Market Insights of Nitrile Gloves (2022-2030)
Increasing awareness among industry participants regarding the importance of worker safety and security at workplaces, on account of the stringent regulations and high costs associated with workplace hazards, is anticipated to drive the market growth.
The importance of worker safety has significantly increased owing to the increasing employment in industries across Asia Pacific. Global demand was estimated at USD 6.55 billion 2022 and is expected to reach to USD 10.19 billion by 2030, growing at a 5.7% CAGR from 2023 to 2030.
Powder free nitrile gloves led the market and accounted for 72.8% of the global revenue share in 2022 owing to their increasing preference across various industries. Moreover, strict regulations on powdered gloves by many governments worldwide are likely to have a positive impact on powder free nitrile gloves market over the forecast period.
0users like this.
