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Increasing demand from the healthcare industry augments the Protective Gloves Market

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Market Overview:

The protective gloves market is growing as a critical supplier for industries like healthcare, chemicals and mechanical. The expansion of this market is estimated to register a 6.46% CAGR, and the market worth is expected to reach a total of 12.65 billion by the end of 2023. The protective gloves are cut resistant, have a long working life and offer a firm grip. Workers make sure that they use these gloves in all work-related operations to have better performance and comfort.

Market drivers and restraints:

The rising demand for disposable gloves in the healthcare market affects the growth of the protective gloves market, as they are the primary essentials in the medical sector. The fast industrialization and rapid employment opportunities create significant scale demand for the protective gloves market. This is a crucial driver of the world market. The side effects on the environment due to harmful gases and chemicals released in the making of the resin may restrain the world market in the coming years. The centralization of this market in regions like North America and Asia controls it from rapid expansion.

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Report segmented as:

By material:

Latex gloves
Neoprene gloves
Leather gloves
Nitrile gloves
By type:

Reusable gloves
Disposable gloves
By application:

By end user:

Food & beverage
Oil & gas
Geographical analysis:

Asia Pacific is projected to be the quickest growing market in the forecast period, owing to its high CAGR, increasing demand for rising markets and scope of future opportunities, mainly in developing countries like Japan, India and China.

Important market players:

Major manufacturers of protective gloves are Ansell Limited (US), Top Glove Corporation Bhd (Malaysia), Honeywell International Inc. (US), Supermax Corporation Berhad (Malaysia), 3M Company (US), Hartalega Holdings Berhad (Malaysia), W.W. Grainger, Inc. (US), Kimberly-Clark Corporation (US), and Protective Industrial Products, Inc. (US).

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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Abhishek Shukla
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Tel: +1-888-702-9626

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