The global disposable gloves market size is expected to reach USD 16.12 billion by 2030. It is expected to expand at a CAGR of 5.8% from 2022 to 2030. The high prevalence of the COVID-19 pandemic, particularly in North America and Asia Pacific, is projected to augment the demand for disposable gloves. The COVID-19 pandemic had boosted the demand for disposable gloves, which strained the supply chain, thus creating a shortage in the market. Furthermore, disposable glove 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 projected to boost the market growth over the forecast period. Technological advancement, coupled with the growing consumer need for disposable gloves in medical operations, is anticipated to complement the market growth. Distributors play a vital role in the market as the product manufacturers are dependent on the distributors to get their products to consumers. Globalization and consolidation of gloves 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.
Companies such as Ansell Ltd. and Kimberley-Clark Corporation are carrying out strategic acquisitions, taking advantage of the ongoing COVID-19 pandemic situation. These acquisitions are expected to strengthen these companies’ position in the distribution network in the U.S. and India and extend their product portfolio and sales force to gain a competitive edge over their rivals. The pandemic has prompted market players to rethink their supply chains leading to increased instances of relocating or setting up additional manufacturing facilities in the country where the company is based in order to avoid future bottlenecks. For instance, companies such as Showa Group based in the U.S. are expected to triple their production of nitrile gloves by 2022.
The rising awareness regarding employee health and safety, along with the increasing industrial fatalities in the emerging economies, is projected to boost the market growth over the forecast period. Technological advancement, coupled with the growing consumer need for disposable gloves in medical operations, is anticipated to complement the market growth. Distributors play a vital role in the market as the product manufacturers are dependent on the distributors to get their products to consumers. Globalization and consolidation of gloves 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.
Companies such as Ansell Ltd. and Kimberley-Clark Corporation are carrying out strategic acquisitions, taking advantage of the ongoing COVID-19 pandemic situation. These acquisitions are expected to strengthen these companies’ position in the distribution network in the U.S. and India and extend their product portfolio and sales force to gain a competitive edge over their rivals. The pandemic has prompted market players to rethink their supply chains leading to increased instances of relocating or setting up additional manufacturing facilities in the country where the company is based in order to avoid future bottlenecks. For instance, companies such as Showa Group based in the U.S. are expected to triple their production of nitrile gloves by 2022.
Disposable Gloves Market Report Highlights
- By material, the nitrile segment is estimated to expand at the fastest CAGR of 6.8% from 2022 to 2030 in terms of revenue owing to the increasing adoption of nitrile gloves in the chemical, medical, painting, laboratory, dentistry, and oil sectors
- Based on product, powder-free gloves accounted for the largest revenue share of over 70.0% in 2021 on account of the rising preference for non-powdered gloves across many industries, including chemical, medical, and food processing
- The medical and healthcare end-use segment accounted for the largest revenue share of over 75.0% in 2021 owing to its ability to provide barrier protection against the risk associated with the on-the-job transmission of germs and other environmental contaminants
- The market in India is likely to witness significant growth from 2022 to 2030 on account of the COVID-19 pandemic, along with the growing healthcare industry owing to the rising expenditure by the public and private players and growing disposable incomes
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Market Variables, Trends, and Scope
Chapter 5. Disposable gloves Market: Material Estimates & Trend Analysis
Chapter 6. Disposable gloves Market: Product Estimates & Trend Analysis
Chapter 7. Disposable gloves Market: End-use Estimates & Trend Analysis
Chapter 8. Disposable gloves Market: Regional Estimates & Trend Analysis
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
List of Tables
List of Figures
Companies Mentioned
- Ansell Ltd.
- Top Glove Corporation Bhd
- Hartalega Holdings Berhad
- The Glove Company
- Superior Gloves
- Mapa Professional
- Adenna LLC
- Mcr Safety
- Atlantic Safety Products, Inc.
- Supermax Corporation Berhad
- Kossan Rubber Industries Bhd
- Ammex Corporation
- Kimberly-Clark Corporation
- Sempermed Usa, Inc.
- Cardinal Health
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 212 |
| Published | January 2022 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 10.29 Billion |
| Forecasted Market Value ( USD | $ 16.12 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
