Global Nitrile Medical Glove Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Nitrile Medical Glove Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Nitrile is highly elastic, water and oil resistant, and most importantly, chemical resistant to a wide range of common chemicals and substances. Nitrile gloves can be flexibly fitted to both hands, providing a sensitive touch for fine handling. Coupled with its high puncture resistance and chemical protection function, it is often used in the medical industry. Medical nitrile gloves can be usually divided into powder gloves and non-powder gloves, which are used in hospitals and related places.

Market Overview:

The latest research study on the global Nitrile Medical Glove market finds that the global Nitrile Medical Glove market reached a value of USD 4453.49 million in 2022. It’s expected that the market will achieve USD 9376.12 million by 2028, exhibiting a CAGR of 13.21% during the forecast period.

In the nitrile medical glove industry, on the one hand, the production of nitrile rubber, the core upstream raw material, has been shut down due to the epidemic, and the lack of labor has led to a reduction in the production of nitrile rubber, and the transportation of raw materials has also declined due to the epidemic blockade and insufficient transportation personnel. This constitutes a double negative impact on the upstream supply chain of nitrile medical gloves. On the other hand, the number of labor force producing nitrile medical gloves in the midstream has also decreased due to the epidemic infection, and the labor capacity has declined. After the production is completed, the transnational supply chain of nitrile medical gloves is facing a sharp decline in efficiency due to the epidemic blockade measures and insufficient transportation capacity, while the demand for products from front-line medical staff has soared, which poses a huge challenge to the resilience of the supply chain.

The spread of the epidemic in the world has posed a challenge to the global medical system. Medical resources were once scarce, and the demand for medical devices increased rapidly. Nitrile medical gloves are indispensable for medical work, and have the characteristics of easy consumption, which makes its demand increase sharply and become an important driving force for the rapid growth of the market.

In recent years, nitrile medical glove market has developed well. Although the industry has certain barriers to entry, new companies are still entering. With the increase in the number of companies in the industry, competition among manufacturers has become increasingly fierce, and the phenomenon of product homogeneity has gradually emerged. This leads to the proliferation of sub-standard or duplicate products which then hampers the competitive scenario in the market as established nitrile medical glove manufacturers are compelled to lower the price of their products, which ultimately impacts their profit margins and sales volumes.

Region Overview:

In 2022, the share of the Nitrile Medical Glove market in United States stood at 36.11%.

Company Overview:

Top Glove
Top Glove is a glove manufacturing company founded in Malaysia in 1991, and is currently the largest manufacturer of gloves in the world, with 26% of the world market share of rubber gloves. With operations in Malaysia, Thailand, Vietnam, China, the United States, Germany and Brazil, the company supplies gloves to every corner of the globe. Exports to more than 2,000 customers in 195 countries/regions worldwide. The company's comprehensive product range includes both glove and non-glove segments, including condoms, face masks, dental DAMS, exercise belts, and household products, addressing both healthcare and non-healthcare needs.

Hartalega

Hartalega's story began in 1988 as the world's largest producer of synthetic rubber gloves, mainly used in the healthcare industry. The brand's insatiable desire to constantly exceed its own achievements transformed what began as a single-line production facility into today's world's leading nitrile glove producer, with the fastest production line in the industry, producing more than 45,000 gloves per hour.

Segmentation Overview:

Among different product types, Non-Powdered Gloves segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Hospitals segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Nitrile Medical Glove market covered in Chapter 3:

Mercator Medical S.A
Kossan Rubber
Hartalega
Riverstone
Supermax
Zhonghong Pulin
Bluesail
Dynarex Corporation
Ansell Healthcare
Medline Industries
Shield Scientific B.V.
INTCO MEDICAL
Top Glove

In Chapter 4 and Chapter 14.2, on the basis of types, the Nitrile Medical Glove market from 2018 to 2029 is primarily split into:

Powdered Gloves
Non-Powdered Gloves

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Nitrile Medical Glove market from 2018 to 2029 covers:

Hospitals
Ambulatory Surgical Centers
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)