The qualitative research study conducted by Global Market Insights, Inc. titled “ Industrial Safety Gloves Market ” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Industrial Safety Gloves Market.
Industrial Safety Gloves Market size is estimated to surpass USD 9 billion by 2024; according to a new research report by Global Market Insights, Inc. Rising awareness about the workers’ wellbeing and the increasing number of occupational fatalities in the manufacturing sector will be the key impetus for the industrial safety gloves market penetration. Standards set by the OSHA, American National Standard for Hand Protection (ANSHP), and EU standards will encourage industrialists to take protective measures against workers’ safety.
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The latest scoop regarding immigrant workers that sparked controversy in the UK has come forth as a wake-up call for industrial safety gloves market players. The incident highlighted the sorry plight of immigrant workers who, in addition to being meagerly paid and threatened with deportation, are rarely provided with gloves while washing cars with bare hands and strong shampoo.
The fact that this issue is being termed as “modern slavery” goes to show that basic employee safety is now being considered a human right rather than a necessity and that industries, no matter how big or small, have to abide by such regulations. This trend has substantially augmented industrial safety gloves market outlook in addition to encouraging manufacturers to bring forth newer products in the industry that boast of increased safety features.
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Even more than a decade back, studies had brought to the forefront compelling figures that can account for the solid stance of the industrial safety gloves market back then. The study conducted by the U.S. Centers for Disease Control and Prevention found that nearly 1,080,000 emergency room visits per annum by workers in the US can be contributed to hand injuries. Hand and finger lacerations also accounted for more than 110,000 days-away-from-work.
During the same time, according to figures compiled by the U.S. Bureau of Labor Statistics, the American Road and Transportation Builders Association, the National Safety Council, and the International Safety Equipment Association, it was found that the construction industry in the U.S. spends $48 million to compensate for hand injuries rather than the $8.3 million it should be spending by simply equipping all workers with protective gloves. Companies have now come to understand that the amount spent to cover the cost of hand injuries every year is greater than the amount spent to provide laceration and abrasion resistant gloves and ensuring their use. This realization has only served to increase in the last few years, majorly propelling industrial safety gloves industry trends.
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The application spectrum of industrial safety gloves market is appreciably widespread. The construction industry, for example, has emerged as one such field of work where the requirement for safety gloves is a basic necessity. Prominent players have been manufacturing special gloves to protect workers from lacerations received from handling rough and sharp building materials such as glass, roofing or metal; chemical burns; the possible poisonous effects of chemicals in Portland cement and injury from the materials and tools handled in the course of a day’s work. Another industry that does not involve as much danger of lacerations but requires increased use of safety gloves to avoid particle contamination is the semiconductor industry.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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