PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1410136
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1410136
The global protective gloves market was evaluated at US$9.008 billion in 2021 and will grow at a CAGR of 6.36% to be worth US$13.866 billion by 2028.
A protective glove is used to protect hands from threats such as wounds, chemical burns, harm, infection, breaking, or contact with biohazards. The global industry growth will be fueled by rising worker safety awareness and rising occupational dangers in the mining, medical care, building, chemical, oil & gas, and manufacturing industries. The global protective gloves market size is also increasing due to supportive regulatory standards designed to reduce occupational risk across multiple industries. A million workers suffer hand injuries each year, and 110,000 of those injuries cause lost time, according to the US Bureau of Labour Statistics.
The global protective gloves market size is anticipated to expand due to the expanding product demand in the pharmaceutical, chemical, food processing, oil & gas, and medical industries. The industry trend will be aided by growing worries about skin illnesses, particularly in the industrial area, and raising awareness of worker safety and health. The market may benefit from technological advancement coupled with the availability of specially designed gloves catering to particular enterprises. Due to severe government regulations governing doctors' safety, the protective glove market in the medical care, research lab, and pharmaceuticals sectors may expand.
Workers in the healthcare sector are more likely to experience severe allergic responses to latex. In the healthcare industry, about 1 in 10 workers have latex allergy or sensitivities. Hives, a runny or stuffy nose, and itching are some latex allergy symptoms. It may result in chest tightness, wheezing, and other asthma symptoms. The signs typically appear a minute after being exposed to latex products. Food allergies result from latex allergies. The allergic latex protein found in latex glove products might cause allergic skin issues when coming into direct touch with it. Many hospitals have moved to protective gloves in order to prevent these allergies, which can open up lucrative market potential.
The rapid expansion of the construction sector will spur market expansion.
The manufacture of safety gloves is influenced by variables including the rising number of construction workers and the global increase in fatalities. The hands of construction workers are frequently exposed to a variety of risks on the job site. The U.S. Bureau of Labour Statistics reports that each year, around 110,000 hand injury cases result in fatalities in the construction industry. Whereas roughly 30% of injuries are brought on by using the wrong or poorly-fitting gloves, and about 70% of injuries are caused by employees not wearing gloves which increases the need and leads to an increase in the global protective gloves market share.
During the projected period, the North American region is anticipated to lead the global protective gloves market as a result of rising health consciousness and legislation requiring the use of safety gloves in various industries. The region has adopted the product as a result of strict regulatory rules protecting the worker's health security. The National Security Council (NSC) and the U.S. government are working to avoid all unintentional health harm. Department of Labour encouraged the use of protective measures in high-health risk areas. Protective gloves are rated according to a uniform numeric rating system in accordance with ANSI/ISEA 105 (American National Standard for Hand Protection).
Natural rubber latex is derived from the sap of the rubber tree Hevea brasiliensis, which grows in Southeast Asia and Africa. People who become sensitized to or allergic to the proteins found in natural rubber latex experience allergic reactions to the items created with latex. The most prevalent material found in many dental and medical products is latex which hinders the global protective gloves market. Disposable gloves, syringe dental dams, catheters, stethoscopes, dressings, bandages, airway & intravenous tubing, and catheters are some of them.