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Cut-resistant gloves are personal protective equipment specially designed for protecting from sharp objects. These gloves come with a good grip and provide resistance against moisture. With the increase in awareness for worker's safety in mining, oil & gas, construction, manufacturing, and other industries, the demand for cut resistant gloves is increasing. In the chemical industry, gloves help protect the hands from touching harmful chemicals, oils, and grease. The increase of new entrants in the labor-intensive industries will result in a surge in demand for cut resistant gloves. The outbreak of the COVID-19 pandemic has resulted in a drop in demand for cut resistant gloves, as governments all over the globe has to enforce lockdown. The lockdown had halted all the operations in the industries, so the requirement for these gloves had decreased.
COVID-19 Impact analysis
Top Impacting Factors
Market Trends
Increase in product innovation to attract more consumers
Manufacturing companies are investing in R&Ds to improve product quality and reducing the usage of chemicals that leads to serious health issues in workers. The introduction of accelerator free gloves in the market is expected attract customers towards buying and using the product. The improvement in quality in cut resistant gloves is expected increase the life of usage and comfort. The introduction of anti-moisture gloves is changing the scope of growth, as moisture is the prime cause of side effect that occurs while using the gloves. Moisture from the worker's hand reacts with the chemical present in the gloves lead to skin rashes and other allergies. Manufacturing companies are focusing on retaining their customers with the introduction of a new product with added features.
An increase in strategic alliances by the manufacturing industries to increase awareness toward safety
Manufacturing companies are increasing their alliances strategically with the labor-intensive industries and entering into a partnership with the e-commerce giants. The companies are conducting workshops and other seminars to create awareness for safety in the workplace. Companies are introducing the need for cut-resistant gloves and the benefits that a worker gets from using them. These initiatives are increasing the awareness for safety, sales of cut resistant gloves and market growth. These initiatives taken by the cut resistant gloves company is influencing the new entrants of the market to adapt to the safety guidelines for avoiding unfavorable circumstances.
Key Benefits of the Report
Questions answered in the Report
Cut Resistant Gloves Market Report Highlights
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Key Market Players | Ansell Limited, Kimberly-Clark Corporation, Protective Industrial Product, Inc., Hartalega Holdings Berhad, 3M Company., Top Glove Corporation BHD, Kassan Rubber Industries BHD, Honeywell International Inc, Supermax Corporation Berhad, W.W. Grainger, Inc. |
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