The global finger cots market is anticipated to grow at a CAGR of 3.5% during the forecast period (2022-2028). It is a disposable glove that protects the wearer’s fingers from hazardous or sharp objects and usually has a round or oval shape, similar to an oversized thimble. The major factor expected to drive the market growth is the rising demand for nitrile and latex finger cots which have higher tensile strength, increased safety as compared to cotton-based gloves, and reduced risk of allergies. In addition, it is designed to be lightweight and breathable, allowing for dexterity while keeping the hands protected and allowing workers to handle sensitive objects without compromising on safety and preventing contamination while working with paints and glues in electronic assembly operations such as SMT (surface-mount technology) and DIP (dual inline packaging). These factors further support the global figure cots market to grow further during the forecast period.
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Furthermore, it is very useful while working on high voltage equipment as it provides insulation against electric current and reduces the risk of electrocution and also prevents risks that may occur due to exposure to bare wire ends. It protects from harmful debris, dust, and other contaminants during the installation of optical fibers on various components including cables connectors, attenuators, polarizers, among others and also ensure that only a negligible amount of light loss takes place while installing these devices.
Additionally, by type, the nitrile finger cots segment is expected to hold significant share in the global finger cots market during the forecast period as it is disposable protective covers that supports to keep fingers clean and dry while working with sensitive equipment, such as food processing plants. It is also a great alternative for those who can’t use gloves made from natural rubber latex owing to an increase in allergy or sensitivity, and they also offer additional protection against chemical exposure. It is another name for synthetic rubber that has been combined with other chemicals to make it stronger and more durable.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- By Sales Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Honeywell International Inc., B. Braun Melsungen AG, and Fisher Scientific International, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Finger Cots Market Report by Segment
By Type
- Latex Finger Cots
- Nitrile Finger Cots
- Others
By Application
- Electronic Assembly
- Photonics
- Medical and Pharmaceutical Manufacturing
- Others
By Sales Channel
- Hypermarkets and Supermarkets
- Specialty Stores
- Multi-Brand Stores
- Online Stores
- Others
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