Disposable Gloves Market - Global Size, Share and Forecast to 2022

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Disposable Gloves MarketOpportunities and Forecasts, 2014 - 2022 Published Date: Nov 2016No Of Pages: 150

Introduction to Disposable Gloves Market

Disposable Gloves Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $17,242 million by 2022, registering a CAGR of 12.6% during the period 2016-2022.

The natural rubber gloves segment accounted for around three-fifths revenue share, in 2015 and is expected to maintain its dominance during the forecast period.

Europe and Asia-Pacific together accounted for around half of the market in 2015.

The market for disposable gloves is primarily driven by its requirement in medical and surgical applications to ensure safety and hygiene.

The other factors that drive the market are rising adoption of disposable glove usage among users from industries such as pharmaceuticals, food & beverages, etc.

Nevertheless, some of the restraints associated with disposable gloves business attractiveness is price-based competition due to emergence of domestic players and toxic side effects arising due to usage of gloves.

However, the impact of this limitation is anticipated to diminish in future due to ongoing improvements in production of disposable gloves.

Introduction to Disposable Gloves Market

In terms of revenue generation, non-powdered disposable gloves accounted for major share of the global disposable gloves market in 2015, and is projected to maintain this trend throughout the forecast period growing at a CAGR of 13.2%.

Natural rubber gloves are the most popular and conventional glove solution and it is projected to reach to $6,614 million by 2022 growing at CAGR of 12.0%.

Non-powdered disposable gloves segment is expected to continue its dominant revenue share in the global market, due to benefits such as lower risk of side effects.

Non-powdered gloves are anticipated to experience higher adoption rate, growing at a CAGR of 13.2% during the forecast period.

In 2015, medical gloves accounted for highest revenue share and it is expected to grow at a CAGR of 6.2% during the forecast period.

The use of medical gloves for examination activities are expected to drive the market for medical applications whereas usage of non-medical gloves in food service industry and cleanroom activities is projected to drive the market of non-medical applications.

Disposable Gloves Market Key Segments

Powdered gloves

Disposable Gloves Market Top Impacting Factors

Disposable Gloves Market Dynamics

Drivers

Rising concern for safety and hygiene

Growing number of end users

Advanced manufacturing technologies provides cost- effectiveness and drives the market

Restraints

High price competition

Toxic reactions to certain gloves: Poorly affecting the market growth

Impact of environmental conditions on natural rubber production

Key Benefits of Disposable Gloves Market

The report provides an in-depth analysis of the disposable gloves market across major countries, and total revenue generated during the forecast period

Region-wise and country-wise shares in the disposable gloves market are comprehensively analyzed in the report

Furthermore, key market players within this market have been profiled in this report and their strategies are analyzed thoroughly. This helps in understanding the competitive outlook on the supply side of the market.

The projections in the report are made by analyzing the current market trends and highlighting the market potential for the period of 2014-2022, in terms of value and volume

Extensive analysis of the market is conducted by closely following key product positioning and monitoring the top contenders within the market framework.

Disposable Gloves Market By Geography

North AmericaEuropeAsia-PacificLAMEA

Key Players Operating in Disposable Gloves Market

Supermax Corporation Berhad

Hartalega Holdings Berhad

Semperit AG Holding

Kossan Rubber industries ltd

Rubberex

Top Glove Corporation Berhad

Adventa Berhad

Ansell Healthcare

Cardinal Health, Inc

Dynarex Corporation.

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