The disposable glove market was valued at US$ 449.52 million by 2021 and is anticipated to expand by 12.0% year over year in 2022 to reach US$ 503.91 million. Additionally, growth is anticipated to pick up steam from 2022 to 2032 to a staggering 12.1% CAGR, hitting US$ 1,579.11 Million.
Disposable gloves are in high demand across a variety of end-use industries, including medical, personal care & hygiene, and others, due to rising personal hygiene and safety awareness.For the forecast period of 2022 to 2032, a new study by Fact.MR on the disposable glove market offers in-depth research of the growth potential, supply-demand trends, and emerging trends. According to the report, manufacturers will benefit from the increasing demand for nitrile gloves because they will concentrate on
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Key Trends:
- Increased Demand Due to Pandemic: The COVID-19 pandemic has led to a significant increase in the demand for disposable gloves, particularly in healthcare settings, laboratories, and industries where hygiene and safety are crucial.
- Healthcare Sector Dominance: The healthcare industry remains a major driver of disposable glove demand, with medical professionals and healthcare workers requiring gloves for patient care, surgery, and infection prevention.
- Shift Towards Nitrile Gloves: Nitrile gloves have gained popularity due to their superior puncture resistance, chemical resistance, and suitability for individuals with latex allergies.
- Sustainability Concerns: Growing environmental awareness has led to an interest in more sustainable glove options. Manufacturers are exploring biodegradable or compostable materials to address the environmental impact of disposable gloves.
- Technological Advancements: Manufacturers are focusing on enhancing glove features such as tactile sensitivity, fit, and comfort to provide better user experience without compromising safety.
- Stricter Hygiene Regulations: Stringent hygiene and safety regulations in industries such as food, healthcare, and pharmaceuticals continue to drive the demand for disposable gloves.
Disposable Gloves Market- Competitive Landscape:
Prominent players in the Disposable Gloves Industry are taking advantage of the rapidly increasing demand for the Disposable Gloves in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale vendors. Some prominent market developments are as follows:
- In January 2021, Ansell Limited completed the acquisition of the Primus brand and related assets that consist of the Life Science business belonging to Primus Gloves and Sanrea Healthcare Products (“Primus”). In addition, Ansell and Primus have entered into a long-term supply partnership. Primus is an Indian manufacturer and marketer of gloves sold in the Life Science and Specialty Medical sectors and is one of the few global producers of long cuff gloves with strong brand recognition. This acquisition increases the company’s presence in this important Indian market and provides them with the opportunity to further speed up the growth of their Life Sciences business.
- In May 2021, Honeywell and Premier Inc. established a new business partnership aimed at increasing nitrile exam glove production in the U.S. In the first year alone, this new alliance is estimated to create at least 750 million nitrile test gloves.
Key Segments Covered in the Disposable Gloves Industry Report:
· By Material :
- Nitrile
- Natural Rubber
- Neoprene
- Polyethylene
· By Product Type :
- Powdered
- Non-powdered
· By End User :
- Medical
- Chemicals
- Automotive
- Oil & Gas
· By Region :
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania
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Questionnaire answered in the Market outlook Report of Disposable Gloves include:
- What is the key strategy deployed by large players to maximize Disposable Gloves Market growth?
- What are the main challenges faced by players in the Disposable Gloves market Demand?
- With the advent of technological advancement, how will the Disposable Gloves market landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Disposable Gloves market size?
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