The Global Disposable Gloves Market Size Was Valued At USD 23.03 Billion In 2021. The Market Is Projected To Grow From USD 26.82 Billion In 2022 To USD 44.64 Billion By 2030, Exhibiting A CAGR Of 7.5% During The Forecast Period.

Disposable Gloves Market Overview:

The global COVID-19 pandemic has been unprecedented and shocking, and the demand for disposable gloves has been higher than expected in all areas compared to levels before the pandemic. According to our research, the global market grew by 80.8% between 2019 and 2020.

The spread of COVID-19 has shown how important it is for public health care to have clean facilities and clean staff. Gloves, especially those used in the medical field, are an important part of keeping healthcare workers safe from diseases that can spread. Since the start of the pandemic, the demand for personal protective equipment (PPE) for health care workers has gone through the roof. Even though the negative effects of the coronavirus aren't as bad as they were at the beginning of the pandemic, the demand for healthcare PPE, such as medical gloves, is still strong. Because new, more contagious virus variations are coming out, this trend is likely to keep going. Also, governments and regulatory bodies around the world are putting in place stricter rules for industrial safety, which is opening up new growth opportunities for the disposable gloves market.

Market Dynamics:

Latest Trends:

Better in how it works and how it looks Nitrile Gloves Gave to Drive the Market

A nitrile is a type of rubber that is made in a lab. It is often used to make gloves. Nitrile, which is made of synthetic rubber, has always been known as a very durable glove material. It is more durable than vinyl, which is why it is becoming more popular. Nitrile has been around for a long time, but it has only recently become cheaper. As a result, it is becoming more popular in the medical, food, cleaning, and other fields. One of the most important things about nitrile gloves is that they can't be punctured as easily as other gloves. Nitrile rubber gloves also fit snugly and are comfortable to wear while working. Nitrile gloves are used to protect people with natural rubber allergies. Because of this, they can be used in medical settings where they might come into contact with body fluids, microorganisms, or chemicals. Nitrile gloves are also used in the construction, roofing, and carpentry industries, among others. Most of the time, they use gloves with a tough, gripping nitrile coating that is resistant to chemicals and water.

Driving Factors:

To help the market grow, we are pushing for better safety and hygiene regulations in the workplace.

The construction industry has the most injuries and deaths on the job than any other industry. As construction workers' hands are often in danger on the job site, accidents can happen if they don't take enough safety precautions. The U.S. Bureau of Labor Statistics says that most hand injuries in the construction industry are caused by workers who weren't wearing gloves. About 30% of hand injuries are caused by gloves that are too small or too worn. All of the risks that come with these kinds of accidents can be easily brought down to an acceptable level by wearing the right PPE on the job site, like gloves. Rising building and infrastructure projects in China, the U.S., and India are likely to create a chance for market growth around the world. In many places, the construction industry is growing because there is more demand from the commercial and residential sectors. As more strict laws and industrial safety standards are put in place for building work, the demand for protective gloves is likely to go up.

Restraining Factors:

Raw material sources are concentrated, which makes the market vulnerable to disruptions in the supply chain.

Most of the raw materials, like latex, that are used to make disposable gloves are made in Asian countries like China and Malaysia. Because the source of raw materials is so concentrated, any problem at the source can have a big effect on almost every stakeholder along the value chain. One of the biggest glove makers in Malaysia, Top Glove, had to stop making gloves at their 28 facilities in November 2020. Since Top Glove makes a lot of gloves, this meant that shipping would take longer and orders would take longer to come in. This affected a lot of customers. Situations like these can hurt global demand and slow the growth of the market.

Segmentation Analysis:

By Material Analysis:

The market is made up of nitrile gloves, natural rubber latex gloves, Polyvinyl Chloride (PVC) gloves, and others.

In 2021, the market was mostly made up of natural rubber latex gloves. Latex gloves are one of the most popular kinds of gloves out there. These kinds of gloves are very stretchy and can easily conform to the shape of your hand. Because of this elasticity and the strength of natural rubber latex, they don't tear or get holes. Natural rubber latex gloves are often used in situations where the material needs to be waterproof and resistant to chemicals. They keep your hands safe from things like bacteria, viruses, and even your own bodily fluids. They can also protect against chemicals that dissolve in water and everyday cleaning products like detergents and alcohols. Because of these important things, natural rubber latex gloves are a great choice for lab work, dentistry, surgery, healthcare, and more.

By Application Analysis:

By use, the market is split into industrial, food industry, healthcare and medical, and other.

The healthcare and medical segment had the largest share of the market in terms of both volume and value. When it comes to healthcare and medicine, disposable gloves are very important because they protect both the wearer and the patient from getting sick or spreading an infection. Exam gloves are still an important part of the plan to stop infections. Also, the rise in chronic diseases and the growing number of older people around the world have made more people want better healthcare facilities. Because of the growing number of older people, many developed and developing countries have built more health care facilities. This is expected to lead to growth in the market.

Regional Insights:

Southeast Asia had a big share of the market in 2021, and rising demand in the healthcare sector is likely to keep it there during the forecast period. The region's ageing population and changing demographics are likely to bring in more investment in the healthcare industry. Also, medical tourism in Thailand and Malaysia has been growing steadily. This is because their world-class medical facilities are attracting a lot of patients from other countries. One thing that is helping the market grow is the rise in demand from areas where the healthcare industry is growing.

North America is likely to grow because demand from the industrial sector is going up. Since the start of the pandemic, the U.S. manufacturing sector has been growing steadily. This trend is likely to keep going as long as manufacturing can give the U.S. its much-needed jobs. The current government is also working hard to come up with new policies that can create new jobs. Also, the trade war between the U.S. and China has sped up China's move away from the U.S. and helped domestic manufacturing grow. So, the growth of the market is likely to be driven by rising demand from the industrial sector in the area.

Due to rising demand from the food and beverage industry, the East Asia region is expected to grow at a fast rate. Demand for food and drinks is expected to grow as people get more money and their living conditions get better. During food processing, gloves are essential for keeping food clean and safe. So, the overall market is likely to be driven by rising demand from places where the food processing industry is growing.

South America, the Middle East, and Africa are all likely to grow because the food and drink industry is growing. The use of disposable gloves is likely to grow as the food processing industry in the region grows and more strict rules about food safety and hygiene are put in place. In turn, this will help the market grow and be good for it.

Scope Analysis

Recent Development:

• January 2021 – Ansell Limited completed the acquisition of the Primus brand and associated assets comprising the Primus gloves and life sciences business belonging to Sanrea Healthcare Products (“Primus”). Additionally, Ansell and Primus have entered into a long-term supply partnership. Primus is an Indian manufacturer and distributor of gloves marketed to the life sciences and professional healthcare sectors, and one of the few global producers of long cuff gloves with a strong brand recognition. The acquisition strengthens the company's position in this important Indian market and provides an opportunity to further accelerate the growth of its life sciences business.
• May 2021 - Honeywell and Premier Inc. entered into a new business partnership to increase production of nitrile exam gloves in the United States. It is estimated that in the first year alone, the new partnership will produce at least 750 million nitrile exam gloves. The partnership is expected to provide access to domestically produced examination gloves for hospitals, clinics and other healthcare professionals in the United States.

Market Segmentation

By Material:

• Natural Rubber Latex Gloves
• Nitrile Gloves
• Polyvinyl Chloride (PVC) Gloves
• Others

By Application:

• Healthcare & Medical
• Industrial
• Food Industry
• Others

By Companies:

• Top Glove Corporation Bhd (Malaysia)
• Hartalega Holdings Berhad (Malaysia)
• Kossan Rubber Industries Bhd (Malaysia)
• ANSELL LTD (Australia)
• Sempermed (Austria)
• Cardinal Health (U.S.)
• Supermax Corporation Berhad (Malaysia)
• Intco Medical (China)
• Bluesail Medical Co., Ltd. (China)
• Riverstone Holdings Limited (Malaysia)
• YTY Group (Malaysia)
• Comfort Rubber Gloves Industries Sdn Bhd (Malaysia)
• JIANGSU JAYSUN GLOVE CO., LTD (China)
• Kimberly-Clark Worldwide, Inc. (U.S.)
• Synthomer plc (U.K.)
• 3M (U.S)
• Others