According to our new research study on "Disposable Gloves Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Material and Type," the market is expected to grow from US$ 8,278.81 million in 2021 to US$ 21,400.12 million by 2028; it is estimated to grow at a CAGR of 14.5% from 2021 to 2028. On the basis of volume, 399,092 million units of disposable gloves were sold in 2021, with 1,061,030 million units expected to be sold globally by 2028, growing at a CAGR of 15.0%. The report highlights the trends prevailing in the disposable gloves market and the factors driving its growth. The growing burden of healthcare-associated infections, the rising adoption of nitrile gloves for industrial use, and the increasing number of surgical procedures sources propel the demand for disposable gloves. However, the shortage of gloves hampers the market growth.
Disposable gloves are used in the healthcare industry to prevent the chances of contamination between the patients and the physicians. These gloves are made of different materials like latex, nitrile rubber, polyisoprene, polyvinyl and neoprene, and others. Surgical gloves are available in two forms powdered and powder-free. The powder used in the gloves is cornstarch powder, lycopodium powder, and talc, which are used to avoid sweating and lubricate the gloves making them easy to use. Powder-free gloves are used in sensitive surgeries and are also used by people allergic to powder. Surgical gloves are available in various sizes, thus offering precision in surgeries. Surgical gloves are of higher standards and highly sterile, as per the application and end use.
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Based on material, the disposable gloves market is segmented into natural rubber, nitrile, neoprene, polyethylene, and others. The nitrile segment held the largest market share in 2021 in terms of both revenue and volume and is expected to retain its dominance during the forecast period. Derived primarily from Acrylonitrile Butadiene Copolymer (NBR), nitrile gloves have rapidly replaced natural rubber gloves due to their similar properties to natural rubber along with other additional properties which can be manipulated such as anti-allergic nature, comfort in wearing, better strength and durability.
Leading companies operating in the disposable gloves market have undertaken various organic growth strategies. The disposable gloves market is majorly comminated by B Braun Melsungen AG; RUBBEREX; Sempermed; Cardinal Health, Inc.; Kossan Rubber Industries Bhd; Supermax Corporation Berhad; Hartalega Holdings Berhad; Top Glove Corporation Bhd; Ansell Ltd.; and Molnlycke Health Care AB, amongst others. The companies have been implementing various strategies that have helped their growth and, in turn, brought about several breakthroughs and transitions in the industry. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreover, the market players have also deployed several utilized inorganic strategies, including mergers acquisitions, partnerships, and collaborations.
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