Disposable Gloves Market Seeing Through Their Eyes: Ethnography and the Study of Consumer Behavior

The global disposable gloves market was valued at $6,858.07 million in 2019, and is expected to reach $18,885.88 million by 2027 at a CAGR of 13.1% during the forecast period. The major factors that drive growth of the disposable gloves market is rise in concern related to safety and hygiene, coupled with novel manufacturing technologies for making gloves temperature-resistant, rupture- resistant, and control latex-associated infections. However, highly competitive pricing offered by local manufacturers hampers the market growth. Moreover, developing and untapped economies are expected to create lucrative opportunities for disposable glove manufacturers in the future. The global disposable gloves product market is segmented on the basis of form, type, application, and region. On the basis of form, the market is bifurcated into powdered and non-powdered form. On the basis of type, it is divided into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene, polyethylene, and others. On the basis of application, it is segmented into medical and non-medical applications.

Disposable gloves are primarily used in healthcare and food industries, as a protection measure to avoid cross infection between caregivers and patients. Over a period a time, various variants of disposable gloves have been developed such as natural rubber, nitrile, vinyl, and neoprene. Each variants render a unique benefit over conventional gloves; which, in turn, increases its applications in various industries such as food services, clean room, and industrial applications. For instance, nitrile gloves are more puncture-resistant, frictionless, and offer longer shelf life than latex gloves.

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It also discusses the segmentation analysis based on product type and application that is presented in the report. The major studies, market growth rate, competitive environment, market drivers, trends, concerns, and macroscopic indicators, are all summarized. The report studies the SWOT analysis of each player profiled in this section, their products, production, value, capacity, and other crucial criteria.

Further, the medical segment is further divided into examination and surgical gloves. By non-medical application, the market is sub segmented into food service, clean room, and industrial applications. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The healthcare sector is vital to both national economies and people all across the world. One of the industries with the fastest growth rates is this one. There is a correlation between income levels and healthcare spending across nations because healthcare spending accounts for more than 10% of the GDP of the majority of developed countries. According to the Centers for Medicare and Medicaid Services, US healthcare spending increased by 4.6% in 2019 to reach US$ 3.8 trillion, or US$ 11,582 per person and represented 17.7% of GDP. Additionally, households paid for 28.4% of all health expenditures, followed by the federal government for 29.0%. 16.1% of all healthcare costs were paid for by state and municipal governments, while 7.5% came from other private sources.

Due to advancements spurred by AI/ML, the impact of digital health technology will grow. Data from the Department for Promotion of Industry and Internal Trade show that FDI in the medicines and medication sector totaled US$19.12 billion (DPIIT).

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KEY BENEFITS FOR STAKEHOLDERS– The study provides an in-depth analysis of the global disposable gloves market along with the current trends and future estimations to elucidate the imminent investment pockets.– Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.– Comprehensive quantitative analysis of the industry from 2019 to 2027 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.– Extensive analysis of the key segments of the industry helps in understanding the forms and types of gloves used across the globe.– Key market players and their strategies have been analyzed to understand the competitive outlook of the market.

LIST OF KEY PLAYERS PROFILED IN THE REPORT– Top Glove Corporation Bhd– Semperit Ag Holding– Supermax Corporation Berhad– Kossan Rubber Industries Bhd– Rubberex Corporation (M) Berhad– Ansell Limited– Cardinal Health, Inc– Adventa Berhad (Sun Healthcare)– Hartalega Holdings Berhad– Dynarex Corporation

KEY MARKET SEGMENTS

By type– Natural Rubber Gloveso S sizeo M sizeo L size– Nitrile Gloveso S sizeo M sizeo L size– Vinyl Gloveso S sizeo M sizeo L size

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By Application– Medicalo Examinationo Surgical– Non-medicalo Food Serviceo Clean Roomo Industrial

By Form– Powdered– Non-powdered

By Region

North America– U.S.– Canada– MexicoEurope– Germany– UK– France– Italy– Spain– Rest of EuropeAsia-Pacific– Japan– China– India– Australia– South Korea– Rest of Asia-PacificLAMEA– Middle East– Latin America– Africa

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