The global gloves market to grow at a CAGR of 10.50% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global gloves market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of gloves at the manufacturer level. The report also includes a discussion of the Key vendors operating in this market. The major industries that use gloves for protection of personnel include oil & gas, military, chemicals, construction, medical and manufacturing.
The latest trend gaining momentum in the market is use of green and recyclable material. Glove manufacturers continue to emphasize on green manufacturing processes, technologies, and sustainability. The hand protection product manufacturers, regulators, and marketers are stressing on green manufacturing such as the use of green resources like sun and wind power. This can minimize the costs of the use of water and decreases consumption of non-productive electricity.
According to the report, one of the major drivers for this market is increase in rubber production. The global natural rubber production is rising by 0.2% every year. The production went up in three countries - Thailand, Indonesia, and Vietnam, but fell in China, Malaysia, and India. The major increase was witnessed in EMEA where the production of natural rubber grew by 6% in 2015 compared to 2014. Production in APAC grew by 1% and by 0.3% in the Americas during the same period.
Further, the report states that one of the major factors hindering the growth of this market is use of chemicals in glove production. Gloves are subjected to a series of steps before the final product comes. The process begins right from the collection of latex from rubber trees to packaging and shipment of the gloves. Usually, the manufacturing plants are located near the rubber plantations to save on logistics. Though the process may differ in terms of the material of the glove, the overall procedure followed is the same.
- Ansell Healthcare
- Top Glove
Other prominent vendors
- Lakeland Industries
- W.L. Gore and Associates
- Bennett Safetywear
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/rmtfqj/global_gloves