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Rubber Gloves Market to Expand at CAGR of 8.5%; Surge in Hospitalization of Older Population and Increase in Efforts to Avoid HIAs Drive Product Demand, Says TMR

PR Newswire ·  Nov 24, 2021 20:50

ALBANY, N.Y., Nov. 24, 2021 /PRNewswire/ -- A research report by Transparency Market Research (TMR) gives complete study of several important factors contributing to the development of the global rubber gloves market. According to this report, the market is projected to reach the valuation of US$ 7.6 Bn by 2030.

The healthcare sector is one of the prominent end users of natural rubber latex gloves. The product is being used in operation theaters, owing to their ability to decrease the possibility of transfer of infection for healthcare professionals as well as patients.

At present, there are two types of rubber gloves available in the market, namely, latex gloves and latex-free gloves. Rubber latex glove manufacturers dust cornstarch powder in their products in order to lower the risk of surgical site infection and critical complications for perioperative patients. However, many healthcare professionals are experiencing the issue of latex allergy, which is resulting into inconvenience and discomfort, while using these gloves. In order to overcome this issue, many market players are ensuring that latex-free gloves are easily available to end users.

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Players operating in the rubber gloves market are taking initiatives to spread awareness on several risks pertaining to the use of unsterilized gloves, including the possibility of the spread of the COVID-19 and cross contamination. Furthermore, companies are developing form fitting, resilient, and long-lasting vinyl-nitrile gloves in order to ensure workers' safety during the coronavirus pandemic.

Asia Pacific is a dominant region in the rubber gloves market. Moreover, the North America market is estimated to show promising growth on the back of well-developed healthcare sector and technological advancements in the regional rubber gloves market.

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Rubber Gloves Market: Key Findings

  • Use of Dipping Technology for Production of High Quality Rubber Gloves

In order to produce synthetic and natural rubber gloves, many manufacturers use dipping baths. This technique involves dipping of ceramic or metal formers with the shape of a hand in liquid latex and then drying. Several market enterprises such as Vaisala are implementing this technology using liquid latex and other synthetic materials, including nitrile, vinyl, and synthetic polyisoprene. While producing gloves, manufacturers are vigilantly maintaining the latex concentration, as it is an important factor in achieving superior quality and durable products. 

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  • Manufacturers Study Advantages and Disadvantages of Latex and Latex-free Gloves

Rubber gloves manufacturers are carrying out in-depth study on advantages and disadvantages of latex gloves and latex-free gloves. For instance, latex-free gloves are related to decreased levels of durability and dexterity in comparison with latex gloves. On the other hand, the use of latex gloves can cause allergy lead to low productivity of clinicians and can also lead to life threatening. Considering these factors, market players are making informed decisions on the production of latex and latex-fee gloves.

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Rubber Gloves Market: Growth Boosters

  • Increase in prevalence of chronic and acute diseases in older population is resulting into rise in hospitalization. This, in turn, is boosting the demand for rubber gloves.
  • Many healthcare organizations today are increasing efforts to decrease the possibilities of healthcare-associated infections (HAIs). This factor is driving the demand for rubber gloves in the healthcare industry.

Rubber Gloves Market: Key Players

Some of the key players in the rubber gloves market are:

  • Hartalega Holdings Berhad
  • Ansell Healthcare
  • Cardinal Health
  • Top Glove Corporation Bhd
  • Kossan Rubber Industries Bhd
  • Clean Q Grip
  • Supermax Corporation Berhad
  • Rubberex
  • SHIELD Scientific
  • Sri Trang Gloves (Thailand) Public Company Limited
  • UG Healthcare Corporation

Rubber Gloves Market Segmentation

Product Type

  • Latex
  • Nitrile
    • Powdered
    • Powder-free
    • Vinyl/TPE/CPE

Production Type

  • Direct Dipping
  • Coagulant Dipping
  • Heat Sensitive Dipping
  • Others

Application         

  • Examination Glove
  • Surgical Glove
  • Clean Room Glove
  • Household
  • Industrial
  • Electronic

End User   

  • Food Industry
  • Pharmaceuticals & Biotechnology
  • Healthcare Institutes
  • Others

Region       

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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