Disposable Gloves Market Research Report - Global Forecast till 2027

Global Disposable Gloves Market Research Report: Information By Type (Natural Rubber, Nitrile, Vinyl and Others), Application (Medical, Examination, Surgical, Food Service, Clean Room and Others) and Region - Forecast till 2027

ID: MRFR/IA - E/8867-CR | November 2020 | Region: Global | 145 pages

Please note that assessment period of report has been updated from 2019-2026 to 2020-2027. Cordially fill sample form for updated data.

Market Overview


In terms of volume, Global Disposable Gloves Market is estimated to reach a volume of USD 708.87 Billion units by 2026, registering a 9.41% CAGR during the forecast period.


Disposable gloves are considered to be one of the major categories for personal safety, across industries and sectors. An increase in demand from the healthcare sector due to the COVID 19 pandemic is expected to boost the market in the short-term scenario. Disposable gloves act as a shield protecting the healthcare workers against contagious infections. The disposable gloves market is driven by factors such as increasing demand from the healthcare industry and strict government regulations for workforce safety. However, the availability of local and low-cost products is expected to restrain market growth. The increase in workplace-safety awareness & scope in the lucrative developing markets is expected to create growth opportunities for the market players.


Segmentation


Global Market for Disposable Gloves has been segmented based on Type and Application.


Based on type, the global market has been segmented into natural rubber, nitrile, vinyl, and others. In 2019, the natural rubber segment accounted for the largest market share of 42.55%, with market size of 141.26 billion units. It is projected to register an 8.48% CAGR during the projected timeframe.


Based on application, the global market has been segmented into medical, examination, surgical, food service, clean room, and others. In 2019, the medical segment accounted for the largest market share of 32.78%, with market size of 108.83 billion units. It is projected to register an 8.68% CAGR over the forecast period.


Regional Analysis


Based on region, the report on the global disposable gloves market has been segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.


Global Disposable Gloves Market, by Region, 2019
Disposable Gloves Market


Source: MRFR Analysis


The flourishing healthcare industry in North America has enabled the disposable gloves market to generate significant revenue from this region. The steadily growing chemical industry provides huge scope for the growth of the disposable gloves market. In the US, Occupational Safety and Health Administration (OSHA) has amended several norms regarding personnel protection equipment standards, providing huge scope for growth of the disposable gloves market. Furthermore, major manufacturers in the US provide ample opportunities for significant growth during the forecast period.


The European region has witnessed rapid growth in recent times. The disposable gloves market in Germany is projected to witness robust growth, owing to the growth of the chemical, food, and equipment industries. The European Union (EU) has amended several norms regarding workers and safety and standardization of the personnel protection safety equipment, which is expected to raise the demand for disposable gloves in this country.


Synopsis


Global Market for Disposable Gloves has been segmented based on type and application. The Disposable gloves market is driven by factors such as increasing demand from the healthcare industry and strict government regulations for workforce safety. However, the availability of local and low-cost products is expected to restrain the market growth. The increase in workplace-safety awareness & scope in the lucrative developing markets is expected to create growth opportunities for the market players.


Key Competitors


The growth of the vendors is dependent on market conditions, government support, and industrial development. Thus, the vendors should focus on expanding their presence and improving their services. Top Glove Corporation Bhd, Rubberex, Semperit AG Holding, Ansell Ltd., Kossan Rubber Industries Bhd, and Cardinal Health are a few of the key players operating in the global market.


Market Segmentation



  • By Type- Natural Rubber, Nitrile, Vinyl, and Others

  • By Application- Medical, Examination, Surgical, Food Service, Clean Room, and Others


Key Questions Addressed by the Report



  • Why is the disposable gloves market expected to grow in the near future?

  • What are the key strategies adopted by market players?

  • In the coming years, at what Compound Annual Growth Rate (CAGR) is the disposable gloves market anticipated to grow?

  • What is estimated to be the worth of the disposable gloves market by 2026?

  • Who are the major participants of the disposable gloves market?



Frequently Asked Questions (FAQ) :


In terms of volume, the Global Disposable Gloves Market is projected to grow at approximately 9.41% CAGR during the assessment period (2020-2026).

The global disposable gloves market is estimated to reach a volume of 708.87 Billion units by 2026

Medical is the largest application segment in the global disposable gloves market.

Huge demand in several applications, growing pharmaceuticals and food industries, rising population, and economic growth, are major tailwinds pushing the growth of the global disposable gloves market.

North America holds the largest share in the global disposable gloves market, followed by Europe and the Asia Pacific region, respectively.

Rubberex, Top Glove Corporation Bhd, Semperit AG Holding, Kossan Rubber Industries Bhd, Ansell Ltd., and Cardinal Health, are some of the top players operating in the global disposable gloves market.