Rubber Gloves Market Growth

The rubber gloves market has seen significant growth over the years, especially due to increased awareness of hygiene and safety in various industries.

WILMINGTON, DELAWARE, UNITED STATES, November 23, 2023 /EINPresswire.com/ -- The rubber gloves market has seen significant growth over the years, especially due to increased awareness of hygiene and safety in various industries like healthcare, food processing, automotive, and others. Factors such as the ongoing COVID-19 pandemic, stringent regulations regarding worker safety, and the emphasis on infection prevention have further driven the demand for rubber gloves.

According to the report, the global rubber gloves industry was estimated at $34.0 billion in 2020, and is anticipated to hit $122.5 billion by 2030, registering a CAGR of 12.2% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 https://www.alliedmarketresearch.com/request-sample/12212

𝐊𝐞𝐲 𝐚𝐬𝐩𝐞𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐒𝐞𝐜𝐭𝐨𝐫: Hospitals, clinics, and other healthcare settings are major consumers of rubber gloves due to their critical role in infection control and preventing the spread of diseases.

𝐅𝐨𝐨𝐝 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: The food industry also heavily relies on rubber gloves for maintaining hygiene standards during food handling and processing.

Rise in demand for medical and healthcare applications and increase in demand from chemical, oil & gas and petrochemical industries fuel the growth of the global rubber gloves market. On the other hand, latex sensitivity and low tactile sensitivity of nitrile gloves impede the market growth to some extent. However, surge in awareness towards hygiene practices present new opportunities in the industry.

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐔𝐬𝐚𝐠𝐞: Many industries, including manufacturing, automotive, and chemical, require gloves to protect workers from chemical exposure, injuries, or contamination.

𝐏𝐚𝐧𝐝𝐞𝐦𝐢𝐜 𝐈𝐦𝐩𝐚𝐜𝐭: The COVID-19 pandemic significantly boosted demand for rubber gloves as personal protective equipment (PPE) to prevent the spread of the virus.

The powder-free segment held more than two-thirds of the global rubber gloves market share in 2020, and is expected to dominate throughout the forecast period. Moreover, this segment is projected to mangiest the largest CAGR of 12.5% from 2021 to 2030. This is attributed to rise in demand for rubber gloves from hospitals and laboratories.

𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: Ongoing advancements have led to the development of gloves with enhanced durability, comfort, and specific functionalities tailored for different industries.

The disposable segment garnered the highest market share in 2020, contributing to around two-thirds of the global rubber gloves market, and is projected to lead the trail by the end of 2030. Moreover, this segment is anticipated to showcase the fastest CAGR of 12.5% from 2021 to 2030. Increase in demand for disposable gloves from sectors such as food & catering, spa & saloons, photochemistry, automotive, and healthcare drives the growth of the segment.

𝐇𝐨𝐰𝐞𝐯𝐞𝐫, 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐡𝐚𝐬 𝐚𝐥𝐬𝐨 𝐟𝐚𝐜𝐞𝐝 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐭𝐨:

𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧 𝐈𝐬𝐬𝐮𝐞𝐬: Shortages and disruptions in the supply chain, especially during the peak of the pandemic, led to challenges in meeting the soaring demand.

𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬: The disposal of single-use gloves contributes to environmental issues, prompting a shift toward biodegradable alternatives or reusable options.

North America accounted for the major share in 2020, holding nearly two-fifths of the global rubber gloves market, due to extensive demand of rubber gloves from the R&Ds activities conducted in this continent. However, the market across Asia-Pacific is expected to cite the fastest CAGR of 15.0% throughout the forecast period.

𝐏𝐫𝐢𝐜𝐞 𝐕𝐨𝐥𝐚𝐭𝐢𝐥𝐢𝐭𝐲: Fluctuations in raw material prices, especially natural rubber, impact the overall production costs and, subsequently, the pricing of gloves.

𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲-

- Hartalega Holdings Berhad Corporation

- Atlantic Safety Products Inc.

- Kimberly Clark Company

- Kossan Rubber Industries Bhd

- Mapa Professional

- Ansell Ltd.

- Supermax Corporation Berhad

- Top Glove Corporation Bhd

- Schield Scientific

- Unigloves (UK) Limited

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/rubber-gloves-market/purchase-options

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

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 enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Allied Market Research
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.