Europe is expected to contribute significantly to what Credence Research estimates to be a US$30 billion gloves market in the next seven years
The Global Safety Gloves Market report anticipates a market CAGR of 7.2%, reaching US$30.36 billion by 2032.
Construction, healthcare, oil and gas, and manufacturing were listed as the sectors most likely to fuel demand for safety gloves, especially in emerging economies undergoing rapid industrialisation.
Whilst North America is expected to hold the demand share of market demand, growing standards and an emphasis on sustainable products make Europe a fierce competitor over the next seven years.
Credence Research highlighted the UK, Germany and France specifically as three key nations where stricter regulation is anticipated to bolster demand.
