Disposable Gloves Market
Disposable Gloves Market - Global Industry Assessment & Forecast
- 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
|Forecast Years:||2023 - 2030|
|Historical Years:||2017 - 2021|
|Revenue 2022:||USD 12.62 Million|
|Revenue 2030:||USD 18.94 Million|
|Revenue CAGR (2023 - 2030):||5.20%|
|Fastest Growing Region (2023 - 2030)||Asia Pacific|
|Largest Region (2022):||North America|
- Cross-segment Market Size and Analysis for Mentioned Segments
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- 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
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Global Disposable Gloves Market
Disposable Gloves Market- By Material, Product, End Use and Region.
The Global Disposable Gloves Market is valued at USD 12.62 Million in the year 2022 and is anticipated to reach a value of USD 18.94 Million by the year 2030. The Global Market is forecasted to grow exhibiting a Compound Annual Growth Rate (CAGR) of 5.20% over the forecast period.
Disposable Gloves Market Size, 2022 To 2030 (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.
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.
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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.
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:
|Regions & Countries Covered||
|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|
Frequently Asked Question
What is the global demand for Disposable Gloves in terms of revenue?
The global Disposable Gloves valued at USD 12.62 Million in 2022 and is expected to reach USD 18.94 Million in 2030 growing at a CAGR of 5.20%.
Which are the prominent players in the market?
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.
At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 5.20% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
The driving factors of the Disposable Gloves include
- Increase in awareness regarding hygiene among food industry and healthcare service providers
Which region accounted for the largest share in the market?
North America was the leading regional segment of the Disposable Gloves in 2022.