Disposable gloves are primarily used across health care and food industry, as a protection tool in order to avoid cross- infection between caregivers and patients. Over time, various variants of disposable gloves have been developed such as natural rubber, nitrile, vinyl and neoprene. Each of the variants renders unique benefits over conventional gloves; this renders wide application over a range of industries such as food service, clean room, industrial application among others. For instance, nitrile gloves are more puncture resistant, friction less, with long shelf life than latex gloves.
The total revenue value of the disposable gloves market in 2013 was at $5.2 billion. Increasing incidence of pandemic diseases such as swine flu (H1N1 pandemic) and a resultant need for infection prevention/control aids such as ?disposable gloves’ drive the growth of global disposable gloves market volume (billion gloves). Thus, the global disposable gloves market is estimated to grow at CAGR of 6.2%over the period 2014-2020and is expected to be valued at $7.9 billion in 2020.
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The global disposable gloves product market can also be segmented into powdered and non-powdered disposable gloves. Powdered gloves are widely used in the market owing to their high sterility, disposable nature and affordable cost. Owing to such benefits and consequent high usage/adoption rate by customers, powdered gloves garneredhigh volume (billion gloves) and ~71.5% of the market in 2013. On the basis of geography, the global disposable gloves market is segmented into North America, Europe, Asia Pacific and Rest of World. On account of higher purchasing power and stringenthealthcare regulations in the developed regions, such regions have garnered majority market share of the global disposable gloves market.
As elaborated earlier, many companies aim to develop and market newer variants of disposable gloves; for instance, Dynarex Corporation launched ?black nitrile exam gloves’ that are non-sterile, powder free and ambidextrous and commonly used across range of industries. Companies profiled in the report are Ansell Healthcare, Hartalega Holdings Berhad, Supermax Corporation Berhad, Kossan Rubber industries ltd, Rubberex, Top Glove Corporation Berhad, AdventaBerhad, Cardinal Health, Inc., Dynarex Corporation.
The analysis helps in understanding the strategies adopted by various companies for the growth of the global disposable gloves market Comprehensive analysis of factors that drive and restrict the growth of the disposable gloves market is provided. For example, the requirement of infection prevention/control aids in future will drive market; however, allergies caused by the latex gloves is likely to be a major restraint of the market The market conditions of global disposable gloves across all geographic regionsare comprehensively analyzed. Key trends such as medical tourism, consequent stringent regulation regarding control of cross-contamination in hospitals, coupled with enhanced distribution and supply within regional markets, for example, Asia-Pacific market are expected to drive growth of the market Porter’s five forces model gives an in-depth analysis of bargaining power of buyers and suppliers, threats of new entrants and substitutes and competition amongst the key market players Prime focus of the report is to reveal opportunities-analysis within this market. Replacement potential among the different disposable glove products, for instance, nitrile gloves over vinyl gloves in healthcare industry is one of the opportunities within the disposable gloves market
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The COVID-19 pandemic in 2019 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the Disposable Gloves Market also experienced a slowdown. Statista estimates that the industry’s total worldwide revenue stood at approximately US$ 3.94 trillion in 2019. In 2014, the chemical industry generated revenues of US$ 5.4 trillion at a record high.
The degree of competition among prominent global companies has been developed by analyzing several leading Disposable Gloves Market, including market competition, market share, the most recent advancements in the industry, innovative product launches, partnerships, mergers, and acquisitions by leading companies.
MARKET SEGMENTATION The disposable gloves market is segmented based on types, forms, end-users, application and geography.
Natural rubber gloves Nitrile gloves Vinyl gloves Neoprene gloves Polyethylene gloves Others
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Medical Gloves Examination gloves Surgical Gloves Non-medical Gloves Food Service Clean Room Industrial
North America Europe Asia-Pacific Rest of World
Significant Questions tended to through this Research Report:
What are the requesting areas for driving this worldwide report?
Which are the significant central participants and contenders?
What will be the market estimate of the market?
Which are the new progressions on the lookout?
What are the Restraints, dangers, and difficulties before the market?
What are the worldwide open doors before the market?
How computerized impression assists with growing the business structure and monetary results?
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Characterize, depict and conjecture 2030, by type, application, end client and district. Give venture outside climate examination and PESTEL investigation. Give systems to organization to manage the effect of COVID-19. Give market dynamic investigation, including market driving variables, market advancement requirements.
Give market passage technique examination to new players or players who are prepared to enter the market, including market section definition, client investigation, circulation model, item informing and situating, and cost system investigation. Stay aware of global market drifts and give examination of the effect of the COVID-19 plague on significant districts of the world. Examine the market chances of partners and give market pioneers subtleties of the serious scene.
The report conveys an exhaustive investigation of the relative multitude of portions and offers data with respect to the main districts on the lookout. This report additionally states import/send out utilization, organic market Figures, cost, industry share, strategy, value, income, and gross edges.
The report presents the current plans of action and systems to carry out new changes in the plans of action to match the latest things and requests.
The report subtleties the vital monetary signs of the Market.
The report examinations the development drifts and assesses patterns specifically portions.
The report analyzes exhibitions of the market fragments opposite other market portions.
Monetary execution of the organizations shows shivery as well as overwhelming the nearby business sectors is inspected in the report.
The report decides section hindrances and answers for enter the market.
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