Gloves Market

Gloves market: get access to the latest data provided by an Ai-driven market research tool. Facts and figures include imports, market size, exports, market prices, production, companies, trade, and consumption. There is a breakdown by country, including Russia, China, Africa, EU, the U.S., Latin America, the U.K., and the Middle East. Market trends and outlook to 2030 are also featured in the snapshots.

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Gloves - World's Largest Markets

In value terms, Turkey, China and the United States constituted the countries with the highest levels of market value in 2020, together accounting for 30% of the global market.

Turkey recorded the highest growth rate of market size, among the main consuming countries over the period under review, while gloves market for the other global leaders experienced more modest paces of growth.

Gloves Prices

Gloves - Top Importers

In value terms, the United States ($302M) constitutes the largest market for imported gloves, mittens and mitts worldwide, comprising 23% of global imports. The second position in the ranking was occupied by Germany ($109M), with a 8.3% share of global imports. It was followed by Canada, with a 6.9% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States stood at -15.1%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-4.9% per year) and Canada (-0.0% per year).

Gloves - Top Exporters

In value terms, China ($435M) remains the largest gloves supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by India ($180M), with a 15% share of global exports. It was followed by Pakistan, with a 11% share.

In China, gloves exports shrank by an average annual rate of -23.3% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: India (-11.5% per year) and Pakistan (-29.3% per year).

Gloves - Market Forecast

Driven by increasing demand for gloves worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Gloves - Top Companies

CHACOTT CO., LTD., Guess Europe Sagl, Dalian Yangfan Garment Factory, Authentic Brands Group LLC, Shanghai Metersbonwe Fashion&Accessories Co., Ltd., Shanghai Taoxin Fashion Co.,Ltd., App Winddown, LLC, Zhongshan Xiaolan Town Baosheng Garment Factory, KG ZARA Deutschland B.V. & Co., New ERA Cap Co., Inc., FEELS INTERNATIONAL CO.,LTD., Tianzhu County Lantian Tianhong Garment Factory, Huludao Lianshan District Vocational Education Center School-Run Garment Factory, DESANTO JAPAN K.K., Marc O' Polo AG, STANDARD JEANS APPAREL MFG CO., V Grass Fashion Co., Ltd., Nanjing Yiyuan Yiyuan E - Commerce Co., Ltd., Fashion Group Hyungji Co., Ltd., Poong In Trading Co., Ltd.

Gloves - Product Coverage

• HS 420329 - Clothing accessories; gloves, mittens and mitts, n.e.s. in heading no. 4203, of leather or composition leather, not specially designed for use in sports

Source: IndexBox Market Intelligence Platform