Rising demand for Disposable Gloves in medical sector and increasing need to ensure proper hygiene due to virus outbreaks are key factors driving market revenue growth
The global Disposable Gloves Market Size size is expected to reach USD 22.9 Billion in 2030 and register a CAGR of 5.5% over the forecast period, according to the latest report by Reports and Data. Key factors such as increasing demand for Disposable Gloves in medical sector and rising concerns regarding hygiene and potential virus infection and spread are some key factors expected to continue to drive market revenue growth. Disposable Gloves, also known as single-use gloves, are safety products that help to avoid cross-contamination and contact with bacteria, pathogens, and other external agents.
Some commonly used Disposable Gloves are natural rubber or latex gloves, polypropylene gloves, Disposable Gloves, neoprene gloves, vinyl gloves, and others. Natural rubber or latex gloves offer excellent elasticity and resistance against acids and alkalis. Disposable Gloves segment accounted for major revenue share in the global market in 2020. These gloves are more cost effective and have puncture, temperature, and chemical resistant properties.
Leading companies operating in the market and profiled in the report include:
Ansell Ltd., Top Glove Corporation Bhd, Hartalega Holdings Berhad, Supermax Corporation Berhad, Kossan Rubber Industries Bhd, Ammex Corp., Kimberly-Clark Corp., Sempermed USA, Inc., MCR Safety, and Cardinal Health.
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Market Dynamics:
The pharma & healthcare sectors has been rapidly growing over the last few decades. Technological advancements in healthcare sector, emergence of various diseases, COVID-19 outbreak are key factors boosting global market revenue growth. Growing need to develop new drugs and medical devices to cater to emerging diseases, high investments in research and development activities, and improvements in healthcare infrastructure and facilities is expected to fuel global market growth over the forecast period. In addition, adoption of AI in various healthcare application, funding from various private and public organizations to boost research activities in pharmaceutical and biotechnology sector and vaccine production during the current pandemic situation is also expected to boost market growth.
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Competitive Landscape:
Dominant key players in the market are adopting various strategies like mergers and acquisition, partnerships, collaborations, joint ventures and product launches to gain a robust footing in the market. Growing demand for various medical products, increasing adoption of home-care settings, point-of-care diagnosis, high demand for vaccines and medication for controlling COVID-19 is expected to benefit the key companies throughout the forecast period.
Global Disposable Gloves Market Size Segmentation:
Product Outlook (Revenue, USD Billion; 2019-2030)
- Powdered
- Powder-Free
Material Outlook (Revenue, USD Billion; 2019-2030)
- Natural Rubber
- Polypropylene
- Nitrile
- Neoprene
- Vinyl
- Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Medical & Healthcare
- Non-Medical
The global Disposable Gloves Market Size is broadly divided into 5 major regions, viz. North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Regional Outlook:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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Some Key Highlights From the Report:
- In September 2021, American Nitrile launched a nitrile glove manufacturing facility in Ohio, United States. This facility will manufacture medical and non-medical latex-free Disposable Gloves for government, healthcare, and industrial use.
- Powder-free segment accounted for largest revenue share in the global market in 2020. This can be attributed to increasing demand for powder-free due to its various advantages such as efficiency, lower risk of skin irritation and chemical reaction, and others.
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