Disposable gloves market is expected to reach $29.80 billion

Portland, OR, June 13, 2022 (GLOBE NEWSWIRE) — According to the report released by Allied Market Research, the disposable gloves market generated $10.24 billion in 2019 and is expected to reach $29.80 billion by 2030, registering a CAGR of 4.78% from 2021 to 2030.

Rising safety and hygiene concerns, advancements in technology, growth in the number of end users and increased hygiene awareness among the food industry and healthcare service providers have driven the growth of the global disposable gloves market. However, toxic reaction to some gloves and high price competition are hampering the market. On the contrary, developing economies and untapped markets would open up new opportunities in the future.

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Market size by 2030 $29.81 billion
forecast year 2020-2030
CAGR 4.78%
base year 2020
Report key pointer Outbreak and impact of COVID-19

Impact of Covid-19 on Disposable Gloves Market:

  • The Covid-19 outbreak has had a positive impact on the market as healthcare workers involved in sample collection have been instructed to wear appropriate protective gear to avoid infection.
  • The demand for disposable gloves and personal protective equipment for healthcare professionals has increased during the pandemic.

Get Detailed Analysis of Impact of COVID-19 on Disposable Gloves Market – https://www.alliedmarketresearch.com/request-for-customization/274?reqfor=covid

The report segments the global disposable gloves market on the basis of type, shape, application, and region.

On the basis of type, the nitrile gloves segment is expected to register the highest CAGR of 5.17% during the forecast period. Additionally, the segment held the largest share in 2019, accounting for nearly two-fifths of the market. The report includes analysis of other segments including natural rubber gloves, vinyl gloves, neoprene, polyethylene and others.

Based on the applications, the non-medical segment is estimated to have the highest CAGR of 5.03% from 2021 to 2030. However, the medical segment led the market in 2019 in terms of revenue, contributing nearly three fifths of the market.

The global disposable gloves market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The North American market held the largest share in 2019, accounting for nearly two-fifths of the market. However, Asia-Pacific is estimated to register the highest CAGR of 6.35% during the forecast period.

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The Global Disposable Gloves Market report includes an in-depth analysis of major market players such as Semperit AG Holding, Top Glove Corporation Bhd, Kossan Rubber Industries Bhd, Sri Trang Agro Industry PCL (Sri Trang Gloves (Thailand) Public Company), Ansell Limited, Rubberex Corporation (M) Berhad, Adventa Berhad (Sun Healthcare), Cardinal Health Inc., Hartalega Holdings Berhad and Dynarex Corporation.

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“We have also published some syndicated market studies in the same field that you may be interested in. Below is the title of the report for your referenceconsidering the impact of Covid-19 on this market which will help you to assess the aftereffects of the pandemic on the short and long term growth trends of this market.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers its services in 11 industry verticals, including Life sciencesconsumer goods, materials and chemicals, construction and manufacturing, food and beverages, energy and electricity, semiconductors and electronics, automotive and transport, ICT and media, aerospace and defense and BFSI.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Pawan Kumar, CEO of Allied Market Research is essential to inspire and encourage everyone associated with the business to maintain high quality data and help customers in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

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