Gloves Market Growing Demands, Trends and Business Outlook 2022 to 2029 [ Supermax Corp, Auntex, Ansell Healthcare, Kossan Rubber Industries Bhd ]

Latest Study on Industrial Growth of Gloves Market 2022-2029. A detailed study accumulated to offer Latest insights about acute features of the Gloves market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price Its Future Characteristics including key issues and challenges, drivers, Vendors and Several Stakeholders and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

The global gloves market is accounted to  expected to reach USB million by 2029, registering a CAGR of 8.6% during 2022-2029.

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Leading Companies in the Gloves Market- Supermax Corp, Auntex, Ansell Healthcare, Kossan Rubber Industries Bhd, Riverstone Holdings Limited, Hartalega Holdings, Showa Gloves, 3M, White Glove, Viet Glove JSC, Honeywell International Inc, Nacol Industrial, Careplus Group Berhad, VRG Khai Hoan JSC and other.

This study covers company profiling, specifications and product picture, sales, market share and contact information of various regional, international and local vendors of Gloves Market. The market proposition is frequently developing ahead with the rise in scientific innovation and M&A activities in the industry.

Industry Updates -

Ansell to acquire 50% of Malaysian medical gloves manufacturer Careplus. Ansell Ltd. said it plans to acquire 50% of its supplier Careplus (M) Sdn Bhd for 37 million Malaysian ringgits. Ansell is buying half of the ownership in the Malaysian medical gloves manufacturer from Careplus Group Berhad.

Honeywell International has acquired 82 companies, including 13 in the last 5 years. A total of 16 acquisitions came from private equity firms. It has also divested 8 assets. Honeywell International's largest acquisition to date was in 1999, when it acquired Honeywell for $13.8B. It's largest disclosed sale occurred in 2016, when it sold Honeywell Technology Solutions to KBR for $300M. Honeywell International has acquired in 26 different US states, and 13 countries. The Company's most targeted sectors include manufacturing (13%) and technology hardware (12%).

Market segmentation:

By type:

Nitrile Gloves

Vinyl Gloves

Latex Gloves

Neoprene Gloves

Polyethylene Gloves

Others

By application:

Food Service

Hospitals and Medical Devices

Animal Health

Aerospace

Disk Drives and Flat Panels

Semiconductors

Others

Regions are covered by the Gloves Market Report 2022 to 2029

For a comprehensive understanding of market dynamics, the global Gloves Market is analyzed across key geographies, namely: North America (US, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina and Colombia), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa). Each of these regions is analyzed on the basis of market findings in major countries in these regions for a macro-level understanding of the market.

The North America protective gloves market size was valued at USD 8.08 billion in 2021, owing to the increase in awareness regarding well-being as well as laws mandating the use of safety gloves in different industries. Strict regulatory guidelines regarding the worker's health security have resulted in product adoption in the region. The National Safety Council (NSC) and the U.S. Department of Labor promoted the usage of the protective measure in high health risk-prone segments to avoid any kind of accidental health damages. ANSI/ISEA 105 (American National Standard for Hand Protection) rates protective gloves on a consistent numeric rating structure for thermal, mechanical, chemical, and other types of gloves. These regulations are mandatory in the key industries to avoid any accidental loss, which, in turn, is accelerating the safety gloves market in the region. Also, rise in the incidence of different pandemics such as coronavirus, Ebola, swine flu, and others has fueled the usage of disposable protective gloves.

Europe is accounted for the largest growth in 2017. This is attributed due to the increase in spread of covid-19 and infectious disease within the European region are expected to drive the growth of the gloves market during the forecast period. In addition, government in the European region favors the use of medical disposable gloves, as these provide superior protection against infections during medical diagnosis or surgeries.

On the other hand, Asia-Pacific is expected to be the largest growth during the forecast period. Owing to increase in compliance to the standards and presence of large population base are the major contributing factors toward the robust growth of the Asia-Pacific market. In addition, the healthcare infrastructure has witnessed a paradigm shift in this region over the last few decades, which has fueled the growth of the market. Further, due to increased compliance and sheer size of population in countries such as Australia and Korea. Key countries, such as India and China, have witnessed an increased demand for disposable gloves in medical and food sector, which in turn is expected to augment the growth of the disposable gloves market in Asia-Pacific region.

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Key highlights of the report

- Detailed Overview of Gloves Market

- Quantitative market information and forecast for the industry, segmented by type, end-use, and geographic region.

- Expert analysis of key technological, demographic, economic, and regulatory factors driving Voice Assistant app growth through 2029.

- Market opportunities and recommendations for new investments.

- Growth prospects among emerging nations to 2029.         

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Overview of the chapters analysing the global Gloves Market in detail:

Chapter 1 details the information relating to Gloves introduction, Scope of the product, market overview, Market risks, driving forces of the market, etc.

Chapter 2 analyses the top manufacturers of the Gloves Market by sales, revenue etc for the Forecast period 2022 to 2029

Chapter 3 analyze on the competition landscape amongst the top manufacturers based on sales, revenue, market share etc for the period 2022 to 2029.

Chapter 4 defines the global Gloves market by regions and their market share, sales, revenue etc for the period 2022 to 2029.

Chapters 5 to 9 analyse the Gloves regions with countries based on market share, revenue, sales et

Chapter 10 and 11 contain the knowledge concerning market basis types and application, sales market share, growth rate etc for forecast period 2022 to 2029.

Chapter 12 focuses on the market forecast for 2022 to 2029 for the Gloves Market by regions, type and application, sales and revenue.

Chapter 13 to 15 contain the transient details associate to sales channels, suppliers, traders, dealers, research findings and conclusion etc for the Market.

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