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Gloves Market Trends : Predicted to Surpass Value of USD 118.5 Billion by 2025

08-17-2023 10:30 AM CET | Health & Medicine

Press release from: Allied Market Research

Gloves Market Trends : Predicted to Surpass Value of USD 118.5

The global gloves market was valued at $48.0 billion in 2017, and is projected to reach $118.5 billion by 2025, registering a CAGR of 8.6% from 2021 to 2025.

The global gloves market growth is driven by a combination of factors such as increased awareness about personal hygiene, advancements in healthcare practices, and the ongoing COVID-19 pandemic. Gloves, as an essential protective accessory, have found applications in various sectors including healthcare, food industry, manufacturing, and more. This report aims to provide a comprehensive analysis of the gloves market, including current trends, market size, growth drivers, challenges, and key players.

๐‘น๐’†๐’’๐’–๐’†๐’”๐’• ๐‘บ๐’‚๐’Ž๐’‘๐’๐’† ๐‘ช๐’๐’‘๐’š ๐’๐’‡ ๐‘น๐’†๐’‘๐’๐’“๐’• https://www.alliedmarketresearch.com/request-sample/9232

Gloves have evolved from being solely utilitarian products to becoming fashion statements and crucial elements of safety protocols. The global gloves market can be segmented based on material type (latex, nitrile, vinyl, neoprene, others), product type (disposable gloves, reusable gloves), end-users (healthcare, food industry, automotive, manufacturing, chemical, others), and geography.

๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’—๐’†๐’“๐’—๐’Š๐’†๐’˜:

๐‘ฒ๐’†๐’š ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’†๐’๐’…๐’”:

Growing Health and Hygiene Awareness: Increasing concerns about personal hygiene, particularly in light of the COVID-19 pandemic, have boosted the demand for gloves across various sectors. Consumers are increasingly using gloves in everyday activities to minimize direct contact with surfaces.

Healthcare Sector Dominance: The healthcare sector remains a major driver of glove demand. Surge in hospital visits, surgeries, and routine medical examinations contribute to the consistent demand for high-quality disposable gloves.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (227+ ๐๐š๐ ๐ž๐ฌ ๐๐ƒ๐… ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐‚๐ก๐š๐ซ๐ญ๐ฌ, ๐“๐š๐›๐ฅ๐ž๐ฌ, ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ) @ https://www.alliedmarketresearch.com/gloves-market/purchase-options

Rise in Food Safety Regulations: Stringent food safety regulations and guidelines have led to the adoption of gloves in the food industry. Gloves are crucial in preventing contamination and ensuring the safety of both food handlers and consumers.

Innovation in Material Development: Manufacturers are investing in research and development to create gloves with enhanced tactile sensitivity, durability, and comfort. Biodegradable gloves and those made from sustainable materials are gaining attention due to growing environmental concerns.

E-commerce Expansion: The growth of e-commerce platforms has facilitated easy access to a wide range of gloves for consumers, contributing to market growth.

๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ช๐’‰๐’‚๐’๐’๐’†๐’๐’ˆ๐’†๐’”:

Supply Chain Disruptions: The gloves market faced supply chain disruptions due to the COVID-19 pandemic, leading to shortages and price hikes. Although the situation is improving, the industry still grapples with recovery challenges.

Environmental Concerns: The increased use of disposable gloves raises concerns about environmental impact. Proper disposal and recycling methods are essential to address this challenge.

Quality Control Issues: Maintaining consistent quality standards in mass-produced gloves can be a challenge, affecting user satisfaction and safety.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐˜๐จ๐ฎ๐ซ ๐„๐ฏ๐ž๐ซ๐ฒ ๐ƒ๐จ๐ฎ๐›๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/purchase-enquiry/9232

๐‘ฒ๐‘ฌ๐’€ ๐‘ญ๐‘ฐ๐‘ต๐‘ซ๐‘ฐ๐‘ต๐‘ฎ๐‘บ ๐‘ถ๐‘ญ ๐‘ป๐‘ฏ๐‘ฌ ๐‘บ๐‘ป๐‘ผ๐‘ซ๐’€
Disposable sterile gloves segment is projected to grow at a significant CAGR of 8.5% during the forecast period.

North Americawas the second leading region in the market, accounting for largest share in 2017.

Medical segment was the leading segment in the market, accounting for market share in 2017.

Asia-Pacific region is the fastest growing region, contributing the highest share in 2017.

๐‘ฒ๐’†๐’š ๐‘ฉ๐’†๐’๐’†๐’‡๐’Š๐’•๐’” ๐‘ญ๐’๐’“ ๐‘บ๐’•๐’‚๐’Œ๐’†๐’‰๐’๐’๐’…๐’†๐’“๐’”
This report entails a detailed quantitative analysis along with the current global gloves market trends from 2017 to 2025 to identify the prevailing opportunities along with the strategic assessment.

The gloves market forecast is studied from 2021 to 2025.

The gloves 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.

๐‘ฒ๐’๐’๐’˜ ๐‘ด๐’๐’“๐’† https://www.alliedmarketresearch.com/gloves-market-A08867

๐Ž๐ญ๐ก๐ž๐ซ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐‹๐ข๐Ÿ๐ž ๐’๐œ๐ข๐ž๐ง๐œ๐ž ๐ƒ๐จ๐ฆ๐š๐ข๐ง
๐‘ท๐’๐’“๐’•๐’‚๐’ƒ๐’๐’† ๐‘ถ๐’™๐’š๐’ˆ๐’†๐’ ๐‘ฒ๐’Š๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• https://www.alliedmarketresearch.com/portable-oxygen-kit-market-A31520

๐‘ถ๐’‘๐’‰๐’•๐’‰๐’‚๐’๐’Ž๐’Š๐’„ ๐‘ท๐’†๐’“๐’Š๐’Ž๐’†๐’•๐’†๐’“ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• https://www.alliedmarketresearch.com/ophthalmic-perimeter-market-A13063

๐‘ช๐’Š๐’“๐’„๐’–๐’๐’‚๐’•๐’Š๐’๐’ˆ ๐‘ป๐’–๐’Ž๐’๐’“ ๐‘ช๐’†๐’๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• https://www.alliedmarketresearch.com/circulating-tumor-cell-market-A11918

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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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