The global disposable gloves market was valued at $6,858.07 million in 2021 and is expected to reach $18,885.88 million by 2026 at a CAGR of 13.1% during the forecast period.
Disposable gloves form an essential part of maintaining hygienic conditions, ensuring the security of patients and caregivers, and safeguarding against infections. These are used while performing laboratory experiments to ensure the safety of personnel. The use of gloves minimizes the possibility of infection, pathogens, and other external factors. The adoption of disposable gloves has been a prerequisite for medical applications across the world. The advent of newer manufacturing technologies, increase in awareness regarding the benefits of disposable gloves, and improved healthcare practices are expected to catalyze market growth.
The demand for disposable gloves is expected to rise in the future, owing to the necessity for product quality control, workers' safety, hygiene, and protection. Healthcare professionals, doctors, and surgeons use medical gloves during surgeries and other activities to prevent infection and cross-contamination. Furthermore, disposable gloves have applications in household purposes for cleaning and dishwashing. Thus, the market for disposable gloves is expected to grow in the near future, owing to a rise in concern for safety, hygiene, and product quality.
Top Key Players in the Disposable Gloves Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Disposable Gloves Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Top Glove, Hartalega, Ansell, Supermax, Semperit, Kossan, Medline Industries, YTY GROUP, Cardinal Health, Medicom, ARISTA, KIRGEN, Bluesail, INTCO and others.
Global Disposable Gloves Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Disposable Gloves Market is segmented based on the type, applications, companies, and regions.
The report offers an in-depth assessment of the growth and other aspects of the Disposable Gloves Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America.
Asia-Pacific presents lucrative opportunities for key players operating in the disposable gloves market, owing to an increase in population, coupled with high growth in a geriatric population. In addition, a rise in healthcare expenditure and developing guidelines are expected to propel market growth in the region. Key countries, such as India and China have witnessed an increase in demand for disposable gloves in the medical sector, which, in turn, is expected to augment the growth of the disposable gloves market in Asia-Pacific.
In addition, the disposable gloves market is expected to grow at the highest rate in Asia-Pacific, especially owing to the increase in compliance and sheer size of the population in countries such as Australia and South Korea.
The report incorporates an in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis, and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers, and so on to comprehend the prevailing market dynamics at present and their impact during the forecast period 2021-2026. The report presents the analysis of the Disposable Gloves Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
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Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.