The Thermal Conductive Gloves Market to Witness Strong Growth Due to Increasing Penetration of Smartphones Worldwide

 

Thermal conductive gloves are widely used to operate touchscreen devices such as tablets and mobile phones to provide warmth. These gloves are made from sandy nitrile that vie with the conductive properties of the skin. Moreover, thermal conductive gloves offer various benefits over conventional gloves. These gloves are designed with special index and thumb materials that work with touch screen devices, so the user do not have to remove their gloves to answer a phone call or access a new song, which makes the usage of touch screen devices, such as smartphones, easier especially during cold weather conditions.

Thus, with the increasing penetration of the Internet and smartphones, the demand for thermal conductive gloves is also increasing rapidly. According to India Brand Equity Foundation, in 2019, India had nearly 502 million smartphone users, accounting for almost 77% of Indians having access to internet. Moreover, the number of smartphone users is expected to reach 780 million in 2021. In the past few years, smartphones market have witnessed a phenomenal growth in India. Furthermore, India overtook the United States to become the second largest smartphone market worldwide, reaching around 58 million shipments in 2019.

This in turn is expected to accelerate the thermal conductive gloves market growth, especially in the Asia Pacific. Thermal conductive gloves offer various advantages, such as breathability, lightweight, ease of use, durability, warmth, ease of grip, dexterity, and ease of donning and doffing. Moreover, wide variety of thermal conductive gloves are available in the market, with different designs, materials, colors, and thickness. Thus, the popularity of thermal conductive gloves is increasing with a rapid pace, driving the market growth. Furthermore, growth of the thermal conductive gloves market can be attributed to technological advances and increasing applications of touch screen technology in many electronics devices such as desktops, laptops, remote control, media extender, digital camera, and portable media players, among others.

Thus, with the rapid growth of the consumer electronics (as touch screen panels are introduced in many electronic appliances), the demand for thermal conductive gloves is also expected to increase in the forthcoming years. According to Retailers Association of India (RAI), sales of consumer electronics increased by around 2% in September 2020 and 8% in October 2020, as compared with same months in 2019. Increasing adoption of touchscreen technology in for automotive electronics is also driving the growth of the thermal conductive gloves market. This growth is augmenting the demand for thermal conductive gloves in the automotive industry.