Market Overview - The U.S. Industrial Safety Gloves Market was valued at USD 1.82 billion in 2023 and is expected to reach USD 2.18 billion by 2029, growing at a CAGR of 3.05% [1] - The market is fragmented with 29 vendors, including major players like Hartalega, Top Glove Corporation, INTCO, Sri Trang, 3M, Ansell, Kossan, Supermax, W.W. Grainger, and Protective Industrial Products [1] Market Trends & Drivers - Growing focus on ergonomic design to reduce workplace injuries and boost productivity, with demand for gloves featuring knuckle padding, flexible thermoplastic reinforcements, and vibration-dampening gel pads [4] - Increasing demand for customized and personalized gloves tailored to specific industry needs, such as construction, healthcare, manufacturing, and automotive [6] - Advancements in glove materials, including chemical-resistant gloves made from nitrile, neoprene, butyl rubber, and PVC, as well as smart gloves with embedded sensors for real-time data monitoring [7][8][9] Competitive Landscape - Key strategies include product innovation, mergers and acquisitions, and partnerships to enhance market presence and expand geographical reach [3] - Recent vendor activities include Ansell's launch of the MICROFLEX Mega Texture 93-256 nitrile disposable glove, SHOWA's introduction of the MFT PRO glove line, and Protective Industrial Products' acquisition of Ultimate Cleaners Industrial [17] Market Segmentation - By Product Type: Latex material segment holds the largest market share of over 36% due to superior elasticity, comfort, and barrier protection [17] - By Category: Disposable segment shows the highest growth of 3.28% as it protects against various hazards such as chemical exposure, contamination, abrasion, and infection [17] - By End-Users: Manufacturing segment holds the largest market share due to demand in industries including automotive, aerospace, clothing, electrical equipment, heavy machinery, and chemicals [17] Industry Restraints - Volatility in raw material prices, particularly for rubber, leather, synthetic fibers, and polymers, poses a significant challenge for manufacturers [10] - Fluctuations in global oil prices and trade policies, tariffs, and geopolitical tensions can create price volatility for raw materials used in glove manufacturing [11][12]
U.S. Industrial Safety Gloves Market Insights Report 2024-2029: Customization and Personalization Trends, Growing Focus on Ergonomic Design, Advancements in Glove Materials
GlobeNewswire·2025-01-29 10:18