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Mar 24, 2023 (The Expresswire) --The "Personal Protective Equipment (PPE) Gloves Market" study describes how the technology industry is evolving and how major and emerging players in the industry are responding to long term opportunities and short-term challenges they face. One major attraction about Personal Protective Equipment (PPE) Gloves Industry is its growth rate. Many major technology players are[ Honeywell International, Kimberly-Clark, Superior Gloves, Shamrock Manufacturing, United Glove, Lakeland Industries, Safety Supply, Magid Glove and Safety Manufacturing, Uvex group, Ansell]have been looking into Personal Protective Equipment (PPE) Gloves to increase their market share and reach towards consumers.
What is the Personal Protective Equipment (PPE) Gloves market growth?
Personal Protective Equipment (PPE) Gloves Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2023, at unexpected CAGR during the forecast Period 2023-2028.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 106 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
Client Focus: 1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Personal Protective Equipment (PPE) Gloves market?
1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Personal Protective Equipment (PPE) Gloves market?Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have taken them into consideration throughout the research, and in Chapters, we elaborate at full length on the impact of the pandemic and the war on the Personal Protective Equipment (PPE) Gloves Industry
Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Personal Protective Equipment (PPE) Gloves Industry.
This research report is the result of an extensive primary and secondary research effort into the Personal Protective Equipment (PPE) Gloves market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Personal Protective Equipment (PPE) Gloves Market.
Which are the driving factors of the Personal Protective Equipment (PPE) Gloves market?
Growing demand for[Nitrile, Latex, Neoprene, Butyl rubber, Others]around the world has had a direct impact on the growth of the Personal Protective Equipment (PPE) Gloves
The Personal Protective Equipment (PPE) Gloves segments and sub-section of the market are illuminated below:
Based on Product Types the Market is categorized into[ Chemical, Automotive, Healthcare, Construction, Food and Beverage, Others]that held the largest Personal Protective Equipment (PPE) Gloves market share In 2023.
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Personal Protective Equipment (PPE) Gloves Market - Competitive and Segmentation Analysis:
2.How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Short Description About Personal Protective Equipment (PPE) Gloves Market:
The Global Personal Protective Equipment (PPE) Gloves market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
The Personal Protective Equipment (PPE) Gloves market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
According to our latest study, due to COVID-19 pandemic, the global Personal Protective Equipment (PPE) Gloves market size is estimated to be worth USD 9616.4 million in 2021 and is forecast to a readjusted size of USD 12270 million by 2028 with a CAGR of 3.5% during review period. Chemical accounting for percent of the Personal Protective Equipment (PPE) Gloves global market in 2021, is projected to value USD million by 2028, growing at a percent CAGR in next six years. While Nitrile segment is altered to a percent CAGR between 2022 and 2028.
Global key manufacturers of Personal Protective Equipment (PPE) Gloves include Honeywell International, Kimberly-Clark, Superior Gloves, Shamrock Manufacturing, and United Glove, etc. In terms of revenue, the global top four players hold a share over percent in 2021.
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3.What are your main data sources?Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2017-2027) of the following regions are covered in Chapters:
● North America (United States, Canada, and Mexico)
● Europe (Germany, UK, France, Italy, Russia, and Turkey etc.)
● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
● South America (Brazil, Argentina, Columbia etc.)
● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
This Personal Protective Equipment (PPE) Gloves Market Research/Analysis Report Contains Answers to your following Questions
● What are the global trends in the Personal Protective Equipment (PPE) Gloves market? Would the market witness an increase or decline in the demand in the coming years?
● What is the estimated demand for different types of products in Personal Protective Equipment (PPE) Gloves? What are the upcoming industry applications and trends for Personal Protective Equipment (PPE) Gloves market?
● What Are Projections of Global Personal Protective Equipment (PPE) Gloves Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
● Where will the strategic developments take the industry in the mid to long-term?
● What are the factors contributing to the final price of Personal Protective Equipment (PPE) Gloves? What are the raw materials used for Personal Protective Equipment (PPE) Gloves manufacturing?
● How big is the opportunity for the Personal Protective Equipment (PPE) Gloves market? How will the increasing adoption of Personal Protective Equipment (PPE) Gloves for mining impact the growth rate of the overall market?
● How much is the global Personal Protective Equipment (PPE) Gloves market worth? What was the value of the market In 2020?
● Who are the major players operating in the Personal Protective Equipment (PPE) Gloves market? Which companies are the front runners?
● Which are the recent industry trends that can be implemented to generate additional revenue streams?
● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Personal Protective Equipment (PPE) Gloves Industry?
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Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Personal Protective Equipment (PPE) Gloves Market Insights and Forecast to 2028
Major Points from Table of Contents
Global Personal Protective Equipment (PPE) Gloves Market Research Report 2023-2028, by Manufacturers, Regions, Types and Applications
1.1 Objective of the Study
1.2 Definition of the Market
1.3 Market Scope
1.3.1 Market Segment by Type, Application and Marketing Channel
1.3.2 Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
1.4 Years Considered for the Study (2015-2028)
1.5 Currency Considered (U.S. Dollar)
2 Key Findings of the Study
3 Market Dynamics
3.1 Driving Factors for this Market
3.2 Factors Challenging the Market
3.3 Opportunities of the Global Personal Protective Equipment (PPE) Gloves Market (Regions, Growing/Emerging Downstream Market Analysis)
3.4 Technological and Market Developments in the Personal Protective Equipment (PPE) Gloves Market
3.5 Industry News by Region
3.6 Regulatory Scenario by Region/Country
3.7 Market Investment Scenario Strategic Recommendations Analysis
4 Value Chain of the Personal Protective Equipment (PPE) Gloves Market
4.1 Value Chain Status
4.2 Upstream Raw Material Analysis
4.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
4.5 Downstream Major Customer Analysis (by Region)
5 Global Personal Protective Equipment (PPE) Gloves Market-Segmentation by Type
6 Global Personal Protective Equipment (PPE) Gloves Market-Segmentation by Application
7 Global Personal Protective Equipment (PPE) Gloves Market-Segmentation by Marketing Channel
7.1 Traditional Marketing Channel (Offline)
7.2 Online Channel
8 Competitive Intelligence Company Profiles
9 Global Personal Protective Equipment (PPE) Gloves Market-Segmentation by Geography
9.1 North America
9.4 Latin America
9.5 Middle East and Africa
10 Future Forecast of the Global Personal Protective Equipment (PPE) Gloves Market from 2023-2028
10.1 Future Forecast of the Global Personal Protective Equipment (PPE) Gloves Market from 2023-2028 Segment by Region
10.2 Global Personal Protective Equipment (PPE) Gloves Production and Growth Rate Forecast by Type (2023-2028)
10.3 Global Personal Protective Equipment (PPE) Gloves Consumption and Growth Rate Forecast by Application (2023-2028)
12.2 Research Data Source
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Hand protection is estimated to witness growth at a CAGR of 5.6% from 2022 to 2030 in terms of revenue owing to the increasing adoption of gloves to limit the spread of the COVID-19 infection through surface contact.What is the outlook for the PPE industry? ›
Expanding automotive sector to create new growth opportunities across North America. North America personal protective equipment market surpassed USD 18 billion in 2022 and is estimated to grow at over 7.5% CAGR through 2032.What is the industrial glove market trend? ›
The Global Industrial Safety Gloves Market was valued at USD 9,238.8 million in 2021 and is projected to register a CAGR of 7.50% during the forecast period.What is the size of the PPE industry market? ›
Report Overview. The U.S. PPE market size was estimated at USD 23.65 billion in 2021 and is anticipated to grow at a compounded annual growth rate (CAGR) of 6.7% from 2022 to 2030.When should PPE gloves be changed? ›
Gloves should be changed after patient contact and must be changed between patients.Is PPE still in demand? ›
Requests for Sanitizing & Other Types of PPE
PPE shortages are still severe, especially in our most vulnerable communities.” N95s and nitrile gloves continue to be in short supply, or if available, too expensive for many low-cost clinics and small hospitals to afford.
Competition is expected to intensify in the coming years, especially in the Chinese market. The global Personal Protective Equipment (PPE) market was valued at USD 48130 million in 2019 and is expected to reach USD 81790 million by the end of 2026, growing at a CAGR of 2.4 Percent during 2021-2026.What is the future of the glove industry? ›
The worldwide industrial gloves market is expected to rise from USD 14.4 billion in 2022 to USD 16.06 billion in 2023, at a compound annual growth rate (CAGR) of 11.2%, according to a study by The Business Research Company.What is the market for gloves? ›
Report Overview. The global disposable gloves market size was estimated at USD 12,306.0 million in 2022 and is projected to grow at a compounded annual growth rate (CAGR) of 3.9% from 2023 to 2030.What is the market outlook for Top Glove? ›
Top Glove stock price: what's the latest forecast? Top Glove shares are down by 73% in 2022, as demand for medical gloves began to normalise. In terms of stock outlook, the latest analyst sentiments published by SGX StockFacts show a consensus rating of 'underperform', alongside a price target of S$0.33 on the stock.
The healthcare end-use segment led the market in 2022 accounting for the highest revenue share of 19.1%, credited to the rising demand for hand protection, respiratory protection, and protective clothing in the healthcare industry.Who is the largest manufacturer of PPE? ›
India has become the second-largest manufacturer of Personal Protective Equipment in the world following China which is currently leading producer of PPE in the world.Who is largest producer of PPE? ›
- Honeywell International, Inc. Founded 115 years ago by Mark C. ...
- 3M. ...
- Ansell Ltd. ...
- DuPont. ...
- Mallcom (India) Limited. ...
- MSA. ...
- Radians, Inc. ...
- Rock Fall (UK) Ltd.
Gloves are a type of personal protective equipment (PPE). Other types of PPE are gowns, masks, and shoe and head covers. Gloves create a barrier between germs and your hands. Wearing gloves in the hospital helps prevent the spread of germs.Why is gloves necessary as PPE? ›
In practical terms, gloves play an important role in protecting workers from exposure to blood-borne viruses, especially where there is a risk of injury, such as a puncture wound with contaminated sharps, abrasions or cuts.Does OSHA require gloves at all times? ›
Employers shall select and require employees to use appropriate hand protection when employees' hands are exposed to hazards such as those from skin absorption of harmful substances; severe cuts or lacerations; severe abrasions; punctures; chemical burns; thermal burns; and harmful temperature extremes.What is the future of smart PPE? ›
Going forward, the global smart PPE technology market technology market is projected to grow from $3.13 billion in 2021 to $9.05 billion in 2028.Who is the target audience for PPE? ›
Target Audience: Personal Protective Equipment (PPE) training is intended for individuals whose job has identified potential exposure to hazards that can be reduced by use of PPE.Is there a PPE shortage in the United States? ›
Even with millions of Americans vaccinated against COVID-19, many physicians continue to report problems accessing personal protective equipment (PPE). In addition, supply chain issues may further impact the ripple effect in the shortage of PPE for healthcare workers.What will industry market size be by 2030? ›
The Market Is Projected To Grow From USD 130.90 Billion In 2022 To USD 377.30 Billion By 2030, Exhibiting A CAGR Of 16.3% During The Forecast Period. Our research shows that the world market grew by an average of 13.9% from 2019 to 2020.
Property, plant, and equipment (PP&E) are long-term assets vital to business operations and the long-term financial health of a company.Is PPE a good investment? ›
Providing adequate PPE is not only a worthwhile investment in the safety of your employees, but, in most cases, required by government regulatory agencies, such as OSHA.Who are the biggest gloves companies? ›
Top Glove Corporation Bhd was established in 1991 in Malaysia and has since grown from a single factory with one glove production line into the world's largest manufacturer of gloves.Who are the competitors of the glove industry? ›
- Top Glove.
- Torrington Brush Works.
- AXG Industries.
- Barber Healthcare.
Top Glove said it aims to continue expanding its global market share via an incremental increase in its production capacity from 2022 to 2025. “As at the date of publication (Dec 24), we have planned a capacity increase of 11% in 2022, 23% in 2023, 18% in 2024, and 24% in 2025.What is the future of gloves stock? ›
On a whole, the global supply of gloves is expected to not grow in 2023 and by 3% y-o-y in 2024, the research house predicted. Fortunately for glove makers, the price of raw materials like latex and nitrile have eased. These products account for 45% of manufacturing costs.What is top glove selling? ›
May 2022) Top Glove Corporation Berhad is a Malaysian rubber glove manufacturer who also specialises in face masks, dental dams, and other products.Why are gloves still so expensive? ›
Supply and demand
During the covid-19 pandemic, the global demand for disposable gloves has increased immensely. There's been a sudden increase of 45% in the global demand for nitrile gloves, as a result, the balance of the supply and demand chain has collapsed.
The glove manufacturing industry has been suffering from oversupply of gloves, at a time when global demand has been reducing. The entry of non-glove players into industry, including from China, has resulted in a glut.What is the outlook for nitrile gloves? ›
Nitrile Gloves Market Outlook (2023-2033)
Worldwide revenue from the nitrile gloves market was about US$ 5.3 Billion in 2022, with the global market estimated to surge ahead at a CAGR of 21.6% to reach a valuation of US$ 47.3 Billion by the end of 2033.
Based on Margma's data, Malaysia remains in the dominant position, making up 60% to 65% of the global market share for gloves, while China makes up 20% and Thailand, 10%. “After the pandemic, some customers may outsource some supply to Chinese manufacturers, to diversify the risk of concentration.Who is the second largest manufacturer of PPE? ›
India now second-largest producer of PPE kits: Textile ministry | Latest News India - Hindustan Times.How can I increase my PPE sales? ›
How to Increase PPE Turnover Ratio. Increase Sales: Your equipment may be producing more products than you can sell in a reasonable time. Find ways to move those products more quickly, including discounting bulk purchases, holding sales on old products, or initiating promotional campaigns.What PPE is recommended by OSHA? ›
With few exceptions, OSHA requires employers to pay for personal protective equipment when it is used to comply with OSHA standards. These typically include: hard hats, gloves, goggles, safety shoes, safety glasses, welding helmets and goggles, face shields, chemical protective equipment and fall protection equipment.What is PPE market? ›
Personal Protective Equipment Market Size
The global personal protective equipment (PPE) market size was valued at USD 68.5 billion in 2022 and is projected to reach USD 64.2 billion by 2027, at a cagr -1.3% from 2022 to 2027.
|HealthyLine||New York, NY||2013|
|Klein Tools, Inc.||Lincolnshire, IL||1857|
|MSA The Safety Company||Cranberry Township, PA||1914|
|Distribution International||Houston, TX||1984|
OSHA requires that many categories of PPE meet or be equivalent to standards approved by the American National Standards Institute (ANSI). ANSI has been preparing safety standards since the 1920s, when the first safety standard was approved to protect the heads and eyes of industrial workers.Why invest in PPE? ›
Benefits of investing in quality PPE and WHS systems include decreased likelihood of worker injury, increased staff productivity, morale and retention rates, and peace of mind that you have done all that is necessary to protect your workers.Who are protective industrial products competitors? ›
Alternatives and possible competitors to Protective Industrial Products may include Zija International , Unique Industries , and Pyramex Safety Products .Why is PPE valuable to a firm? ›
It helps to protect everyone in the business from risk and injury, even so far as bacteria and hygiene go. Even offices and retail stores should provide employees with PPE that can help to lower the risk of viral infections.
39 What is impossible for gloves to protect against? A Hazardous substances.What are the limitations of protective gloves? ›
Although gloves protect hands from hazardous environmental factors, there are problems associated with their frequent use. Dirt, irritation, maceration, allergy, and lack of comfort are the most important problems for consideration.Who is responsible for buying PPE? ›
Employers Must Pay for Personal Protective Equipment (PPE)
completely voluntary. Even when a worker provides his or her own PPE, the employer must ensure that the equipment is adequate to protect the worker from hazards at the workplace.
Disposable gloves can reduce the spread of infection and protect someone who is going out in public by keeping their hands clean, dry and germ free. If someone chooses to wear gloves in public it is vital they do not touch their face, phone or any surfaces they do not need to and remove the gloves correctly.Are gloves the most common type of PPE? ›
Gloves are the most common type of PPE used in healthcare settings.What is the general purpose of gloves? ›
General purpose gloves keep hands clean and protected from minor abrasions. Knit general purpose gloves include task and chore gloves and are made of spun yarn for breathability.What does OSHA say about gloves? ›
For example, gloves must be worn when it can be reasonably anticipated that the employee may have hand contact with blood or other potentially infectious materials and when handling or touching contaminated items or surfaces.When did gloves become mandatory? ›
By 1966, disposable latex gloves were the norm in operating rooms nationwide, and in the 1980s, the need for “universal precautions,” prompted by the AIDS epidemic, increased their use outside the operating room and among health care workers everywhere.Is there a shortage of PPE during the COVID-19 pandemic? ›
Many nursing homes have reported shortages of PPE, which has led to the use of lower-grade equipment or the reuse of equipment across patients with and without COVID-19. In response to this shortage, the federal government promised to provide two weeks' supply of PPE to all US nursing homes back in May.How can we overcome PPE shortage? ›
- Implement just-in-time fit testing.
- Limit respirators during training.
- Implement qualitative fit testing.
- Use alternatives to N95 respirators such as other filtering facepiece respirators, elastomeric respirators, and powered air purifying respirators.
- Additional guidance.
Preferred PPE– Use N95 or Higher Respirator
When respirators are not available, use the best available alternative, like a facemask.
PPE protects the wearer from infection. Proper use helps keep health workers safe and stops the spread of COVID-19.What is the life expectancy of PPE? ›
Some manufacturers say 3 years, others say an in use life of up to 5 years. Obviously how much exposure that they have had, how they have been stored, how many knocks they have had will determine the replacement interval.Why is PPE least preferred? ›
PPE is the least effective way to protect workers from workplace hazards because if the equipment fails, workers are exposed to the hazard. PPE includes respirators, face and eye protection, hearing protection, gloves, and protective clothing.Who are the competitors of PPE? ›
PPE's competitors and similar companies include Alsons, Romi, Precise Cast and Prunella Machine.What is the most essential PPE? ›
- Safety for the head. Wearing a helmet offers protection and can prevent head injuries. ...
- Protect your eyes. ...
- Hearing protection. ...
- Maintain a good respiration. ...
- Protect your hands with the right gloves. ...
- Protection for the feet. ...
- Wear the correct work clothing.
Level A protection is required when the greatest potential for exposure to hazards exists, and when the greatest level of skin, respiratory, and eye protection is required.