Rubber Gloves Market

The global Rubber Gloves market was valued at 464.93 Million USD in 2021 and will grow with a CAGR of 8.24% from 2021 to 2027, based on Research newly published report.
The prime objective of Rubber Gloves Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Rubber Gloves Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Rubber gloves, as the name implies, are gloves made of various types of rubbers, either in a combination with other materials, such as textiles, plastics, or only rubber. They cover a wide range of applications, ranging from medical gloves to utility gloves for almost any kind of work. This type of gloves can be supported, meaning they have a rubber coating under a textile or knit underlying layer, or unsupported, meaning they are made of rubber only. The most common application for rubber gloves is chemical protection while working with dangerous substances such as oils, acids or hazardous solvents. They can also be worn during dishwashing, as they can protect the skin and hands from the detergent. Rubber gloves can also be used while working in care center when treating young children or older people, specifically when dealing with fecal matter or urine. The technical barriers of rubber gloves are relatively low, and the rubber gloves market concentration degree is lower. The supply of the rubber gloves is concentrated in the China and Southeast Asia regions such as Malaysia, Indonesia and Thailand. The four countries totally produce about 95% of the total rubber gloves in 2017. Driven by the global annual consumption of medical examination and surgical gloves from the healthcare industries, as well as the greater demand of cleanroom gloves from manufacturing industries, the demand of rubber gloves is largely concentrated in the developed countries. USA, Europe and Japan are dominating the market consume, with more than 74% sales share in these three countries, although they only make up around 20% of the world total population. However, in recent years, China, India, and other developing countries are catching up, as their populations grow rapidly and expenditure on healthcare also sees an upward trend. It is thus believed that the future growth of the market will be mostly driven by the developing countries. The industry can be further classified as Natural Rubber (NR) gloves and Synthetic Rubber (SR) gloves. Latex rubber gloves were once the most popular type of rubber gloves in the market. However, they have been gradually substituted by different types of synthetic rubber gloves because people get allergic to latex rubber. In 2017, Nitrile Gloves takes more market share, with about 46.49% and 106126 Million Pieces output.

By Market Verdors:

• Top Glove
• Kossan
• Supermax
• Hartalega
• Sempermed
• YTY Group
• Tan Sin Lian
• Riverstone
• Rubbercare
• Ansell
• DPL
• Kanam Latex
• Comfort Rubber Gloves Industries
• Yuyuan
• Dayu
• Xingyu
• Haojie
• Suzhou Colour-way
• Dengsheng
• Hongyu
• Tianjiao Nanyang
• Baimei

By Types:

• Natural Rubber Gloves
• Nitrile Gloves

By Applications:

• Household
• Industrial
• Healthcare

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.

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