Chemicals Industry Today

Disposable Gloves Market is Expected to Grow from USD 8.2 Bn in 2020 to USD 18.5 Bn by 2031, at a CAGR of 7.7%

Since agriculture contributes to a significant percentage of the GDP in India, manufacturers in the disposable gloves market are unlocking growth opportunities in the region. The growing popularity of nitrile gloves is transforming the agricultural industry.Companies in the disposable gloves market are expanding their supply chains via eCommerce and online shopping apps. They are boosting production for latex and powder-free nitrile gloves that are ideal for milking and other tasks. Ambidextrous, strong, and durable nitrile gloves are being preferred in the agriculture industry. Companies are offering quality and customer service to meet the demands of customers.
Published 17 March 2022
Disposable Gloves Market: Introduction

Disposable gloves act as a physical barrier to bacteria and pathogens. They protect hands while handling chemicals, solvents, and unhygienic materials such as infected blood. Disposable gloves prevent the entry of pathogens into the human body, thereby acting as a source of protection.

Disposable gloves are highly used in the medical industry as surgical gloves, examination gloves, and specialty gloves. Disposable gloves are used to protect health care professionals and patients from infections in the medical industry. Rise in consumer awareness regarding maintaining good hygiene practices at the workplace across the globe is expected to boost the market during the forecast period. In addition, rise in demand for nitrile disposable gloves that resist tears, snags, and punctures from common hazards and handle harsh industrial chemicals is estimated to propel the sales of disposable gloves in automotive and chemical industries.

The study provides a decisive view of the global disposable gloves market by segmenting it in terms of material, end-use, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for disposable gloves in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers individual application segments of the market in every region.

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Disposable Gloves Market: Dynamics

The disposable gloves market serves various end-uses including chemicals, automotive, household cleaning, and food & beverage. Among these, food & beverages is expected to emerge as the major end-use segment during the forecast period. Rise in population, increase in disposable income, and growth in demand are expected to drive the disposable gloves market during 2021-2031.

Stringent regulations in the food industry due to recent outbreaks of diseases, rise in demand for food products, and growth of e-commerce are expected to open new opportunities for the market. Moreover, the disposable gloves market is projected to expand due to growing demand for motor oil, battery acid, and radiator coolant applications in the automotive industry. Additionally, power steering and brake fluids in cars are anticipated to boost the disposable gloves market.

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Disposable Gloves Market: Prominent Regions

North America has emerged as the region that is dominating the demand. However, a number of major companies are based out of North America and Europe. North America, being the chief demand provider in terms of volume, is expected to remain most lucrative region in terms of consumption in the near future.
The growth in adaptability of disposable gloves in Europe and Asia Pacific is projected to take place during the forecast period due to the emergence of the COVID-19 pandemic.

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Disposable Gloves Market: Key Players

The study includes profiles of major companies operating in the global disposable gloves market. Key players profiled in the report include Ansell Limited, Granberg AS, Hartalega Holdings Berhad, Latexx Partners Berhad, Kimberly-Clark Corporation, Sri Trang Agro-Industry Public Company Limited, Riverstone Holding Limited, Rubberex Corporation (M) Berhad, Cardinal Health, Inc, Medline Industries, Inc., Supermax Corporation Berhad, Kossan Rubber Industries Bhd, Rubberex, and Top Glove Corporation Bhd.

These players account for a major share of the global disposable gloves market. Brand promotions and launch of new products are likely to raise sales of disposable gloves over the next few years. Market leaders look for different measures such as strategic pricing to increase their profit margins.
 
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