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Smart Gloves Market Overview - Key Futuristic Trends and Competitive

Smart Gloves Market Overview - Key Futuristic Trends and Competitive
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Smart Gloves Market Overview - Key Futuristic Trends and Competitive

Smart Gloves Market Overview - Key Futuristic Trends and Competitive
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Global Rubber Gloves Market Report, 2020-2027 - Market is Expected to Reach $22 1 Billion

Share this article Share this article ResearchAndMarkets.com s offering. The global rubber gloves market size is expected to reach USD 22.1 billion by 2027. The market is expected to expand at a CAGR of 14.7% from 2020 to 2027. Rising government expenditures towards the healthcare industry across countries including Germany, Italy, India, Australia, and the U.K., is expected to drive the market over the forecasted period. The market is driven by rising adoption in industries such as automotive, oil and gas, construction, cleanroom, metal and machinery, and chemicals to prevent injuries at workplaces. This can be attributed to the presence of stringent regulations in various countries towards workers safety, such as Occupational Safety and Health Administration (OSHA), and high costs associated with workplace hazards.

Rubber Gloves Market Size Worth $22 1 Billion By 2027 | CAGR: 14 7%: Grand View Research, Inc

Rubber Gloves Market Size Worth $22.1 Billion By 2027 | CAGR: 14.7%: Grand View Research, Inc. SAN FRANCISCO, Jan. 11, 2021 /PRNewswire/ The global rubber gloves market size is expected to reach USD 22.1 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.7% from 2020 to 2027. Rising government expenditures towards the healthcare industry across countries including Germany, Italy, India, Australia, and the U.K., is expected to drive the market over the forecasted period. Key suggestions from the report: Natural rubber accounted for 41.2% of the global revenue share in 2019, on account of wide usage in medical and food and beverage industries, and useful properties including high elasticity and chemical resistance

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