Western European Industrial Hand Protection Market, Forecast to 2023

Western European Industrial Hand Protection Market, Forecast to 2023

Increasing Demand for Gloves That Offer Better Comfort Without Compromising Safety is Expected to Bolster the Industrial Hand Protection Market in the Region

RELEASE DATE
16-May-2019
REGION
Europe
Research Code: ME5C-01-00-00-00
SKU: PP00174-EU-MR_23172

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Description

The Western European industrial hand protection market is heading towards consolidation owing to merger and acquisition (M&A) activities. The market has witnessed shifting trends from silicone-based products to nitrile-based gloves. Rising demand for less bulky, thin, and durable hand protection has resulted in the development of materials that offer greater comfort without compromising on comfort and protective features. Polyester and nylon have been used where protection against minor abrasions is required. High-performance Polyethylene (HPPE) offers superior levels of cut protection. Product innovation and diversified product offering are the two key factors that will help market participants to remain competitive in the market. M&A activities are a key strategy adopted by top market participants to expand their geographic reach and to strengthen their product offerings.

To strengthen their brand value, manufacturers are placing greater emphasis on product differentiation, as customers have become more sophisticated and specific about their requirements. Mechanical gloves continue to have the highest demand. Increasing adoption of these gloves in the majority of end-use industries makes it the largest product segment. Rising demand for application-specific gloves is expected to support the demand for special protection gloves. Germany accounts for the largest market share. Factors such as highly qualified labour force and steady growth in manufacturing industries are expected to support the demand for industrial hand protection in the regional market. Ansell continues to account for the largest market share. Company’s focus on product innovation and strengthening distributor–customer relationship through channel partnership programme has helped the company to strengthen its market presence Quality and innovation are the key competitive factors.

Furthermore, regional regulatory updates have made it compulsory for personal protective equipment (PPE) distributors to be responsible for the quality of PPE products made available in the market. Thus, rising demand for good quality products is expected to support the revenue growth during the forecast period. Fluctuating raw material prices often result in increased final cost of the product. Higher prices can be a challenge for manufacturers and distributors, especially when selling to price-sensitive end users. Germany is Europe’s biggest automotive market, and around 20% of domestic industry revenue was generated by the automotive industry. This is likely to propel the demand for gloves that offer higher cut as well as chemical protection. Ansell continues to account for the largest market share. Extensive hand protection portfolio and focus on research and development to introduce new products have helped the company to achieve a competitive edge over other market participants. Construction and manufacturing industries continue to dominate the demand for industrial hand protection market. Rising end-user demand for gloves that offer higher puncture, cut, impact, and abrasion resistance are expected to support the demand during the forecast period. The price of hand protection is not only limited to the purchase price but it also depends upon the product performance and the magnitude to which it can reduce hand injuries and expenses related to it. Safety expenditure is important, especially for small participants that often have limited safety budget. Laundering helps to increase the service life of the product and also costs less than purchasing a glove after each use. Majority of non-disposable gloves can be laundered twice or thrice. Furthermore, installing vending machines or asking the workers to obtain the gloves by raising a request will prevent the workers from disposing gloves prematurely. Prices for gloves range from €0.4 to €500 depending upon the level and type of hand protection required across end-use industries. With the growth of high-end products, the average market price is expected to grow. Most of this growth is likely to be seen in the cut-protection and special gloves segment.

Table of Contents

Key Findings

Market Engineering Measurements

CEO’s Perspective

Market Overview

Market Overview (continued)

Market Overview—Segmentation

Trends in Western Europe Industrial Hand Protection Market

Trends in Western Europe Industrial Hand Protection Market (continued)

Trends in Western Europe Industrial Hand Protection Market (continued)

Trends in Western Europe Industrial Hand Protection Market (continued)

Trends in Western Europe Industrial Hand Protection Market (continued)

Trends in Western Europe Industrial Hand Protection Market (continued)

Total Hand Protection Market—Regulations, 2015–2023

Total Hand Protection Market—Regulations, 2015–2023 (continued)

Key Questions this Study will Answer

Market Segmentation

Manufacturing Techniques

Market Distribution Channels

Market Drivers

Drivers Explained

Drivers Explained (continued)

Drivers Explained (continued)

Market Restraints

Restraints Explained

Market Engineering Measurements

Forecast Assumptions

Revenue Forecast

Revenue Forecast Discussion

Pricing Trends

Pricing Trends and Forecast Discussion

Percent Revenue Forecast by Product Type

Revenue Forecast by Product Type

Revenue Forecast by Product Type Discussion

Percent Revenue Forecast by End-use Industries

Revenue Forecast by End-use Industries

Revenue Forecast by End-use Industries Discussion

Percent Revenue Forecast by Region

Revenue Forecast by Region

Revenue Forecast by Region Discussion

Revenue Forecast by Region Discussion (continued)

Market Share

Market Share Analysis

Competitive Environment

Top Competitors—SWOT Analysis

Top Competitors—SWOT Analysis (continued)

Growth Opportunity 1—Demand for Hand Protection That Combines Better Cut Resistance and Comfort

Growth Opportunity 2—Innovation to Act as a Catalyst for Companies to Achieve Higher Market Share

Strategic Imperatives for Success and Growth

Overview and Introduction

Key Findings

Market Engineering Measurements

Mechanical Protection Gloves—Revenue Forecast

Mechanical Protection Gloves—Revenue Forecast Discussion

Mechanical Protection Gloves—Percent Revenue Forecast by Country

Revenue Forecast by Country

Mechanical Protection Gloves—Percent Revenue Forecast by Product Type

Mechanical Protection Gloves—Revenue Forecast by Product Type

Revenue Forecast Discussion by Product

Mechanical Protection Gloves—Competitive Environment

Overview and Introduction

Chemical Protection Gloves—Key Findings

Market Engineering Measurements

Chemical Protection Gloves—Revenue Forecast

Chemical Protection Gloves—Revenue Forecast Discussion

Chemical Protection Gloves—Percent Revenue Forecast by Country

Revenue Forecast by Country

Chemical Protection Gloves—Competitive Environment

Overview and Introduction

Key Findings

Market Engineering Measurements

Thermal Protection Gloves—Revenue Forecast

Thermal Protection Gloves—Revenue Forecast Discussion

Thermal Protection Gloves—Percent Revenue Forecast by Product Type

Thermal Protection Gloves—Revenue Forecast by Product Type

Thermal Protection Gloves—Revenue Forecast Discussion by Product

Thermal Protection Gloves—Percent Revenue Forecast by Country

Revenue Forecast by Country

Thermal Protection Gloves—Competitive Environment

Overview and Introduction

Key Findings

Market Engineering Measurements

Special Protection Gloves—Revenue Forecast

Special Protection Gloves—Percent Revenue Forecast by Product Type

Special Protection Gloves—Revenue Forecast by Product Type

Special Protection Gloves—Percent Revenue Forecast by Country

Revenue Forecast by Country

Anti-vibration and Anti-impact Gloves—Market Engineering Measurements

Anti-vibration and Anti-impact Protection Gloves—Revenue Forecast

Anti-vibration and Anti-impact Protection Gloves—Revenue Forecast Discussion

Anti-syringe Protection Gloves—Market Engineering Measurements

Anti-syringe Protection Gloves—Revenue Forecast

Anti-syringe Protection Gloves—Revenue Forecast Discussion

Electric Insulation Protection Gloves—Market Engineering Measurements

Electric Insulation Protection Gloves—Revenue Forecast

Electric Insulation Protection Gloves—Revenue Forecast Discussion

Critical Environment Gloves—Market Engineering Measurements

Critical Environment Gloves—Revenue Forecast

Critical Environment Gloves—Revenue Forecast Discussion

Special Protection Gloves—Competitive Environment

Germany—Market Overview

Germany—Revenue Forecast

Germany—Percent Revenue by Product

Germany—Revenue Forecast by Product

Germany—Revenue Forecast Discussion

Germany—Competitive Environment

France—Market Overview

France—Revenue Forecast

France—Percent Revenue by Product

France—Revenue Forecast by Product

France—Revenue Forecast Discussion

France—Competitive Environment

The UK and Ireland—Market Overview

The UK and Ireland—Revenue Forecast

The UK and Ireland—Percent Revenue by Product

The UK and Ireland—Revenue Forecast by Product Type

The UK and Ireland—Revenue Forecast Discussion

The UK and Ireland—Competitive Environment

Scandinavia—Market Overview

Scandinavia—Revenue Forecast

Scandinavia—Percent Revenue Forecast by Product

Scandinavia—Revenue Forecast by Product

Scandinavia—Revenue Forecast Discussion

Scandinavia—Competitive Environment

Alpine—Market Overview

Alpine—Revenue Forecast

Alpine—Percent Revenue by Product

Alpine—Revenue Forecast by Product Type

Alpine—Revenue Forecast Discussion

Alpine—Competitive Environment

Italy—Market Overview

Italy—Revenue Forecast

Italy—Percent Revenue Forecast by Product

Italy—Revenue Forecast by Product

Italy—Revenue Forecast Discussion

Italy—Competitive Environment

Benelux—Market Overview

Benelux—Revenue Forecast

Benelux—Percent Revenue Forecast by Product

Benelux—Revenue Forecast by Product

Benelux—Revenue Forecast Discussion

Benelux—Competitive Environment

Iberia—Market Overview

Iberia—Revenue Forecast

Iberia—Percent Revenue by Product

Iberia—Revenue Forecast by Product Type

Iberia—Revenue Forecast Discussion

Iberia—Competitive Environment

The Last Word—3 Big Predictions

Legal Disclaimer

Market Engineering Methodology

Total Hand Protection Market—Company-Product Matrix, Western Europe, 2015–2023

Total Hand Protection Market—Company-Product Matrix, Western Europe, 2015–2023 (continued)

Total Hand Protection Market—Company-Product Matrix, Western Europe, 2015–2023 (continued)

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Related Research
The Western European industrial hand protection market is heading towards consolidation owing to merger and acquisition (M&A) activities. The market has witnessed shifting trends from silicone-based products to nitrile-based gloves. Rising demand for less bulky, thin, and durable hand protection has resulted in the development of materials that offer greater comfort without compromising on comfort and protective features. Polyester and nylon have been used where protection against minor abrasions is required. High-performance Polyethylene (HPPE) offers superior levels of cut protection. Product innovation and diversified product offering are the two key factors that will help market participants to remain competitive in the market. M&A activities are a key strategy adopted by top market participants to expand their geographic reach and to strengthen their product offerings. To strengthen their brand value, manufacturers are placing greater emphasis on product differentiation, as customers have become more sophisticated and specific about their requirements. Mechanical gloves continue to have the highest demand. Increasing adoption of these gloves in the majority of end-use industries makes it the largest product segment. Rising demand for application-specific gloves is expected to support the demand for special protection gloves. Germany accounts for the largest market share. Factors such as highly qualified labour force and steady growth in manufacturing industries are expected to support the demand for industrial hand protection in the regional market. Ansell continues to account for the largest market share. Company?s focus on product innovation and strengthening distributor?customer relationship through channel partnership programme has helped the company to strengthen its market presence Quality and innovation are the key competitive factors. Furthermore, regional regulatory updates have made it compulsory for personal protective equipment (PPE) distributors to be responsible for the quality of PPE products made available in the market. Thus, rising demand for good quality products is expected to support the revenue growth during the forecast period. Fluctuating raw material prices often result in increased final cost of the product. Higher prices can be a challenge for manufacturers and distributors, especially when selling to price-sensitive end users. Germany is Europe?s biggest automotive market, and around 20% of domestic industry revenue was generated by the automotive industry. This is likely to propel the demand for gloves that offer higher cut as well as chemical protection. Ansell continues to account for the largest market share. Extensive hand protection portfolio and focus on research and development to introduce new products have helped the company to achieve a competitive edge over other market participants. Construction and manufacturing industries continue to dominate the demand for industrial hand protection market. Rising end-user demand for gloves that offer higher puncture, cut, impact, and abrasion resistance are expected to support the demand during the forecast period. The price of hand protection is not only limited to the purchase price but it also depends upon the product performance and the magnitude to which it can reduce hand injuries and expenses related to it. Safety expenditure is important, especially for small participants that often have limited safety budget. Laundering helps to increase the service life of the product and also costs less than purchasing a glove after each use. Majority of non-disposable gloves can be laundered twice or thrice. Furthermore, installing vending machines or asking the workers to obtain the gloves by raising a request will prevent the workers from disposing gloves prematurely. Prices for gloves range from ?0.4 to ?500 depending upon the level and type of hand protection required across end-use industries. With the growth of high-end products, the avera
More Information
No Index No
Podcast No
Author Hrishikesh Vikas Dhatrak
Industries Personal Protective Equipment
WIP Number ME5C-01-00-00-00
Is Prebook No
GPS Codes 9100-A2,9310,9595