Press release
Gloves Market Strong Extension In Revenue Continues | Top Glove Corp. Bhd, Semperit AG Holding
The global gloves market is accounted to be at value $48,011.33 in 2017 and expected to reach $1,18,508.55 million by 2025, registering a CAGR of 8.6% during 2021-2025. The global gloves market is driven by the factors such as increase in rubber production, rise in concerns regarding safety and hygiene, and surge in number of end users. In addition, rise in awareness among the healthcare service provider regarding hygiene and advancements in technology are further uplifting the growth of the market. Gloves are a type of personal protective equipment (PPE) which is designed to protect staff from microbial contamination, or from contact with certain chemicals, and cross-transmission from healthcare associated infections. In addition, the gloves are categorized into medical/examination glove and industrial glove which is used in various fields.
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Further, protective gloves should be selected on the basis of the hazards involved, but should always be worn when handling infectious materials, radioactive materials, chemicals, and harmful temperature extremes. The demand for gloves is witnessing a boost in the market due to increase in infectious disease and COVID-19 across the globe. Moreover, the Food and Drug Administration issued a final rule in December 19, for banning use of the most powdered medical gloves. Further, it was estimated that according to the Eagle Protect in the U.S around 300 billion disposable gloves are used annually across various industries.
The report's in-depth market evaluation and examination of patron and furnish chain dynamics traits assist agencies in creating their sales, marketing, and merchandising strategies.
Additionally, the market lookup shed mild on the business's difficulties, market structures, prospects, using forces, and aggressive environment. It helps to acquire a first-rate appreciation of altering enterprise moves earlier than competitors.
The evaluation provides a 360-degree viewpoint and insights, detailing the necessary industrial outcomes. Additionally, these insights useful resource in the improvement of most desirable commercial enterprise planning and the making of well-informed preferences for multiplied profitability. Moreover, the evaluation aids non-public or project gamers in higher comprehending the organizations to make greater knowledgeable selections.
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KEY BENEFITS FOR STAKEHOLDERS
- This report entails a detailed quantitative analysis along with the current global gloves market trends from 2021 to 2025 to identify the prevailing opportunities along with the strategic assessment.
- The market size and estimations are based on a comprehensive analysis of key developments in the industry.
- A qualitative analysis based on innovative products facilitates strategic business planning.
- The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.
List of key players profiled in the report
- 3M Co.
- Ansell Ltd.
- Cardinal Health, Inc.
- Globus (Shetland) Ltd.
- Hartalega Holdings Berhad
- Honeywell International Inc.
- Kimberly-Clark Corp.
- Kossan Rubber Industries Bhd
- Top Glove Corp. Bhd
- Semperit AG Holding
- Atlantic Safety Products Inc.
- The Glove Co.
- Supermax Corporation Berhad
Additionally, this learn about consists of a aggressive panorama for the enterprise and a strategic profile of the predominant market participants' core strengths.
The customer can use this lookup find out about to higher recognize the predominant drivers and restraints and how they will have an effect on the market for the duration of the forecast period.
The lookup additionally offers a thorough evaluation of the most necessary market dynamics and their most latest developments, as properly as pertinent market segments and sub-segments.
Key Market Segments
By Type
- Disposable Sterile Gloves
o Disposable Surgical Sterile gloves
o Disposable Examination Sterile gloves
o Other Sterile gloves
- Disposable examination and protective gloves
o Disposable nitrile examination and protective gloves
o Disposable latex examination and protective gloves
o Disposable vinyl examination and protective gloves
o Other Disposable examination and protective gloves
- Consumer gloves
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By Industry
o Medical
o Horeca (food)
o Cleaning
o Beauty
o Food and Drinks
o Pharmaceutical
o Chemical
o Automotive
o Electronics
o Construction
o Others
- By Region
? North America
? Europe
? Asia-Pacific
? LAMEA
The main elements defined in the record are:
The evaluation covers the foremost strategic market developments, such as new product launches, partnerships, collaborations, joint ventures, and regional growth of the pinnacle competitors running in the market on a international and regional level.
The file evaluates key market traits such as market price, revenue, capacity, provide and demand, market share, CAGR, and gross margin.
The world market lookup makes use of a wide variety of analytical tactics to exactly find out about and analyze records on the predominant enterprise gamers and their market share.
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