Asia Pacific Disposable Gloves Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Natural Rubber, Nitrile, Neoprene, Polyethylene, and Others), Type (Powdered and Powder Free), Application (Examination and Surgical), and End User (Hospital and Clinics, Diagnostic Centers, Ambulatory Surgery Centers, Home Healthcare, and Others)
The disposable gloves market in APAC is expected to grow from US$ 1,206.99 million in 2021 to US$ 2,795.67 million by 2028; it is estimated to grow at a CAGR of 12.7% from 2021 to 2028.
The FDA offers regulatory flexibility to help broaden the availability of medical gloves, as outlined in the glove enforcement policy that is in place during the COVID-19 public health emergency. Similarly, the CDC developed a Personal Protective Equipment (PPE) Burn Rate Calculator to help healthcare facilities schedule and improve the use of gloves in response to the COVID-19 outbreak. A four-pronged strategy was introduced by the Foreign Exchange Management Act (FEMA) and the Department of Health and Human Services (HHS) to rapidly increase the supply and expand domestic production of medical supplies and equipment.
The government of India made proactive efforts to promote PPEs manufacturing in the country. For instance, the Ministry of Textiles and the Ministry of Health and Family Welfare worked together to handle the COVID-19 pandemic. Thus, the support from the government to enhance the production of PPE is likely to fuel the growth of the disposable gloves market during the forecast period.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market. The Disposable gloves market is expected to grow at a good CAGR during the forecast period.
APAC Disposable Gloves Market Revenue and Forecast to 2028 (US$ Million)
APAC Disposable Gloves Market Segmentation
The APAC disposable gloves market is analyzed on the basis of material, type, application, and end user. Based on the material, the APAC disposable gloves market is segmented into natural rubber, nitrile, neoprene, polyethylene, others. The natural rubber segment held the largest share of the market in 2021. Based on the type, the APAC disposable gloves market is segmented into powdered and powder free. Powder free segment held the largest share of the market in 2021.Based on the application, the APAC disposable gloves market is segmented into examination and surgical. The examination segment held the largest share of the market in 2021. Based on the end user, the APAC disposable gloves market is segmented into hospital and clinics, diagnostic centers, ambulatory surgery centers, home healthcare, and others. The hospital and clinics segment held the largest share of the market in 2021. Based on country, the APAC disposable gloves market is segmented into Australia, China, India, Japan, South Korea, and rest of APAC. Japan held the largest market share in 2021.
Additel; AMETEK Inc.; Baker Hughes Company; Beamex Oy Ab; Calmet; Extech Instruments; Fluke Corporation; Spectris; WIKA Alexander Wiegand SE & Co. KG; and Yokogawa Electric Corporation are among the leading companies in the APAC disposable gloves market.
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