Publisher Name : Business Intelligence Insights (BII) Publish Date : 2022-06-16
As per Business Intelligence Insights (BII) study, the Disposable Gloves Market attained revenue growth of USD 11.90 billion in 2021 and it is projected to reach around USD 16.40 billion by 2028, growing at a 5.50% CAGR.
Disposable gloves are primarily used to protect clients and service providers from infection. The food, healthcare, cleaning, and chemical industries all use these gloves. Various disposable glove variations, such as natural rubber, nitrile, vinyl, neoprene, and polyethylene, have been created over time. Each version offers a distinct advantage over traditional gloves, allowing it to be used in a variety of industries including food service, clean rooms, and industrial applications. Nitrile gloves, for example, are more puncture-resistant, frictionless, have a lower rate of allergic reactions, have higher heat and chemical resistance, and have a longer shelf life than latex gloves. Furthermore, increased product demand in the medical, healthcare, pharmaceutical, automotive finishing, chemicals, and oil and gas industries is driving expansion in the disposable gloves market. Moreover, the healthcare industry in developing countries is expected to grow significantly as a result of a variety of factors, including increased public and private sector investment, an increase in chronic diseases, an increase in the number of surgeries performed, population growth, and an increase in the elderly population.
However, despite the growing popularity of gloves around the world, some obstacles are limiting the market. Direct contact with allergic latex proteins in latex glove products can cause allergies. Redness, swelling of the skin, and acute itching are frequent latex allergy symptoms. As a precaution, many institutions have implemented policies prohibiting the use of latex-based medical gloves. According to the American Latex Allergy Association, around 3 million persons in the United States were allergic to latex in 2021.
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Disposable Gloves Market: Companies Mentioned
• Ansell Ltd
• Top Glove Corporation Bhd
• Hartalega Holdings Berhad
• Unigloves (U.K.) Limited
• The Glove Company
• Superior Gloves
• MAPA Professional
• Adenna LLC
• MCR Safety
• Atlantic Safety Products, Inc.
• Globus (Shetland) Ltd.
• Supermax Corporation Berhad
• Kossan Rubber Industries Bhd
• Ammex Corporation
• Kimberly-Clark Corporation
• Sempermed USA, Inc.
• Halyard Health, Inc.
• Corporativo DL S.A. de C.V.
• Medline Industries, Inc.
• Mölnlycke Health Care AB
Key Highlights of the Report
• On the basis of material, Natural rubber dominated the market in 2021, accounting for about 35.0 percent of worldwide revenue. In a variety of applications, such as medical and dental, food processing and service, janitorial and sanitation, pharmaceutical, and automotive, natural rubber disposable gloves provide outstanding performance and protection. Natural latex allergy, on the other hand, is a serious impediment to the use of natural rubber gloves in the medical and food industries. Moreover, because of their increased acceptance in the medical, painting, chemical, laboratory, and dental sectors, disposable nitrile gloves are expected to grow at a faster rate from 2021 to 2028. Nitrile gloves are expected to rise in popularity due to their higher resilience to puncture and chemicals than vinyl and natural rubber gloves.
• In 2021, the medical and healthcare category dominated the market, accounting for about 75.0 percent of worldwide sales. The global spread of the COVID-19 pandemic is expected to increase demand for gloves used by healthcare workers for examination and testing as well as limiting contact with infected patients. Surgical gloves and examination gloves are two common classifications for disposable gloves. Due to increased demand in hospital, veterinary, and dental applications, disposable examination gloves have seen significant expansion in the medical industry. Surgical disposable gloves are used by surgeons and operating room nurses and have higher quality criteria than examination gloves.
• In 2021, North America dominated the market, accounting for roughly 35.0 percent of worldwide sales. The COVID-19 epidemic has resulted in a large increase in disposable glove demand in the region. Increasing healthcare spending, combined with an ageing population and increased awareness of healthcare-acquired illnesses, is expected to boost market growth in the region. The reform proposal includes upgrades to the public healthcare system and infrastructure, as well as investments in new facilities. Medical equipment and devices are projected to be in high demand as a result of these advances. The rising medical industry in the country is expected to increase demand for hand protection equipment such as disposable and durable gloves.
• The report contains qualitative and quantitative research on the Global Disposable Gloves Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.
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Revenue-generating Segment Highlights:
By Material
• Natural Rubber
• Nitrile
• Vinyl
• Neoprene
• Polyethylene
• Others
By Product
• Powdered
• Powder-free
By End-use
• Medical & Healthcare
• Surgical
• Non-medical
By Region
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Rest of Asia Pacific
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East and Africa
o UAE
o South Africa
o Rest of Middle East and Africa (MEA
Ready to generate outstanding revenue opportunities with 'Business Intelligence Insights (BII)’ exclusive Disposable Gloves market study. Highlights of the overall market will be included in the research, as well as frequently asked questions such as –
• What are the historical and projected revenue figures, as well as the CAGR, for the forecast period?
• What is the current trend taking place in the market space?
• What are the business techniques that will influence competitive scenarios as well as the market's growth potential?
• What market drivers, restraints, and challenges are influencing market demand and growth?
• In the approaching years, which regions and segments will generate significant revenue and emerge as industry leaders?
The Disposable Gloves Market report's competitive scenario examines, assesses, and positions firms based on a variety of performance characteristics. The financial performance of organizations over the last few years, growth plans, product innovations, new product launches, investments, market share growth, and so on are some of the elements analysed in this research. Don't wait any longer; take a comprehensive approach and achieve your business objectives with our Disposable Gloves Market Forecast Report 2022- 2028 - Order Now!
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