Disposable Gloves Market Analysis and Global Forecast 2023-2033

Disposable Gloves Market Overview

The Disposable Gloves Market Size is expected to reach USD 51.63 Billion by 2033. The Disposable Gloves Market industry size accounted for USD 19.74 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 12.74% from 2023 to 2033. The Disposable Gloves Market refers to the global industry involved in the production, distribution, and sale of gloves that are intended for single use. These gloves are typically made from materials such as latex, nitrile, vinyl, and polyethylene and are widely used across various sectors including healthcare, food and beverage, pharmaceuticals, automotive, and manufacturing.

The Disposable Gloves Market is characterized by continuous innovation to improve glove performance, comfort, and sustainability. The disposable gloves market is expected to grow steadily and, is driven by factors like Increasing awareness of hygiene and safety practices and Rising demand in the healthcare sector due to an aging population and growing concerns about infectious diseases.

Global Disposable Gloves Market Synopsis

COVID-19 Impact Analysis

The The COVID-19 pandemic had a significant impact on the Disposable Gloves Market. The pandemic led to an unprecedented increase in demand for disposable gloves, especially in the healthcare sector. Hospitals, clinics, and laboratories required large quantities of gloves to ensure safety and hygiene while treating COVID-19 patients. Increased awareness of personal hygiene and the importance of preventing cross-contamination drove demand for disposable gloves among the general public. The surge in demand led to shortages of raw materials like latex and nitrile, causing disruptions in the production of disposable gloves. The high demand coupled with supply chain disruptions led to significant price increases for disposable gloves. Manufacturers and distributors had to adjust their pricing to reflect the scarcity of products and rising production costs. While the initial surge in demand has tapered off, the heightened awareness of hygiene and safety is expected to sustain higher-than-pre-pandemic levels of demand for disposable gloves.

Disposable Gloves Market Dynamics

The major factors that have impacted the growth of Disposable Gloves Market are as follows:

Drivers:

Ø  Rising Awareness of Hygiene and Safety

Increased public awareness of the importance of personal hygiene, especially following the COVID-19 pandemic, drives demand for disposable gloves. Stricter occupational safety and health regulations in various industries mandate the use of personal protective equipment (PPE), including disposable gloves. Development of advanced materials such as nitrile, which offer superior puncture resistance and allergy-free alternatives to latex, stimulates market growth. Innovation in biodegradable and environmentally friendly disposable gloves addresses environmental concerns and attracts environmentally conscious consumers. Higher disposable income levels in developing countries lead to increased spending on healthcare and hygiene products, including disposable gloves.

Restraint:

• Perception of Raw Material Price Volatility

Fluctuations in the prices of natural rubber (latex) can affect production costs and pricing strategies for disposable gloves. Variability in the costs of synthetic materials like nitrile and vinyl due to changes in crude oil prices can also impact the market. While the COVID-19 pandemic boosted demand, it also caused severe supply chain disruptions, leading to shortages and increased prices. The market is highly competitive, with numerous players offering similar products, which can lead to price wars and reduced profit margins.

Opportunity:

⮚     Development of Eco-friendly and Biodegradable Gloves

Increasing environmental awareness creates a demand for biodegradable and eco-friendly disposable gloves, presenting an opportunity for innovation and differentiation in the market. Emphasizing the production of high-quality, certified disposable gloves can build brand trust and attract customers seeking reliable products. Adhering to international quality and safety standards ensures market access and acceptance, particularly in regulated industries like healthcare and food.

Disposable Gloves Market Segment Overview

By Type

Based on Type, the market is segmented based on Natural Rubber Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene, Polyethylene and Others. The natural rubber disposable gloves segment dominant the market. Gloves made of natural rubber latex are frequently used in applications that call for waterproof and chemically resistant materials. Hands are shielded from biological threats like bacteria, viruses, and bodily fluids. Natural rubber latex gloves are an excellent option for dentistry, surgical and healthcare applications, and laboratory work, among other things, because of these important characteristics.

By Form

Based on Form, the market segment has been divided into the Powdered and Non-powdered. The Non-powdered segment dominant the market. The demand for powder-free gloves is anticipated to acquire the majority share of the global disposable gloves market over the coming years. Powder free gloves do not leave any residue on hands and on the surface, which makes it a suitable choice for the consumers in a wide variety of applications.

By Application

Based on Application, the market segment has been divided into the Medical and Non-medical. The medical segment dominated the market. The COVID-19 pandemic is expected to increase demand for gloves, which are utilized by medical personnel worldwide for examination and testing, and to avoid contact with individuals who are sick. Surgical and examination gloves are two common categories of disposable gloves based on their intended use. Hence, rising applications in medical for disposable gloves positively impacts the market growth.

Global Disposable Gloves Market Regional Analysis

Based on region, the global Disposable Gloves Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Disposable Gloves Market followed by the Asia-Pacific and Europe regions.

Disposable Gloves North America Market

North America holds a dominant position in the Disposable Gloves Market. Highly developed healthcare infrastructure with stringent regulations on hygiene and safety. Significant use of disposable gloves in the healthcare, food, and industrial sectors. High awareness of infection control and occupational safety and Increased healthcare spending and strong regulatory frameworks.

Disposable Gloves Asia-Pacific Market

The Asia-Pacific region has indeed emerged as the fastest-growing market for the Disposable Gloves Market industry. Rapidly growing healthcare infrastructure and industrialization. Major manufacturing hub for disposable gloves, particularly in countries like Malaysia, Thailand, and China. Increasing healthcare expenditure and improving medical facilities and growing awareness of hygiene and safety standards.

Competitive Landscape

The global Disposable Gloves Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.

Prominent Players:

• Glove Corporation
• Supermax Corporation
• Kossan Rubber Industries
• Rubberex Corporation
• Ansell Limited
• Cardinal Health
• Sun Healthcare
• Hartalega Holdings
• Dynarex Corporation
• Semperit

Key Development

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.

Scope of the Report

Global Disposable Gloves Market, by Type

• Natural Rubber Gloves
• Nitrile Gloves
• Vinyl Gloves
• Neoprene
• Polyethylene
• Others

Global Disposable Gloves Market, by Form

• Powdered
• Non-powdered

Global Disposable Gloves Market, by Application

• Medical
• Non-medical

Global Disposable Gloves Market, by Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Benelux
  • Nordic
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Indonesia
  • Austalia
  • Malaysia
  • India
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

 

Parameters	Indicators
Market Size	2033: USD 51.63 Billion
CAGR (2023-2033)	12.74%
Base year	2022
Forecast Period	2023-2033
Historical Data	2021 (2017 to 2020 On Demand)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations	Type, Form, Application
Geographies Covered	North America, Europe, Asia-Pacific, South America, Middle East, Africa
Key Vendors	Glove Corporation, Supermax Corporation, Kossan Rubber Industries, Rubberex Corporation, Ansell Limited, Cardinal Health, Sun Healthcare, Hartalega Holdings, Dynarex Corporation and Semperit.
Key Market Opportunities	·       Development of Eco-friendly and Biodegradable Gloves ·       Focus on Quality and Certification
Key Market Drivers	·       Rising Awareness of Hygiene and Safety ·       Technological Advancements and Product Innovation

 

REPORT CONTENT BRIEF:

• High-level analysis of the current and future Disposable Gloves Market trends and opportunities
• Detailed analysis of current market drivers, restraining factors, and opportunities in the future
• Disposable Gloves Market historical market size for the year 2021, and forecast from 2023 to 2033
• Disposable Gloves Market share analysis at each product level
• Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
• Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
• To identify and understand the various factors involved in the global Disposable Gloves Market affected by the pandemic
• To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.