Reflective Gloves Market - Forecast(2023 - 2028)

Reflective Gloves Market Overview

The global reflective gloves market size is forecasted to reach US$2.5 billion after growing at a CAGR of around 4.5% from 2022 to 2027. The reflective gloves are designed to reflect the light and provide high visibility in roads, traffic, cycling, and other activities. It is prepared from high visibility coloring, reflective materials including cotton, polyester, modacrylic, dacron, teflon, and others. The reflective gloves are used for applications in maintenance work, road construction, traffic control, mining activities, and other low-light areas. Moreover, the increasing demand of reflective gloves with high visibility in the traffic control and construction activities is driving the global reflective gloves market. The growing application of fluorescent and reflective gloves for major end use industries such as construction, government service, oil and gas, and others will offer major growth in the market during the forecast period.

COVID-19 Impact

The global reflective gloves industry faced major impacts during the covid-19 pandemic phase. The reflective gloves have major application in the construction industry. The construction sector was majorly impacted in the covid-19. The building and construction activities faced delay, production disruptions, issues in supply chain, and labor shortages. The infrastructure development, building and construction permits were temporarily delayed. According to the World Bank data, the value added by the construction industry in 2020 reached USD 22.04 trillion, falling USD 1.26 trillion compared to the value in 2019. The fall in production and growth of construction sector led to a major fall in the application of reflective gloves. Thus, the operational restrictions, shortages of raw material in construction, and decline in growth of building and construction activities led to major slowdown and hampered growth in the reflective gloves market, thereby leading to decline in demand in the global reflective gloves market in the covid-19 outbreak.

Report Coverage

The “Reflective Gloves Market Report– Forecast (2022-2027)” by IndustryARC covers an in-depth analysis of the following segments of the global reflective gloves industry.

By Material: Polyester, Cotton, Modacrylic, Nylon, and Other
By Type: Flock Lined, Non-Disposable, Latex Free, Powdered, Washable, Non-Powdered, and Others
By Application: Bike Riders, Traffic Control, Outdoor Sports, and Others
By End Use Industry: Construction (Residential, Commercial, and Industrial), Government Service Industry, Oil & Gas, and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa)

Key Takeaways

• The global reflective gloves market size will increase owing to its growing demand in road construction sites, oil and gas sites, mining, outdoor sports, utilities, and others during the forecast period.
• The Asia Pacific is the fastest growing region in the global reflective gloves market owing to the highest demand from major end-use industries, along with growth in construction and infrastructure, manufacturing sites and development in mining sector, thereby boosting the demand for reflective gloves.
• The demand of global reflective gloves market in the construction industry is growing due to major application in traffic control, mine sites, building, road construction, and others.

Reflective Gloves Market Segment Analysis – By Application

By application, the traffic control segment accounted for the largest share in the global reflective gloves market and is expected to grow with a CAGR of around 5.2% during the forecast period. The demand of reflective gloves is growing in the traffic control applications owing to its excellent visibility, light reflectivity in low light or night time. The reflective gloves and clothing is used in traffic control in construction sites and works by guiding the movement of vehicles in the night. Furthermore, the rise in construction and infrastructure development activities such as road, highways, building, and others is propelling the demand for reflective gloves owing to its major usage in low light and night time. For instance, the Government of India, under the Union Budget 2022-23, the government of India allocated USD 26.04 billion to the ministry of Road Transport and Highways for road construction and infrastructure. Thus, with increasing demand of fluorescent and reflective gloves in traffic control in construction sites, the global reflective gloves industry will grow rapidly during the forecast period.

Reflective Gloves Market Segment Analysis – By End-Use Industry

By end-use industry, the construction segment held the largest global reflective gloves market share and is expected to grow with a CAGR of over 4.1% during the forecast period. The reflective gloves have major application in the road construction, traffic control, and other building sites. These gloves are prepared from the reflective materials and high visibility coloring, thereby controls hazards and injury risks in low light conditions and injury prone areas in the building and construction sites. Moreover, the rising development in construction and building sector is influencing the growth of reflective gloves in the market. According to the United States Census Bureau, the construction spending accounted for USD 1,704 billion in February 2022. Thus, with growing demand of reflective gloves in construction sector, the global reflective gloves industry will grow rapidly during the forecast period.

Reflective Gloves Market Segment Analysis – By Geography

By geography, the Asia Pacific is the fastest-growing region in the global reflective gloves market and is expected to grow with a CAGR of around 5.9% during the forecast period. The robust growth of reflective gloves in this region is influenced by rising demand from various end-use industries such as construction, oil and gas, utilities sector, and others. The reflective gloves offer high visibility and protection, and is therefore used in wide range of applications in cycling, construction work, mining, transportation, and others. Moreover, the growing oil and gas production and mining activities is boosting the demand of reflective gloves. According to the International Energy Agency (IEA), China is expected to hold more than 40% of the gas demand growth globally by 2024. The rise in road construction and infrastructure development projects in the APAC region is propelling the demand of high visibility and reflective gloves. Thus, with growing application and demand for reflective and fluorescent color gloves, the global reflective gloves industry market will grow rapidly during the forecast period.

Reflective Gloves Market Drivers

Increasing biking and cycling activities

The reflective gloves have a growing demand for biking, cycling, bike rides, and other activities. This is due to its properties such as light reflectivity in low light conditions, high visibility, and elasticity. The reflective gloves are made up of material such as polyester, cotton, dacron, nylon, modacrylic, and others and offers protection from cold, ensures safety, grip, and high visibility in biking, cycling, and running in night or low light conditions. For instance, the Bicycle Association data states that the bicycle sales rose by 63% between April and June 2020 in U.K. The growth in cycling and commuting trends is leading to major growth opportunities for the reflective material gloves Thus, with demand of high visibility and reflective gloves in nighttime or low light for biking or cycling is driving the global reflective gloves market and offering major growth opportunities for the industry.

Growing application in the construction sector

The demand of reflective gloves is high in the construction sector. The reflective gloves are used in road construction, construction traffic control, and others. The disposable gloves are a popular option in the building and construction sector. Moreover, the growth in construction activities for road, building, and other sites is creating a drive in the global reflective gloves market. According to the India Brand Equity Foundation (IBEF), the India is expected to become third largest construction sector globally by 2022, with plans to invest USD 1.4 trillion on infrastructure projects from 2019 to 2023. Thus, the demand for high visibility gloves in low light construction site, safety of workers, and traffic control in road construction during night time is offering major growth in the market.

Reflective Gloves Market Challenges

Inefficiency during day light and poor heat resistance of reflective material

The reflective gloves use different material such as polyester, cotton, dacron, teflon, modacrylic, nylon, and others. However, the unsuitability of reflective or retroreflective gloves in daylight creates a major challenge in the market. The retroreflective material is inefficient in the day light and results in low visibility during day time. Furthermore, the fabric material such as modacrylic is a poor conductor of heat and is prone to matting and pilling. Thus, owing to these factors, the global reflective gloves market face hamper and restricted growth

Reflective Gloves Industry Outlook

The global reflective gloves top 10 companies include:

1. Tizhou Junan Reflective Material Co. Limited
2. Avery Dennison
3. HaltzGloves LLC
4. 3M
5. Nippon Carbide Industries
6. Madico
7. Haverkamp
8. Eastman
9. Wintech
10. Solar Gard-Saint Gobain

Recent Developments

• In March 2021, the Ansell Ltd completed the acquisition of the Primus brand and assets and entered into long term supply partnership with the aim to boost the gloves supply and brand recognition.
• In November 2020, the Protective Industrial Products, Inc. announced the acquisition of Caiman brand of the Primax Manufacturing & Trading, Inc. The Caiman offers premium products, high performance gloves, and protective clothing in the market.
• In July 2019, HaltzGloves, Atlanta based startup signed contract to manufacture pink gloves that has high visibility in night. This contract to manufacture pink high visibility gloves will spread awareness about breast cancer and maintain safety in traffic and crowds.

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