The country accounted for 49. On the other hand, a large number of the worker population is still unaware about industrial protective gears, which is obstructing the market’s growth. These players are: Top Glove Corporation Bhd, Hartalega Sdn Bhd, Kossan Rubber Industries Bhd, and Supermax Corporation Bhd. Rising cases of accidents in workplaces have created a need for safety measures, which is aiding the growth of this market. Players in the market are competing with each other and attempting to gain an edge by means of product innovation, states a new report by Transparency Market Research (TMR).comThis release was published on openPR.Contact TMR90 State Street, Suite 700Albany,.Browse Market Research Report .transparencymarketresearch.9% of the market in 2016.About TMRTMR is a global market intelligence company providing business information reports and services. Governments and other regulatory bodies are taking strong actions against those employers and industries that do not adhere to the safety norms.
On the basis of type, the market is expected to be led by disposable gloves. “In addition to this, there lies an opportunity in the untapped developing countries in Asia Pacific,” states a TMR analyst.. On the basis of country, Malaysia is anticipated to continue to lead. Moreover, it is expected that some new industries will emerge in this wholesale Grill Gloves region, which will create a heightened demand for industrial gloves by creating fresh opportunities in the market.66 bn in 2016 and is expected to reach US1. Re-usable gloves cause hygiene concerns and thus, disposable gloves are being preferred. However, steps are being taken towards educating workers about the importance of following safety standards.com/sample/sample. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.php?flag. This is anticipated to reduce the impact of this restraint in the forecast period. A number of industries have shown a positive response towards adopting industrial gloves for the sake of having a safe working environment for workers, thus boosting the market.Increasing Importance of Maintaining Worker Safety Driving Demand for Industrial GlovesWorker safety and worker health are gaining importance from the past few years and this is expected to drive the demand for industrial gloves. Key players are acquiring established players in an effort to gain more market shares. Exploring untapped markets and collaborating with companies are some of the other business strategies adopted by players in the Asia Pacific industrial gloves market.transparencymarketresearch. In 2016, disposable gloves segment accounted for 75% of the market..As per the report, the Asia Pacific industrial gloves market was worth US0.For more information on this report, fill the form .
The Asia Pacific industrial gloves market is consolidated with top four companies holding a massive 61% of the market. In addition to this, stringent regulations have been implemented by governments across countries in Asia Pacific, which is anticipated to fuel the demand for industrial gloves.25 bn by the end of 2025, expanding at a 7.Lack of Awareness among Worker Population to Challenge DemandAsia Pacific is anticipated to witness a strong growth in the industrial gloves market as the region is facing rapid industrialization and flourishing industries such as textile, chemical, or automotive.transparencymarketresearch. Rubber industries are domiciled in Indonesia and Thailand. 93% of the global rubber production is in Asia and thus, a high demand for gloves persist from this industry. Demand for industrial gloves is especially high from the rubber industry.News-ID: 601003 • Views: 304More releases.6% CAGR between 2017 and 2025. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers.com/asia-pacific-industria. This is compelling employers and industries to adopt various protective gears for their employees.. A key strategy adopted by players is expanding their