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India Disposable Gloves Market Analysis On Industry Growth Till 2025 By: Ansell, Hartalega Holdings Berhad, Medline Industries, MRK Healthcare

04-03-2019 05:23 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
India Disposable Gloves Market

India Disposable Gloves Market

According to Allied Market Research, India Disposable Gloves Market was valued at $303 million in 2017, and is expected to reach $760 million by 2025, growing at a CAGR of 12.4% during the forecast period. In terms of volume, the natural rubber gloves segment accounted for more than two-fifth of the total market share in 2017.

Disposable gloves are widely used in the healthcare and food industries for protection from infections. It acts as a barrier between users and contaminations as well as infectious diseases. The disposable gloves are used in various sectors such as medical, dental, food, chemical, oil & gas, and other industries for preventing cross-contamination. These gloves exhibit outstanding strength, dexterity, and comfort. In addition, these gloves provide chemical resistance and good grip to the users.

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India disposable gloves market is expected to exhibit significant growth during the forecast period due to rise in awareness & concern of safety & hygiene among the population as well as growth in the number of end users.

In addition, development of novel approaches and technological advancements further supplement the growth of the India disposable gloves market. However, less number of manufacturing plants and less production capacity in the country are expected to restrain the market growth. On the contrary, the growth in the healthcare sector and increase in healthcare expenditure are anticipated to provide new opportunities for the market players in the near future.

Key Market Players:
• Ansell Limited
• Hartalega Holdings Berhad (Gloveon)
• B. Braun Melsungen AG
• Semperit AG Holding
• Medline Industries Inc.
• MRK Healthcare Pvt. Ltd.

Based on product, the market is classified into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene, polyethylene, and others. The neoprene segment would exhibit the highest CAGR during the forecast period as these gloves have wide usages in medical and non-medical industries. Neoprene gloves are ideally used in the field of agriculture, chemical, cleaning, oil & petrol refining, and cleaning & maintenance. These gloves are resistant to chemicals and more durable than the natural rubber gloves.

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Based on the form of disposable gloves, the market is bifurcated into powdered disposable gloves and non-powdered disposable gloves. The powdered disposable gloves segment holds the highest revenue in 2017 and is anticipated to continue its dominance during the forecast period as these gloves contain powder as a lubricant that makes them non-sticky and they are easily available at an affordable cost in the Indian market.

Key Findings of the India Disposable Gloves Market:
• Based on form, the non-powdered disposable gloves segment is expected to experience rapid growth in the market, and is projected to grow at a CAGR of 15.6% from 2018 to 2025.
• Depending on application, the medical segment by volume was the major contributor in 2017, and is anticipated to continue this trend during the forecast period.
• By distribution channel, the online store segment is estimated to grow at a highest CAGR during the forecast period.
• In terms of volume, wholesaling & direct selling segment holds the highest share in 2017, and is anticipated to continue this trend during the forecast period.

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About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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