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Global Rubber Gloves Market Outlook & Forecast 2024-2029, with Key Player Profiles for ANSELL, Hartalega Holdings, Kossan Rubber Industries, Rubberex, Supermax, Top Glove and UG Healthcare - ResearchAndMarkets.com

The "Global Rubber Gloves Market - Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The Global Rubber Gloves Market was valued at USD 46.04 billion in 2023, and is expected to reach USD 105.51 billion by 2029, rising at a CAGR of 14.82%.

The global rubber gloves market is witnessing robust growth driven by increasing demand across various industries and sectors. With a focus on hygiene, safety, and compliance with regulatory standards, manufacturers are strategically positioning themselves to capitalize on emerging opportunities, drive innovation, and maintain competitiveness. Several key players dominate the global rubber gloves market. Also, the global rubber gloves market may consolidate through mergers, acquisitions, and strategic partnerships as companies seek to enhance market presence, diversify product offerings, and achieve economies of scale in an increasingly competitive landscape.

MARKET TRENDS & DRIVERS

Growth in Cleanroom Technology

The cleanroom concept expands beyond pharmaceuticals and electronics, finding applications in food processing, cosmetics, and agriculture. This broadened scope translates to a wider consumer base for rubber gloves. Regulatory bodies, recognizing the critical role of cleanroom hygiene, implement stricter regulations regarding contamination control. This translates to increased mandatory glove use in various cleanroom settings, boosting industry demand.

Growing Preference for Nitrile Gloves

The global rubber gloves market, particularly fueled by the rising demand for nitrile gloves, stands at a pivotal juncture. Its growth offers a promising path toward a safer and healthier world. By embracing technological advances, prioritizing sustainability, and ensuring equitable access, the nitrile glove revolution can secure market dominance and become a symbol of global commitment to well-being and resilience in the face of evolving threats.

Growing Demand for Sustainable & Biodegradable Gloves

The growing demand for sustainable and biodegradable gloves signifies a paradigm shift in the global glove market. With continued research, technological advances, and collaborative efforts, biodegradable gloves can pave the way for a greener future, ensuring human health and environmental well-being. By embracing this transformation, we can leave a lighter footprint on our planet while safeguarding the health and safety of individuals across diverse sectors.

Rising Number of Infectious Diseases & HAIs

The rising incidence of infectious diseases and HAIs has undoubtedly fueled the global rubber gloves market. However, the impact of this growth should go beyond financial success. The rubber glove market can become a powerful force in securing a healthier future by harnessing technological advances, promoting responsible manufacturing practices, and ensuring equitable access. The global rubber gloves market has boomed, driven by the urgent need to combat the rising tide of infectious diseases and HAIs.

Growing Medical and Surgical Applications

The rising number of surgical procedures and patient examinations fuels the global rubber gloves market. However, the impact of this growth should extend beyond mere profitability. By embracing sustainable solutions, promoting responsible manufacturing, and ensuring equitable access, the rubber gloves industry can become a cornerstone of global health, protecting healthcare workers and patients and promising a healthier future.

High Acceptance of Rubber Gloves in Non-medical Applications

The emergence of new customer segments beyond healthcare professionals broadens the market reach and fosters diversification. Manufacturers can tailor their offerings to cater to the specific needs of several industries and personal users. The growing demand for specialized gloves drives innovation in materials, design, and functionality. Manufacturers develop gloves with enhanced dexterity, cut resistance, and even touchscreen compatibility, creating new product niches and catering to evolving user preferences.

Growing Use of Powder-free Glove

The growing embrace of powder-free gloves represents a commitment to better hygiene, patient safety, and environmental responsibility. The global rubber gloves market can ensure a cleaner and healthier future by addressing challenges and capitalizing on opportunities. Manufacturers prioritizing innovation, sustainability, and ethical practices will stand to gain the most from this transformative shift.

SEGMENTATION INISIGHTS

INSIGHTS BY PRODUCT TYPE

The global rubber gloves market is segmented into synthetic & natural based on the product type. The synthetic segment dominated the global market share in 2023. Synthetic rubber gloves include nitrile, neoprene, PVC, butyl, and others. Nitrile gloves are a popular alternative to latex gloves. They offer similar elasticity and comfort but are more resistant to chemicals, oils, and punctures. Composed of polyvinyl chloride (PVC), vinyl gloves are less durable and offer lower protection than latex and nitrile gloves but are more cost-effective. They are commonly used in food handling, cleaning, and non-hazardous medical procedures. Neoprene gloves provide excellent chemical and thermal resistance while offering flexibility and comfort. Furthermore, natural rubber gloves are known for their excellent elasticity, comfort, and fit. Natural rubber gloves are widely used in medical and dental fields, food processing, and general cleaning due to their tactile sensitivity and dexterity. Increasing concerns over latex allergies have gradually shifted towards alternative materials in some regions.

INSIGHTS BY FORM

The global rubber gloves market by form is segmented into the powder-free and powdered. Healthcare professionals and patients are increasingly aware of the potential risks associated with powdered gloves, driving demand for safer options. Advances in material science and manufacturing processes have led to the development of more affordable and effective powder-free gloves, reducing cost barriers.

INSIGHTS BY CATEGORY

Based on the category, the global rubber gloves market is segmented into disposable and reusable. The disposable gloves segment holds a dominant market share. Disposable gloves are typically made from latex, nitrile, or vinyl. Each material has specific properties catering to different needs, such as latex for flexibility, nitrile for chemical resistance, and vinyl for cost-effectiveness. They are primarily used in healthcare, food processing, cleaning, and laboratory settings where hygiene and single-use convenience are crucial. There is a growing interest in biodegradable disposable gloves to address waste management issues. Further, reusable rubber gloves are made from durable materials such as thicker latex, nitrile, neoprene, or rubber blends to withstand repeated use. It is commonly used in industrial, domestic, and chemical handling applications where durability and protection are prioritized. Reusable rubber gloves are in high demand in the manufacturing, automotive, and chemical industries for protection against abrasions, chemicals, and heavy-duty tasks.

INSIGHTS BY DISTRIBUTION CHANNEL

The B2B/Institutional distribution channel holds the largest global rubber gloves market share in 2023. Hospitals, clinics, laboratories, and other healthcare institutions remain the core of the rubber gloves industry. B2B/Institutional channels, responsible for bulk purchases through direct contracts and distributors, account for the largest market revenue share. Factors such as stringent regulations, high demand for specific glove types, and centralized procurement decisions drive sales in this segment. Also, supermarkets, convenience stores, and even pharmacies have stocked up on gloves, catering to consumers seeking personal protection in public spaces and prioritizing hygiene at home. This segment thrives on convenience, brand recognition, and competitive pricing, attracting individual buyers and bulk purchases for household needs.

INSIGHTS BY END-USER

The global rubber gloves market is segmented into medical and non-medical settings based on the end-user. Medical settings remain the base of the rubber gloves industry. Medical settings include hospitals & clinics, laboratories, dental offices, and other healthcare facilities where hygiene and protection from contaminants are critical. Medical gloves must meet stringent sterilization standards to prevent infections and cross-contamination. There is an increasing preference for nitrile gloves in medical settings due to their higher puncture resistance and hypoallergenic properties compared to latex.

GEOGRAPHY ANALYSIS

North America held the most significant share of the global rubber gloves market, accounting for over USD 15 billion in revenue in 2023. North America is a mature market with high demand primarily driven by the healthcare sector. The region has a strong regulatory framework ensuring high hygiene and safety standards. North American consumers are increasingly conscious of environmental concerns, driving demand for eco-friendly glove options. Furthermore, Europe has a well-established market with significant demand from both the healthcare and industrial sectors. Strict regulatory requirements and high consumer awareness regarding safety and hygiene characterize the region. APAC is the fastest-growing rubber glove market during the forecast period. The region is a major producer and exporter of rubber gloves, with countries like Malaysia and Thailand leading the production. Latin America and the Middle East & Africa present nascent markets with significant potential for future growth.

Key Attributes:

Report Attribute Details
No. of Pages 671
Forecast Period 2023 - 2029
Estimated Market Value (USD) in 2023 $46.04 Billion
Forecasted Market Value (USD) by 2029 $105.51 Billion
Compound Annual Growth Rate 14.8%
Regions Covered Global

Key Company Profiles

  • ANSELL
  • Hartalega Holdings
  • Kossan Rubber Industries
  • Rubberex
  • Supermax
  • Top Glove
  • UG Healthcare

Other Prominent Vendors

  • 3M
  • A1 GLOVE
  • Adenna
  • Adventa Healthcare
  • AKZENTA INTERNATIONAL
  • Amkay Products
  • AMMEX
  • Asma Rubber Products
  • B. Braun Melsungen
  • Barber Healthcare
  • Bergamot
  • Cardinal Health
  • Comfort Rubber Glove Industries
  • Demophorius Healthcare
  • Detectamet Gmbh
  • DIDACTIC
  • Dynarex
  • ERENLER MEDIKAL
  • Franz Mensch
  • Global Gloves S.R.L
  • Glove Resources
  • Granberg AS
  • Guardian Manufacturing
  • Happy Hand Gloves
  • Hepro
  • Hicarethai
  • HUM Gmbh
  • Hycare International
  • infitec gloves
  • Innovative Gloves
  • INTCO MEDICAL TECHNOLOGY
  • KALTEK
  • KANNAM LATEX INDUSTRIES
  • Kimberly-Clark
  • Leboo Healthcare
  • MAPA PROFESSIONAL
  • MEDIBASE
  • MEDICOM
  • Medilivescare Manufacturing
  • Meditech Gloves
  • Medline
  • MedPride
  • MEDRUX
  • Mercator Medical S.A.
  • MOLNLYCKE HEALTH CARE
  • MRK Healthcare
  • Neomedic
  • O&M HALYARD
  • P.T. Arista Latindo
  • Phoenix Rubber Products
  • Piedegree Industrial
  • PIP
  • PM GLOVES
  • Polyco Healthline
  • Primus Gloves
  • Reflexx S.p.A. Unipersonale
  • RFB Latex
  • Riverstone Holdings
  • Safeshield
  • SARA HEALTHCARE
  • SAS SAFETY CORP.
  • Sempermed
  • SHIELD Scientific
  • SHOWA GROUP
  • Sorimex
  • Sri Trang Agro-Industry Public Company
  • Superior Glove
  • TAN SIN LIAN INDUSTRIES
  • TROGE MEDICAL
  • WINMED
  • Wujiang Evergreen
  • YTY
  • Zhangjiagang Dayu Rubber Products

For more information about this report visit https://www.researchandmarkets.com/r/jqhy9h

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