Germany has the significant market growth in European protective gloves market growing at a CAGR of 7.2% during the forecast period, due to the presence of various end-user industries such as healthcare, food & beverages industry, and others that utilize the huge number of protective gloves in the process of manufacturing and other activities. Germany has a significant growth in the food & beverages industry. According to German trade and invest (GTAI), Germany has around 82 million consumers of food and beverages products across the country; this number is expected to increase in future, making Germany a hotspot for manufacturing of food and beverages products in future.
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The sector is categorized by the presence of more than 6,000 small and medium-sized enterprises, which generated total revenue of nearly $196.9 billion in 2016, witnessing a rise of nearly 1.6% from 2015. As the total revenue generation from the food and beverages industry increases, the food product manufacturers focus on employee safety thereby, increasing the demand of the products such as protective gloves in the future.
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Moreover, Germany has the presence of numerous companies which engage in manufacturing of food and beverage products. These include Cargill, Mondel?z Deutschland, Nestlé, Südzucker, Dr.Oetker Group, and Arla among various others. This is expected to create opportunities for the augmentation of the protective gloves manufacturing players to establish their presence in the country and collaborate with these food product manufacturers to give a necessary boost to their revenue stream that further propels the growth of protective gloves market.
Market Segmentation
Germany Protective gloves Market by Material
- Nitrile
- Leather
- Vinyl
- Neoprene
- Other (Butyl, Polyethylene)
Germany Protective gloves Market by Type
- Disposable
- Non-Disposable (Reusable)
Germany Protective gloves Market by End-Users
- Manufacturing
- Food & Beverage
- Construction
- Oil & Gas
- Driving and Sports
- Other (Firefighting, Military, Mining)
Company Profiles
- 3M CO.
- Ansell ltd.
- Delta Plus Group SA
- Honeywell International Inc.
- Kimberly-Clark Corp.
- MSA Safety
- Riverstone Holdings Ltd.
- Top Glove Supermax Corp. Bhd
- Cofra Srl
- Avon Rubber Plc
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
