Theglobal disposablegloves market size was valued at USD 23.03 billion in 2021. Themarket is projected to grow from USD26.82 billion in 2022 to USD 44.64 billion by2029, exhibiting a CAGR of 7.5% duringthe forecast period.
Thisinformation is provided by FortuneBusiness Insights, in its report, titled, “Disposable Gloves Market, 2022-2029.”
COVID-19 Impact:
Augmented Demand from Healthcare Sector to Support Market Growthamid COVID-19
TheCOVID-19 has interrupted the supply chain and led to global hoarding for the
PPE involving disposable gloves among others. During the preliminary phases of
the pandemic, demand for disposable gloves and other protective gears rose and
prices ascended, owing to supply chain interruptions caused by lockdown
guidelines imposed across the world. In order to suffice the unparalleled
demand observed during pandemic, numerous companies came forward and
retrofitted their production line to manufacture PPE kits for frontline
workers.
Segments:
Natural Rubber Latex Gloves Segment to Hold Considerable ShareOwing to Extended Usage in Healthcare Sector
Basedon material, the market is segmented into natural rubber latex gloves, nitrile
gloves, Polyvinyl Chloride (PVC) gloves, and others.
In2021, the natural rubber latex gloves segment led the market. Latex gloves are
amongst the most expansively used gloves in the market.
Report Coverage:
Thereport offers a holistic review of the market along with current trends and
future anticipations to establish proximate investment gains. An in-depth
analysis of any upcoming opportunities, threats, competitions or driving
aspects is also mentioned in the report. Step by step, thorough regional
analysis is offered. The COVID-19 influences have been added to the report to
help investors and business owners understand the threats better. The top
players in the market are recognized, and their strategies to bolster the
market growth are shared in the report.
Source:https://www.fortunebusinessinsights.com/disposable-gloves-market-106777
