South Korea Hand Protection Equipment Market Size & Outlook

The hand protection equipment market in South Korea is expected to reach a projected revenue of US$ 469.1 million by 2030. A compound annual growth rate of 6.9% is expected of South Korea hand protection equipment market from 2023 to 2030.
Revenue, 2022 (US$M)
$276.0
Forecast, 2030 (US$M)
$469.1
CAGR, 2023 - 2030
6.9%
Report Coverage
South Korea

South Korea hand protection equipment market, 2018-2030 (US$M)

South

South Korea hand protection equipment market highlights

  • The South Korea hand protection equipment market generated a revenue of USD 276.0 million in 2022 and is expected to reach USD 469.1 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
  • In terms of segment, durable was the largest revenue generating product in 2022.
  • Durable is the most lucrative product segment registering the fastest growth during the forecast period.


Hand protection equipment market data book summary

Market revenue in 2022USD 276.0 million
Market revenue in 2030USD 469.1 million
Growth rate6.9% (CAGR from 2022 to 2030)
Largest segmentDurable
Fastest growing segmentDurable
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDisposable, Durable
Key market players worldwideTop Glove Corp Bhd, Hartalega Holdings Bhd, Bunzl PLC, Kimberly-Clark Corp, Owens & Minor Inc, Superior Gloves, Adenna, AMMEX Corporation, Sempermed USA


Other key industry trends

  • In terms of revenue, South Korea accounted for 1.2% of the global hand protection equipment market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China hand protection equipment market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,341.9 million by 2030.

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Hand Protection Equipment Market Companies

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South Korea hand protection equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hand protection equipment market will help companies and investors design strategic landscapes.


Durable was the largest segment with a revenue share of 58.22% in 2022. Horizon Databook has segmented the South Korea hand protection equipment market based on disposable, durable covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea hand protection equipment market databook

  • Our clientele includes a mix of hand protection equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea hand protection equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea hand protection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea hand protection equipment market size, by product, 2018-2030 (US$M)

South Korea Hand Protection Equipment Market Outlook Share, 2022 & 2030 (US$M)

South Korea hand protection equipment market size, by product, 2018-2030 (US$M)

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