Disposable Gloves Market Share Analysis 2023, Manufacturing Trends, Size, Demands, Regional Business and Growth Forecast 2030

Research Reports

Feb 09, 2023

Disposable Gloves Market Future Insights

According to MRFR analysis, the global Disposable Gloves Market is expected to register a CAGR of ~ 4.72% from 2021 to 2030 and hold a value of over ~USD 1123.98 million by 2030.

The rising demand for disposable gloves, especially from the healthcare industry amidst the ongoing COVID-19 epidemic, along with the increasing awareness regarding healthcare-associated infections, is anticipated to fuel the market growth. The healthcare sector in major developing economies is predicted to witness substantial growth on account of several factors, such as growing investments in both the private and public sectors, increasing population, the high influx of migrants, and the rising geriatric population. Furthermore, increasing healthcare expenditure is expected to boost the growth of the healthcare sector, which, in turn, is predictable to augment the demand for disposable gloves.

Report Attribute/Metric

Details

Market Size 2021

USD 547.8 million

Market Size 2022

USD 599.29 million

Market Size 2030

USD 1123.98 million

Compound Annual Growth Rate (CAGR)

4.72% (2022-2030)

Base Year

2021

Market Forecast Period

2022-2030

Historical Data

2018 & 2020

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

Type, Application, and Region

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Key Companies in the disposable gloves market include

  • Ansell Limited
  • Semperit AG Holding
  • Medline Industries Inc.
  • Braun Melsungen AG
  • MRK Healthcare Pvt. Ltd.
  • Hartalega Holdings Berhad
  • RFB Latex Limited
  • Asma Rubber Products Pvt. Ltd.
  • Kanam Latex Industries Pvt. Ltd.
  • Primus Gloves Private Limited, among others

Disposable Gloves Market Segmentation

The global Disposable Gloves Market has been segmented into vehicle type and application.

Based on the type, The global Disposable Gloves Market has been segmented into natural rubber, nitrile, vinyl, and others. The natural rubber disposable gloves segment held the mainstream share in 2021, contributing to around ~35% of the disposable gloves market revenue. Gloves made of natural rubber latex are regularly used in applications that call for waterproof and chemically resistant materials.

Based on the application, The global Disposable Gloves Market has been segmented into medical, examination, surgical, food service, clean room, and others According to the market forecast, the medical segment conquered the market in 2021 and is expected to be the faster-growing segment during the forecast period, 2022-2030. The COVID-19 epidemic is anticipated to upsurge demand for gloves, which are used by medical personnel worldwide for examination and testing, and to avoid contact with individuals who are sick. Surgical and examination gloves are two communal categories of disposable gloves based on their intended use. Hence, increasing applications in medical for disposable gloves impacts the market growth.

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Disposable Gloves Market Regional Analysis

North America ran the market and accounted for over 35.0% share of the global revenue in 2020. The COVID-19 outburst has resulted in augmenting the demand for disposable gloves suggestively across the region. Growing healthcare expenditure, coupled with the rising elderly population and increasing awareness about healthcare-acquired infections, is expected to have a positive impact on the market growth in the region.

The Asia Pacific market is characterized by the augmented demand for disposable gloves in medical, food and beverages, and industrial applications. Furthermore, the speedy spread of the COVID-19 epidemic across numerous countries such as India, Indonesia, and the Philippines is further expected to augment the demand for disposable gloves.

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 17

1.1.1 GLOBAL DISPOSABLE GLOVES MARKET, BY TYPE 17

1.1.2 GLOBAL DISPOSABLE GLOVES MARKET, BY APPLICATION 18

1.1.3 GLOBAL DISPOSABLE GLOVES MARKET, BY REGION 19

2 MARKET INTRODUCTION

2.1 DEFINITION 20

2.2 SCOPE OF THE STUDY 20

2.3 MARKET STRUCTURE 20

2.4 KEY BUYING CRITERIA 21

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 22

3.2 PRIMARY RESEARCH 23

3.3 SECONDARY RESEARCH 24

3.4 MARKET SIZE ESTIMATION 25

3.5 TOP-DOWN AND BOTTOM-UP APPROACH 25

3.6 FORECAST MODEL 26

3.7 LIST OF ASSUMPTIONS 27…Continued.

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Market Research Future® (Part of WantStats Research and Media Pvt. Ltd.) has specialized research analysts in the areas of Aerospace & Defense, Automotive, C&M, Energy & Power, F&B, Healthcare & Pharmaceutical, ICT, Industrial Equipment, Packaging Construction & Mining and Semiconductor.

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and about what action to take based on these aspects.

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