Asia-Pacific protective gloves market is expected to grow at a CAGR of 7.9% during the forecast period. Asia-Pacific consists of several major economies such as China, Malaysia, and Japan, where significant exploitation of protective gloves is estimated in the near future. China is the second largest economy after the US and has the world’s largest population (1.4 billion), followed by India (1.3 billion) as per data provided by World Bank in 2018. Asia-Pacific is estimated to be a potential market for the protective gloves due to the growing industrial and healthcare sector in the major economies of the region such as China, Japan, Malaysia, and India. This has led to the development of technologically advanced solutions for increasing safety in the industrial sector. Moreover, the region comprises some of the major food processing companies such as Nestlé, Kraft, and Unilever, which are moving towards Asia-Pacific for the establishment of production facilities in the region. As a result, it has been attracting a considerable number of food manufacturers in this region.

The market is increasing due to rising drug discovery initiatives among pharmaceuticals and biotechnology companies in the region. The major countries which have a significant market share during the forecast period are India, China, and Japan. Apart from these nations, South Korea, Malaysia, and Indonesia are some major countries where considerable growth will be observed. Furthermore, the emerging economies in Asia-Pacific dominate European Union imports of protective gloves. According to Nitrtextile, Malaysia and China contribute 21% of total global imports and are the major suppliers of protective gloves, followed by Thailand that contributes 8% in total imports. China majorly dominates EU imports of protective gloves, made of textile, leather, and plastic.

Further, the rising food industry in countries such as South Korea and Taiwanis another major factor that is primarily contributing to the demand for food manufacturing and packaging services. Moreover, the increasing demand for food products from other developed countries such as the US significantly increases the food outsourcing services in these countries. For instance, according to the USDA Foreign Agricultural Service, Thailand is one of the major agricultural suppliers across the globe due to its well-established food processing sector. The country has one of the highly advanced food processing industries across Southeast Asia, enabling the country to export value-added products to the global markets.

Research Methodology

The market study of the Asia-Pacific Protective Gloves market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for glove manufacturing companies, rubber companies, distributors and suppliers, and other related companies for overall market analysis and competitive analysis.The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Asia-Pacific Protective Gloves Market Research and Analysis by Material

2. Asia-Pacific Protective Gloves Market Research and Analysis by Type

3. Asia-Pacific Protective Gloves Market Research and Analysis by End-users

The Report Covers

• Comprehensive research methodology of the Asia-Pacific Protective Gloves market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-Pacific Protective Gloves market.
• Insights about market determinants which are stimulating the Asia-Pacific Protective Gloves market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.