It’s being expected that by 2030, the Disposable Gloves market cap will hit USD 16.12 billion at a CAGR growth of about 5.8%.
.jpg "The Global Disposable Gloves Market 2020-2030 (USD Billion)")
Global Disposable Gloves accounted for a market size of USD 5.58 billion in the year 2019 and is projected to grow at a CAGR of more than 12.5 % over the forecast period. Growing demand of the product across various industries such as healthcare, pharmaceutical, automotive finishing, chemicals, etc. is expected to increase the demand of disposable gloves across the globe. There will also be substantial growth in the healthcare industry in major developed economies due to many factors, including increasing private and public investments coupled with a rising population.
Disposable gloves serve as protection against respiratory diseases for health workers. Medical gloves help protect doctors and health workers from cross-contamination during medical tests. The legislation on workplace health play a significant role in driving the demand for disposable gloves. Agencies' mandatory policies for safeguarding the health of employees in industries would boost consumer demand for the forecast period.
Disposable Gloves Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | USD 16.12 billion |
| Growth Rate | CAGR of 5.8 % during 2020-2030 |
| Segment Covered | By Material, Product, End-use, Region. |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Ansell Ltd.,Top Glove Corporation Bhd, Hartalega Holdings Berhad, Supermax Corporation Berhad, Kossan Rubber Industries Bhd, Ammex Corporation, Kimberly-Clark Corporation, Sempermed USA, Inc., MCR Safety |
Key Segment Of The Disposable Gloves Market
Material, (USD Billion)
• Natural Rubber
• Nitrile
• Vinyl
• Neoprene
• Polyethylene
• Others
Product, (USD Billion)
• Powdered
• Powder-free
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
Owing to the increased need for disposable gloves throughout the world, the industry has experienced huge growth as a result of the COVID-19 epidemic.
Owing to the population growth and a rapidly growing elderly population, the Asia-Pacific region delivers attractive shares in the disposable gloves market.
The global disposable gloves market is valued is anticipated to reach USD 16.12 billion at a CAGR of 5.8 % during the forecast period.
The increased demand for disposable gloves, particularly from the healthcare industry in the face of the current Covid-19 epidemic, as well as rising awareness about HAIs (Healthcare-Associated Infections) are some drivers projected to fuel market expansion.
In 2030, the medical end-use segment led the market, accounting for more than 78% of worldwide sales. The global Covid-19 epidemic is expected to increase demand for gloves in the healthcare industry.
With the growing number of baby boomers across the globe who need surgery and other health services, demand for disposable gloves would increase in a similar way. Manufacturers are facing the challenge of developing new technologies to meet customers ' demand for quality gloves at a low cost. The younger generation of surgeons who are qualified to wear NRL powder-free gloves are especially desirable as they provide excellent protection against possible allergic reactions due to powder contact.
Global disposable gloves market is segmented into material type such as natural rubber, nitrile, vinyl, polypropylene, and others. In terms of end-use such as medical and non-medical. Neoprene is a synthetic rubber substance developed by the chloroprene polymerisation. Neoprene glove provides a wide range of liquids and chemical safety materials. Glove with neoprene is a good fit. These are incredibly durable and require a tight fit with latex and nitrile glove.
In terms of geography, the global Disposable Gloves is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America dominated the global Disposable Gloves market with a market revenue share of 28% in 2019. The growing concern for safety and hygienic maintenance is expected to drive the demand by the majority of the population in the country. Greater availability of goods, with increased online and offline channel penetration, drives market growth in the area.
.png "Europe Disposable Gloves Market 2019 – 2028 (USD Billion)")
Key players include Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Berhad, Unigloves (UK) 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, Halyard Health, Inc, Corporativo DL, S.A. de C.V, Medline Industries, Inc, Mölnlycke Health Care AB