Market Outlook
North America recorded the largest market share in the global agricultural gloves market, and is expected to retain its dominance over the forecast period. Recommendations from environment agencies in the region have influenced demand for chemical resistant gloves in developed economies. Asia Pacific has displayed significant growth potential, however there is still scope for more market penetration in emerging economies such as China and India, where the latter is a majorly agro-based economy. Lack of awareness in remote areas where majority of the population relies on agriculture as a source of income, regarding hazards associated with handling chemicals is hampering the growth of the market in the region. However, factors such as availability of raw materials and cheap labour in the region are estimated to provide growth opportunities for the market in Asia Pacific.
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