The latest report published by IMARC Group, titled “Disposable Gloves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on disposable gloves industry size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global disposable gloves market size reached US$ 16.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 39.5 Billion by 2032, exhibiting a growth rate (CAGR) of 9.9% during 2024-2032.
Request to Get the Sample Report: https://www.imarcgroup.com/disposable-gloves-market/requestsample
Factors Affecting the Growth of the Disposable Gloves Industry:
- Global Health and Safety Concerns: The heightened awareness of health and safety, particularly in the wake of global health crises, is a primary driver for the growth of the disposable gloves market. The demand for personal protective equipment, including disposable gloves, has surged in various sectors such as healthcare, the food industry, and manufacturing. The ongoing emphasis on preventing the spread of infections and maintaining stringent hygiene standards contributes to sustained market growth.
- Stringent Regulations and Compliance Standards: Increasingly stringent regulations and compliance standards across industries, particularly in healthcare and food handling, drive the demand for disposable gloves. Governments and regulatory bodies worldwide are enforcing strict guidelines to ensure worker and consumer safety. This mandates the use of disposable gloves as a critical component of hygiene protocols. As businesses strive to meet and exceed these standards, the disposable gloves market experiences growth as a vital element in maintaining regulatory compliance and safeguarding against potential health risks.
- Expanding Applications in Diverse Industries: The widening scope of applications for disposable gloves across various industries propels market growth. Beyond healthcare, sectors such as food processing, pharmaceuticals, laboratories, and manufacturing increasingly integrate disposable gloves into their daily operations. The versatile use of gloves for protection against contaminants, chemicals, and other hazards fosters demand across diverse applications. As businesses recognize the importance of maintaining a safe and hygienic environment, the disposable gloves market expands to meet the evolving needs of a wide range of industries, contributing to sustained growth.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/disposable-gloves-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Ansell Limited
- The 3M Company
- Top Glove Corporation Bhd
- KIMBERLY-CLARK CORPORATION
- Mölnlycke Health Care AB
- Supermax Corporation Berhad
- Semperit AG Holding
- Rubberex Corporation Berhad
- Kossan Rubber Industries Bhd
- Hartalega Holdings Berhad
- Dynarex Corporation
- Cardinal Health Inc.,
- Braun Melsungen AG
- Unigloves (UK) Limited
- Smart Glove Corporation Sdn Bhd.
- Cypress Medical Products LLC
- Microflex Corporation
- YTY Group
Disposable Gloves Market Report Segmentation:
By Material Type:
- Natural Rubber
- Nitrile
- Vinyl
- Neoprene
- Polyethylene
- Others
Natural rubber represents the most used material type due to its unique properties and wide range of applications.
By Product Type:
- Powdered Gloves
- Powder Free Gloves
Powder-free gloves represent the most popular product type due to the growing awareness of the potential adverse health effects associated with powdered gloves.
By End-Use:
- Medical
- Non-Medical
Medical holds the largest share in the market due to the increasing healthcare expenditure.
By Distribution Channel:
- Direct Sales
- Medical Stores
- Online Stores
- Others
Direct sales represented the largest segment as they eliminate the need for intermediaries, reducing distribution costs and maximizing profit margins for manufacturers.
Regional Insights:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
North America's dominance in the market is due to the growing awareness of personal hygiene and safety, particularly in healthcare settings.
Global Disposable Gloves Market Trends:
The disposable gloves market is characterized by several notable trends that reflect evolving industry dynamics and global health considerations. Firstly, there is a heightened demand for nitrile gloves due to their durability, chemical resistance, and increased awareness of latex allergies. Secondly, the COVID-19 pandemic has accelerated the adoption of disposable gloves across various sectors, including healthcare, food handling, and general public use, driving the market's growth.
Additionally, there is a growing emphasis on sustainable and eco-friendly glove options, with manufacturers exploring biodegradable materials and responsible production practices. Furthermore, advancements in glove technology, such as touch-sensitive and antimicrobial coatings, are gaining traction to enhance functionality and safety. The market is also witnessing increased regulatory scrutiny, leading to improvements in quality standards and safety features. These trends collectively underscore the industry's commitment to innovation, safety, and sustainability in the disposable gloves market.
Key highlights of the report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
Comments