Disposable Gloves Market Size is expected to reach at USD 27 Billion by 2030, registering a CAGR of 7.9%, Owing to Rising Number of Hospitalizations across the Globe
Acumen Research and Consulting recently published report titled “Disposable Gloves Market Analysis Report and Region Forecast, 2022 – 2030”
LOS ANGELES, Oct. 25, 2022 (GLOBE NEWSWIRE) — The Global Disposable Gloves Market Size accounted for USD 13.6 Billion in 2021 and is projected to achieve a market size of USD 27 Billion by 2030 rising at a CAGR of 7.9% from 2022 to 2030.
Disposable Gloves Market Statistics
- Global disposable gloves market revenue was worth USD 13.6 billion in 2021, with a 7.9% CAGR from 2022 to 2030
- North America region was accounted 36% of disposable gloves market share in 2021
- Asia-Pacific market is expected to grow at a CAGR of 8.4% from 2022 to 2030
- Based on material, nitrile gloves capture over 30% of the overall market share in 2021
- Increasing demand for gloves in the healthcare sector, drives the disposable gloves market value
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Disposable Gloves Market Report Coverage:
|Market||Disposable Gloves Market|
|Disposable Gloves Market Size 2021||USD 13.6 Billion|
|Disposable Gloves Market Forecast 2030||USD 27 Billion|
|Disposable Gloves Market CAGR During 2022 – 2030||7.9%|
|Disposable Gloves Market Analysis Period||2018 – 2030|
|Disposable Gloves Market Base Year||2021|
|Disposable Gloves Market Forecast Data||2022 – 2030|
|Segments Covered||By Material, By Product, By End-User, And By Geography|
|Disposable Gloves Market Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||Ansell Ltd, Adenna LLC, Corporativo DL S.A. de C.V., 3M, Kimberly-Clark Corporation, Supermax Corporation Berhad, Atlantic Safety Products, Inc., Superior Gloves, Mölnlycke Health Care AB, Medline Industries, Inc., Globus (Shetland) Ltd., and Top Glove Corporation Bhd.|
|Report Coverage||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
Disposable Gloves Market Overview
The increased use of disposable gloves in various end-user verticals such as the food and beverage industries drives the worldwide disposable gloves market. The industry is expected to grow rapidly over the next few years as a result of increased demand for clinical and surgical applications.
Increasing requirements for the need in a few endeavors, for example, automobiles, pharmaceuticals, food & beverages, synthetic and petrochemical, petroleum & gas, mechanical R&D, mining, academic R&D, and spacious rooms, is expected to propel market growth throughout the estimated time frame. Stringent requirements governing worker safety will also benefit the market.
Disposable Gloves Market Growth Factors
- Increasing amount of surgical interventions in hospitals
- Growing prevalence of various chronic conditions
- Rising concern about health and hygiene, as well as a shift in emphasis on cleanliness and a safe environment
Global Disposable Gloves Market Trends
The growing importance of raw materials with lightweight qualities, convenience, improved heat resistance, and flexibility has been a significant driver for enterprises to conduct extensive R&D. These efforts are primarily aimed towards increasing the utility of the requirement and broadening its application span by incorporating innovative other needs into structural elements.
Technological advancements and rising worries over-representation of well-being and security are expected to provide rewarding opportunities to market participants in the coming few years. Need advancement and the use of suitable raw materials for glove production are also expected to have a significant impact on the market in the coming years.
Increasing the demand for disposable gloves in medical and healthcare, pharmaceutical, automotive, chemical, and oil and gas enterprises have been the primary factor driving the industry in recent times. Furthermore, the use of the product in the food-preparation industry is likely to complement market development.
Expanding awareness of personal safety and health, along with rising consciousness about skin diseases in their advanced form, is expected to drive the market throughout the forecast period. Mechanical improvement, supported by the availability of adjusted plans to take clear industry needs into consideration, is likely to have a good impact on requests.
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Disposable Gloves Market Segmentation
The global disposable gloves market has been segmented by Acumen Research and Consulting based on material, product, and end-user. By material, the segment is separated into natural rubber, vinyl, polyethylene, nitrile, neoprene, and others. According to the disposable gloves market forecast, the nitrile category is predicted to develop significantly in the next years.
In terms of product, the market is categorized into powdered, and powder free. Moreover, the market is divided into medical & healthcare (surgical (dental, veterinary, hospital, EMS, and others), and examination (dental, hospital, EMS, veterinary, and others)), and non-medical (automotive finishing, O&G and mining, F&B service, chemical & petrochemical, cleanroom, industrial R&D, automotive aftermarket, F&B processing, metal & machinery, pharmaceutical, academic R&D, and others), based on the end-user.
Disposable Gloves Market Regional Overview
The global disposable gloves market is separated into several geographic regions: Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. According to a disposable gloves industry analysis, North America has emerged as the largest market, accounting for considerable revenue shares in 2021. Government organizations in the region are encouraging firms to be more severe in order to safeguard worker safety in the face of increasing word-related hazards.
The governments of Russia and Ukraine recently implemented adjustments in the national insurance industry to improve medical care in both countries and make it more in line with Western principles. The upgrading of transparent human services regulations, as well as demands in new offices, are expected to boost need demands in these countries.
In Spain, there is expected to be a significant increase in the demand for disposable gloves during the anticipated time period. The country has a comprehensive general well-being foundation that accounts for around 75-80% of the firm’s mobility. Increased investment in the country’s medical sector is likely to raise need requests in the coming few years.
Disposable Gloves Market Strategies
The online business serves as a significant motivator for market participants to improve item sales, venture into this industry, and expand benefit contributions. With the expansion of online commerce, merchants may acquire and provide products and services with shorter lead times and faster delivery to meet increased client demand.
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Disposable Gloves Market Players
Some of the prominent disposable gloves market companies are Ansell Ltd, Corporativo DL S.A. de C.V., Kimberly-Clark Corporation, Atlantic Safety Products, Inc., Mölnlycke Health Care AB, Globus (Shetland) Ltd., Adenna LLC, 3M, Supermax Corporation Berhad, Superior Gloves, Medline Industries, Inc., and Top Glove Corporation Bhd.
Questions Answered By This Report
- What was the market size of Disposable Gloves Market in 2021?
- What will be the CAGR of Disposable Gloves Market during the forecast period from 2022 to 2030?
- Who are the major players in Global Disposable Gloves Market?
- Which region held the largest share in Disposable Gloves Market in 2021?
- What are the key market drivers of Disposable Gloves Market?
- Who is the largest end user Disposable Gloves Market?
- What will be the Disposable Gloves Market value in 2030?
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Acumen Research and Consulting is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.
Mr. Richard Johnson
Acumen Research and Consulting
E-mail: [email protected]
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