The Global Disposable Gloves Market is projected to reach a market size value of USD 11 billion by 2028 and is anticipated to grow at CAGR of 9.2% during the forecast period of 2021-2028.
Disposable gloves are the protective barrier worn to avoid direct contact of the contaminants with the hands. They prevent the cross-contamination of contagious infections at the time of medical examinations and surgical procedures reducing the involved potential risk of infections.
They are either Sterile and non-sterile type. With respect to material types, there are are natural rubber, nitrile, vinyl, neoprene, polyethylene, and others; It is primarily used in the healthcare industry which include, hospitals, dental clinics and veterinary centers. It is also utilized for safety purposes in other industries like food and beverage processing, beauty and skincare, mining, metal and machinery, pharmaceutical, agriculture, construction, automotive finishing, transportation and manufacturing industry.
The growth of this market is mainly attributed to increasing demand for disposable gloves in the healthcare sector because the outbreak of the virus, growing awareness on healthcare-associated infections, increasing investments from public and private sectors, increasing number of migrants, increasing number of aging population, and growing expenditures in the healthcare industry. In the U.S., growth of this market is anticipated to further flourish due to factors such as, emergence of target population, improvement in the healthcare infrastructure, and growing of disposable income of patients.
The Impact of COVID-19 on the Disposable Gloves Market
Majority of the industries will have to adapt to the changes that will be imposed upon them by their governments and adopt strategic ways to elevate their game in the market. Containing the widespread of the virus is a difficult challenge to all of the countries because many sectors will have to compromise and deal with the effects in the most advantageous way possible. A solid pull back on the growth of the disposable gloves market is the disruption of supply chain since manufacturing and distribution of key players or companies are being limited, if not, controlled by governments through imposing lock downs and halting travels across borders.
The real challenge lies in the disruption in raw materials supply because it is negatively affecting manufacturers since travel, transport of raw materials, and non-essential trade has been put off in many countries. This in turn affected production, causing fewer volume of product sales. Disposable gloves suppliers have also experienced repercussion because imports and exports in almost all countries have been restricted. The lock downs have caused a delay in the operations and facility shutdowns became a real challenge that these key players needed to face. Some raw materials needed for the production can only actually be acquired through importing and suppliers in turn, were having a hard time exporting these supplies due to border restrictions and hold up.
Key Findings in the Disposable Gloves Market
In terms of material, the natural rubber segment is accounted for the largest share in the market in 2020. This is owing to factors such as, rubber-based can give high-quality performance and protection in the medical, dental, food processing and service, janitorial and sanitation, pharmaceutical as well as automotive applications. However, this market’s growth can be hampered because natural latex can cause allergic reactions to the skin when worn thus, introduction of rubber-based products in the medical and food industries are limited.
On the other hand, the nitrile segment is expected to have the highest revenue share accounted for come 2028 having a rapid CAGR or more than 10% during the forecast period. The growth is caused by the increasing application of nitrile-based products in the medical, chemical, laboratory, dentistry and even in painting sectors.
In terms of end user, the medical end-use segment dominates the market and has the largest revenue share accounted for in the market in 2020. Such growth is mainly attributed to the factor that the COVID-19 outbreak brought about the increasing demand for medical grade gloves in the healthcare industry. Disposable examination gloves segment is expected to have a significant growth in the market. Surgical disposable gloves are highly demanded in medical sector as well because surgical disposable gloves are of high-quality and are commonly used by medical health professionals like surgeons and nurses in operating rooms.
Regional Market Analysis
In terms of regional segmentation, North America dominates the market and expected to have the largest revenue share accounted for in 2020. This is due to the pandemic causing the increasing demand for disposable gloves products, growing healthcare expenditures, increasing geriatric population, and awareness on healthcare-associated infections. Asia Pacific is expected to be the fastest-growing regional market during the forecast period. Latin America region on the other hand, is expected to record a significant CAGR in 2021-2028.
Based on an extensive assessment, these major key players on the disposable gloves market have a competitive landscape and utilizing key strategic developments to lead the industry over the past years until now. These companies are, Ansell Ltd.; Top Glove Corporation Bhd, Hartalega Holdings Berhad, Supermax Corporation Berhad, Kossan Rubber Industries Bhd, Ammex Corp., Kimberly-Clark Corp., Sempermed USA, Inc., MCR Safety
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Material Analysis (Revenue, USD Million, 2021 - 2028)
• Natural Rubber
Product Analysis (Revenue, USD Million, 2021 - 2028)
End-use Outlook Analysis (Revenue, USD Million, 2021 - 2028)
• Medical & Healthcare
• Automotive Finishing
• Automotive Aftermarket
• O&G and Mining
• F&B Processing
• F&B Service
• Metal & Machinery
• Chemical & Petrochemical
• Academic R&D
• Industrial R&D
Region Analysis (Revenue, USD Million, 2020 – 2028)
• United States
• United Kingdom
• South Korea
• Saudi Arabia
• Rest of World
• United States Disposable Gloves Industry Research Report
• Europe Disposable Gloves Industry Research Report
• Asia Pacific Disposable Gloves Industry Research Report
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