LONDON--(BUSINESS WIRE)--The global cut resistant gloves market 2019-2023 is expected to post a CAGR of nearly 7% during the forecast period 2019-2023, according to the latest market research report by Technavio.
Vendors are improving their sales by providing more advanced cut resistant gloves targeting a wide range of end-users. For instance, Honeywell International offers Stainless-Steel Metal Mesh that is corrosion-resistant, individually welded, and ergonomically designed, making it ideal for various end-user industries. These gloves are designed to prevent sagging, can be worn on either of the hands and can be easily sanitized. Similarly, Dexter-Russell’s Sani-Safe cut resistant gloves contain a blend of stainless-steel wires and yams. These gloves have an antimicrobial coating which is suitable for foodservice, processing, and industrial applications. Continuous focus towards the development of cut-resistant gloves among vendors will drive the growth of the global cut resistant gloves market during the forecast period.
This market research report on the global cut resistant gloves market 2019-2023 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period.
In this report, Technavio highlights the adoption of modular cleanrooms as one of the key emerging trends in the global cut resistant gloves market.
Global cut resistant gloves market: Adoption of modular cleanrooms
Modular cleanrooms are portable and avoid dust and other contaminants. These are mainly used to manufacture electronic components in industries such as aerospace, semiconductors, medical devices, pharmaceuticals, and optics. Modular cleanrooms are increasingly adopted by many end-user industries because of their advantages over traditional cleanrooms. The adoption of modular cleanrooms is encouraging various vendors to offer industrial gloves that are used for contamination control. These gloves are made of polyethylene and polyurethane, which have good chemical resistance, low moisture sensitivity, and provide good grip. For instance, TenActiv PU Coated ESD Carbon Gloves by Superior Gloves are compliant with the modular cleanroom standards. The trend of adopting modular cleanrooms by end-user industries is driving vendors to expand their product portfolio of cleanroom-friendly cut resistant gloves. This is expected to increase the growth of the global cut resistant gloves market over the forecast period.
“Leading brands G-Tek and ATG provide cut resistant gloves that are comfortable and provide optimal agility and tactile sensitivity. Some vendors are combining digital technology in product design. E-Glove by uvex is equipped with uvex techware that provides protection from cuts and hazardous chemicals. NFC chips integrated into the gloves enable the wearer to access the information using electronic gadgets. Many such technological advancements among vendors will drive the market’s growth for the forecast period,” says an analyst at Technavio.
Global cut resistant gloves market: Segmentation analysis
This market report segments the global cut resistant gloves market by end-user (automotive, metal fabrication, machinery and equipment, construction, and others) and geography (APAC, Europe, MEA, North America, and South America).
North America led the market in 2018 with a market share of nearly 35%, followed by Europe, APAC, South America, and MEA respectively. The dominance of North America can be attributed to the demand for protective hand equipment in various industries such as automotive production, construction, chemicals, and aerospace.
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Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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