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Global Disposable Gloves Market was Valued at USD 7.6 billion in 2019 and is Expected to Reach USD 11.8 billion by 2025, Observing a CAGR of 7.7% during 2020-2025
Disposable Gloves Market
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Key players in the disposable gloves market are catering to the demand of these products by investing in technologically advanced products along with accessibility of customized designs in order to cater to the specific demand of the various industries. Furthermore, rapid growth in e-commerce industry key players have the capability to supply and source products with faster delivery mode and decreased lead time that is further satisfying the ever-growing demand of the consumers.
The nitrile segment is expected to grow at a fastest rate in the global disposable gloves market during 2020 - 2025
Based upon material, the global disposable gloves market is categorized into neoprene, nitrile, polyethylene, natural rubber, vinyl and others. Amongst these segments, nitrile segment is expected to witness highest CAGR during the forecast period. The growth of this segment is attributed towards increasing demand across the globe to control infection and incidence of pandemic diseases. Additionally, nitrile integral properties such as frictionless, puncture-resistant along with longer shelf life are other factors thus escalating the demand of nitrile.
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Geography Insight
Geographically, North America is the largest disposable gloves market in 2019 as in the region the healthcare domain is rampantly adopting disposable gloves along with rapidly establishing healthcare infrastructures. In addition, adoption of disposable gloves by food domain in the region in order to prevent spread of diseases is another factor that is pertaining towards the growth of disposable gloves market.
Geographically, the disposable gloves market is divided into North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).
Competitive Insight
Some of the major players operating in the global disposable gloves market are Supermax Corporation Berhad, The Glove Corporation Bhd, Dynarex Corporation, Top Glove Corporation Berhad, B. Braun Melsungen AG, Kossan Rubber Industries Bhd., Semperit AG Holding, Kimberly Clark, Hartalega Holdings Berhad, Ansell Limited, Rubberex Corp. M Bhd, Mlnlycke Health Care AB, and Cardinal Health, Inc.
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VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries.
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