Europe's €1050 million industrial glove market is under threat from low-cost imports from the Far East, according to a new report from market researchers, Frost & Sullivan. The market, currently growing at 2.7 percent annually, covers gloves made from leather, textile, polymer-textile, polymer, and technical fibres.
Frost & Sullivan Industry Analyst Brian Balmer Balmer said, "New innovations such as blends of polymers, where two polymers are mixed to produce a glove with the properties of both polymers; and multi-layer polymer gloves, in which the glove is repeatedly dipped, normally in different polymers, to provide additional protection, are likely to lead to continued growth."
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Table of contents of report at Frost.com
