Nonwoven Disposable Gloves Market– Statistics And Analysis & Forecast To 2025Posted by Mrudula Anil Karmarkar on February 16th, 2021 The global nonwoven disposable gloves market size is expected to reach USD 975 million by 2025, accelerating at a CAGR of 4.7% over the forecast period, as per a new report by Grand View Research Inc. Increasing medical spending in developing economies such as India with high demand for advanced healthcare services is anticipated to drive the expenditure in healthcare industry. Rising awareness among consumers regarding hospital-acquired infections has resulted in growing demand for nonwoven disposables. The outbreak of COVID-19 has positively impacted the PPE market as the demand for masks, respirators, protective clothing, and gloves have increased significantly. The manufacturing, aerospace, etc. sectors have supplied PPE to their employees to protect them from the sudden outbreak of the pandemic COVID-19. In addition, the manufacturers are working at 100% capacity to supply PPE across the regions owing to the increasing demand-supply gap. As a result, the demand for PPE is expected to witness growth over the forecast period. The updated report will account for COVID-19 as a key market contributor. Healthcare industry in Germany, the U.K., and Sweden is expected to register a rise in healthcare expenditure, thereby leading to growth in the production as well as in the consumption of medical devices and medical products. Europe is a major importer of medical products and manufactures premium quality, environment-friendly, and efficient nonwoven disposable products owing to their high demand in the region. In addition, increasing demand for advanced medical services and related products is expected to drive the demand for nonwoven gloves in Europe. Companies are focusing on the use of advanced technologies as well as advancements in existing technologies to manufacture optimum quality gloves for use in medical applications. Furthermore, the use of automation to manufacture standardized products of high quality is a major focus area of the companies to gain a competitive edge over other players. Asian manufacturers lead the overall market as they can offer premium quality products at lower prices. Manufacturers in North American and European regions are focusing on widening their product portfolios to sustain fierce competition in the market and strengthen their position. Nonwoven Disposable Gloves Market Report Highlights
Cotton, polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), and viscose are the raw materials used for the manufacturing of nonwoven gloves. The majority of the products are manufactured using a combination of two fibers such as cotton & PE and PET & viscose to enhance the performance of the product by reducing the risk of contamination. In the U.S., the spun lace/spunbond segment accounted for 54.2% of the total revenue share in 2018. High penetration of the technology in the manufacturing of soft nonwoven products with high strength, even surface, and excellent processability is projected to boost its overall share. Spunbonded products exhibit a high penetration rate in the U.S. owing to the early adoption of the technology and its cost-effectiveness. Occupational Safety and Health Administration (OSHA) and the National Health Service (NHS) have established regulations for the use of gloves in medical applications to prevent contamination. In the U.S., federal regulations mandate the use of Personal Protective Equipment (PPE) under the OHSA to eliminate any foreseeable risk to the health of personnel and ensure their safety at the workplace. Have a Query? Ask Our Expert: https://www.grandviewresearch.com/inquiry/6332/ibb Key players are focusing on inorganic growth to sustain fierce competition and invest in the expansion of their businesses to maintain a leading position in the market. In comparison to the European and North American manufacturers, Asian manufacturers lead the overall market as they can offer premium quality products at lower prices. North American and European companies are focusing on expanding their product portfolios by using new materials and technologies to sustain in the market. Some of the prominent players in the nonwoven disposable gloves market include:
Grand View Research has segmented the global nonwoven disposable gloves market on the basis of technology, product: Technology Outlook (Revenue, USD Million, 2014 - 2025)
Product Outlook (Revenue, USD Million, 2014 - 2025)
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information:www.grandviewresearch.com Like it? Share it! More by this author |