LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global gloves market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
Sarah Haque, a lead research analyst from Technavio says, “The global gloves market is expected to witness robust growth at a CAGR of more than 10% during the forecast period. The growth can be attributed to the increased use of gloves in the two major end-user segments comprising of industrial/commercial users and individual users.”
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The top three emerging market trends driving global gloves market according to Technavio research analysts are:
- Use of green and recyclable material
- Technological advances
- Introduction of AMT
Use of green and recyclable material
Glove manufacturers continue to emphasize on sustainability and green manufacturing processes. The hand protection product manufacturers, regulators, and marketers are stressing on green manufacturing with the use of green resources like sun and wind power. This can help minimize costs by reducing the use of water and electricity. The growing demand for green products will lead to innovations in new manufacturing processes, ensuring that vendors are committed to using environment-friendly alternatives rather than petroleum-based plastics.
“Vendors are also focusing on using raw materials that minimize the carbon footprint. They are starting to use materials that are recyclable in nature. For instance, Vegware is providing foodservice disposable gloves made up of plant-based PLA. These gloves can be recycled as they are made of plant fiber,” says Sarah.
The current market scenario for any commodity and equipment involves constantly striving to innovate and keep abreast with technological advances. Recent developments in the gloves market include touch screen gloves. Due to extreme weather conditions, gloves are a must to keep warm. However, this prevents the usage of smart devices which are based on two touch technologies –– resistive and capacitive. Resistive technology requires one to push down on the touchscreen, whereas capacitive requires actual touch. These touch screen gloves employ conductive material to transfer electric current from the body to the device, enabling the use of touchscreen devices.
Introduction of AMT
Vinyl gloves, mainly employed in the food processing and foodservice applications, employ antimicrobial layers. The use of antimicrobial solutions technology (AMT) in the development of these gloves ensures a reduction in the transfer of microbes from the gloves to food items. This technology involves the use of a cost-effective PVC film, which resists fungal and bacterial growth on the gloves.
Ansell Healthcare has a product offering called GAMMEX, which is a powder-free surgical glove developed using AMT. This helps address the problem of surgical site infection and reduces the risk of microbial transmission. Therefore, these gloves can be employed for applications that require a high degree of non-contamination and cleanliness.
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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