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Disposable Gloves Market size was valued at USD 11844.08 million in 2019 and is poised to grow from USD 12306 million in 2023 to USD 16712.5 million by 2031, growing at a CAGR of 3.9% in the forecast period (2024-2031).

The disposable gloves market is fragmented and highly competitive. Key industry players are focused on product developments, new product launches, and geographical expansions to gain a significant amount of market share. 'Top Glove Corporation Bhd', 'Hartalega Holdings Berhad ', 'Kossan Rubber Industries Bhd', 'Ansell Ltd.', 'Supermax Corporation Berhad', 'Cardinal Health, Inc.', 'Medline Industries, Inc.', 'Semperit AG Holding', 'Molnlycke Health Care AB', 'Kimberly-Clark Corporation', 'B. Braun Melsungen AG', 'Paul Hartmann AG', 'Dynarex Corporation', 'Cypress Medical Products LLC', 'McKesson Corporation', 'Aurelia Gloves UK Ltd.', 'Smart Glove Corporation Sdn Bhd', 'Barber Healthcare', 'GloveOn Co. Ltd.', 'TG Medical, LLC', 'In December 2022, MultiCorp International, Inc. agreed to procure high quality gloves for the healthcare sector from a leading glove manufacturer. Contract with a glove manufacturer to purchase and distribute gloves to healthcare organizations in the US and other countries looking for an effective approach to reducing the cost of disposable gloves at an affordable price.', 'In September 2021, American Nitrile established a nitrile glove manufacturing facility in Columbus, Ohio. The company is building the most advanced US manufacturing plant specifically dedicated to making nitrile gloves for healthcare, government, and industrial use to meet the growing demand for latex-free nitrile gloves for medical and non-medical use.', 'In May 2021, Honeywell and Premier Inc. formed a new business partnership with the goal of growing nitrile exam glove manufacturing in the United States. This new collaboration is expected to produce at least 750 million nitrile test gloves in the first year alone. The collaboration is expected to provide domestically manufactured exam gloves to hospitals, clinics, and other healthcare providers in the United States.'

Most work-related accidents and fatalities in all industries occur in construction. Inadequate safety measures can lead to accidents as construction workers' hands are frequently exposed to hazardous conditions. The U.S. Bureau of Labor Statistics reports that most hand injuries in the construction industry are caused by workers not wearing gloves, while about 30% of injuries are caused by improperly fitted or defective gloves. Wearing appropriate PPE, including gloves, in the workplace can reduce all risks associated with such incidents. Increasing construction and infrastructure projects in China, the United States, and India are predicted to create opportunities for market expansion globally. The construction industry is expanding into many sectors as a result of increasing demand from commercial and residential sectors. Increasing enforcement of stringent laws and industrial safety standards during construction activities is expected to increase the need for protective gloves.

Superior properties and functionality provided by Nitrile Gloves are expected to drive market expansion. A common type of synthetic rubber used for gloves is nitrile. Because nitrile, or synthetic rubber, is more flexible than vinyl, it is becoming increasingly popular as a glove material. Nitrile has been around for a while, but recently it has become more accessible. As a result, it is becoming more and more popular in medicine, food, hygiene, and other fields. A key advantage of nitrile gloves is the highest puncture resistance of any glove material. Nitrile rubber gloves are also great to wear while working because they fit snugly. This allows them to be used in medical applications in settings where exposure to chemicals, microorganisms, and bodily fluids is likely. Automotive, general industry, construction, roofing, and other sectors also use nitrile gloves. They typically wear gloves that are resistant to chemicals and water and have a tough, grippy nitrile coating.

North America dominated the market in 2021. Due to the Covid-19 pandemic, the demand for disposable gloves has increased significantly in the region. Rising healthcare expenditure, coupled with a growing geriatric population and increased awareness of healthcare-acquired diseases, is expected to fuel the market growth of this region. The reform plan includes investment in new facilities as well as infrastructure and modernization of the public health care system. These advances are expected to increase the demand for medical devices and equipment. The growing medical industry in the country is expected to increase the demand for hand protection devices including disposable and long-lasting gloves.

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Global Disposable Gloves Market

Product ID: SQMIG25K2069