SANTA CLARA, Calif., Oct. 3, 2017 /PRNewswire/ -- Based on its recent analysis of the North American hand protection market, Frost & Sullivan recognizes Superior Glove® with the 2017 North American New Product Innovation Award. Superior Glove®, headquartered in Ontario, Canada, is a global manufacturer of leading-edge and robust hand protection products, with sales and distribution spread across North America and Europe.
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The North American hand protection market is mature and highly fragmented, which drives product differentiation as the key ingredient for success in the industry. In addition, manufacturers and suppliers are faced with a number of other challenges to:
- Develop multi-functional protection products that cater to client-specific needs;
- Innovate and develop products that offer an optimum price-to-performance ratio without compromising on subtle aspects, such as dexterity and light weighting; and
- Establish supply chain reliability, shorter lead time, and high product quality to better compete with lower-priced products from overseas, primarily China and Pakistan.
Frost & Sullivan expects that suppliers clearly focused on offering cost-effective, multi-functional products aligned with industry risks will stay ahead of the competition.
"Superior Glove® has established itself as a leader in the North American (NA) market through its dedication to a customer-centric product development strategy that allows it to focus on subtle features, such as ergonomics, enhancements in material-to-weight ratio, and superior grip—all traits that customers consider an excellent value proposition," said Sanjiv Bhaskar, Vice President of Research. "To meet the needs of customers, the company has produced a comprehensive product portfolio that caters to a number of industry verticals, including aerospace, agriculture, automotive, construction, electronics, food processing, glass handling, oil and gas, pharmaceutical, and steel and metal fabrication. Superior Glove® also offers the Advocate Partnership Program, through which customers can work with the company to tailor products to their specific needs by in-situ testing so the client can make the best product selection."
Superior Glove® has established successful partnerships with a number of well-known material suppliers, such as Kevlar®, Dyneema®, and D3O®, using such relationships to develop multi-functional products made with advanced materials that meet the diverse needs of various industries. For example, Superior Glove®'s Clutch Gear® Hi-Viz MXD3O is primarily an anti-impact glove that uses phase-changing materials (such as D3O®) to offer flexibility and light weighting, along with advanced performance in terms of impact resistance. Moreover, the Dexterity® line of products offers enhanced flexibility while conforming to ANSI A3 for cut protection, level 4 for abrasion resistance, and level 2 for puncture protection.
For all of its products, the company implements stringent quality control procurement procedures. Extensive quality testing is carried out on raw material inputs to ensure high-quality end products. The final product is then thoroughly subjected to cut, abrasion, impact, slip, and puncture tests to ensure performance and conformance to various ANSI standards. Additionally, random samples are sent for third-party inspection and testing, further ensuring quality, performance, and durability.
"Superior Glove® has set itself apart in the hand protection market by focusing on developing high-quality products designed with customers' needs and working conditions in mind," said Bhaskar. "The company's business model is focused on ensuring reliability, product quality, timely delivery, and technical support. As such, Superior Glove® has positioned itself as a leader in the NA hand protection industry."
Superior Glove® is an innovator in the North American hand protection market, with a sharp customer-centric focus. The company has demonstrated its commitment to customers through an unrelenting vision towards continuous product enhancement and new product development. Frost & Sullivan independent analysis clearly shows that Superior Glove® offers products and services that add significant value for its customers, and its balanced emphasis on product and customer service innovation has enabled the company to establish itself as a strong competitor in the market. For these reasons, Superior Glove® has earned Frost & Sullivan's North American New Product Innovation Award.
Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased return on investment (ROI) it gives customers, which, in turn, raises customer acquisition and overall market penetration potential.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Superior Glove®
Superior Glove® is a leader in the industrial work glove industry. Vertical integration, a sound business approach and a dedication to research and innovation has led the company to be one of the largest work glove manufacturers—with customers in North America and Europe. Specializing in cut-resistant gloves, Superior offers an astounding 3,500 styles of work gloves to the safety glove market. Providing "engineered hand protection for every industry" is more than just a slogan—it's the impetus for growth and the foundation on which Superior Glove® was built. Visit www.superiorglove.com for more information.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion.
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