Dublin, Aug. 16, 2024 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.
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
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.
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
Company Profiles
- 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
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 90 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $4.7 Billion |
| Forecasted Market Value (USD) by 2030 | $8.01 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Latin America, North America |
Key Topics Covered:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.4. Information Analysis
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Americas Reusable Gloves Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Market Segmentation & Scope
3.3. Penetration & Growth Prospect Mapping
3.4. Industry Value Chain Analysis
3.5. Vendor Matrix
3.5.1. List Of Key Raw Material Suppliers
3.5.2. List Of Key Manufacturers
3.5.3. List Of Key Distributors
3.5.4. List Of Key End Users
3.6. List of Reusable Gloves Manufacturers in Mexico
3.7. Regulatory Framework
3.8. Americas Reusable Gloves Market - Market dynamics
3.8.1. Market Driver Analysis
3.8.2. Market Restraint Analysis
3.8.3. Market Opportunity Analysis
3.8.4. Market Challenges Analysis
3.9. Industry Analysis Tools: Americas Reusable Gloves Market
3.9.1. Porter's Analysis
3.9.2. Macroeconomic Analysis
3.10. Economic Mega Trend Analysis
Chapter 4. Americas Reusable Gloves Market: Material Estimates & Trend Analysis
4.1. Material Movement Analysis & Market Share, 2023 & 2030
4.1.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.2. Natural Rubber/Latex
4.3. Nitrile
4.4. Leather
4.5. Nylon
4.6. Vinyl
4.7. Others
Chapter 5. Americas Reusable Gloves Market: End Use Estimates & Trend Analysis
5.1. End Use Movement Analysis & Market Share, 2023 & 2030
5.1.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.2. Construction
5.3. Manufacturing
5.4. Oil & Gas
5.5. Chemicals
5.6. Food
5.7. Pharmaceuticals
5.8. Healthcare
5.9. Transportation
5.10. Mining
5.11. Household
5.12. Others
Chapter 6. Americas Reusable Gloves Market: Country Estimates & Trend Analysis
6.1. Country Movement Analysis & Market Share, 2023 & 2030
6.2. U.S.
6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.3. Canada
6.4. Mexico
6.5. Brazil
6.6. Argentina
6.7. Colombia
6.8. Peru
6.9. Central America
Chapter 7. Americas Reusable Gloves Market - Competitive Analysis
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Key Company/Competition Categorization
7.3. Participant's Overview
7.4. Financial Overview
7.5. Product Benchmarking
7.6. Company Market Positioning
7.7. Competitive Dashboard Analysis
7.8. Company Market Share Analysis, 2023
7.9. Company Heat Map Analysis
7.10. Strategy Mapping
7.10.1. Expansions
7.10.2. Mergers & acquisitions
7.10.3. Partnerships/collaborations
7.10.4. Product launches
For more information about this report visit https://www.researchandmarkets.com/r/veq3zo
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