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2021
Rubber Gloves Market

Rubber Gloves Market by Type (Powdered and Powder Free), Product (Disposable and Reusable), Material (Latex, Nitrile, Vinyl, and Others), and End-user Industry (Healthcare, Food & Beverage, Automotive, Machinery, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A11847
Pages: 414
Jun 2021 | 4507 Views
Author(s) : Ashwin Ponnappan , Eswara Prasad
Tables: 226
Charts: 64
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Rubber Gloves Market Statistics - 2030

The global rubber gloves market was valued at $34.0 billion in 2020, and is anticipated to generate $122.5 billion by 2030. The market is projected to experience growth at a CAGR of 12.2% from 2021 to 2030.

Supporting regulations owing to outbreak of pandemic has driven the growth of rubber gloves used in the medical field and house hold purposes exponentially.

There is a steady increase in the demand for rubber gloves attributed to the rise in the usage of various gloves. The government policies regarding the industrial safety toward various industries lead to increase in the demand for the industrial gloves. The surge in health consciousness among the people after the outbreak leads to increase in the demand for disposable gloves in medical and household purposes. The technological breakthrough by innovating cut resistant gloves launched by Ansell under the product category HyFlex gloves, which are used in the industrial places provide wearer extra comfort and high dexterity.

Rubber-Gloves-Market-2021-2030

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The global rubber gloves market is segmented into type, product, material and end-user industry. B type, the market is divided into powdered and powder free. On the basis of product, the market is segmented into disposable and reusable. By material, the global rubber gloves market is bifurcated into latex, nitrile, vinyl and others. By end-user industry, the market is segmented into healthcare, food and beverage, automotive, machinery, and others. Region wise, the market is divided into North America, Europe, Asia-Pacific and LAMEA. 

The major key players profiled in the report includes Ansell Ltd., Hartalega Holdings Berhad Corporation, Kimberly Clark Company, Kossan Rubber Industries Bhd, Top Glove Corporation Bhd, Supermax Corporation Berhad, Schield Scientific, Atlantic Safety Products Inc., Unigloves (UK) Limited and Mapa Professional hold significant share of the market.

Rubber gloves Market, by Type

By type, the powder free segment dominated the market share in 2020 and the same is projected to grow at higher CAGR. This can be attributed to rise in demand for rubber gloves from hospital & medical services, hygiene products, mechanical products, and laboratories. 

Rubber Gloves Market
By Type

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Powder Free is projected as the most lucrative segment.

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Rubber gloves Market, by Product

By product, the disposable rubber gloves segment dominated the market in 2020. The same is projected to grow at higher pace during the forecast period attributed to the rise in demand of disposable gloves in food & catering, spa & saloons, photochemistry, automotive and healthcare sector. Moreover, they are biodegradable, super-elastic, comfortable, tactile sensitivity, and also safe for extended use. 

Rubber Gloves Market
By Product

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Disposable are projected as the most lucrative segment.

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Rubber gloves Market, by Material

By material, latex rubber gloves dominated the market for 2020. This was owed to the high demand of latex rubber gloves in several industries such as of medical, dental, child care & senior care gloves, food services, sanitation, automotive, oil & gas and manufacturing industries. However, nitrile rubber gloves are expected to grow at a higher CAGR during the forecast period as they are completely water-proof, highly chemical resistant, non-toxic, and completely disposable after use.

Rubber Gloves Market
By Material

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Nitrile are projected as the most lucrative segment.

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Rubber gloves Market, by End-user Industry

By end-user industry, the healthcare industry segment dominated the market share for 2020. it is further projected to grow at a faster pace during the forecast period. As these gloves are the single substitute for protection of hand in surgery, maximum surgeons prefer these gloves due to their extreme durability & extreme resistant to biochemicals and great for use in unsanitary situations.

Rubber Gloves Market
By End-User Industry

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Healthcare are projected as the most lucrative segment.

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Rubber gloves Market, by region

By region, North America dominated the market share for 2020. This was attributed to North America being the largest continent in healthcare and pharmaceutical research & developments thus leading to extensive demand of rubber gloves from R&Ds activities. However, Asia-Pacific is expected to grow at higher CAGR during the forecast period owing to High population and high pace in chemical and pharmaceutical industries increased the demand of rubber gloves. 

Rubber Gloves Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific is projected as the most lucrative market.

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COVID-19 Impact Analysis 

  •  The coronavirus's unfavorable global effects are already evident and have impacted the demand for rubber gloves in 2020. 
  • The World Health Organization has declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease has spread to over 100 nations and has resulted in massive deaths all across the world. Exports & imports, global manufacturing, tourism, and financial sectors have all been heavily damaged.
  • The coronavirus (COVID-19) pandemic situation has declined the sales of industrial gloves. Various industrial manufacturing companies across the globe have halted their production activities due to disrupted supply of components and equipment amid lockdown, which hampered the demand for industrial gloves during the pandemic. 
  • In addition, the rubber glove manufacturers have halted their operation due to disrupted supply of raw materials for the production due to lockdown. The outbreak of pandemic has driven the growth of rubber gloves used in the medical field and house hold purposes. This increase in demand led to increase in the price of raw materials according to the Malaysian Rubber Board. 
  • The government of various countries also heavily invested in the production of disposable medical gloves to control the spreading of the pandemic virus. During the COVID-19 outbreak, various companies and government have issued various advertisements and policies to make people conscious regarding the health and safety brought by various gloves. 
  • The demand for the disposable gloves in medical and household is expected to increase in the future due to rise in consciousness regarding health among the consumers. Industrial gloves has shown decline in the demand in 2020, but the demand for industrial gloves is anticipated to surge eventually as the industries start to operate normally. 

Key Benefits For Stakeholders

  •  The report provides an in-depth analysis and the rubber gloves market forecast along with the current and future market trends.
  •  This report highlights the key drivers, opportunities, and restraints of the Rubber gloves market along with the impact analyses during the forecast period.
  •  Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the rubber gloves industry for strategy building.
  •  A comprehensive analysis of the factors that drive and restrain the market growth is provided.
  •  The qualitative data in this report aims on the rubber gloves market trends, dynamics, and developments.
  •  The rubber gloves market size is provided in terms of revenue.

Key Market Segments

By Type

  •  Powdered 
  •  Powder Free

By Product

  •  Disposable
  •  Reusable

By Material

  •  Latex
  •  nitrile
  •  Vinyl
  •  Others

By End-user Industry

  •  Healthcare
  •  Food and Beverage
  •  Automotive
  •  Machinery
  •  Others

By Region

  •  North America
    •  U.S.
    •  Canada
    •  Mexico
  •  Europe
    •  Germany
    •  France
    •  UK
    •  Italy
    •  Spain
    •  Rest of Europe
  •  Asia-Pacific 
    •  China
    •  Japan
    •  India
    •  Australia
    •  South Korea
    •  Rest of Asia-Pacific 
  •  LAMEA
    •  Brazil
    •  South Africa
    •  Saudi Arabia
    •  Rest of LAMEA 

Key Players

  •  Ansell Ltd.
  •  Hartalega Holdings Berhad Corporation
  •  Kimberly Clark Company
  •  Kossan Rubber Industries Bhd
  •  Top Glove Corporation Bhd
  •  Supermax Corporation Berhad
  •  Schield Scientific
  •  Atlantic Safety Products Inc.
  •  Unigloves (UK) Limited
  •  Mapa Professional
 

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According to the perspective of the CXOs of leading companies, the global rubber gloves market is heading toward an expansion phase. This is mainly attributed to safety rules and regulations at workplaces, increase in demand for superior performance and comfort and surge in number of healthcare and food processing industries. North America has the presence of a lot of end-use industries. The government of this region has stringent regulations regarding the safety of labor and working individuals. If any irregularities are found then the employer is charged with heavy penalties. These kinds of stringent regulations laid down by the governments of the developed countries such as the U.S., Canada, Germany, and France are anticipated to drive the growth of the rubber gloves market across the globe. In addition, workers also make sure that they use the gloves in all work-related operations and demand better performance and comfort. These gloves are cut resistant, have long working life and offer a firm grip.

These factors are anticipated to surge the demand for industrial gloves across these developed regions. Furthermore, there is an increase in the demand for disposable gloves from the healthcare sector owing to seasonal factors such as prevalence of viral outbreaks and infectious diseases. Rise in awareness regarding health and safety measures associated with patient treatment and emergency response incidents has played a key role in driving the demand for disposable gloves in the healthcare industry. In addition, risks associated with the on-the-job transmission of germs and blood borne pathogens are expected to increase the demand for disposable gloves in the medical and healthcare facilities. Increase in awareness toward disease prevention and consumer well-being in the healthcare sector is expected to drive the growth of the market during the forecast period.

 

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FREQUENTLY ASKED QUESTIONS?

A. High demand for gloves during the pandemic outbreak is the key driving factor for Rubber Gloves Market.

A. The market share of rubber gloves for 2020 is $34.0 billion.

A. Key trends for the market are increased demand from healthcare, food & beverage, personal care industry.

A. Asia-Pacific will provide more business opportunities for Rubber Gloves market in future.

A. The key growth strategies of rubber gloves market players is new product launch and business expansion.

A. The leading players in the market are includes Ansell Ltd., Hartalega Holdings Berhad Corporation, Kimberly Clark Company, Kossan Rubber Industries Bhd, Top Glove Corporation Bhd, Supermax Corporation Berhad, Schield Scientific, Atlantic Safety Products Inc., Unigloves (UK) Limited and Mapa Professional.

A. Disposable segment holds the maximum share of rubber gloves market

A. the potential customers of rubber gloves industry are healthcare professional, automotive, oil & gas, food & beverage, and personal care professionals.

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