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IndexBox has just published a new report: ‘EU – Surgical Gloves – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

In 2020, EU surgical glove imports exceeded $1.8B, reaching the highest level ever recorded. In physical terms, European imports of surgical gloves rose from 20.6B in 2019 to 35B pairs in 2020. Germany, the Netherlands and Denmark imported 69% of the total supplies in the EU. Germany, the largest European importer, saw a 10%-growth of the import volume last year, while the Netherlands doubled its purchases from abroad. In 2020, the average surgical glove import price in the EU grew by +14% y-o-y to $53 per thousand pairs.

EU Surgical Glove Imports

In 2020, imports of surgical gloves in the EU surged from 20.6B in 2019 to 35B pairs in 2020. In value terms, surgical glove imports soared from $1B in 2019 to $1.8B (IndexBox estimates) in 2020.

The countries with the highest levels of surgical glove imports in 2020 were Germany (9.8B pairs), the Netherlands (8.2B pairs) and Denmark (6B pairs), together reaching 69% of total import. It was distantly followed by France (1.6B pairs), comprising a 4.5% share of total imports. The following importers – Austria (1,436M pairs), Sweden (1,237M pairs), Spain (1,196M pairs), Poland (988M pairs), Italy (769M pairs), Belgium (715M pairs) and Hungary (574M pairs) – together made up 20% of total imports.

In 2020, Denmark saw the most notable growth of imports in physical terms. Denmark increased surgical glove imports from 0.6B pairs in 2019 to 6B pairs in 2020. Over this period, the Netherlands doubled its imports of surgical gloves, while Germany’s purchases rose by +10 y-o-y.

In value terms, Germany ($725M) constitutes the largest market for imported surgical gloves in the EU, comprising 40% of total imports. The second position in the ranking was occupied by the Netherlands ($161M), with an 8.8% share of total imports. It was followed by France, with a 6.9% share.

The surgical glove import price in the EU stood at $53 per thousand pairs in 2020, with an increase of +14% against the previous year. There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Italy, while Denmark was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Industrial workplaces stand as a hotspot for umpteen industrial accidents globally, just in case if proper precautions, like wearing protecting headgears or gloves, are not being followed. In fact, as per the International Labor Organization, more than 1 million industrial accidents occur every year globally, a dreaded count that enunciates the need for effective safety gears like gloves, suits, and headgears. An upsurge in industrial accidents and demand for protective equipment has thus significantly driven the overall growth of the industrial safety gloves market over the years.

Speaking on similar lines, a report by Global Market Insights, Inc., predicts that the worldwide industrial safety gloves market size would exceed a mammoth of USD 8 billion by the end of 2025, subject to intrinsic demand from mining, oil and gas, automotive, and medical industries.

COVID-19 Outbreak: A Catalyzer for Increased Adoption of Safety Gloves in the Medical Industry

Although safety gloves have been gaining massive prominence across various industrial domains, it has currently been witnessing huge traction from the medical sector over the past few months owing to the outbreak of novel coronavirus, an infectious disease that has claimed millions of lives while paralyzing major businesses worldwide.

Safety gloves are currently extensively being used to restrict the cross-contamination of infected or toxic substances while simultaneously ensuring the protection of hands, on the grounds of the spread of COVID-19. In this case, it would be safe to declare that the rising number of coronavirus cases would in turn propel the demand for these gloves globally, offering a huge room for various market players to develop uniquely designed gloves and leverage the profusely thriving medical sector.

An Indian healthcare company- Careway- announced offering single-use disposable hand gloves with over 100 medium-sized gloves to the public, in wake of the ongoing COVID-19 pandemic scenario.

With the mention of disposable gloves, it has been observed that disposable safety gloves have evolved to become an important segment across the industrial safety gloves market space, owing to their one time use, which helps to reduce the probability of being infected or coming into contact with an infected object or a person.

A profound reason adding to the above mentioned for the sudden demand spurt in safety gloves is the potential intervention by various central, and state governments, and other regulatory bodies. These bodies have constantly been raising various concerns regarding the spread of infection on a much larger scale. On top of that, these organizations have also been requesting the medical professional to make full use of this disposable safety equipment on the grounds of the fear of COVID-19, which is anticipated to deepen over time.

With COVID-19 cases increasing dramatically on a daily basis, the threat of the given disease is expected to still prevail in the distance, with no end in sight. This would irrefutably augment the demand for PPE, thereby stimulating the industrial safety gloves market outlook.

Will rising industrialization and automation processes stand as an ideal growth challenge for the industrial safety gloves market?

It is not an unknown fact that the adoption of automation across various industrial verticals is accelerating at a stellar pace, with robots briskly substituting manpower in the manufacturing sector. Myriad manufacturing companies have begun embracing automation attributing to its deliverance of improved operational efficiency with optimum accuracy.

However, the emergence of such advanced technologies has brought to a decline in the sales of protective equipment, which ones were the sole need for all industrial workers. Say for instance, recently announced the world’s first-ever Augmented Reality Management Platform for Industrial Enterprises, developed by Atheer Inc., would enable the hands-free mode of operation via AR devices, in turn readily eliminating the need for industrial safety gloves at manufacturing facilities.

Nevertheless, industrial safety gloves still stand to be the ideal equipment for numerous industrial workers who have been assigned to look after operations that involve potential health risks.

European Surgical Glove Imports Soar Over $1.8B

EU Surgical Glove Imports

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