India: Gloves Market 2025

Gloves Market Size in India

The Indian gloves market contracted slightly to $X in 2022, which is down by -1.6% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.2% against 2019 indices. Gloves consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Gloves Production in India

In value terms, gloves production fell modestly to $X in 2022 estimated in export price. Overall, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 37%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Gloves Exports

Exports from India

In 2022, the amount of gloves, mittens and mitts (excluding knitted or crocheted) exported from India reached X pairs, surging by 11% against the year before. Overall, total exports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 96% against the previous year. As a result, the exports reached the peak of X pairs. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gloves exports reduced to $X in 2022. In general, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

The United States (X pairs), the UK (X pairs) and the United Arab Emirates (X pairs) were the main destinations of gloves exports from India, with a combined 9.9% share of total exports. These countries were followed by the Netherlands, Germany, Australia, France, Canada, Italy, Poland, Belgium, Japan and South Korea, which together accounted for a further 5.5%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +25.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gloves exported from India were the United States ($X), the UK ($X) and the Netherlands ($X), together comprising 59% of total exports. These countries were followed by Germany, Australia, France, Canada, Italy, Poland, Belgium, Japan, South Korea and the United Arab Emirates, which together accounted for a further 27%.

Among the main countries of destination, South Korea, with a CAGR of +31.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average gloves export price stood at $X per pair in 2021, increasing by 22% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, gloves export price increased by +158.7% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 95%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per pair), while the average price for exports to the United Arab Emirates ($X per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Gloves Imports

Imports into India

In 2022, purchases abroad of gloves, mittens and mitts (excluding knitted or crocheted) increased by 15% to X pairs for the first time since 2018, thus ending a three-year declining trend. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by 44%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, gloves imports stood at $X in 2022. In general, imports recorded a buoyant expansion. The growth pace was the most rapid in 2013 when imports increased by 48% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

In 2021, China (X pairs) constituted the largest gloves supplier to India, accounting for a 9% share of total imports. Moreover, gloves imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X pairs), threefold. The third position in this ranking was taken by the United States (X pairs), with a 0.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+32.0% per year) and the United States (+4.3% per year).

In value terms, China ($X) constituted the largest supplier of gloves, mittens and mitts (excluding knitted or crocheted) to India, comprising 54% of total imports. The second position in the ranking was held by Vietnam ($X), with an 18% share of total imports. It was followed by the United States, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+33.0% per year) and the United States (+5.3% per year).

Import Prices by Country

The average gloves import price stood at $X per pair in 2021, leveling off at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 23% against the previous year. As a result, import price reached the peak level of $X per pair. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Singapore ($X per pair) and Germany ($X per pair), while the price for Sri Lanka ($X per pair) and China ($X per pair) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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