INDUSTRIAL HAND PROTECTION GLOVES MARKET ANALYSIS

Key Developments

• In June 2023, Ansell Limited, an Australian company which manufactures protective industrial equipment and medical gloves successfully launched its packing and irradiation operations at its new facility in Kovai, India. The company also invested approximately US$ 80 million in its greenfield manufacturing facility in India, enabling it to expand its product offerings and focus on developing a growth strategy to solidify its presence in the region.
• In February 2023, Ansell Limited, an Australian company which manufactures protective industrial equipment and medical gloves announced the acquisition of the remaining 50% shareholding in Careplus (M) Sdn Bhd (Careplus), a prominent manufacturer of surgical gloves. This strategic move gives Ansell Limited full ownership and operational control of the Careplus facility, allowing the company to unlock value creation opportunities through new product development, selective insourcing, capacity expansion, and manufacturing productivity improvements. The acquisition also strengthens Ansell Limited's supply chain and ensures greater control over the quality of its surgical, life science, and exam glove products to better serve its customers and meet the growing global demand.
• In September 2022, J. J. Keller & Associates, the source for DOT Transportation, OSHA Workplace Safety, Construction and Human Resources (HR) products and services, expanded its SAFEGEAR Industrial Gloves line to include all ANSI cut levels, from A1 to A9. The new nitrile-coated products include A5 gloves with 25% steel fiber, A8 gloves with 40% steel fiber, and A9 gloves with 30% tungsten wire. This line extension not only enhanced the company's product offerings but also contributed to its geographic expansion and overall growth.
• In August 2022, Supermax Corp Bhd's subsidiary, Supermax Healthcare Canada, a disposable glove manufacturer announced a strategic partnership with Minco Wholesale & Supply Inc., provides an extensive array of vital materials and supplies, comprising security and sanitation products, janitorial supplies, and trash liners, through a formal agreement. This partnership involves distributing Supermax Healthcare products, including rubber gloves, masks, and non-woven cotton medical products, across North America.