Rubber Gloves Market To Deliver Prominent Growth & Striking Opportunities During 2031 | Ansell Ltd., Hartalega Holdings Berhad Corporation

The rise in hygiene care in hospitals led increased the consumption of rubber gloves by sweepers and nurses. Moreover, extensive use of these gloves in oil & gas and automotive application also benefits the market growth. The pandemic has also helped boost the market growth with increased demand from the general public.

A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.

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The findings of the report state that the global market for rubber gloves generated $34.0 billion in 2020, and is expected to garner $122.5 billion by 2030, witnessing a CAGR of 12.2% from 2021 to 2030.

The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contain in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.

The powder-free segment held the largest market share in 2020, accounting for more than two-thirds of the global rubber gloves market share, and is expected to dominate the market throughout the forecast period. Moreover, the same segment is expected to witness the largest CAGR of 12.5% from 2021 to 2030. This is owing to the rise in demand for rubber gloves from hospitals and laboratories.

The Rubber gloves market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

North America dominated the market share in 2020, accounting for nearly two-fifths of the global rubber gloves market, due to extensive demand for rubber gloves from the R&Ds activities conducted in this continent. However, the market across Asia-Pacific is expected to manifest the fastest CAGR of 15.0% throughout the forecast period.

Rubber gloves Covered Market:- Hartalega Holdings Berhad Corporation, Ansell Ltd., Kimberly Clark Company, Top Glove Corporation Bhd, Kossan Rubber Industries Bhd and Other.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Rubber gloves market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Rubber gloves market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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