Press release
Disposable Gloves Market expected to reach $10, 061.0 million by 2023 at a CAGR of 7.5% By 2023 | Top key Players - Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Rubberex Corp. M Bhd.
The global disposable gloves market :The global disposable gloves market was valued at $6,146.2 million in 2016, and is expected to reach $10,061.0 million by 2023 at a CAGR of 7.5% during the forecast period. The world disposable gloves market is primarily driven by increasing awareness of safety and hygiene amongst healthcare providers and patients. Disposable gloves have application in various industries that include healthcare, pharmaceutical, food, automotive, and others. These gloves serve the purpose of protection during various activities that involve toxic chemicals, reactive materials, or unhygienic conditions. Moreover, manufacturing process of certain products such as drugs and foods, require high level of cleanliness and handling of these products is the critical operation that may lead to product contamination if due care is not taken.
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The major factors driving the growth of disposable gloves market is rising concern for safety and hygiene coupled with the novel manufacturing technologies for making gloves temperature-resistant, rupture- resistant and control latex-associated infections.
Owing to the necessity for product quality control, workers safety, hygiene, and protection against chemicals, the demand for disposable gloves is expected to rise in future. Healthcare professionals, doctors, and surgeons, use medical gloves for surgeries and other related activities that are contagious and can be infectious. Furthermore, disposable gloves have application in household purposes for cleaning and dishwashing. Thus, due to increasing concern for safety, hygiene, and product quality, the market of disposable gloves foresees a promising growth in the future. However, high competitive pricing offered by local manufacturers could hamper the market growth. Moreover, developing and untapped economies are expected to create lucrative opportunities for the disposable glove manufacturers in the near future.
KEY BENEFITS
• The study provides an in-depth analysis of the global disposable gloves market along with the current trends and future estimations to elucidate the imminent investment pockets.
• Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
• Comprehensive quantitative analysis of the industry from 2016 to 2023 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
• Extensive analysis of the key segments of the industry helps in understanding the forms and types of gloves used across the globe.
• Key market players and their strategies have been analyzed to understand the competitive outlook of the market.
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The global disposable gloves product market is segmented based on form, type, application, and region. Based on form, the market is segmented into powdered and non-powdered form. Based on type, the market is segmented into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene, polyethylene, and others. Based on application, the market is segmented into medical and non-medical applications. Further, medical is sub segmented into examination and surgical gloves.
KEY MARKET SEGMENTS
By Type
• Natural Rubber Gloves
• Nitrile Gloves
• Vinyl Gloves
• Neoprene
• Polyethylene
• Others
By Form
• Powdered
• Non-powdered
By Application
• Medical
o Examination
o Surgical
• Non-Medical
o Food Service
o Clean Room
o Industrial
Based on non-medical application, the market is sub segmented into food service, clean room, and industrial applications. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Region
• North America
• Europe
• Asia-Pacific
• LAMEA
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