People today are more aware and demanding on the hygiene front than they were ever before. And, this concern does not start and end at healthcare anymore, which was the largest consumer of hygiene and sanitation product in the last couple of decades. The residential sector and the beauty industry are also contributing to an increase in demand for such product such as disposable gloves market.
Thus, it is obvious why the market is set to chart a positive growth trajectory over the period 2018 to 2026. As per a research study carried out by Transparency Market Research (TMR), the market will chart a steady 6.3% CAGR over the forecast period. And, as per TMR analysts, use in dentistry, healthcare and chemicals industry will drive the market onto a higher growth curve.
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The cost-effectiveness of disposable gloves supports the growth, driving demand for the same in more areas than healthcare. For instance, people handling food and medicines, and patients and clients in the beauty industry need to maintain certain standards to prevent contamination and infections from spreading. And, this brings disposable gloves in major focus.
It is also worthy to add here the role households play. As handling corrosive cleaning chemicals in kitchens, bathrooms, etc. are getting common, need for disposable gloves rises. Additionally, even while using mid chemicals like hair color, it is advised to use disposable gloves.
In agriculture, using pesticides, fuel oil, chemicals, all require disposable gloves for safety purposes.
North America to Hold a Dominant Share of the Global Disposable Gloves Market Growth:
By volume North America will chart a hefty CAGR of 39.2% in the global disposable gloves market, as per TMR report findings. This impressive growth will owe to outbreaks of virus such as SARS and H1NI over the last couple of years. These outbreaks have driven awareness. Besides, governments have entered the picture to promote the highest standards of healthcare hygiene. The region also has a well-established healthcare infrastructure, which is conducive to the growth in demand for disposable gloves.
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Also, it is pertinent to point out that health entities like OSHA ensure high standards are maintained at places of work. Infections caused by poor handlinf food are also leading to a higher demand for disposable gloves.
The Global Disposable Gloves Market – Fragmented Landscape, High Competition
Prominent players marking the global disposable gloves market are Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Rubberex Corp. M Bhd, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, Dynarex Corporation, Cardinal Health, Inc., B. Braun Melsungen AG and Ansell Limited. Other players operating in the value chain are Unigloves (UK) Limited, and Smart Glove Corporation Sdn Bhd, among others.
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