Glove Box Market to grow by USD 133.92 mn | Technavio

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Feb 04, 2022, 02:30 ET

NEW YORK, Feb. 4, 2022 /PRNewswire/ -- The glove box market value is anticipated to grow by USD 133.92 mn from 2021 to 2026. The growth momentum of the market will decelerate at a CAGR of 10.66% during this period.

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Attractive Opportunities in Glove Box Market by Type and Geography - Forecast and Analysis 2022-2026

Market Dynamics

Factors such as the rising application of glove boxes and the rising number of clinical trials will be crucial in driving the growth of the market. However, the risk related to glove boxes will challenge the market growth.

Company Profiles

The glove box market report includes information on sustainability, product launches, the and prospects of leading vendors, including Antylia Scientific, Coy Laboratory Products Inc., Germfree Laboratories Inc., Glove Box Technology Ltd., JACOMEX SAS, GS GLOVEBOX Systemtechnik GmbH, Inert Corp., LC Technology Solutions Inc., M. BRAUN INERTGAS-SYSTEME GMBH, and VILITEK LLC. The offerings of some of these vendors are mentioned below:

Antylia Scientific - The company offers glove box products such as Cole-Parmer Glove Boxes, Scienceware Portable Glove Boxes, and Plas-Labs La Petite Glove Boxes.
Coy Laboratory Products Inc. - The company offers glove box products such as Basic Glove Boxes and Humidity Control Glove Boxes.
Germfree Laboratories Inc. - The company offers glove box products such as PGB-III, SGB III, SEA GLOVEBOX.
Glove Box Technology Ltd. - The company offers glove box products such as Academic Glove Boxes, ClearView Rigid Glove Boxes, Optimum Glove Box, and ClearView Flexible Glove Boxes.
GS GLOVEBOX Systemtechnik GmbH - The company offers glove box products such as GS Plastic Glove Boxes and GS Core Technolgy Glove Boxes.

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Competitive Analysis

The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses several factors for categorizing the players into four categories. Some of these factors considered for the analysis of this market are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Market Segmentation

By type, the market is classified into the isolation glove box and filtered containment glove box segments. The isolation glove box segment will have significant market share growth during the forecast period. The significant rise in the demand for isolation gloves boxes, owing to their application in cleanrooms and laboratories for manufacturing and testing pharmaceuticals, biologicals, chemicals, and microelectronics, will drive the growth of this segment. The growth will be further supported by the demand for inert gas glove box systems (by researchers) to provide a clean, low-moisture, and low-oxygen environment for working with moisture-sensitive materials or reactive chemicals.
By geography, the market has been classified into five regions, namely North America, Europe, APAC, South America, and MEA. North America will have the largest share of the market.

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Glove Box Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Decelerate at a CAGR of 10.66%
Market growth 2022-2026	USD 133.92 million
Market structure	Fragmented
YoY growth (%)	11.76
Regional analysis	North America, Europe, APAC, South America, and MEA
Performing market contribution	North America at 35%
Key consumer countries	US, Germany, China, UK, and Japan
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Antylia Scientific, Coy Laboratory Products Inc., Germfree Laboratories Inc., Glove Box Technology Ltd., GS GLOVEBOX Systemtechnik GmbH, Inert Corp., JACOMEX SAS, LC Technology Solutions Inc., M. BRAUN INERTGAS-SYSTEME GMBH, and VILITEK LLC
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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