ROCKVILLE Md., March 07, 2022 (GLOBE NEWSWIRE) -- According to a recently published Fact.MR report, Disposable gloves sales are set to grow impressively at nearly 10% CAGR through 2021 and beyond. Growing personal hygiene and safety awareness, especially the spike witnessed during COVID-19, has accelerated the production of disposable gloves. Fact.MR's analysis reveals that high demand for nitrile disposable gloves from manufacturers will further gain traction in 2021.
The outbreak of COVID-19 has led to substantial growth in the personal hygiene and protection sector, and demand for disposable gloves has gained high traction. While adoption of disposable gloves in untapped markets is creating promising opportunities for stakeholders, surge in demand from the medical and healthcare sector is further fuelling the growth of manufacturers. Besides, these gloves are also widely used in the automotive, chemical, and oil & gas end-use sectors on a large scale.
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Historical Vs. Future Outlook on Disposable Glove Sales
Disposable gloves, being an integral part of personal safety and hygiene, have gained fast traction in the past years. While demand for surgical, one-time use, and other gloves became prominent from the medical sector, the COVID-19 pandemic has further spurred the growth of suppliers due to increased demand.
Additionally, steady requirement for various powdered and non-powdered disposable gloves from chemical, automotive, oil & gas, and other non-medical sectors has further bolstered the growth of industry players during the last 5 years from 2016 to 2020.
Rising awareness regarding personal hygiene and protection against infectious diseases has become the key driving factor driving demand for disposable gloves since the outbreak of the pandemic.
Additionally, increase in health expenditure, governmental investments in the medical sector, and other macro-economic factors are fuelling the sales of disposable gloves. According to Fact.MR, the global disposable gloves market is forecast to expand impressively at over 10% CAGR through 2031.
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Key Segments Covered in the Disposable Gloves Industry Survey
- Material
- Nitrile
- Natural Rubber
- Neoprene
- Polyethylene
- Product Type
- Powdered
- Non-powdered
- End User
- Medical
- Chemicals
- Automotive
- Oil & Gas
- Others
Competitive Landscape
The global disposable gloves market space is becoming tougher in terms of competition, while thriving on key players. In order to sustain their positions, key players are launching a wider range of products. For instance,
- Adenna LLC launched its new Dark Light® Nitrile Powder Free (PF) Exam Gloves, EMPOWER® Nitrile Powder Free Exam Gloves, and others, a couple of years back.
- Smart Glove launched its new metal detectable gloves, sterile examination gloves, medical examination gloves, and others, during the last 5 years.
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Key players in the Disposable Gloves Market
- Ansell Ltd.
- The Glove Company
- Adenna LLC
- Supermax Corporation Bhd
- Kossan Rubber Industries Bhd
- Medline Industries, Inc.
- Semperit AG Holding
- Hartalega Holdings Berhad
- Smart Glove
Key Takeaways from the Market Study
- High demand for nitrile gloves likely to be witnessed
- Rise in demand from medical sector to fuel sales significantly
- Non-powdered disposable gloves to have major share of revenue in terms of product type
- The United States to lead in the world’s largest disposable gloves industry - North America
- Germany remains the hotspot in Europe disposable gloves market
- China, Japan, the United Kingdom, Canada, South Korea, and France to remain highly lucrative markets over the next ten years
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