Rubber Gloves Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2028

Published Date : Dec 2020 | No. of Pages : 250 Pages | Category : Chemical and Material

The global Rubber Gloves market size is expected to be worth around US$ 22.2 billion by 2028, according to a new report by Vision Research Reports.

The global Rubber Gloves market size was valued at US$ 7.6 billion in 2020 and is anticipated to grow at a CAGR of 14.8% during forecast period 2021 to 2028.

Growth Factors

Rising government expenditures towards the healthcare industry across countries including Germany, Italy, India, Australia, and the U.K., is expected to drive the market over the forecasted period.

The market is driven by rising adoption in industries such as automotive, oil and gas, construction, cleanroom, metal and machinery, and chemicals to prevent injuries at workplaces. This can be attributed to the presence of stringent regulations in various countries towards workers safety, such as Occupational Safety and Health Administration (OSHA), and high costs associated with workplace hazards.

The demand for rubber gloves is expected to rise, with growing concentration of industry players associated with the food and beverages industry, such as bakeries, packaged foods, and restaurants, towards making their products free from direct touch. This can be attributed to growing consumers awareness towards hygiene level of foods, and prevent infections caused due to spoilage, and mishandling of foods.

Report Highlights

The natural rubber segment led the market and accounted for the largest revenue share of 41.2% in 2019 owing to their usage in various industries such as medical and healthcare, food processing, oil and gas, and chemicals, for protection against hand injuries and infections. The demand for latex gloves is expected to rise significantly, as they are approved by the FDA for chemical handling and medical surgeries.

The nitrile segment is estimated to witness a CAGR of 15.8% from 2020 to 2027. Nitrile gloves possess various properties such as high barrier protection, heat resistance, and chemical resistance. In addition, these rubber gloves provide better protection against chemical burns as compared to vinyl and latex gloves, due to which their market growth is expected to be high.

Neoprene is produced by performing polymerization operation of chloroprene. Neoprene based gloves offer high resistance stretching, making them snug fit, due to which they offer better grip, as compared to latex and nitrile gloves. The demand for these rubber gloves is expected to be high among food preparation staff, laboratory workers, and medical professionals, owing to the aforementioned characteristics.

Other types of materials for making rubber gloves include isoprene rubber, chloroprene, silicone rubber, and butyl rubber. High heat and chemical resistance coupled with good release properties is anticipated to fuel segment growth over the forecast period. In addition, the rising government expenditures across various developing countries towards the healthcare industry is expected to drive the market.

Product Insights
The disposable rubber gloves segment dominated the market and accounted for the largest revenue share of 71.6% in 2020. The segment is expected to witness a CAGR of 15.5% over the forecasted period. The demand for disposable rubber gloves is expected to be high among the workers in the medical and food processing industry, as they have to use different pair of rubber gloves for different operations, and disposable gloves are meant for single use, and are cost effective in nature.

The demand for disposable rubber gloves has risen considerably in 2020, owing to the global outbreak of the COVID-19 pandemic, thus increasing the demand for Personal Protective Equipment (PPE). The one time usage of disposable gloves has increased among healthcare workers, to avoid cross contamination, during treatments.

Durable rubber gloves are designed to be used in heavy-duty industries such as oil and gas, construction, chemicals, and automotive. They can be reused multiple times, and offer advantages such as durability, strength, low generation of waste, and other environmental benefits. In addition, these rubber gloves are thicker as compared to disposable gloves, offer better tear resistance, and ensure better hand safety.

The powder free rubber gloves segment dominated the rubber gloves market and accounted for the largest revenue share of 70.11% in 2020. The segment is expected to witness a CAGR of 15.9% over the forecasted period. These rubber gloves undergo chlorination process, which makes them less form-fitting to avoid the use of powder for ease of wearing and removal. The demand for these rubber gloves is expected to grow over the forecast period owing to their preference across numerous industries such as medical, food processing, and chemical.

The demand for powdered rubber gloves is expected to rise over the forecasted period, as the powder helps in easy donning, removal, better grip, and results in less sweat and moisture inside the gloves. There are primarily two types of powders used, namely, cornstarch and calcium carbonate. However, health agencies have imposed various mandates on the usage of powders in rubber gloves to prevent any type of skin allergy.

Powder free gloves are expected to witness high growth over the forecasted period, particularly in case the user has wet hands, as they are mostly double chlorinated, making them easy to put on. However, their prices are generally high due to the extra chlorination process, due to which manufacturers are working on the synthesis of effective and less costly processes, to reduce the prices.

The physical distribution channel segment dominated the market and accounted for the largest revenue share of 69.3% in 2020. The segment is expected to witness a CAGR of 10.02% over the forecasted period, as it offers easy supply chain management where gloves are manufactured and distributed via wholesalers and retailers to the end consumers. This also helps consumers to buy gloves, whenever they want, as per their preferences.

The online distribution channel segment is expected to grow rapidly over the forecast period owing to speedy advancements and developments in the e-commerce industry. However, in some instances, delivery times can be high, in case of less availability or remoteness of the delivery address.

The physical distribution channel is especially prominent in remote places, where the online channel does not cater to or have high delivery charges. However, due to the global outbreak of the COVID-19 pandemic, where governments across various countries had imposed strict lockdowns, and consumers are refraining from going outside, the adoption rate of online channels has increased immensely.

The medical and healthcare led the market and accounted for the largest revenue share of 69.11% in 2020 owing to their wide usage among doctors and patients for preventing cross-contamination and transmission of pathogens during medical tests and surgeries. In addition, the global spread of the COVID-19 pandemic is expected to increase the demand for examination gloves among healthcare workers for testing and examination purposes.

The demand of rubber gloves in the automotive industry is estimated to witness a CAGR of 7.11% from 2020 to 2027. Workers in the automotive industry are prone to numerous hazards in the workplace, from sharp edges and tools to harmful chemicals and substances. These rubber gloves offer excellent chemical resistance, against grease, oil, and gasoline, thus avoiding accidents.

The demand for rubber gloves in the food and beverage industry is expected to witness a CAGR of more than 9.03%, as they offer an extra level of hygiene during various processes such as preparing, handling, and washing meat, seafood, poultry, desserts, vegetables, and beverages. In addition, these rubber gloves offer protection against food-borne illnesses.

Europe led the market and accounted for the largest revenue share of about 35.02% in 2020. The rising demand for rubber gloves in the region is attributed to the high requirement for protective gloves in industries such as food and beverage, metal manufacturing, oil and gas, automotive, and chemicals. In addition, the rapid outbreak of the COVID-19 pandemic in countries such as Germany and Italy has resulted in high demand for rubber gloves in the medical industry.

The growth in medical and healthcare spending in North America can be attributed to the growing awareness among people for protection against various infections and communicable diseases. In addition, high hygiene expenditure by people in the food and beverage industry is expected to drive the market over the forecasted period.

Key Players

  • Ansell Ltd.

  • Top Glove Corporation Bhd

  • Hartalega Holdings Berhad

  • Unigloves (UK) Limited

  • The Glove Company.

  • MAPA Professional

Market Segmentation

  • Material Outlook

    • Natural Rubber/Latex

    • Nitrile

    • Neoprene

    • Others

  • Type Outlook 

    • Powdered

    • Powder Free

  • Product Outlook

    • Disposable

    • Durable

  • Distribution Channel Outlook

    • Online

    • Physical

  • End-use Outlook 

    • Medical & Healthcare

    • Automotive

    • Oil & Gas

    • Food & Beverage

    • Metal & Machinery

    • Chemical & Petrochemical

    • Pharmaceutical

    • Cleanroom

    • Others

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • Italy

      • U.K.

      • Russia

      • France

      • Spain

    • Asia Pacific

      • China

      • India

      • Thailand

      • Malaysia

      • Indonesia

      • South Korea

      • Australia

      • Japan

    • Central & South America

      • Brazil

      • Argentina

    • Middle East & Africa

      • UAE

      • Saudi Arabia

      • South Africa

The Rubber 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 Rubber Gloves market for the base year 2020 and the forecast between 2021 and 2028. 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 Rubber Gloves market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Rubber 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 Rubber 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 Rubber 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 Rubber 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 Rubber Gloves market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. 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 Rubber Gloves market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Rubber 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 Rubber 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 Rubber 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 Rubber 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 Rubber 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 Rubber Gloves market. These factors have benefited the growth of the global market for Rubber 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 Rubber 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 Rubber Gloves are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

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

Research Methodology:

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

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.

Primary Sources

 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 analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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