Report Code: A06497 | Pages: 92 | Jun 2020 | 4847 Views | ||
Author(s) : Snehal M , Eswara P | Tables: 30 | Charts: 18 |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the India Disposable Latex Gloves Market
Request Now !The India disposable latex gloves market was valued at $181.2 million in 2019, and is projected to reach $282.8 million by 2027, growing at a CAGR of 5.8% from 2020 to 2027.
Latex is a natural material which is extracted from flowering plants. This can also be made artificially by polymerizing a monomer like a styrene, which is emulsified by surfactants. It is used for the production of latex gloves for surgical and physical inspection. Latex gloves are commonly used in healthcare practices and among medical professionals it is a common option. Latex gloves are biodegradable and give high tactile sensitivity and high elasticity.
With increase in hygiene practices in the healthcare sector, the disposable latex gloves market is expected to experience significant growth during the forecast period. The rise in cases of infectious diseases and increase in number of surgeries are the key factors that drive the growth of this market. Furthermore, risks associated with disease transmission and blood-borne infections are expected to increase the demand for latex gloves at medical and healthcare facilities. The surgical use includes dental, veterinary, EMS, and cosmetic usage. This segment has witnessed a significant shift in focus toward increased awareness of consumer health, environmental sustainability, and enhanced physician protection, which is expected to provide lucrative opportunities for the market growth.
The India disposable latex gloves market is segmented on the basis of product type, distribution channel, and application. By product type, the market is classified into sterile and non-sterile. On the basis of distribution channel, it is categorized into online and off-line (wholesale and retail). According to application, it is divided into surgical, medical, and others.
The manufacturers studied and profiled in the India disposable latex gloves market are Amkay Products Pvt. Ltd., Asma Rubber Products Pvt. Ltd., B. Braun Holding GmbH & Co. KG, GPC Medical Ltd., Kanam Latex Industries Pvt. Ltd., Lars Medicare Pvt. Ltd., Lenora Gloves Pvt. Ltd., MRK Healthcare Pvt. Ltd., RFB Latex Ltd, and Sara Healthcare.
By product type, the sterile segment was dominant, which accounted for one-third share of the disposable latex gloves market in 2019, and is expected to retain its dominance throughout the forecast period. Rise in demand and drug development in the pharmaceutical industry is expected to potentially raise the demand for sterile disposable industrial gloves.
By distribution channel, the off-line segment accounted for the maximum share in the India market in 2019. In off-line business customers can purchase disposable gloves in bulk, entire seller, dealer, and distributors directly from the manufacturers.
By application, medical segment held a significant share in the India disposable latex gloves market in 2019. The main factors driving the medical gloves market include growth in awareness regarding the health and safety measures that need to be used to stop disease spread.
Key Benefits For Stakeholders
India Disposable Latex Gloves Market Report Highlights
Aspects | Details |
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By Product Type |
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By Distribution Channel |
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By Application |
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Key Market Players | LENORA GLOVES PVT. LTD., SARA HEALTHCARE, AMKAY PRODUCTS PVT. LTD., LARS MEDICARE PVT. LTD., BRAUN HOLDING GmbH & CO. KG, MRK HEALTHCARE PVT. LTD., RFB LATEX LTD, GPC MEDICAL LTD., KANAM LATEX INDUSTRIES PVT. LTD., ASMA RUBBER PRODUCTS PVT. LTD. |
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The India disposable latex gloves market has witnessed significant growth in the recent years, owing to surge in usage of disposable latex gloves in applications such as surgical, medical, and other applications.Â
The consumption of latex gloves is highest due to increase in demand for gloves from healthcare and food processing industries. Several medical practitioners depend on the durability of disposable gloves, especially when they are exposed to bloodborne pathogens and various other pollutants. Equally, the waterproof latex gloves are extremely puncture resistant, offering excellent longevity and protection against barriers. The aforementioned benefits of disposable latex gloves will therefore enhance the future market growth.
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A. Latex gloves have been used in various industries including pharmaceutical, healthcare, food, biotechnology, automotive, and others are expected to drive the growth of the India disposable latex gloves market.
A. The India disposable latex gloves market anticipated to grow at CAGR of 5.8% during the forecast period.
A. Some of the key trend observed in the India disposable latex gloves market is increasing medical and industrial industry to dominate the market.
A. B. Braun Holding GmbH & Co. KG, GPC Medical Ltd., Kanam Latex Industries Pvt. Ltd., Lars Medicare Pvt. Ltd., Lenora Gloves Pvt. Ltd., MRK Healthcare Pvt. Ltd., RFB Latex Ltd are the leading players in India disposable latex gloves market.
A. New product launches, business expansions, and acquisition are the major growth strategies adopted by the players in this market.
A. The market players are adopting various growth strategies and also investing in R&D extensively to develop unique products which are expected to drive the market size.
A. Medical industry is the largest segment in the India disposable latex gloves market.
A. Major customer of the disposable latex gloves are from surgical, medical and industrial sectors are the key potential consumers in the India disposable latex gloves market.
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