Disposable Gloves Market - Global Forecast to 2026
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Due to the various application of disposable gloves in the medical, food and beverages industry, Food and Drug Administration (FDA), implemented the regulations mandating disposable glove manufacturers to disclose the level of allergy-related proteins and amount of powder in the glove. Moreover, FDA also classified the medical gloves to Class I devices, which mandates gloves to be manufactured under strict conditions and manufacturers would be required to submit additional documentation to the FDA in order to receive the final product review.
The global disposable gloves market is estimated to be valued at US$ 6,155.4 million in 2017 and is expected to witness a CAGR of 7.8% over the forecast period (2018 – 2026)
Increasing number of product development and new product launches are expected to augment growth of the disposable gloves market
Key players in the manufacturing of disposable gloves market are engaged in the continuous development to introduce the gloves, which eliminates the potential transmission of bacteria and other hand/glove transmitted pathogens. For instance, in February 2018, Eagle Protect introduced a new formulation of nitrile gloves similar to the Teflon, which was resistant to bacteria and micro-organisms, thereby reducing the risk of potential cross-contamination in ready-to-eat-foods. In February 2013, Ferraris Piston Service Limited launched a black nitrile disposable gloves product range. These powder-free gloves are indicated to use in both mechanical and industrial environments.
Moreover, the growing burden of disposable gloves could limit the growth of disposable gloves market. The key manufacturers are developing disposable gloves, which could limit the adverse effect of gloves. They are also engaged in the several activities to recycle these disposable gloves. For instance, in December 2013, Globus Ltd lunched GREEN-DEX, the world’s first biodegradable nitrile disposable gloves. GREEN-DEX biodegrades in biologically-active landfills thereby providing an effective single-use hand protection solution and reducing the recycling cost. In June 2017, Cardinal Green Labs partnered with the E&K Scientific to launch the voluntary lab recycling program in the Stanford University lab. The program offers the free recycling bins to sort waste at the source. The program is estimated to keep 600 pounds of waste out of the landfills per bin per year. Furthermore, Cardinal Green Labs set up separate program to recycle the disposable gloves, which then collected and recycled by State, owned Environment Health & Safety Department.
North America accounted for high market share in the disposable gloves market, owing to well-established healthcare infrastructure and government policies, which ensure implementation of high standard of hygiene and best practices in the state. For instance, according to the U.S. Food and Drug Administration (FDA), the gloves used for handling foods are certified under Title 21 Code of Federal Regulations Part 177, which states that the components used for the manufacturing of the glove must comply with the FDA regulations and ensure that the gloves consist of substances, which is safe for use in food or food packaging. Asia Pacific is projected to witness the faster growing market for disposable gloves, owing to the developing healthcare infrastructure, increasing investments in healthcare, and to ensure excellence in the healthcare service and safety. For instance, China Food and Drug Administration (CFDA) recommended pharmaceutical companies in the China to pass the Good Manufacturing Practices (GMP) authentication, by ensuing personnel working in the production and manufacturing of pharmaceuticals facility are wearing disposable gloves. According to the China State Administration of Quality Supervision and China Food Association Statistics, as of July 2015 the domestic food processing and catering enterprises employed 580,000 people and the number of professionals and practitioners chef increased to 20 million. This in turn, is projected to create major demand for disposable gloves in the food industry in China in the near future. Increasing applications of disposable gloves in the various industry are expected to drive growth of the disposable gloves market over the forecast period.
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Some of the key players operating in disposable gloves market include Ansell Healthcare Products LLC, Adventa Berhad, Cardinal Health, Inc., Dynarex Corporation, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, MRK Healthcare Private Limited, Rubberex Corporation Bhd., Semperit AG Holding, Shield Scientific B.V., Supermax Corporation Berhad and Top Glove Corporation Bhd.
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