Technical Textiles International : TTI, July 1st, 2004
LOW-COST PRODUCTS flooding the market from China and the Far East are posing a significant challenge to manufacturers of industrial protective gloves in Europe, claims the latest study.
Analysis by Frost & Sullivan on the European industrial protective gloves sector says annual revenues of the overall market were euro1.05 billion in 2003, including gloves made out of leather, textile, polymer-textile, polymer, and technical fibres. By 2010 revenues will have grown to just euro1.26 billion-a compound annual growth rate of 2.7%.
Although many of the manufacturers have already relocated a g...
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