Key Insights on Competitive Landscape in Global Disposable Gloves Market: Ken Research

Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite Presence of about 200 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Disposable Gloves Market by Ken Research.

Gloves are pieces of clothing that cover a part of our hands. These are use-and-throw products, which can reduce the spread of infection. Natural rubber latex, nitrile, and vinyl are the widely used varieties of disposable gloves. Although Disposable gloves are majorly used in the healthcare industry, including hospitals, clinics, Dental, EMS, and others, since the outbreak of the Covid19 pandemic, awareness of disposable gloves has spread across other industries as well. Many such industries have started using gloves as a mandatory precaution, including the food processing industry, restaurant chains, chemical industry, automobile aftermarket, and more.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Who Comprise 10% in Terms of Number of Competitors Hold Dominant Revenue Share

Competitive Analysis by the research study found that the Global Disposable Gloves Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in disposable gloves manufacturing and distributing for specific segments. The large global players, even though comprise just about 10% in terms of the number of companies, hold ~40% of the market revenue share followed by regional players which account for ~35% of the market revenue. Most of the country-niche players are having their headquarters in Malaysia, Asia Pacific region.

Specialist Players within Global Disposable Gloves Market Earn a Major Chunk of their Overall Revenues from this Segment

Detailed Comparative Analysis of Key Competitors done within the research study revealed that for specialist players such as Kossan Rubber, the companies' gloves businesses generate ~88% and ~95% of their global revenues. While for diverse players these can be anywhere in the range of 50% to 60% as per the analysis done in the study on the Global Disposable Gloves Market. All leading global competitors are having a strong presence in the Global Disposable Gloves market and offer comprehensive Disposable Gloves solutions to all major industries including healthcare, clinics, dispensaries, food processing, chemical factor, and any other industrial site.

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In April 2022, Ontario London Government invested in constructing 120,000 square foot facility that would manufacture medical-grade nitrile gloves. Manikheir Canadar Inc., under this contract, would manufacture approximately 500 million medical-grade nitrile gloves annually for up to 10 years.
The Department of Defense in collaboration with the Department of Health and Services awarded various contracts that amounted to US$226.3 million to companies for manufacturing nitrile and medical gloves.
During and Post-COVID Pandemic, Gloves Gained a Huge Market due to the Rapidly Spreading Covid19 virus and Increasing Awareness among Peoples

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The pandemic helped the disposable gloves market to grow. Analysis of the latest available industrial data shows that sales volume growth for nitrile disposable gloves saw an improvement of 23.6% from 2020 to 2021, with approximately 1.2 billion pieces sold in 2021 versus 970.5 million pieces in 2020. Also, the average glove selling price increased from US$53/1000 pieces to US$73/1000 pieces from 2020 to 2021. Gloves are an important component of the PPE (Personal Protective Equipment) kit. As per the UNICEF reports, since the start of the pandemic, UNICEF has shipped more than 653.4 million items of PPE to 140 countries as part of its Covid19 response programs.

Increased adoption of Disposable Glove Globally Leading to Major Industry-Wide Developments, Acquisitions, Collaborations, and Deal-Wins

In March 2022, American Nitrile, LLC, announced a strategic partnership with Orion Infrastructure Capital (OIC) to construct its manufacturing facility in Grove City. Under this agreement, OIC will provide US$105 million to support the completion of 12 production lines with an aggregate capacity of 3.6 billion nitrile gloves per year.
In March 2021, Hartalega Holdings Bhd planned to invest US$1.7 billion to build 16 new manufacturing plants over the next 20 years. Hartalega currently operates with 12 manufacturing units and aims to increase the annual production of gloves by 95 billion by 2027.

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Key Topics Covered in the Report: -

Snapshot of Global Disposable Gloves Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Disposable Gloves Market
Historic Growth of Overall Global Disposable Gloves Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of Global Disposable Gloves Industry
Overview, Product Offerings, and SWOT Analysis of Key Competitors
Covid 19 Impact on the Overall Global Disposable Gloves Market
Future Market Forecast and Growth Rates of the Total Global Disposable Gloves Market and by Segments
Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
Analysis of Global Disposable Gloves Market
Major Production / Consumption Hubs in the Global Disposable Gloves
Major Production/Supply and Consumption/Demand Hubs in Each Major Regions
Major Region-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region
Major Companies Profiled in the Report: -

Ansell Ltd
Hartalega
Top Glove Bhd
Kossan Rubber Industries
Cardinal Health Inc
Sempermed
Sri Trang Gloves
Care Plus
Supermax Corporation Berhad
Synthomer Plc
Comfort Rubber Gloves Industries
Notable Emerging Companies Mentioned in the Report: -

Cullinan Gloves
Sara Health Care Pvt Ltd.
Amkay Products Pvt Ltd.
Medlis Healthcare Pvt Ltd
Anhui Tianyuan Latex Technology Co.
Dentopia Sdn Bhd.
American Nitriles
LifeMedz
Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report:-

Disposable gloves manufacturer companies
Disposable gloves distributors
Disposable gloves material supplier companies
Potential investors in disposable gloves companies
Disposable gloves association
Utilities sector organizations
Healthcare sector companies
PPE manufacturing companies
Research & development institutes
PE and VC Firms in Healthcare
Consulting companies in the health and hygiene sector
Disposable gloves component providers
Nitrile and latex gloves manufacturers
Government and research organizations
Investment banks & funds
Investors and financial community professionals
Healthcare Regulatory Authorities
Time Period Captured in the Report: -

Historical Period: 2019-2021
Forecast Period: 2022-2030F

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/business-research/global-disposable-gloves-market-outlook-2030/

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Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

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