North America was the largest region in the global disposable globes market and is expected to continue dominate throughout forecast period.
According to the latest Arizton's market research report, the global disposable gloves market size to cross USD 29 billion by 2025, growing at a CAGR of 14% during the forecast period.
Global Disposable Gloves Market Growth
The increasing awareness among the end-users, growing employee welfare concerns, stringent working regulations, and government norms are propelling glove usage, which in turn, is boosting the growth in the global disposable gloves market. The disposable gloves industry is witnessing growth due to hygiene maintenance that is becoming more prominent in laboratory operations and chemical handling. The ongoing pandemic is creating immense demand for disposable gloves and creating opportunities for the vendors to grow and expand their market in the disposable gloves segment.
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Impact of COVID-19
The onset of COVID-19 has accelerated the adoption of disposable gloves in developing economies and underpenetrated markets such as India. The distribution and supply features of retail outlets such as supermarkets, hypermarkets, and online mediums will witness a spike. It is essential for the players to enforce retailers to allocate more shelf spaces for safety apparel such as gloves and the demand has picked up pace in the global disposable gloves market. The upcoming policies and healthcare expenditures will be based on allocating funds for improving safety equipment such as gloves and apparel in this pandemic.
- Market Size & Forecast by Revenue | 2019−2025
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Segmentation – A detailed analysis by material type, form, end-users, distribution, and geography
- Competitive Landscape – 5 Key Company Profiles and 18 Other Prominent Vendors
Global Disposable Gloves Market – Geographic Analysis
In 2019, North America was the largest region in the global disposable globes market and is expected to continue dominate throughout forecast period. In countries such as the US, the market is well established, and the upcoming competition will be based on offering sustainable products in the global disposable gloves market. The global disposable gloves market in Latin America is estimated to grow at a faster rate compared to APAC and MEA in terms of volume consumption. The high disposable income, growing healthcare spending, advances in medical tools and equipment, and government initiatives are surging the demand for surgical and medical gloves in the region.
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The global disposable gloves market is immensely competitive, with more than 150 recognized vendors across the geography. Collaborations and M&A are helping the disposable gloves companies to achieve global footprint. The major players in the industry are also consistently involved in the expansion of facilities to comply with the growing demand and needs across industries. Demand for cleanroom gloves has certain unique standards for approval and to ensure ideal usage the vendors should be more compliant with regulations and safety protocols. Market players are expected to come up with innovation in the global disposable gloves market that will supports sustainability and environment friendly approaches to ensures additional credibility on the brand.
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