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Disposable Gloves Market - Global Industry Insights, 2016–2024

05-03-2018 01:17 PM CET | Health & Medicine

Press release from: Medical Devices

Disposable Gloves Market - Global Industry Insights,

Disposable gloves are widely used for medical and non-medical applications such as in food industry, industrial sector, and other household purposes. Concerns related to hygiene have resulted in use of disposable gloves in medical and food service sector. According to Central Statistical Office, the CAGR of disposable gloves market from 2004 to 2012 was 13.3%. Department of Statistics, Malaysia stated that the overall production of gloves of all types was 8,451,432 thousand pairs in 2013. The U.S. Food and Drug Administration (FDA) is the regulatory body that ensures sets high standards to ensure the quality of disposable gloves during the manufacturing of gloves and are manufactured according to American Society for Testing and Materials (ASTM) specifications and testing requirements.

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Ministry of Health of various countries worldwide have implemented various regulations in healthcare sector regarding mandatory use of gloves in clinics, intensive care units, or any service in medical profession. Due to implementation of people’s livelihood and occupational health regulations by the Chinese government, consumption of disposable gloves in the country increased 15% Y-o-Y to reach 600 million units by 2016. Disposable gloves are used as protection tool in industrial processes, which includes handling of chemicals, unhygienic reactive materials, and medicines. Disposable gloves also find application in households for cleaning and dishwashing, among others.

Prevalent Scenario in Disposable Gloves Market

Disposable gloves are highly recommended to maintain hygiene majorly in healthcare industry. The global market for disposable gloves is primarily driven by the growing healthcare industry and increasing awareness of hygiene among healthcare service providers and food service industry. Rise in incidence of human infectious diseases across the globe and increasing need for infection control drives growth of the global disposable gloves market. In 2014, a study published in the Journal of the Royal Society Interface, “Global Rise in Human Infectious Disease Outbreaks,” examines the global changes in the frequency of outbreaks of infectious disease between 1980 and 2013. In all, the study covered 12,102 outbreaks of 215 diseases, with 44 million individual cases in 219 countries across the world. The increasing number of outbreaks significantly increased focus on maintaining hygiene, which in turn has led to rise in demand for disposable gloves across the world.

With technological advancements, numerous variants of disposable gloves have been developed, which include natural rubber, nitrile, vinyl, neoprene, and polyethylene. Each of the type has a different benefit as compared to conventional rubber gloves and they are used in wide range of applications such as medical, food, automotive, industrial, and households. For instance, nitrile gloves exhibits properties such as high chemical resistance, friction-less, puncture resistant, and longer shelf life than latex gloves. High durability coupled with wide range of application areas makes nitrile gloves a major potential revenue generating segment of global disposable gloves industry. However, latex gloves segment dominates the disposable gloves market due to its high elasticity and inexpensiveness.

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Fluctuations in prices of raw materials can hamper growth of the market. The key manufacturers are focusing on long term collaborations with raw material suppliers to reduce the effect of price fluctuations. Growth in healthcare, food processing, and personal care industry are the major factors for demand and growth in North America, followed by Europe. The Asia-Pacific region is projected to be a fast growing market, mainly attributed to economic growth, high industrialization, and increasing safety concerns in healthcare and food processing industry, especially in India and China. These factors have resulted in an increased growth rate of disposable gloves market in this region, as compared to North America and Europe.

Fragmented Market

The global disposable gloves market is highly fragmented due to the participation of many established and emerging players in the digital genome market. Major players involved in the market include Ansell Healthcare (Australia), Hartalega Holdings Berhad (Malaysia), Semperit AG Holding (Austria), Supermax Corporation Berhad (Malaysia),Kossan Rubber Industries Bhd (Malaysia), Rubberex (Malaysia), Top Glove Corporation Bhd (Malaysia), AdventaBhd (Malaysia), Cardinal Health, Inc. (U.S.), and Dynarex Corporation (U.S.).

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