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Global Nitrile Gloves Market: Rise In The Healthcare Expenditure Drives The Market Growth || Top Glove Corporation Berhad, Ansell Limited, Hartalega Holdings Berhad
Nitrile Gloves Market
Nitrile Gloves Market Size, Growth Rate, And Forecast
The global nitrile gloves market size is expected to grow from $13.85 billion in 2022 to $15.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nitrile gloves market size is expected to grow to $21.73 billion in 2027 at a CAGR of 9.4%.
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Nitrile Gloves Market Drivers
Rising healthcare expenditure is expected to propel the nitrile gloves market going forward. Healthcare expenditure refers to expenditure for family planning, nutrition activities, emergency health aid, and health services. Increasing healthcare expenditure will enable more spending on healthcare products and safety solutions, which will help in the growth of the market.
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Nitrile Gloves Market Segments
• By Type: Powder-Free Nitrile Gloves, Powder-Coated Nitrile Gloves
• By Texture: Smooth, Micro Roughened, Aggressively Textured
• By Grade: Medical Grade, Industrial Grade, Food Grade
• By End-Use: Healthcare, Food And Beverage, Automotive, Construction, Oil And Gas, Pharmaceutical, Chemical, Metal And Machinery, Cleanrooms, Other End Uses
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the nitrile gloves market.
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Nitrile Gloves Market Key Players
Major competitors in the nitrile gloves market are Top Glove Corporation Berhad, Ansell Limited, Hartalega Holdings Berhad, Adenna LLC, Unigloves Limited, Kossan Rubber Industries Berhad, MCR Safety.
The Business Research Company's "Global Nitrile Gloves Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Nitrile Gloves Market Include:
1. Executive Summary
2. Nitrile Gloves Market Characteristics
3. Nitrile Gloves Market Trends And Strategies
4. Nitrile Gloves Market - Macro Economic Scenario
5. Nitrile Gloves Market Size And Growth
………………
27. Nitrile Gloves Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nitrile Gloves Market
29. Nitrile Gloves Market Future Outlook and Potential Analysis
30. Appendix
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