Report : South America Industrial Gloves Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Disposable and Reusable), Material (Natural Rubber, Vinyl, Polyethylene, Nitrile, and Others), and End-Use Industry (Manufacturing, Construction, Food & Beverages, Oil & Gas, Pharmaceutical, and Others)
Manufacturing Segment to Dominate SAM Industrial Gloves Market during 2021–2028
According to a new market research study on “SAM Industrial Gloves Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Material and End-Use Industry” is expected to reach US$ 365.70 million by 2028 from US$ 232.64 million in 2021. The market is estimated to grow at a CAGR of 6.7% from 2021 to 2028. The report provides trends prevailing in the SAM industrial gloves market along with the drivers and restraints pertaining to the market growth. Increasing use of gloves in various industries is the major factor driving the growth of the SAM industrial gloves market. However, issues associated with the fluctuations in raw material prices hinder the growth of SAM industrial gloves market.
The SAM industrial gloves market is segmented based on type, material, end-use industry, and country. Based on type, the market is segmented into disposable and reusable. The disposable segment dominated the market in 2020 and reusable segment is expected to be the fastest growing during the forecast period. Based on material, the market is segmented into natural rubber, vinyl, polyethylene, nitrile, and others. The natural rubber segment dominated the market in 2020 and nitrile segment is expected to be the fastest growing during the forecast period. Based on end-use industry, the market is segmented into manufacturing, construction, food & beverages, oil & gas, pharmaceutical, and others. The pharmaceutical segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on country, the SAM industrial gloves market is classified into the Brazil, Argentina, and Rest of SAM.
3M; Ansell Limited; Cementex Products, Inc.; Cintas Corporation; Honeywell International Inc.; Southern Glove, Inc.; Superior Glove; and Workwear Outfitters, LLC are among the leading companies in the SAM industrial gloves market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansion ns to sustain their position in the dynamic market. For instance, in 2021, Workwear Outfitter LLC, completed its sale to Redwood Capital Investments LLC. This merger has helped company to invest more in its brands and expand into new regions.
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