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Rise in Demand from Medical Sector is Anticipated to Fuel Sales of Disposable Gloves – New Study by Fact.MR
Disposable Gloves Market
The report offers actionable and valuable market insights of Disposable Gloves. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Disposable Gloves Market across various industries and regions.
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This newly published and insightful report sheds light on Market Insights of Disposable Gloves, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Disposable Gloves Market.
With growing personal hygiene and safety awareness, demand for disposable gloves is surging significantly across diverse end-use sectors such as medical, personal care & hygiene, and others. While the outbreak of COVID-19 unexpectedly dented the growth of most sectors across the world, the market for disposable gloves was an exceptions, with demand surging across the world.
The outbreak of COVID-19 has led to substantial growth in the personal hygiene and protection sector, and demand for disposable gloves has gained high traction. While adoption of disposable gloves in untapped markets is creating promising opportunities for stakeholders, surge in demand from the medical and healthcare sector is further fuelling the growth of manufacturers. Besides, these gloves are also widely used in the automotive, chemical, and oil & gas end-use sectors on a large scale.
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Segmentation by Category
Material
Nitrile
Natural Rubber
Neoprene
Polyethylene
Product Type
Powdered
Non-powdered
End User
Medical
Chemicals
Automotive
Oil & Gas
Others
Region
North America
Latin America
Europe
Middle East and Africa (MEA)
East Asia
South Asia
Oceania
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Competitive Landscape
The global disposable gloves market space is becoming tougher in terms of competition, while thriving on key players. In order to sustain their positions, key players are launching a wider range of products. For instance,
Adenna LLC launched its new Dark Light® Nitrile Powder Free (PF) Exam Gloves, EMPOWER® Nitrile Powder Free Exam Gloves, and others, a couple of years back.
Smart Glove launched its new metal detectable gloves, sterile examination gloves, medical examination gloves, and others, during the last 5 years.
The outbreak of COVID-19 has led to substantial growth in the personal hygiene and protection sector, and demand for disposable gloves has gained high traction. While adoption of disposable gloves in untapped markets is creating promising opportunities for stakeholders, surge in demand from the medical and healthcare sector is further fuelling the growth of manufacturers. Besides, these gloves are also widely used in the automotive, chemical, and oil & gas end-use sectors on a large scale.
The latest report on ‘disposable gloves’ by Fact.MR offers a detailed analysis of the current market trends, demand-supply curves, and growth & restraining factors for potential players during the forecast period of 2021 to 2031. According to the report, increase in healthcare expenditure and rising requirements from varied end-use sectors will remain key driving factors to industry growth, with demand for nitrile disposable gloves surging across geographies. Overall, the industry outlook will remain progressive with the market projected to expand at a CAGR of over 10% through 2031.
Key Takeaways from Study
High demand for nitrile gloves likely to be witnessed
Rise in demand from medical sector to fuel sales significantly
Non-powdered disposable gloves to have major share of revenue in terms of product type
The United States to lead in the world’s largest disposable gloves industry – North America
Germany remains the hotspot in Europe disposable gloves market
China, Japan, the United Kingdom, Canada, South Korea, and France to remain highly lucrative markets over the next ten years
“With personal hygiene and safety gaining serious prominence, demand for disposable gloves is skyrocketing. Furthermore, various governmental rules, regulations, and initiatives are favoring manufactures in increasing their sales footprint,”says a Fact.MR analyst.
How is Surge in Demand from the Medical Sector Key to Disposable Glove Manufacturers?
Disposable gloves are extensively used in the medical sector while treating patients with infectious diseases; during surgeries; and for maintaining the hygiene and safety of doctors, health workers, and patients. According to a report titled “Size and Distribution of the Global Volume of Surgery” by the World Health Organization (WHO) on 1st March 2016, the estimated mean global surgical rate is 4,469 operations per 100,000 people per year. This data portrays the requirement for medical disposables, including gloves for surgical procedures across the globe.
As stated in a report titled “Strategies for Optimizing the Supply of Disposable Medical Gloves”, published by the Centers for Disease Control and Prevention (CDC) on 23rd December 2020, in order to help healthcare facilities plan and optimize the use of gloves in response to COVID-19, CDC has developed a Personal Protective Equipment (PPE) Burn Rate Calculator, where three general strata are used to describe surge capacity-
Conventional capacity
Contingency capacity
Crisis capacity
Such initiatives are further catering to the growth of disposable glove suppliers across the world.
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Key Question answered in the survey of Disposable Gloves market report:
Sales and Demand of Disposable Gloves
Growth of Disposable Gloves Market
Market Analysis of Disposable Gloves
Market Insights of Disposable Gloves
Key Drivers Impacting the Disposable Gloves market
Which are the Key drivers impacted by Disposable Gloves market
Restraints Shaping Market Growth
Market Survey of Disposable Gloves
More Valuable Insights on Disposable Gloves Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Disposable Gloves, Sales and Demand of Disposable Gloves, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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