Disposable Gloves Market Size Worth $16.12 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, May 3, 2022 /PRNewswire/ -- The global disposable gloves market size is expected to reach USD 16.12 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% from 2022 to 2030. The high prevalence of the COVID-19 pandemic, particularly in North America and Asia Pacific, is projected to augment the demand for disposable gloves. The COVID-19 pandemic had boosted the demand for disposable gloves, which strained the supply chain, thus creating a shortage in the market. Furthermore, disposable glove manufacturers are expanding their production capacities to meet the growing demand, thereby improving the global supply chain over the past few months.

Key Insights & Findings from the report:

• By material, the nitrile segment is estimated to expand at the fastest CAGR of 6.8% from 2022 to 2030 in terms of revenue owing to the increasing adoption of nitrile gloves in the chemical, medical, painting, laboratory, dentistry, and oil sectors.
• Based on product, powder-free gloves accounted for the largest revenue share of over 70.0% in 2021 on account of the rising preference for non-powdered gloves across many industries, including chemical, medical, and food processing.
• The medical and healthcare end-use segment accounted for the largest revenue share of over 75.0% in 2021 owing to its ability to provide barrier protection against the risk associated with the on-the-job transmission of germs and other environmental contaminants.
• The market in India is likely to witness significant growth from 2022 to 2030 on account of the COVID-19 pandemic, along with the growing healthcare industry owing to the rising expenditure by the public and private players and growing disposable incomes.

Read 212-page market research report, "Disposable Gloves Market Size, Share & Trends Analysis Report By Material (Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene), By Product (Powdered, Powder-free), By End Use, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.

Disposable Gloves Market Growth & Trends

The rising awareness regarding employee health and safety, along with the increasing industrial fatalities in the emerging economies, is projected to boost the market growth over the forecast period. Technological advancement, coupled with the growing consumer need for disposable gloves in medical operations, is anticipated to complement the market growth. Distributors play a vital role in the market as the product manufacturers are dependent on the distributors to get their products to consumers. Globalization and consolidation of gloves manufacturers are anticipated to have a significant impact on the distributors, which is projected to compel them to broaden their horizons and look beyond the traditional boundaries.

Companies such as Ansell Ltd. and Kimberley-Clark Corporation are carrying out strategic acquisitions, taking advantage of the ongoing COVID-19 pandemic situation. These acquisitions are expected to strengthen these companies' position in the distribution network in the U.S. and India and extend their product portfolio and sales force to gain a competitive edge over their rivals. The pandemic has prompted market players to rethink their supply chains leading to increased instances of relocating or setting up additional manufacturing facilities in the country where the company is based in order to avoid future bottlenecks. For instance, companies such as Showa Group based in the U.S. are expected to triple their production of nitrile gloves by 2022

Disposable Gloves Market Segmentation

Grand View Research has segmented the global disposable gloves market on the basis of material, product, end use, and region:

Disposable Gloves Market - Material Outlook (Revenue, USD Million, 2017 - 2030)

• Natural Rubber
• Nitrile
• Vinyl
• Neoprene
• Polyethylene
• Others

Disposable Gloves Market - Product Outlook (Revenue, USD Million, 2017 - 2030)

• Powdered
• Powder-free

Disposable Gloves Market End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Medical & Healthcare
• Examination
• Dental
• Veterinary
• Hospital
• EMS
• Others
• Surgical
• Dental
• Veterinary
• Hospital
• EMS
• Others
• Non-medical
• Automotive Finishing
• Automotive Aftermarket
• O&G and Mining
• F&B Processing
• F&B Service
• Metal & Machinery
• Chemical & Petrochemical
• Pharmaceutical
• Cleanroom
• Academic R&D
• Industrial R&D
• Others

Disposable Gloves Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Russia
• Italy
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Indonesia
• Latin America
• Brazil
• Colombia
• Mexico
• Argentina
• Chile
• Peru
• Middle East & Africa
• Saudi Arabia
• UAE
• South Africa

List of Key Players of Disposable Gloves Market

• Ansell Ltd.
• Top Glove Corporation Bhd
• Hartalega Holdings Berhad
• Supermax Corporation Berhad
• Kossan Rubber Industries Bhd
• Ammex Corporation
• Kimberly-Clark Corporation
• Sempermed USA, Inc.
• MCR Safety

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Browse through Grand View Research's Specialty Polymers Industry Research Reports.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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