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Published Date: 2014-04-10Number of Pages: 113

Disposable Gloves (Natural Rubber, Vinyl, Nitrile and Others) Market for Medical and Non-Medical (Food, Cleanroom, Industrial and Other) Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019

Global Disposable Gloves Market: Snapshot

Disposable gloves find a vast set of applications across a number of industries, including automotive, healthcare and pharmaceuticals, medicine, and food and beverages. Used primarily as a tool for protecting skin from coming in contact with the materials being used, to ensure that some reactive materials or harmful chemicals do not harm the concerned person or certain materials are not contaminated, disposable gloves find extensive demand across the globe. Disposable gloves are also being increasingly used across the consumer domain for household purposes such as cleaning and dishwashing.

The healthcare industry being one of the key consumers of a variety of disposable gloves, its thriving growth across developed as well as developing economies is expected to give a significant boost to the global market for disposable gloves in the next few years. Rising applications of these products across several non-traditional end-use sectors are also expected to drive the market in the next few years. However, certain factors such as the volatile prices of raw materials and fluctuations in international currency exchange rates are expected to hinder the growth of the market to a certain extent in the near future.

Despite this, Transparency Market Research states that the market will tread along a healthy growth path over the report’s forecast period. The market is projected to exhibit a promising 6.2% CAGR from 2013 to 2019, with the market’s opportunity rising to US$7.85 bn by 2019.

Nitrile Gloves to Witness Increased Adoption

A variety of materials are used to manufacture disposable gloves, however, gloves made of natural rubber (latex) have been the dominant product variety in the global market. A number of reasons have enabled latex disposable gloves to gain the immense popularity they now enjoy, including inexpensiveness, excellent elasticity, and easy availability of its key raw material - natural rubber, throughout the globe. The segment of natural rubber or latex disposable gloves accounted for a significant 39.7% of the global market in 2012.

However, the segment is projected to lose market share over the report’s forecast period, chiefly owing to rising cases of latex allergies among users. Due to this factor, users are increasingly turning towards gloves made of nitrile. The segment of nitrile disposable gloves is expected to exhibit a promising 6.8% CAGR from 2013 to 2019, the fastest when compared with other product varieties studied in the report.

Asia Pacific to be Most Promising Regional Market

From a geographical perspective, the report covers the market for disposable gloves across regions such as North America, Asia Pacific, Europe, and Middle East and Africa. Of these, the Asia Pacific market has been observed to be one of the most promising regional markets for disposable gloves. Exhibiting an excellent 6.7% CAGR in terms of volume, Asia Pacific is also expected to remain one of the fastest growing regional markets for disposable gloves over the report’s forecast period.

North America led the global disposable gloves market in 2012, holding a massive 42.3% share in its overall valuation. The region continues to remain one of the leading consumers of disposable gloves owing to extensive usage across industries such as food processing, healthcare, and personal care. However, the market in North America is expected to witness sluggish growth over the report’s forecast period owing to factors such as volatile prices of raw materials and currency fluctuations.

Some of the leading vendors operating in the global disposable gloves market are Hartalega Holdings Berhad, Adventa Berhad, Dynarex Corporation, Kossan Rubber Industries, Ansell Healthcare, Supermax, Top Glove Corporation, and Cardinal Health Inc.

 
The global market for disposable gloves is primarily driven by the growing healthcare industry and increasing awareness of hygiene among patients as well as healthcare providers. Disposable gloves have served the medical sector effectively in terms of safety, hygiene and cost-effectiveness. However, volatile raw material prices and currency fluctuations may hamper the market growth. With rubber and nitrile latex accounting for 50 to 60% of the total cost of production, managing volatility in rubber prices is an important part of a glove maker’s business strategy. In addition, the growth potential of the healthcare industry, especially in Asia Pacific, along with the demand for nitrile gloves is expected to be an opportunity for the market in the coming years. 
 
This study analyzes, estimates, and forecasts the global disposable gloves market from the demand perspective, based on volume (million pieces) and revenue (USD million) from 2013 to 2019. The disposable gloves report also analyzes several driving and restraining factors of the market along with their impact over the forecast period. The disposable gloves study also compares key product types available in the market. 
 
The report provides a detailed view of the disposable gloves market by analyzing the key segments: product and applications. The disposable gloves report segments the market into key products such as natural rubber, nitrile, vinyl and others as well as key applications including medical and non-medical industries, which include food, cleanroom, industrial, and others. Factors such as production cost and physical characteristics such strength, glove weight and durability are expected to fuel global nitrile glove demand. In addition, the disposable gloves report segments the market based on key geographies including North America, Europe, Asia Pacific and Rest of the World. The report further provides market volume (million pieces) and revenue (USD million) for each product and application segment under every regional segment. 
 
Based on disposable gloves product segments the report analyses the attractiveness of each segment with the help of an attractiveness tool. The disposable gloves study includes a value chain for better understanding of key players in the supply chain right from the raw material manufacturers to end users. The disposable gloves study analyses the market competition and industry players using Porter’s five forces analysis.
 
The secondary research sources that are typically referred to include, company websites, annual reports, financial reports, broker reports, investor presentations, Internal and external proprietary databases, relevant patent and regulatory databases, statistical databases and market reports, news articles, press releases and webcasts among others. Secondary sources referred for disposable gloves study include Rubber Journal Asia, MARGMA, International Glove Association (IGA), The Star Online, Malaysian Rubber Board and WHO among others. Primary research represents the bulk of research efforts, supplemented by extensive secondary research.
 
The study includes an overview of the market share of key companies in the global disposable gloves market. The disposable gloves report provides company market share for key companies in the market. Company market share has been derived on the basis of production by the Original Equipment Manufacturers of disposable gloves. Key market participants profiled in the report include Ansell Healthcare, Hartalega Holdings, Supermax Corporation Berhad, Kossan Rubber Products, Rubberex and Top Glove Corporation Bhd. Profiles of key participants comprise key parameters such as company overview, financial overview, business strategy, SWOT analysis and recent developments. 
 
The report segments the global disposable gloves market as:
 
Disposable Gloves Market: Product Segment Analysis,
  • Natural rubber gloves
  • Nitrile gloves
  • Vinyl gloves
  • Others (Neoprene, polyethylene, etc)
Disposable Gloves Market: Application Segment Analysis,
  • Medical
  • Non-Medical
    • Food
    • Cleanroom
    • Industrial
    • Others
Disposable Gloves Market: Regional Segment Analysis,
  • North America
  • Europe
  • Asia Pacific 
  • Rest of the World (RoW)


 
 
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