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Disposable Gloves Market

Disposable Gloves Market

Disposable Gloves Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

146

Base Year:

2021

Date

Jun - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1625

Segments Covered
  • By Material Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene, Others
  • By Product Powdered, Powder Free
  • By End Use Medical & Healthcare, Surgical, Non-Medical
  • By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: USD 12.1 Million
Revenue 2028Revenue 2028: USD 16.6 Million
Revenue CAGRRevenue CAGR (2022 - 2028): 5.5%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Largest Region Largest Region (2021): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Disposable Gloves Market Share

Global Disposable Gloves Market

Disposable Gloves Market- By Material, Product, End Use and Region.

Market Synopsis:

The Global Disposable Gloves Market is valued at USD 12.1 Million in the year 2021 and is anticipated to reach a value of USD 16.6 Million by the year 2028. The Global Market is forecasted to grow exhibiting a Compound Annual Growth Rate (CAGR) of 5.5% over the forecast period.

Disposable Gloves Market Size, 2021 To 2028 (USD Million)

Disposable Gloves are worn by caregivers and patients to avoid the spread of infection. During medical examinations and surgical operations, these gloves are used. Medical examination gloves are categorized as either sterile or non-sterile, whereas surgical gloves are always sterile. Latex, nitrile, polyisoprene, and vinyl are among the polymers used to make these gloves. Each disposable glove version offers a distinct advantage over traditional gloves, expanding its uses in food service, clean rooms, industrial applications, and other industries. Nitrile gloves, for example, are more puncture-resistant, frictionless, and last longer than latex gloves.

Furthermore, the healthcare industry in developing countries is expected to grow significantly as a result of a variety of factors, including increased public and private sector investment, an increase in chronic diseases, an increase in the number of surgeries performed, population growth, and an increase in the elderly population.

Rising awareness of the relevance of raw materials in delivering high heat resistance, comfort, elasticity, and lightweight qualities is expected to enhance major market players' research and development initiatives. By introducing novel add-ons to current designs, these initiatives attempt to increase the multi-functionality of Disposable Gloves and expand their application reach. Because of the high cost of raw materials and the complexity of manufacturing procedures, Disposable Gloves are a high-capital-intensive product. The industry's major raw material suppliers have integrated along the entire chain to develop disposable gloves, which is projected to increase market competition.

The Global Disposable Gloves Market is experiencing the rise of market elements such as a lack of finance, followed by a lack of awareness, which would stymie the market's growth goals set by industry analysts for the current forecast period, which will finish in 2028. Moreover, throughout the projection period, the Disposable Gloves Market will be impacted by factors such as rising raw material prices and a reduced level of affordability for industry competitors. Temperature and environmental conditions might also have an effect on worldwide market share.

Market Segmentation:

The Disposable Gloves Market is segmented on the basis of Material, Product, and End-use. On the basis of Material, the market is segmented into Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene, and Others. On the basis of Product, the market is segmented into Powdered and Powder-free. On the basis of End-use, the market is segmented into Medical & Healthcare, Surgical, and Non-medical.

Below tree is interactive. You can click the nodes to get more information.

Based on Product:

On the basis of Product, the market is segmented into Powdered and Powder-free. Powder-free nitrile gloves will lead the market in 2021, due to their expanding popularity across a variety of industries. Furthermore, strict rules against powdered gloves in some countries are projected to boost the powder-free nitrile gloves market over the research period. Healthcare facilities have begun to replace latex gloves with powder-free nitrile gloves because powder-free gloves are less form-fitting due to the chlorination process or polymer coatings such as acrylics, silicones, and hydrogels. Powder-free gloves are perfect for use in the automotive industry because they leave no residue.

Based on End Use:

On the basis of End-use, the market is segmented into Medical & Healthcare, Surgical, and Non-medical. The medical and healthcare category is expected to dominate the global market throughout the forecast period due to the rising number of patient admissions in hospitals and clinics. Hospital inspection methods have become more common in recent years. In addition, developing healthcare infrastructure in hospitals and clinics to provide better medical examinations and other care services is predicted to boost medical glove supply in these facilities. The immediate jump in demand for disposable medical gloves from diagnostic/pathology labs is connected to the increasing number of COVID-19 tests performed in 2020. Increased disease screening and diagnosis is also expected to contribute to its long-term growth.

North America is projected to acquire the largest market share during the year 2021

North America is projected to acquire the largest market share during the year 2021 with a share of 35.10%. One of the main factors is the US government's strong efforts to promote nitrile glove production. For example, in May 2021, the US Department of Defense (DOD) announced the award of a USD 26.3 million contract to various glove producers in partnership with the Department of Health and Human Services (HHS) to increase domestic nitrile glove production capacity. Furthermore, owing to an increase in the number of surgeries in hospitals and ASCs in the region, increasing demand for Disposable Gloves will drive market expansion in North America during the forecast period. Increased demand for these goods from pathologists, as well as the rising high demand for high-quality powder-free gloves, are expected to fuel market expansion.

Competitive Landscape:

Key players operating in the Global Disposable Gloves Market include- Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Berhad, Unigloves (U.K.) Limited, The Glove Company, Superior Gloves, MAPA Professional, Adenna LLC, MCR Safety, Atlantic Safety Products Inc., Globus (Shetland) Ltd., Supermax Corporation Berhad, Kossan Rubber Industries BHD, Ammex Corporation, Kimberly-Clark Corporation, Sempermed USA Inc., Halyard Health Inc., Corporativo DL S.A. de C.V., Medline Industries Inc., Mölnlycke Health Care AB and others.

Segmentation of the Global Disposable Gloves Market:

Parameter Details
Segments Covered
  • Material (Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene, Others)
  • Product (Powdered, Powder Free)
  • End Use (Medical & Healthcare, Surgical, Non-Medical)
  • Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Ansell Ltd
  • Top Glove Corporation Bhd
  • Hartalega Holdings Berhad
  • Unigloves (U.K.) Limited
  • The Glove Company
  • Superior Gloves
  • MAPA Professional
  • Adenna LLC
  • MCR Safety
  • Atlantic Safety Products Inc.
  • Globus (Shetland) Ltd.
  • Supermax Corporation Berhad
  • Kossan Rubber Industries BHD
  • Ammex Corporation
  • Kimberly-Clark Corporation
  • Sempermed USA Inc.
  • Halyard Health Inc.
  • Corporativo DL S.A. de C.V.
  • Medline Industries Inc.
  • Mölnlycke Health Care AB
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Disposable Gloves Market to Reach Valuation of USD 16.6 Million by 2028 - Increasing Demand for Disposable Gloves Market for Medical, Healthcare, Pharmaceutical, Automotive Finishing, Chemicals, and Oil & Gas Industries to Drive the Market Growth
From the period of 2022 to 2028, the Global Disposable Gloves Market is expected to reach USD 16.6 Million in terms of revenue, growing at a Compound Annual Growth Rate (CAGR) of 5.5%. Disposable Gloves Market are primarily used to protect clients and service providers from infection. The food, he...
FAQ
Frequently Asked Question
  • The global Disposable Gloves valued at USD 12.1 Million in 2020 and is expected to reach USD 16.6 Million in 2028 growing at a CAGR of 5.5%.

  • The prominent players in the market are Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Berhad, Unigloves (U.K.) Limited, The Glove Company, Superior Gloves, MAPA Professional, Adenna LLC, MCR Safety, Atlantic Safety Products Inc., Globus (Shetland) Ltd., Supermax Corporation Berhad, Kossan Rubber Industries BHD, Ammex Corporation, Kimberly-Clark Corporation, Sempermed USA Inc., Halyard Health Inc., Corporativo DL S.A. de C.V., Medline Industries Inc., Mölnlycke Health Care AB.

  • The market is project to grow at a CAGR of 5.5% between 2021 and 2028.

  • The driving factors of the Disposable Gloves include

    • Increase in awareness regarding hygiene among food industry and healthcare service providers

  • North America was the leading regional segment of the Disposable Gloves in 2020.