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The gloves market size is forecast to increase by USD 11.32 billion at a CAGR of 5.78% between 2023 and 2028. The market is witnessing significant growth due to the increasing focus on occupational safety across various industries, particularly in sectors like oil and gas. The need for personal protective equipment to safeguard workers from hazardous substances, such as oil, chemicals, and particulate matter, is driving the market's expansion. In terms of product trends, both powdered and powder-free gloves made of materials like polyethylene are gaining popularity for their product protection and quality attributes. The introduction of antimicrobial technology in gloves is another emerging trend, enhancing product quality and adherence to stringent quality standards set by the Quality department and regulatory bodies.
However, the market faces challenges due to the volatility in raw material prices, which impacts the overall cost structure of glove manufacturing.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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