Hand Protection Equipment Trends and Forecast
The future of the global hand protection equipment market looks promising with opportunities in the construction, manufacturing, oil & gas, chemicals, food, pharmaceuticals, healthcare, and transportation markets. The global hand protection equipment market is expected to reach an estimated $36.8 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are rising concerns about hand hygiene and the productÄX%$%Xs efficiency, growing awareness of occupational diseases, and rising awareness of worker safety regulations and rising insurance costs.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Hand Protection Equipment by Segment
The study includes a forecast for the global hand protection equipment by product, raw material, end use, and region.
Hand Protection Equipment Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Disposable
• Durable
Hand Protection Equipment Market by Raw Material [Shipment Analysis by Value from 2018 to 2030]:
• Natural Rubber/Latex
• Nitrile Gloves
• Neoprene
• Vinyl Gloves
• Others
Hand Protection Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Construction
• Manufacturing
• Oil & Gas
• Chemicals
• Food
• Pharmaceuticals
• Healthcare
• Transportation
• Others
Hand Protection Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Hand Protection Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hand protection equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hand protection equipment companies profiled in this report include-
• Top Glove
• Hartalega
• Superior Gloves
• Adenna
• MCR Safety
• Atlantic Safety Products
• Ammex
• Kimberly-Clark
• Sempermed
• Halyard Health
Hand Protection Equipment Market Insights
Lucintel forecasts that natural rubber will remain the largest segment over the forecast period because they are flexible and comfortable to wear and are ideal for handling sensitive applications, such as medical procedures and surgeries.
Within this market, healthcare will remain the largest segment.
North America is expected to witness highest growth over the forecast period due to growing healthcare expenditure, coupled with rising awareness pertaining to healthcare-acquired infections.
Features of the Global Hand Protection Equipment Market
Market Size Estimates: Hand protection equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hand protection equipment market size by product, raw material, end use, and region in terms of value ($B).
Regional Analysis: Hand protection equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, raw material, end use, and regions for the hand protection equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hand protection equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the hand protection equipment market size?
Answer: The global hand protection equipment market is expected to reach an estimated $36.8 billion by 2030.
Q2. What is the growth forecast for hand protection equipment market?
Answer: The global hand protection equipment market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the hand protection equipment market?
Answer: The major drivers for this market are rising concerns about hand hygiene and the productÄX%$%Xs efficiency, growing awareness of occupational diseases, and rising awareness of worker safety regulations and rising insurance costs.
Q4. What are the major segments for hand protection equipment market?
Answer: The future of the global hand protection equipment market looks promising with opportunities in the construction, manufacturing, oil & gas, chemicals, food, pharmaceuticals, healthcare, and transportation markets.
Q5. Who are the key hand protection equipment market companies?
Answer: Some of the key hand protection equipment companies are as follows:
• Top Glove
• Hartalega
• Superior Gloves
• Adenna
• MCR Safety
• Atlantic Safety Products
• Ammex
• Kimberly-Clark
• Sempermed
• Halyard Health
Q6. Which hand protection equipment market segment will be the largest in future?
Answer: Lucintel forecasts that natural rubber will remain the largest segment over the forecast period because they are flexible and comfortable to wear and are ideal for handling sensitive applications, such as medical procedures and surgeries.
Q7. In hand protection equipment market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing healthcare expenditure, coupled with rising awareness pertaining to healthcare-acquired infections.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hand protection equipment market by product (disposable and durable), raw material (natural rubber/latex, nitrile gloves, neoprene, vinyl gloves, and others), end use (construction, manufacturing, oil & gas, chemicals, food, pharmaceuticals, healthcare, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Hand Protection Equipment Market, Hand Protection Equipment Market Size, Hand Protection Equipment Market Growth, Hand Protection Equipment Market Analysis, Hand Protection Equipment Market Report, Hand Protection Equipment Market Share, Hand Protection Equipment Market Trends, Hand Protection Equipment Market Forecast, Hand Protection Equipment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.