Disposable Gloves Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Disposable Gloves Market
The disposable gloves market size was valued at USD 17.12 billion in 2023, and the market is now projected to grow from USD 19.88 billion in 2024 to USD 51.75 billion by 2032, exhibiting a CAGR of 12.7% during the forecast period of 2024-2032.
The COVID-19 pandemic has interrupted supply chains worldwide, leading to a worldwide scarcity of personal protective equipment (PPE), comprising disposable gloves. In the initial stages of the pandemic the demand for disposable gloves and other protecting gear surged, and costs increase rapidly due to supply chain disruptions caused by lockdown measures implemented globally.
Prolonged diseases are among the most common and costly medical conditions worldwide. These conditions can require surgical involvements, long hospital stays, and long-term ill health management. Moreover, the rising occurrence of chronic diseases along with the growing elderly population universally has heightened the demand for improved healthcare facilities which upsurges the disposable gloves market growth.
Nitrile is a synthetic form of rubber generally used for gloves known for its high sturdiness, nitrile is stronger than vinyl, contributing to its rising fame. Although nitrile has been accessible for some time its recent affordability has led to augmented use in medical, food, cleaning, and other industries. Nitrile gloves are an excellent substitute for those allergic to natural rubber, making them perfect for medical settings where contact with body fluids, bacteria, and chemicals is prospective.
Comprehensive Analysis of Disposable Gloves Market
The market can be segmented in various ways depending on the focus of study such as by material and by application. Based on the application, the market is segmented into industrial, food industry, healthcare & medical, and others. By materials, the market is segmented into nitrile gloves, natural rubber latex gloves, polyvinyl chloride gloves, and others.
Asia Pacific region is dominating the disposable gloves market share due to rising product demand in the healthcare sector. Continually varying demographics and the region's elderly population are projected to appeal more investment in the region's healthcare industry.
The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and growing market share by merger, partnerships and others. These players include Top Glove Corporation Bhd (Malaysia), Hartalega Holdings Berhad (Malaysia), Kossan Rubber Industries Bhd (Malaysia), ANSELL LTD (Australia), Sempermed (Austria), Cardinal Health (U.S.), Supermax Corporation Berhad (Malaysia), Intco Medical (China), Bluesail Medical Co., Ltd. (China), Riverstone Holdings Limited (Malaysia), YTY Group (Malaysia), Comfort Rubber Gloves Industries Sdn Bhd (Malaysia), JIANGSU JAYSUN GLOVE CO., LTD (China), Kimberly-Clark Worldwide, Inc. (U.S.), Synthomer plc (U.K.), 3M (U.S) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In May 2021, Honeywell and Premier Inc. have made a new business partnership to enhance nitrile exam glove production within the U.S. In just the first year, this partnership is projected to produce at least 750 million nitrile exam gloves. This partnership aims to ensure that hospitals, clinics, and other healthcare experts across the country have access to nationally produced exam gloves.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Unit Value (USD Billion) and Volume (Million Pieces)
Growth Rate CAGR of 12.7% from 2024 to 2032
Segmentation By Material
Natural Rubber Latex Gloves
Nitrile Gloves
Polyvinyl Chloride (PVC) Gloves
Others
By Application
Healthcare & Medical
Industrial
Food Industry
Others
By Country
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- U.K.
- France
- Italy
- Russia
- Spain
- Netherlands
- Switzerland
- Poland
- Rest of Europe
East Asia
- China
- Japan
- South Korea
- Rest of East Asia
South Asia
- India
- Pakistan
- Bangladesh
- Rest of South Asia
Southeast Asia
- Indonesia
- Thailand
- Singapore
- Malaysia
- Philippines
- Vietnam
- Myanmar
- Rest of Southeast Asia
Middle East
- Turkey
- Saudi Arabia
- Iran
- UAE
- Israel
- Iraq
- Qatar
- Kuwait
- Oman
- Rest of Middle East
Africa
- Nigeria
- South Africa
- Egypt
- Algeria
- Morocco
- Rest of Africa
Oceania
- Australia
- New Zealand
- Rest of Oceania
South America
- Brazil
- Argentina
- Columbia
- Chile
- Venezuela
- Peru
- Puerto Rico
- Ecuador
- Rest of South America
Rest of the World
- Kazakhstan
- Rest of Rest of World
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