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U.S. Safety Gloves Market Size
- Report ID: GMI4845
- Published Date: Oct 2020
- Report Format: PDF
U.S. Safety Gloves Market Size
U.S. Safety Gloves market size exceeded USD 6.5 Billion, globally in 2019 and is estimated to grow at over 5.5% CAGR between 2020 and 2026. Increasing awareness among workers regarding hand injuries coupled with steady growth in the manufacturing sector and favorable regulations towards workers safety coupled with increasing spending on healthcare will spur product demand.
Stringent regulations pertaining to labor safety along with modifications in safety standards such as ANSI is propelling the U.S. safety gloves market share. In 2016, the ANSI standards for glove testing were updated, adding new cut-level classifications from A1 to A9. The key end-use industries for safety gloves include healthcare, construction, mining, manufacturing, oil & energy, and transportation. Surge in oil & gas production has resulted in increased employment in the sector.
Necessity to minimize the number of accidents in workplaces has led to increased adoption of personal protective equipment (PPE). Safety gloves account for a large share in the U.S. PPE market. Upgraded monitoring to enhance workplace protection and reduce any incidences across industrial sector is anticipated to generate new growth opportunities for the U.S. safety gloves market manufacturers. Accidents result in huge losses for the families, and to companies in the form of reimbursements to families, legal issues, and damage to the existing infrastructure.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| U.S. Safety Gloves Market Size in 2019: | USD 6.5 billion |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 5.7% |
| 2026 Value Projection: | USD 11.3 billion |
| Historical Data for: | 2015 to 2019 |
| No. of Pages: | 330 |
| Tables, Charts & Figures: | 202 |
| Segments covered: | Product, Material, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Improved PPE testing standards supported by favorable government policies have propelled the requirement of safety gloves. Safety gloves protect from chemical burn, heavy metal objects, metal cuts, and high-temperature. Also, gloves offer protection against hazards such as microbial contamination, radiation, and electric shocks associated with the industrial environment. Moreover, technological advancements in the industry along with innovations of new materials offering improved hand protection are augmenting the U.S. safety gloves market landscape.
The OSHA has enlisted a set of standards that are required to be observed by the industries. They also provide information on worker's protection at workplaces, thereby enhancing the execution of rules and augmenting the adoption of safety gloves. Majority of key market players are constantly accentuating the adherence to green production processes & technologies. Recent trend of utilization of green and recyclable raw materials for manufacturing safety gloves will instigate the U.S. safety gloves market growth.
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U.S. Safety Gloves Market Scope
