Disposable Gloves Market Summary
As per Market Research Future Analysis, the Global Disposable Gloves Market was valued at USD 26,356.9 million in 2023 and is projected to reach USD 47,647.0 million by 2032, growing at a CAGR of 6.8% from 2024 to 2032. The market is driven by increased awareness of healthcare-associated illnesses and the rising demand from the healthcare sector, particularly due to the COVID-19 pandemic. The natural rubber segment held the largest market share in 2021, while the medical application segment is expected to grow the fastest during the forecast period. The North American market accounted for USD 230.62 million in 2021, with significant growth anticipated due to rising healthcare spending and public awareness of healthcare-acquired infections.
Key Market Trends & Highlights
Key trends influencing the disposable gloves market include stringent safety regulations and increased healthcare demands.
- Disposable gloves market size in 2023: USD 26,356.9 million.
- Projected market size by 2032: USD 47,647.0 million.
- CAGR from 2024 to 2032: 6.8%.
- Natural rubber gloves held ~35% market share in 2021.
Market Size & Forecast
2023 Market Size | USD 26,356.9 million |
2024 Market Size | USD 28,149.2 million |
2032 Market Size | USD 47,647.0 million |
CAGR (2024-2032) | 6.8% |
Major Players
Key players include Ansell Limited, Top Glove Corporation Bhd, Hartalega Holdings Berhad, and Medline Industries Inc.