Americas Reusable Gloves Market Is Likely To Up Demand At A USD 8.01 Billion By 2030

 

San Francisco, 28 Aug 2024: The Report Americas Reusable Gloves Market Size, Share & Trends Analysis Report By Material (Natural Rubber, Nitrile), By End-use (Construction, Manufacturing), By Country, And Segment Forecasts, 2024 - 2030

The Americas reusable gloves market size is expected to reach USD 8.01 billion by 2030, registering a CAGR of 7.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is expected to be driven by the stringent occupational safety regulations and standards in industries such as manufacturing, construction, healthcare, and automotive have been major drivers for the growth of the reusable gloves market.

The market is expected to experience significant growth due to heightened awareness among industry stakeholders regarding the significance of ensuring worker safety and security in workplaces. The increasing employment rates in various industries across the Americas have also contributed to the growing emphasis on worker safety. Companies have established safety guidelines and prioritized worker safety to reduce workplace hazards, thereby limiting the adverse impact on the overall operational costs in the form of arbitrated settlements or compensation.

This rise in demand is further bolstered by a heightened awareness of the critical safety and health measures required during emergency response situations and patient care, all of which contribute to the increased adoption of reusable gloves within the end-use industries.

In the automotive sector, thick and puncture-resistant nitrile gloves find extensive use in safeguarding against engine lubricants and oil exposure. The exceptional resistance to oils, acids, and chemicals exhibited by reusable gloves, surpassing that of other rubber types, is expected to drive their demand across diverse applications. These applications encompass gardening, tattooing, roofing, drywall installation, carpentry, general industrial work, and the automotive industry, and this heightened demand is anticipated to persist throughout the forecast period.

The competitive landscape of the market in 2022 was marked by the presence of key industry leaders with significant influence on the market. These leaders, including ANSELL LTD., Kimberly-Clark Corp., SHOWA GROUP, and MCR Safety, held substantial market shares, reflecting their strong market positions. To meet the rising demand from diverse industries, corporations are pursuing business growth through strategies such as mergers and acquisitions, the establishment of new manufacturing facilities, and geographic expansion initiatives. For instance, in June 2023, ANSELL LTD. established its manufacturing facility in Sri Lanka. Ansell Textiles Lanka is the first manufacturing facility of the company to be certified to ISO 50001:2018 presently. This noteworthy achievement demonstrates the dedication of the company to integrating energy-efficient practices and technologies into its manufacturing processes.

Access Research Report of Americas Reusable Gloves Market @ https://www.grandviewresearch.com/industry-analysis/americas-reusable-gloves-market-report

Americas Reusable Gloves Market Report Highlights

• In terms of material, the nitrile gloves dominated the market and accounted for a market share of 37.7% in terms of revenue in 2023. Nitrile reusable gloves have a longer shelf life than latex reusable gloves. Moreover, they have lower friction and higher puncture resistance than the former
• In terms of end-use, the chemical end use segment is expected to register growth at a CAGR of 9.2% over the forecast period. Contact with harmful chemicals and petrochemicals in the working environment is one of the major health concerns for workers. Chemical and petrochemical products can be corrosive, and flammable, and may irritate, owing to which, the use of protective gear on job sites becomes essential
• In terms of country, the U.S. dominated the market in 2023 and accounted for 56.5% of the market share in 2023. The substantial adoption of reusable gloves in the U.S. can be linked to the stringent implementation of various regulations related to the safety of workers and increased employee consciousness regarding their safety
• Kimberly-Clark Professional introduced Opal nitrile gloves in January 2022 to provide workers with better comfort during extended usage and improve their tactile sensitivity without compromising their safety

Americas Reusable Gloves Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 5.06 billion
Revenue forecast in 2030	USD 8.01 billion
Growth Rate	CAGR of 7.9% from 2024 to 2030
Base year for estimation	2023
Historical data	2018 - 2023
Forecast period	2024 - 2030

List of Key Players in the Americas Reusable Gloves Market

• The Glove Company
• SHOWA GROUP
• Superior Glove
• MCR Safety
• United Glove
• ANSELL LTD.
• Kimberly-Clark Corp.
• The Globus Group
• Newell Co.
• Altex Gloves USA, LLC

Access Press Release of Americas Reusable Gloves Market @ https://www.grandviewresearch.com/press-release/americas-reusable-gloves-market-analysis

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon