Rubber Gloves Market Outlook - 2030
The global rubber gloves market size was valued at $34.0 billion in 2020, and is anticipated to generate $122.5 billion by 2030. The market is projected to experience growth at a CAGR of 12.2% from 2021 to 2030.
There is a steady increase in the demand for rubber gloves attributed to the rise in the usage of various gloves. The government policies regarding the industrial safety toward various industries lead to increase in the demand for the industrial gloves. The surge in health consciousness among the people after the outbreak leads to increase in the demand for disposable gloves in medical and household purposes. The technological breakthrough by innovating cut resistant gloves launched by Ansell under the product category HyFlex gloves, which are used in the industrial places provide wearer extra comfort and high dexterity.
Introduction
Rubber gloves are protective hand coverings made from natural or synthetic rubber, designed to safeguard users from chemicals, contaminants, and hazardous substances. They are widely used in various settings, including medical, industrial, and household environments. In healthcare, rubber gloves are essential for preventing the transmission of infections and maintaining hygiene during examinations and surgeries. Industrial-grade rubber gloves provide chemical resistance for tasks involving cleaning agents or solvents. Available in various sizes and thicknesses, they offer tactile sensitivity and dexterity while ensuring user comfort. Their versatility and protective qualities make them indispensable in numerous applications across multiple industries.
Market Dynamics
The rise in demand for rubber gloves from the healthcare sector significantly drives the growth of the market, fueled by increase in medical procedures and a heightened focus on infection prevention. As healthcare facilities prioritize safety and hygiene, the demand for disposable and reusable rubber gloves has surged. This trend is further accelerated by rise in incidence of healthcare-associated infections and the global emphasis on personal protective equipment (PPE). According to the India Brand Equity, the Indian Healthcare industry continued its healthy growth in 2023 and reached a value of $372 billion driven by both the private sector and the government. The India hospital market was valued at approximately $98.98 billion in 2023 and is projected to reach $193.59 billion by 2032. Thus, the expansion of home healthcare services and rise in use of rubber gloves in diagnostics, surgeries, and patient care contribute to the market growth. Thus, manufacturers are innovating to meet the evolving needs of healthcare providers.
Environmental concerns and regulations significantly restrain the growth of the rubber gloves market due to increasing scrutiny over the ecological impact of rubber production and disposal. The production of natural rubber can lead to deforestation, habitat destruction, and biodiversity loss. In addition, synthetic rubber gloves, often made from petrochemicals, raise concerns about carbon emissions and environmental pollution. Stricter regulations on waste management and the need for sustainable practices compel manufacturers to invest in eco-friendly materials and processes, which can increase production costs. As consumers become more environmentally conscious, there is a growing demand for biodegradable and sustainably sourced alternatives, further challenging traditional rubber glove production methods.
The development of biodegradable and sustainable rubber gloves presents a significant opportunity for growth of the rubber gloves market, driven by rise in environmental awareness and increase in consumer demand for eco-friendly products. As regulations regarding plastic waste tighten, manufacturers are innovating to create gloves from natural, renewable materials that break down more easily than conventional options. These sustainable gloves not only reduce environmental impact but also appeal to environmentally conscious consumers and businesses. Also, incorporating biodegradable materials can enhance brand reputation and compliance with sustainability initiatives, ultimately expanding market reach and opening new sales channels across various industries, including healthcare and food service.
Segments Overview
The global rubber gloves market is segmented into type, product, material and end-user industry. B type, the market is divided into powdered and powder free. On the basis of product, the market is segmented into disposable and reusable. By material, the global rubber gloves market is bifurcated into latex, nitrile, vinyl and others. By end-user industry, the market is segmented into healthcare, food and beverage, automotive, machinery, and others. Region wise, the market is divided into North America, Europe, Asia-Pacific and LAMEA.
Rubber Gloves Market, By Type
By type, the powder free segment dominated the market share in 2020 and the same is projected to grow at higher CAGR. This can be attributed to rise in demand for rubber gloves from hospital & medical services, hygiene products, mechanical products, and laboratories.
By Type
Powder Free is projected as the most lucrative segment.
Rubber Gloves Market, By Product
By product, the disposable rubber gloves segment dominated the market in 2020. The same is projected to grow at higher pace during the forecast period attributed to the rise in demand of disposable gloves in food & catering, spa & saloons, photochemistry, automotive and healthcare sector. Moreover, they are biodegradable, super-elastic, comfortable, tactile sensitivity, and also safe for extended use.
By Product
Disposable are projected as the most lucrative segment.
Rubber Gloves Market, By Material
By material, latex rubber gloves dominated the market for 2020. This was owed to the high demand of latex rubber gloves in several industries such as of medical, dental, child care & senior care gloves, food services, sanitation, automotive, oil & gas and manufacturing industries. However, nitrile rubber gloves are expected to grow at a higher CAGR during the forecast period as they are completely water-proof, highly chemical resistant, non-toxic, and completely disposable after use.
By Material
Nitrile are projected as the most lucrative segment.
Rubber Gloves Market, By End-user Industry
By end-user industry, the healthcare industry segment dominated the market share for 2020. it is further projected to grow at a faster pace during the forecast period. As these gloves are the single substitute for protection of hand in surgery, maximum surgeons prefer these gloves due to their extreme durability & extreme resistant to biochemicals and great for use in unsanitary situations.
By End-user Industry
Healthcare are projected as the most lucrative segment.
Rubber Gloves Market, By Region
By region, North America dominated the market share for 2020. This was attributed to North America being the largest continent in healthcare and pharmaceutical research & developments thus leading to extensive demand of rubber gloves from R&Ds activities. However, Asia-Pacific is expected to grow at higher CAGR during the forecast period owing to High population and high pace in chemical and pharmaceutical industries increased the demand of rubber gloves.
By Region
Asia-Pacific is projected as the most lucrative market.
Competitive Analysis
The major key players profiled in the report includes Ansell Ltd., Hartalega Holdings Berhad Corporation, Kimberly Clark Company, Kossan Rubber Industries Bhd, Top Glove Corporation Bhd, Supermax Corporation Berhad, Schield Scientific, Atlantic Safety Products Inc., Unigloves (UK) Limited and Mapa Professional hold significant share of the market.
Key Benefits For Stakeholders
- The report provides an in-depth analysis and the rubber gloves market forecast along with the current and future market trends.
- This report highlights the key drivers, opportunities, and restraints of the Rubber gloves market along with the impact analyses during the forecast period.
- Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the rubber gloves industry for strategy building.
- A comprehensive analysis of the factors that drive and restrain the market growth is provided.
- The qualitative data in this report aims on the rubber gloves market trends, dynamics, and developments.
- The rubber gloves market size is provided in terms of revenue.
Rubber Gloves Market Report Highlights
Aspects | Details |
By TYPE |
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By PRODUCT |
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By END-USER INDUSTRY |
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By MATERIAL |
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By Region |
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Key Market Players | Ansell Ltd., KOSSAN RUBBER INDUSTRIES BHD, Unigloves (UK) Ltd., Hartalega Holdings Berhad Corporation, Supermax Corporation Berhad, MAPA Professional, Schield Scientific, Kimberly-Clark Company, Top Glove Corporation Bhd, Atlantic Safety Products, INC |
Analyst Review
According to the perspective of the CXOs of leading companies, the global rubber gloves market is heading toward an expansion phase. This is mainly attributed to safety rules and regulations at workplaces, increase in demand for superior performance and comfort and surge in number of healthcare and food processing industries. North America has the presence of a lot of end-use industries. The government of this region has stringent regulations regarding the safety of labor and working individuals. If any irregularities are found then the employer is charged with heavy penalties. These kinds of stringent regulations laid down by the governments of the developed countries such as the U.S., Canada, Germany, and France are anticipated to drive the growth of the rubber gloves market across the globe. In addition, workers also make sure that they use the gloves in all work-related operations and demand better performance and comfort. These gloves are cut resistant, have long working life and offer a firm grip.
These factors are anticipated to surge the demand for industrial gloves across these developed regions. Furthermore, there is an increase in the demand for disposable gloves from the healthcare sector owing to seasonal factors such as prevalence of viral outbreaks and infectious diseases. Rise in awareness regarding health and safety measures associated with patient treatment and emergency response incidents has played a key role in driving the demand for disposable gloves in the healthcare industry. In addition, risks associated with the on-the-job transmission of germs and blood borne pathogens are expected to increase the demand for disposable gloves in the medical and healthcare facilities. Increase in awareness toward disease prevention and consumer well-being in the healthcare sector is expected to drive the growth of the market during the forecast period.
High demand for gloves during the pandemic outbreak is the key driving factor for Rubber Gloves Market.
The market share of rubber gloves for 2020 is $34.0 billion.
Key trends for the market are increased demand from healthcare, food & beverage, personal care industry.
Asia-Pacific will provide more business opportunities for Rubber Gloves market in future.
The key growth strategies of rubber gloves market players is new product launch and business expansion.
The leading players in the market are includes Ansell Ltd., Hartalega Holdings Berhad Corporation, Kimberly Clark Company, Kossan Rubber Industries Bhd, Top Glove Corporation Bhd, Supermax Corporation Berhad, Schield Scientific, Atlantic Safety Products Inc., Unigloves (UK) Limited and Mapa Professional.
Disposable segment holds the maximum share of rubber gloves market
the potential customers of rubber gloves industry are healthcare professional, automotive, oil & gas, food & beverage, and personal care professionals.
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