Global Industrial Gloves Market is Expected to Reach $9
Billion 2024, Says Variant Market Research
Global Industrial Gloves Market Report, published by Variant Market
Research, forecast that the global market is expected to reach $9 billion by 2024
from $4 billion in 2016; growing at a CAGR of 8.6% from 2016 to 2024. By
geography, Asia Pacific and North America are expected to grow at a CAGR of
9.6% and 8.5%, respectively, during the forecast period. Increasing awareness
for safety and hygiene at workplaces is expected to drive the industrial gloves
market. Moreover, rapid industrialization and rules and regulations supporting
the use of protective gears at workplaces is also boosting the market growth.
However, fluctuations in raw material prices and availability of substandard
products may limit the growth of the market. Furthermore, initiatives taken by
government organizations and increasing R&D for product innovations provide
growth opportunities in the upcoming years.
Browse Complete Report @ https://www.variantmarketresearch.com/report-
categories/consumer-goods/industrial-gloves-market