Steady growth witnessed by sub-segments such as non-powdered gloves, nitrile gloves, and non-medical would fuel the Market Growth of Disposable Gloves.
Portland, OR -- (SBWIRE) -- 05/29/2018 -- Disposable gloves market growth is attributed to rising concern for safety and hygiene, growing industrialization coupled with advanced manufacturing technologies. Market players have successfully developed gloves with different properties such as higher resistance against chemicals, greater anti-tear properties and gloves with limited thickness thereby not affecting the donning and doffing process, which is anticipated to create huge opportunities for the growth of disposable gloves industry.
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Rising cases of pandemics is driving the market growth.
In 2009, the outbreak of Swine Flu increased the disposable gloves consumption to 2 billion. Non-powdered gloves would register a CAGR of 12.6% due to enhanced rip and tear resistance, low cost, easy availability and high tactile sensitivity. Further, it is chemical, contamination, allergies & puncture resistance.
Due to chemical resistance and dexterity, vinyl gloves are best alternative to latex or conventional gloves. In terms of value, the disposable vinyl gloves occupied second highest share of 28% in the year 2013. Polyethylene disposable gloves would grow fastest with a CAGR of 10.2%. In terms of end users, non-medical disposable gloves market would grow the fastest; however, medical gloves market would hold the largest market share of 59.6%.
In terms of revenue generation, powdered disposable gloves accounted for major share of the global disposable gloves market in 2016, and is projected to maintain this trend throughout the forecast period growing at a CAGR of 4.9%.
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Natural rubber gloves are the most popular and conventional glove solution and it is projected to grow at a CAGR of 7.2%. Non-powdered disposable gloves segment is expected to continue its dominant revenue share in the global market, due to benefits such as lower risk of side effects. Non-powdered gloves are anticipated to experience higher adoption rate, growing at a CAGR of 11.7% during the forecast period.
Key companies profiled in the report are:
Ansell Healthcare
Hartalega Holdings Berhad
Supermax Corporation Berhad
Kossan Rubber industries ltd
Rubberex
Top Glove Corporation Berhad
Adventa Berhad
Cardinal Health, Inc.
Dynarex Corporation.