The global Disposable Gloves market size is expected to be worth around US$ 15.87 billion by 2030, according to a new report by Vision Research Reports.
The global Disposable Gloves market size was valued at US$ 10.20 billion in 2020 and is anticipated to grow at a CAGR of 9.10% during forecast period 2021 to 2030.
The rising cases of Covid-19, particularly in North America and Asia Pacific, are projected to augment the demand for disposable gloves.
The global pandemic boosted the demand for disposable gloves, which strained the supply chain, thus creating a shortage in the market. The manufacturers are expanding their production capacities to meet the growing demand, thereby improving the global supply chain over the past few months.
The rising awareness regarding employee health and safety, along with the increasing industrial fatalities in the emerging economies, is also projected to boost the market growth over the forecast period. Technological advancements, coupled with the growing product demand in medical operations, are anticipated to complement market growth.
Distributors play a vital role in the global market as the product manufacturers are dependent on them for product distribution. Globalization and consolidation of manufacturers are anticipated to have a significant impact on the distributors, which is projected to compel them to broaden their horizons and look beyond the traditional boundaries.
The natural rubber segment led the market and accounted for over 37% of the global revenue share in 2020. Natural rubber-based products offer superior performance and protection in various applications, such as medical & dental, food processing & service, janitorial & sanitation, pharmaceutical, and automotive. However, allergy caused by natural latex acts as a significant restraint, limiting the penetration of products made from natural rubber in the medical and food industries.
The nitrile material segment is anticipated to account for the highest revenue share by 2028 growing at the fastest CAGR of more than 10% during the forecast years. This growth can be credited to the rising adoption of nitrile-based products in the medical, painting, chemical, laboratory, and dentistry sectors. Higher puncture and chemical resistance of nitrile than vinyl and natural rubber are anticipated to boost the segment growth.
Vinyl-based products are latex-free and are made from (PVC) and plasticizers. These gloves offer high comfort and tactile sensitivity as compared to neoprene gloves. Vinyl-based products are suitable in an environment where frequent change of gloves is required, such as food preparation. Other applications include manufacturing, print shops, assembly, and medical industries.
(PE) is the most cost-effective material for gloves. PE gloves offer a loose fit and are lightweight. These are particularly designed to come on and off quickly and easily. These products are also latex- and powder-free and are used for light-duty applications that require frequent change of gloves, such as food processing & serving work, salad preparation, and other food applications.
The powder-free product segment led the global disposable gloves market and accounted for over 72% of the total revenue share in 2020. Stringent regulations on the use of powdered gloves by several governments worldwide are expected to have a positive impact on the growth of the powder-free gloves market over the forecast period.
Powder-free products are treated with chlorination, which makes them less form-fitting to eliminate the use of powder for easy donning and removal. Rising preference for powder-free gloves across several industries, including chemical, medical, and food processing, among others, is projected to drive the segment over the forecast period.
On January 19, 2017, the U.S. Food and Drug Administration (FDA) banned the manufacturing, sales, and distribution of all powdered patient examination gloves, powdered surgeon gloves, and absorbable powder used to lubricate surgeon’s gloves, which, in turn, anticipated to hamper the growth of the powdered product segment over the forecast period. However, the powdered gloves offer better protection against hazardous chemicals or physical contaminants and perfect fitting than their counterparts.
The medical end-use segment led the market and accounted for more than 78% of the global revenue share in 2020. The global Covid-19 pandemic is anticipated to boost the demand for gloves in the healthcare sector. Disposable gloves are often classified based on application as surgical and examination gloves. Disposable examination gloves have witnessed substantial growth in the medical sector on account of higher demand in hospital, veterinary, and dental applications. Surgical disposable gloves have high-quality standards compared to examination gloves and are commonly used by surgeons and operating room nurses.
Disposable gloves are essential to protect employees against hand injuries that are common across numerous industries, including food processing, construction, automotive, oil & gas, and metal fabrication. These gloves provide protection against hot objects, splinters, bodily fluids, sharp edges, excessive vibrations, electricity, and extreme cold. The demand for disposable gloves in the chemical & petrochemical industries is anticipated to witness significant growth in the forecast period for handling volatile chemicals in laboratories and chemical industries. Furthermore, rising concerns pertaining to employee safety and initiatives to reduce injury rates in manufacturing facilities are anticipated to augment the demand for protective gloves over the forecast period.
North America led the market and accounted for over 35% of the global revenue share in 2020. The Covid-19 outbreak has resulted in increased product demand across several sectors in the region. Increasing healthcare expenditure coupled with the growing elderly population and rising awareness pertaining to HAIs is projected to have a positive impact on the regional market growth.
The upgrading of the public healthcare system and infrastructure coupled with investments in new facilities are part of the reform plan. These developments are expected to drive the demand for medical equipment and devices. The demand for hand protection equipment, such as disposable and durable gloves, is anticipated to witness growth owing to the expanding medical sector in the region.
Asia Pacific is estimated to be the fastest-growing regional market over the forecast years. The market in APAC is characterized by increased product demand from the medical, food & beverages, and industrial applications. Furthermore, the Covid-19 pandemic is further projected to augment the product demand across developing countries of the region, such as India, Indonesia, and the Philippines.
The product demand in Latin America is anticipated to register a significant CAGR over the forecast period. Factors, such as increasing public-private partnerships in the healthcare industry and improving healthcare infrastructure, are expected to benefit the market in the region over the forecast period.
Top Glove Corporation Bhd
Hartalega Holdings Berhad
Supermax Corporation Berhad
Kossan Rubber Industries Bhd
Sempermed USA, Inc.
Medical & Healthcare
O&G and Mining
Metal & Machinery
Chemical & Petrochemical
Middle East & Africa
The Disposable Gloves market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Disposable Gloves market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Disposable Gloves market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Disposable Gloves market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Disposable Gloves market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Disposable Gloves capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Disposable Gloves by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Disposable Gloves market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Disposable Gloves market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Disposable Gloves market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Disposable Gloves industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Disposable Gloves market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Disposable Gloves market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Disposable Gloves market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Disposable Gloves market. These factors have benefited the growth of the global market for Disposable Gloves. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Disposable Gloves. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Disposable Gloves are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
To strategically profile the key players and comprehensively analyze their growth strategies.
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