The Top Key companies Leading the Charge for Disposable Gloves Market - Global Opportunity Analysis and Industry Forecast, 2017-2023

The utilization of disposable gloves is projected to witness a significant increase, owing to high incidence of diseases across the globe as well as the utilization of gloves in non-medical sectors. The market is largely fragmented, and several manufacturers have focused on offering advanced and novel disposable gloves, which aid in curbing latex-associated allergies and hospital acquired infections. In addition, market players have successfully manufactured gloves with different properties such as higher resistance against chemicals, superior anti-tear properties and gloves with limited thickness thereby not affecting the wearing and removing process, which is anticipated to create lucrative opportunities for the growth of disposable gloves industry.

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Disposable gloves Market by Type, Form and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global disposable gloves market was valued at $6,146.2 million in 2016, and is projected to reach $10,061.0 million by 2023, growing at a CAGR of 7.5% from 2017 to 2023. In 2016, the medical segment accounted for about three-fifths share of the global market.

Disposable gloves form an essential part of maintaining hygienic conditions, ensuring security of patients and caregiver, and safeguarding against infections. These are used while performing laboratory experiments to ensure safety of the personnel. The usage of gloves minimizes the possibility of infection due to blood flow, pathogens, and other external factors. The adoption of disposable gloves has been a prerequisite for medical applications across the world. The advent of newer manufacturing technologies, increased awareness regarding the benefits of disposable gloves, and improved healthcare practices are expected to catalyze the market growth.

The market for disposable gloves is primarily driven by their requirement in medical and surgical applications to ensure safety and hygiene. In addition, the growing number of end users, such as healthcare, pharma, and food industries, is expected to supplement the market growth. However, toxic reaction from certain gloves as well as competition pricing offered by local manufacturers could hamper the market growth. However, the impact of this limitation is anticipated to diminish in future due to ongoing improvements in production of disposable gloves. Moreover, advancements in technology related to the development of novel disposable gloves are expected to create lucrative opportunities for the market players in near future.

In terms of revenue generation, powdered disposable gloves accounted for major share of the global disposable gloves market in 2016, and is projected to maintain this trend throughout the forecast period growing at a CAGR of 4.9%.

Natural rubber gloves are the most popular and conventional glove solution and it is projected to grow at a CAGR of 7.2%. Non-powdered disposable gloves segment is expected to continue its dominant revenue share in the global market, due to benefits such as lower risk of side effects. Non-powdered gloves are anticipated to experience higher adoption rate, growing at a CAGR of 11.7% during the forecast period.

In 2016, medical gloves accounted for highest revenue share and it is expected to grow at a CAGR of 6.9% during the forecast period. The use of medical gloves for examination activities are expected to drive the market for medical applications whereas usage of non-medical gloves in food service industry and cleanroom activities is projected to drive the market of non-medical applications.

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Table Of Content


Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter’s five forces analysis
3.4. Market share analysis
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Rising concerns for safety and hygiene
3.5.1.2. Growing number of end users
3.5.1.3. Advancements in technology

3.5.2. Restraints

3.5.2.1. High price competition
3.5.2.2. Toxic reaction to certain gloves

3.5.3. Opportunity

3.5.3.1. Developing economies and untapped markets

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