Selbyville, Delaware, April 26, 2021 (GLOBE NEWSWIRE) -- Reliable sources claim that global disposable gloves market size was worth USD 9.31 billion in 2019 and is projected to grow with a CAGR of 9.2% over the next seven years to be appraised at USD 18.82 billion by the year 2027. This impressive growth is credited to sudden outburst of Covid-19 pandemic, compelling hospitals & healthcare institutes to adopt urgent care.
As per the study, worldwide disposable gloves marketplace is fragmented based on product gamut, material ambit, and end-user landscape. Information pertaining to industry share held by each segment and parameters influencing segmental growth is elucidated. Moreover, various regions are scrutinized for identifying profitable prospects, with predictions about their contribution towards overall valuation of the market. Lastly, detailed summary of the competitive landscape is provided, with details about vendors and their product portfolio, alongside business strategies undertaken by them.
According to the latest statistics, approximately 0.5 million new cases per day of coronavirus were being recorded as of March 2021. Rapid and unchecked spread of infection, in consort with rising elderly population who are more susceptible to the disease, are acting as stimulants for global disposable gloves industry.
Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/3611179/
In addition, emphasis among caregivers to ensure their own as well as patient safety, alongside escalating expenditure by governments to improve medical infrastructure are augmenting the market outlook. Citing an instance, 2021 Union Budget of India allocated USD 268,635 as healthcare spending, which is a raise of 127%.
However, the only challenge that the worldwide disposable gloves market face is high manufacturing cost of the product.
Enlisting market segmentations:
Various glove types available in the market are powdered, and powder-free. As per material used, the industry is classified into polypropylene, neoprene, vinyl, nitrile, and others. Whereas, different end-user contributing to global disposable gloves industry valuation are non-medical, and medical & healthcare.
Regional outlook:
Expert verbatim cites that Europe is leading the global disposable gloves market forecast currently, owing to booming geriatric populace, better preparedness for medical emergency, and well-established as well as affordable healthcare infrastructure.
Parallelly, Asia Pacific market is anticipated to record robust growth over 2020-2027, on account of rising prevalence of Covid-19, rising healthcare expenditure, and improving medical facilities.
To access a sample copy or view this report in detail along with the table of contents, please click the link below:
https://www.marketstudyreport.com/reports/global-disposable-gloves-market-size-research
Global Disposable Gloves Market by Product Type (Revenue, USD Billion, 2017-2027)
- Powdered
- Powder-free
Global Disposable Gloves Market by Material Terrain (Revenue, USD Billion, 2017-2027)
- Polypropylene
- Neoprene
- Vinyl
- Nitrile
- Others
Global Disposable Gloves Market by End-user Scope (Revenue, USD Billion, 2017-2027)
- Non-medical
- Medical & Healthcare
Global Disposable Gloves Market Regional Landscape (Revenue, USD Billion, 2017-2027)
Asia Pacific
- Australia
- India
- China
- Japan
- South Korea
- RoAPAC
North America
- U.S.
- Canada
Europe
- France
- Germany
- U.K.
- Spain
- Italy
- RoE
Latin America
- Mexico
- Brazil
RoW
Global Disposable Gloves Market Competitive Framework (Revenue, USD Billion, 2017-2027)
- Supermax Corporation Berhad
- Atlantic Safety Products Inc.
- MCR Safety (Shelby Group International Inc.)
- Adenna LLC
- MAPA Professional
- Superior Glove Works Ltd.
- The Glove Company
- Hartalega Holdings Berhad
- Top Glove Corporation Bhd
- Ansell Ltd.
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Disposable Gloves Market, by Region, 2018-2027 (USD Billion)
1.2.2. Disposable Gloves Market, by Material, 2018-2027 (USD Billion)
1.2.3. Disposable Gloves Market, by Product, 2018-2027 (USD Billion)
1.2.4. Disposable Gloves Market, by End Use, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Disposable Gloves Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Disposable Gloves Market Dynamics
3.1. Disposable Gloves Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Disposable Gloves Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Disposable Gloves Market, by Material
5.1. Market Snapshot
5.2. Global Disposable Gloves Market by Material, Performance - Potential Analysis
5.3. Global Disposable Gloves Market Estimates & Forecasts by Material 2017-2027 (USD Billion)
5.4. Disposable Gloves Market, Sub Segment Analysis
5.4.1. Natural Rubber
5.4.2. Nitrile
5.4.3. Vinyl
5.4.4. Neoprene
5.4.5. Polypropylene
5.4.6. Others
Chapter 6. Global Disposable Gloves Market, by Product
6.1. Market Snapshot
6.2. Global Disposable Gloves Market by Product, Performance - Potential Analysis
6.3. Global Disposable Gloves Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
6.4. Disposable Gloves Market, Sub Segment Analysis
6.4.1. Powdered
6.4.2. Powder-free
Chapter 7. Global Disposable Gloves Market, by End Use
7.1. Market Snapshot
7.2. Global Disposable Gloves Market by End Use, Performance - Potential Analysis
7.3. Global Disposable Gloves Market Estimates & Forecasts by End Use 2017-2027 (USD Billion)
7.4. Disposable Gloves Market, Sub Segment Analysis
7.4.1. Medical & Healthcare
7.4.2. Non-Medical
Chapter 8. Global Disposable Gloves Market, Regional Analysis
Related Report:
Surgical Gloves Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Global Surgical gloves market is anticipated to register appreciative growth over the forecast period owing to rising demand from doctors and surgeons across medical and healthcare organizations. Surgical gloves are an essential part of a physician or surgeon’s everyday life. These gloves are important not only for caregivers but also for patients to stop any possible transmission of infection in operating theatres. In most cases, gloves are advised to be thrown after every use in order to safeguard surgeons and doctors from potential diseases.
With respect to end-use, the market is segmented into ambulatory surgery centers, hospitals, clinics, diagnostic centers, and others. Diagnostic centers segment was valued at around $90 million in 2019 and will continue its growth momentum further.
Considering the regional landscape, the Latin America surgical gloves market was valued at more than $175 million in 2019 and projected to grow at more than 12% in the coming years. The Middle East & Africa market was valued at more than $128 million 2019 and estimated to expand at a CAGR of more than 11.5% throughout the analysis timeframe.
About US:
Market Study Report, LLC. is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.