Indian protective gloves market is expected to grow at a CAGR of 12.9% during the forecast period. India is among the fastest growing economies globally, and thus, contributes considerably to the protective gloves market. India is showing a potential growth for global protective gloves market due to the rising industrial sector with the establishment of manufacturing sites of several pharmaceutical companies and food processing industries in the country. The food sector in India has been significantly emerging as a high-profit and high-growth sector as it holds high potential for value addition, primarily to the food processing industry. According to the India Brand Equity Foundation (IBEF), the food processing industry of India accounts for a total of 32% of India’s total food market.
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The food processing sector in India is ranked fifth in terms of export, manufacturing, and consumption. The Indian food market was valued $1.3 billion in 2016 and is growing at a CAGR of 20%. In 2020, the organic food market in India is expected to grow significantly by three times. The food processing sector in India has contributed nearly 14% to India’s GDP in 2016. It signifies the importance of the food processing sector, which, therefore, marks a necessity for the sector to adopt safe and efficient efforts for food processing in India.
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There are several protective gloves manufacturers operating in the market, which includes Mallcom Ltd. and Atlas Protective, which are the major manufacturers of PPE. The company has its presence in over 50 countries in around 6 continents. It is an integrated manufacturer and distributor of the head to toe protection equipment. West Bengal-based Atlas Protective offers a range of hand safety solutions such as gloves, which includes cut-and-sewn gloves, cotton seamless knitted gloves, nylon gloves, dipped gloves, leather gloves, PVC gloves, neoprene gloves, nitrile gloves, latex gloves, heat resistant gloves, and cut resistant gloves, for hand protection from various industrial hazards.
Market Segmentation
India Protective gloves Market by Material
- Nitrile
- Leather
- Vinyl
- Neoprene
- Other (Butyl, Polyethylene)
India Protective gloves Market by Type
- Disposable
- Non-Disposable (Reusable)
India 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.
- Honeywell International Inc.
- Jiangsu Jaysun Glove Co. Ltd.
- Kimberly-Clark Corp.
- Lakeland Inc.
- Marvel Gloves Industries
- Riverstone Holdings Ltd.
- Supermax Corp. Bhd.
- Kossan Rubber Industries Bhd
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
