Global Disposable Gloves Market Size, Trends & Analysis – Forecasts To 2026
Disposable Gloves Market Insights
The global disposable gloves market is expected to grow at a CAGR of 6.17% over the forecast period. The market is estimated to reach USD 12,911.5 million by 2026. The growing demand for the product in several end-use industries such as medical, food & beverage, industrial, pharmaceutical, chemical, and oil & gas among others is projected to boost the market growth over the coming years. Stringent government regulations pertaining to health & hygiene and safety are also likely to propel the market growth over the forecast period.
The market growth is also positively influenced by increasing incidence of surgeries coupled with growing research activities for the development of novel products and rising healthcare spending across the globe. The increasing demand for the product in food processing industries is further anticipated to complement the market growth over the forecast period.
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Disposable Gloves Market: By Product
Based on the product, the global disposable gloves market is segmented into powdered disposable gloves and powder free disposable gloves. The demand for powder-free gloves is anticipated to acquire the majority share of the global disposable gloves market over the coming years. Powder free gloves do not leave any residue on hands and on the surface, which makes it a suitable choice for the consumers in a wide variety of applications. Along with this, the regulations imposed by several countries such as the U.S., Germany, and the UK are also expected to stimulate the market growth over the forecast period.
Disposable Gloves Market: By Material
On the basis of material, the market is divided into natural rubber, nitrile, vinyl, neoprene, and polyethylene among others. The natural rubber segment occupied the largest share in 2018 and is expected to hold a dominant position over the coming years. High elasticity and chemical resistant properties of these materials are projected to aid the demand for natural rubber over the forecast period. The demand for nitrile disposable gloves is anticipated to be the fastest growing segment over the forecast period. These materials are durable and offer superior properties such as puncture resistance, thereby making it appropriate in numerous applications.
Disposable Gloves Market: By End Use
The disposable gloves market is segmented into medical and non-medical uses, based on end-use. The medical/healthcare segment is projected to record the highest market share in the forecast period. The growth is attributed to stringent hygiene & sanitary discipline practiced in the healthcare industry. Apart from medical applications, these products have been used for other applications including food & beverage, industrial, automotive, chemical, and research sector as well which provide excellent opportunities for overall market growth. The product also finds applications in forensic research and crime scenes investigation.
Disposable Gloves Market: Regional Insights
The demand for disposable gloves is anticipated to be the largest in North America. The regional growth is expected to be influenced by stringent government regulations on medical safety and hygiene. The high penalties imposed for non-compliance with these standards are expected to positively influence the regional growth over the coming years. Asia Pacific is expected to be the fastest growing region over the forecast period due to increased application of the product in healthcare industry. High demand observed for the product in surgical applications from countries such as China, South Korea, and India among others is further likely to aid the regional growth over the coming years.
Disposable Gloves Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase Disposable Gloves over the coming years. Some companies which are currently using Disposable Gloves and are likely to purchase it in future such as CARE hospitals, Johns Hopkins Hospital and Apollo Hospital among others.
Disposable Gloves Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Disposable Gloves Market Share & Competitor Analysis
Some of the key players operating in the Disposable Gloves markets are Ansell, Unigloves, Top Glove Corporation, Hartalega Holdings, Shield Scientific, The Glove Company, Adenna, Kimberly Clark Corporation, Globus (Shetland), Atlantic Safety Products, Honeywell, MAPA, and Starlab among others.
In June 2018, Ansell one of the key manufacturer based out of United States, announced the launch of AlphaTec 58-735, new innovative multi hazard nitrile gloves solution offering supreme combination of both cut and chemical protection, with excellent grip and comfort
In March 2018, one of the key nitrile gloves manufacturer Hartalega Holdings announced their goal of increasing the annual production of gloves to around 32 billion by March 2019 from around 27 billion pieces. The company is focusing on organic growth via capacity expansion
In January 2018, Unigloves signed a partnership agreement with Biocote to incorporate an innovative silver ion technology on single use gloves.
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