconductors and consumer electronics and for automotive maintenance and spray painting.
Segmentation Overview:
By type, Synthetic Gloves segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Industrial segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Gloves industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Gloves. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Gloves Market Report Include:
Market Size Estimates: Gloves market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Gloves market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Gloves market
Segment Market Analysis: Gloves market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Gloves market situations and prospects in major and top regions and countries
Gloves Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Gloves Industry Chain: Gloves market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Gloves Industry News, Policies by regions
Gloves Industry Porters Five Forces Analysis
Key players in the global Gloves market are covered in Chapter 2:
Supermax
Hartalega Holdings
Kossan Rubber Industries Bhd
Top Glove
Ansell
Cardinal Health
Sempermed
Jaysun Glove
Blue Sail Medical
YTY Group
3M Company
Kimberly-Clark
Riverstone Holdings Limited
Comfort Rubber Gloves Industries
Synthomer
Intco Medical
Honeywell
In Chapter 6 and Chapter 9, on the basis of types, the Gloves market from 2018 to 2028 is primarily split into:
Disposable
Non Disposable
In Chapter 7 and Chapter 10, on the basis of applications, the Gloves market from 2018 to 2028 covers:
Surgical
Medical (Exclude Surgical)
Industrial
Laboratory
Food Service
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Gloves market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Gloves industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Gloves market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Gloves industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Gloves market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Gloves market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Gloves market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.