Global Polythene Disposable Glove Market 2023-2030

Global Polythene Disposable Glove Market 2023-2030

Global Polythene Disposable Glove Market Size, Share & Trends Analysis Report by Product Type (Polyethylene Terephthalate (PET or PETE), High-Density Polyethylene (HDPE), Polyvinyl Chloride (PVC or Vinyl), Low-Density Polyethylene (LDPE), and Others), by Application (Medical Industry, Food Industry, Chemical Industry, Manufacturing, and Others), and by Distribution Channel (Wholesaling and direct selling, Medical store, and Online store) Forecast Period (2023-2030)

The global polythene disposable glove market is anticipated to grow at a CAGR of 9.8% during the forecast period. The key driving factor is the increasing stringency of safety and hygiene regulations across industries like healthcare, food processing, and pharmaceuticals. Regulatory bodies, such as the US Food and Drug Administration (FDA) and Health Canada, have mandated the use of disposable gloves to maintain hygiene standards and prevent contamination. Compliance with these regulations is fueling the demand for polythene disposable gloves in the market. For instance, in March 2020, the US FDA enforced the guidance for industry and FDA staff under relevant sections of the FD&C Act.

Segmental Outlook

The global polythene disposable glove market is segmented based on the product type, application and distribution channel. Based on the product type, the market is sub-segmented into polyethylene terephthalate (PET or PETE), high-density polyethylene (HDPE), polyvinyl chloride (PVC or Vinyl), low-density polyethylene (LDPE), and other (polystyrene, polypropylene). Based on the application, medical industry, food industry, chemical industry, manufacturing, and other (household). Based on distribution channel, the market is sub-segmented into wholesaling and direct selling, medical store, and online store. Among the product type, the Polyvinyl Chloride (PVC or Vinyl sub-segment is anticipated to hold a considerable share of the market, owing to its flexible plastic, lightweight, durable, and versatile characteristics.

The Manufacturing Industry Sub-Segment is Anticipated to Hold a Prominent Share in the Global Polythene Disposable Glove Market

Among the application, the manufacturing industry sub-segment is anticipated to hold a considerable share of the market, owing to the rising focus on occupational safety and hand protection drives the demand for the gloves in the manufacturing industry. The manufacturing industry involves various activities that pose risks to worker’s hands, such as handling sharp objects, chemicals, or abrasive materials. The increasing number of work injuries, propel the demand for hand gloves in the manufacturing industry. According to the US Bureau of Labor Statistics, n 2021, there were 5,190 fatal work injuries recorded in the US, an 8.9% increase from 4,764 in 2020. Polythene disposable gloves provide a protective barrier, helping to prevent injuries and minimize the risk of exposure to hazardous substances.

Regional Outlook

The global polythene disposable glove market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the Europe regional market is expected to grow over the forecast period, owing to the increasing emphasis on hygiene creating a surge in the demand for disposable gloves in the medical industry.

North America is Expected to Hold a Prominent Share in the Global Polythene Disposable Glove Market

North America is set to dominate the global polythene disposable glove market, driven by the increasing demand in the healthcare sector and a strong focus on infection control. Market players in the region actively seek growth through strategic partnerships, collaborations, and innovative product launches. For instance, in July 2021, Honeywell International Inc., and Premier Inc. collaborated to expand the US production of nitrile exam gloves, with a target of manufacturing at least 750 million domestically made nitrile exam gloves in the first year alone. The initiative aimed to improve access to domestically manufactured exam gloves for healthcare providers worldwide, including hospitals and clinics.

Market Players Outlook

The major companies serving the global polythene disposable glove market include Top Glove Corp. Bhd, Supermax Corporation Berhad, Newell Brands Inc., Adenna LLC, AmerCareRoyal, Ammex Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2023, Ansell Ltd. completed the acquisition of Careplus Sdn Bhd for a total consideration of RM 37.5 million ($9 million). This acquisition allowed the company to secure greater control over the supply chain and production.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global polythene disposable glove market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.