The global disposable gloves market size is expected to reach USD 15.13 billion by 2028 according to a new study by Polaris Market Research. The report “Disposable Gloves Market Share, Size, Trends, Industry Analysis Report, By Material (Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene); By Form; By End-Use; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The disposable gloves industry is primarily driven by the rising number of covid cases particularly in North America and the Asia Pacific. The growing awareness regarding employee health and safety, along with the increasing industrial fatalities in the developing economies, is also projected to boost the industry growth over the forecast period.
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Market Insight:
The COVID-19 pandemic has fueled the demand for disposable gloves, which has disturbed the supply chain, therefore resulting in the shortage of these products in the industry. The government and manufacturers are increasing their production capacities to meet the demand-supply gap, thus improving the supply chain globally during the past few months.
The demand for disposable gloves in the healthcare sector is accountable for the highest share in the industry during the forecast period. Moreover, stringent regulations regarding workers’ safety in industries such as construction and mining are likely to be the vital factors expected to drive the industry.
The nitrile segment is projected to lead the industry during the forecast period due to the rising adoption of nitrile-based products in the medical, chemical, painting and, laboratory sectors. Polyethylene is highly cost-effective and is mainly used in light-duty applications, which need a frequent change of products, such as in food serving & processing work.
Asia Pacific creates lucrative opportunities for the key players operating in the market, owing to the increase in the geriatric population. Additionally, a rise in healthcare expenditure and developing guidelines are projected to propel market growth in the region.
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The key players operating in the market include Semperit Ag Holding, Top Glove Corporation Bhd, Supermax Corporation Berhad, Ansell Limited, Hartalega Holdings Berhad, Kossan Rubber Industries Bhd, Rubberex Corporation (M) Berhad, Cardinal Health, Adventa Berhad (Sun Healthcare), and Dynarex Corporation.
Polaris Market Research has segmented the disposable gloves market report on the basis of material, form, end-use, and region:
Disposable Gloves, Material Outlook (Revenue – USD Billion, 2016 – 2028)
Disposable Gloves, Form Outlook (Revenue – USD Billion, 2016 – 2028)
Disposable Gloves, End-Use Outlook (Revenue – USD Billion, 2016 – 2028)
Disposable Gloves, Regional Outlook (Revenue – USD Million, 2016 – 2028)
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
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