Disposable Gloves Market Size To Witness A Significant Growth Of USD 16.77 Billion By 2030

Posted by Neha Bora on March 22nd, 2024

The 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, 2024 - 2030

The global disposable gloves market size is anticipated to reach USD 16.77 billion by 2030, It is expected to expand at a CAGR of 8.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow significantly over the coming years on account of several factors including favorable occupational safety regulations, increasing importance of safety and security at workplaces, rising healthcare expenditure, and the outbreak of the COVID-19 pandemic.

The heightened awareness regarding the importance of hand protection in healthcare settings, food handling, and diverse industrial applications has significantly contributed to the expansion of the market. Furthermore, strict regulations and standards pertaining to safety and hygiene in sectors like healthcare, food processing, and pharmaceuticals have played a pivotal role in driving the demand for disposable gloves.

The healthcare industry in major developing economies is poised for notable growth due to various factors, including increased investments in both public and private sectors, a growing population, a rising geriatric demographic, and a substantial influx of migrants. Additionally, the surge in healthcare expenditure is expected to fuel the expansion of the healthcare sector, consequently boosting the demand for medical disposable gloves throughout the forecast period.

Ongoing innovations, combined with an unwavering focus on sustainability and environmental responsibility, are projected to mold the future trajectory of the market. As the global community continues to grapple with challenges related to health and safety, the market stands out as a critical component in ensuring public health across a spectrum of sectors.

Access Research Report of Disposable Gloves Market @ https://www.grandviewresearch.com/industry-analysis/disposable-gloves-market

Disposable Gloves Market Report Highlights

• Natural rubber disposable gloves led the market and accounted for 36.7% of the global revenue demand in 2023. Natural rubber disposable gloves offer superior performance and protection in various applications such as medical & dental, food processing & service, janitorial & sanitation, pharmaceutical, and automotive
• The demand for disposable nitrile gloves is estimated to witness significant growth owing to their increasing adoption in the chemical, medical, painting, laboratory, dentistry, and oil sectors
• The powder-free product segment accounted for 74.4% of the global revenue share in 2023 on account of the rising preference for non-powdered gloves across many industries, including chemical, medical, and food processing
• The medical & healthcare end-use segment dominated the industry in 2022. Disposable gloves are widely used across the medical industry. They help protect doctors and patients from cross-contamination and transmission of pathogens during medical examinations and surgeries.
• Asia-Pacific region has become a focal point for market expansion. The burgeoning healthcare infrastructure, coupled with a growing awareness of safety measures, has driven the adoption of disposable gloves in countries across the region.
• In June 2023, ANSELL LTD. launched its manufacturing facilities in Sri Lanka. Ansell Textiles Lanka is now the company's first location to be certified to ISO 50001:2018. This noteworthy achievement demonstrates Ansell's dedication to integrating energy-efficient practices and technologies into its manufacturing processes.

Disposable Gloves Market Report Scope

List of Key Players in the 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

Access Press Release of Disposable Gloves Market @ https://www.grandviewresearch.com/press-release/global-disposable-gloves-market