The global disposablegloves market size was valued at USD 23.03 billion in2021. The market is projected to grow from USD 26.82 billion in2022 to USD 44.64 billion by 2029, exhibiting a CAGR of 7.5% duringthe forecast period.
This information is provided by FortuneBusiness Insights, in its report, titled, “Disposable Gloves Market,2022-2029.”
COVID-19 Impact:
Augmented Demand from Healthcare Sectorto Support Market Growth amid COVID-19
The COVID-19 has interrupted the supplychain 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 toHold Considerable Share Owing to Extended Usage in Healthcare Sector
Based on material, the market issegmented into natural rubber latex gloves, nitrile gloves, Polyvinyl Chloride
(PVC) gloves, and others.
In 2021, the natural rubber latexgloves segment led the market. Latex gloves are amongst the most expansively
used gloves in the market.
Report Coverage:
The report offers a holistic review ofthe 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.
