2021-2026 Global Rubber Glove Market Outlook and Forecast Report

2021-12-15 00:31:55 By : Mr. Joke Li

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Dublin, December 30, 2020/PRNewswire/-"Rubber Glove Market-Global Outlook and Forecast for 2021-2026" report has been added to ResearchAndMarkets.com's products.

This global rubber glove market report contains in-depth analysis and data-driven insights on the impact of COVID-19. In terms of revenue, the compound annual growth rate of the rubber glove market during 2021-2026 is expected to exceed 13%. In terms of revenue, the global rubber glove market is expected to grow 2.1 times during the forecast period. The market competition is fierce, and there is a lot of room for income opportunities and market expansion. As new entrants enter into cooperation and strategic risk market expansion activities, there is a lot of room for market growth. Government agencies are also concerned about public safety and are implementing reforms to healthcare and industrial standards, including maximizing the use of gloves in the workplace. Ethics and company procedures have further become the driving factors for the use of gloves. After the COVID-19 pandemic, the development momentum of safety gloves is expected to surge, which may force the demand for new innovations and developments. In this case, due to the sudden boom, the shortage of supply may be more certain. Global Rubber Gloves Market Segmentation This research report includes a detailed breakdown by type, end user, category, form, distribution, and geographic division. Despite losing share in the nitrile field, the natural rubber glove field will account for more than 40% of total sales in 2020. North America is expected to continue to dominate during the forecast period, with incremental growth expected to exceed 37 billion units. Countries in the Asia-Pacific region have good rubber production and may maintain the market supply of natural rubber gloves. However, the price fluctuations of raw materials and the increase in latex allergies are the main challenges that are expected to favor the use of synthetic materials and other alternatives. The powder-free segment will dominate the market with a revenue share of 83% in 2020, and North America sales are expected to reach 218 billion units by 2026. However, in terms of revenue, the Asia-Pacific region is likely to grow at the fastest rate during the forecast period. The price of powder-free gloves is higher than that of powdered gloves because they undergo an additional chlorination process to remove starch substances. Powder-free is also very popular in clean room technology. They also have a lower probability of allergies, thereby increasing productivity and ensuring the growth of this market segment. Disposable gloves are the foundation of healthcare facilities; however, the toughness and durability of reusable gloves are increasing their application in industrial activities. The impact of COVID-19 has greatly accelerated the global production of disposable gloves. The rise of industrial activity, investment, foreign direct investment, and government initiatives is expected to support the growth of the reusable materials sector during 2020-2026. Highly concentrated investments in healthcare facilities and clean rooms in North America and Europe have contributed to growth. The food service industry is increasingly using disposable gloves to improve safety and hygiene. The medical sector will have the largest revenue in 2020 and is expected to exceed 24 billion U.S. dollars by 2026. With the increase in the number of surgeries and cosmetic procedures, surgical gloves are expected to generate more than 54 billion incremental sales during the forecast period. The Asia-Pacific region may be the fastest-growing market in the surgical field, and in terms of revenue, its compound annual growth rate is expected to exceed 16%. The rise of medical tourism in countries such as Malaysia, Thailand, India and Singapore has greatly boosted the demand for surgical supplies. In addition, the aging of the population, chronic diseases and the expansion of healthcare facilities are other factors driving the demand for medical gloves. Distribution is the most critical aspect in the use of rubber gloves. Their increasing applications make them medical products that can be bought in traditional stores such as hypermarkets and online stores. Pharmacies and pharmacies are also important distribution methods. They have also become an important sales medium in cooperation with B2B in clinics, hospitals and nursing homes. Therefore, establishing relationships with chain pharmacies in first- and second-tier cities with high passenger flow can promote subsequent market penetration. Geographical insights North America is a major consumer of rubber gloves, and the United States dominates and leads the market. The 2020 COVID-19 pandemic has further made the country aware of the potential of stocking medical supplies to deal with similar situations in the coming years. The region has some of the strictest security measures, driving demand from multiple industries and sectors. Due to the rise of domestic suppliers and favorable profitable relationships with Malaysian and European suppliers, the surge in demand may force the region to maintain its market leadership during the forecast period. As the market prepares for growth and opportunities, the number of participants operating in the market may surge, which may also witness the rise of domestic participants through international brand mergers and acquisitions. In addition, because the North American market is always open to the release of new products, innovations in synthetic rubber categories such as neoprene, polyisoprene, and TPE may stand out from the competition. Key questions to answer 1. What is the size and growth rate of the rubber glove market during the forecast period? 2. What are the factors affecting the growth of rubber gloves market share? 3. What is the growth of the Asia Pacific rubber glove market share during the forecast period? 4. Who is the leading supplier in the rubber glove market? Key topics covered: 1 Research methodology 2 Research objectives 3 Research process 4 Scope and coverage 4.1 Market definition 4.2 Base year 4.3 Research scope 5 Report assumptions and considerations 5.1 Key considerations 5.2 Currency conversion 5.3 Market derivatives 6 Market overview 7 Introduction 7.1 Overview 7.2 Covid-19 Impact 8 Market Opportunities and Trends 8.1 Epidemic 8.2 Preference for Nitrile Gloves 8.3 Cleanroom Technology Growth 9 Market Growth Drivers 9.1 Concerns about Personal Hygiene 9.2 Growing Medical and Surgical Applications 9.3 Rising 4 The rise of medical tourism applications 9. Reusable gloves 10 Market restrictions 10.1 Harmful side effects of latex 10.2 Increased environmental impact 10.3 Strict manufacturing regulations 11 Market landscape 11.1 Market overview 11.2 Market size and forecast 11.3 Five forces analysis 12 Type 12.1 Market snapshot and Growth Engine 12.1 Market Snapshot and Growth Engine Growth Engine (Unit Shipment) 12.3 Market Overview 12.4 Natu ral 13 Synthesis 13.1 Market Snapshot and Growth Engine (Revenue) 13.2 Market Snapshot and Growth Engine (Unit Shipment) 13.3 Nitrile Rubber 13.4 Neoprene 13.5 PVC 13.6 Butyl 13.7 Other 14 Table 14.1 Market snapshot and growth engine (revenue) (unit shipments) unit shipment) 14.3 Market overview 14.4 With powder 14.5 No powder 15 Category 15.1 Market snapshot and growth engine ( Revenue) 15.2 Market Snapshot and Growth Engine (Unit Shipment) 15.3 Market Overview 15.4 One-time 15.5 Reusable 16 16 End User Growth Engine and Growth Engine 16 (Revenue) 16.2 Market Snapshot and Growth Engine (Unit Shipment) 16.3 Market overview 17 Medical 17.1 Surgery 17.2 Inspection 18 Non-medical 18.1 Food 18.2 Chemistry 19 Industry 19.1 Market overview 19.2 Pharmaceuticals 19.3 Manufacturing and construction 19.19. Automotive and commercial oil and gas 19.196 Other 20 Distribution 20.1 Market snapshot and growth engine (revenue) 20.2 Market snapshot And growth engines (unit shipments) 20.3 market overview ew 20.4 physical 20.5 online 21 geography 21.1 market snapshots and growth engines (revenue) 21.2 market snapshots and growth engines (unit shipments) 21.3 geographic overview competitive landscape highlights suppliers

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