Pandemics a major reason for the exponential rise of Global Disposable Gloves Market

16 Oct
2014

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Allied Market Research adds a report titled “Global Disposable Gloves Market (Product type, Form, End user, Application and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020.” The report forecast the overall market to reach $7.9 billion by the end of 2020 with a CAGR of 6.2% during 2014-2020.

Steady growth witnessed by sub-segments such as non-powdered gloves, nitrile gloves, and non-medical would fuel the Market Growth of Disposable Gloves. Rising cases of pandemics is driving the market growth. In 2009, the outbreak of Swine Flu increased the disposable gloves consumption to 2 billion. Non-powdered gloves would register a CAGR of 12.6% due to enhanced rip and tear resistance, low cost, easy availability and high tactile sensitivity. Further, it is chemical, contamination, allergies & puncture resistance.

Due to chemical resistance and dexterity, vinyl gloves are best alternative to latex or conventional gloves. In terms of value, the disposable vinyl gloves occupied second highest share of 28% in the year 2013. Polyethylene disposable gloves would grow fastest with a CAGR of 10.2%. In terms of end users, non-medical disposable gloves market would grow the fastest; however, medical gloves market would hold the largest market share of 59.6%.

Regulated by HACCP- Hazard Analysis and Critical Control Points, non-medical polyethylene gloves are easily approved by FDA in U.S and are extensively utilized in dining halls, cafeterias or other similar occasions.

At present, Europe and North America are the key market regions for disposable gloves. However, with increasing medical tourism, stricter government regulations and enhancing supply network, Asia Pacific would register a healthy CAGR of 8.6% during 2014-2020 and would attain a market size of $1.7 billion by the end of 2020.

Key companies profiled in the report are:

Ansell Healthcare
Hartalega Holdings Berhad
Supermax Corporation Berhad
Kossan Rubber industries ltd
Rubberex
Top Glove Corporation Berhad
Adventa Berhad
Cardinal Health, Inc.
Dynarex Corporation.

Akhilesh Prabhugaonkar

Author's Bio- Akhilesh Prabhugaonkar holds a bachelor’s degree in Electronics Engineering from the reputed Vishwakarma Institute of Technology. He has a special interest in the fields of forensics, world history, international relations and foreign policy, sports, agriculture, astronomy, security, and oceanography. An ardent bibliophile and melophile, Akhilesh loves to write on topics of his interest and various other societal issues. This love for writing made him enter the professional world of content writing and pursue his career in this direction.

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