Disposable Gloves Market to Reach Valuation of USD 16.6 Million by 2028 - Increasing Demand for Disposable Gloves Market for Medical, Healthcare, Pharmaceutical, Automotive Finishing, Chemicals, and Oil & Gas Industries to Drive the Market Growth

From the period of 2022 to 2028, the Global Disposable Gloves Market is expected to reach USD 16.6 Million in terms of revenue, growing at a Compound Annual Growth Rate (CAGR) of 5.20%.

Disposable Gloves are primarily used to protect clients and service providers from infection. The food, healthcare, cleaning, and chemical industries all use these gloves. Various disposable glove variations, such as natural rubber, nitrile, vinyl, neoprene, and polyethylene, have been created over time. Each version offers a distinct advantage over traditional gloves, allowing it to be used in a variety of industries including food service, clean rooms, and industrial applications. Nitrile gloves, for example, are more puncture-resistant, frictionless, have a lower rate of allergic reactions, have higher heat and chemical resistance, and have a longer shelf life than latex gloves. Increased product demand in the medical, healthcare, pharmaceutical, automotive finishing, chemicals, and oil and gas industries is driving expansion in the Disposable Gloves Market.

Key Highlights from the Report

• On the basis of Product, the market is segmented into Powdered and Powder-free. Because of their growing popularity across numerous industries, powder-free nitrile gloves lead the market in 2021. Furthermore, several governments' severe laws on powdered gloves are expected to boost the powder-free nitrile gloves market throughout the forecast period. Because powder-free gloves are less form-fitting due to the chlorination process or polymer coatings such as acrylics, silicones, and hydrogels, healthcare facilities have begun to replace latex gloves with powder-free nitrile gloves. Powder-free gloves leave no residue, making them ideal for use in the automobile industry.

• On the basis of End-use, the market is segmented into Medical & Healthcare, Surgical, and Non-medical. Due to the high number of patient admissions in hospitals and clinics, the medical and healthcare segment is likely to dominate the global market throughout the forecast period. In recent years, hospital examination methods have increased. Furthermore, expanding healthcare infrastructure in hospitals and clinics to provide better medical examinations and other care services is expected to enhance the supply of medical gloves in these institutions. The increased number of COVID-19 tests done in 2020 is linked to the immediate spike in demand for disposable medical gloves from diagnostic/pathology labs. Furthermore, increasing disease screening and diagnosis is projected to add to its long-term growth.

• Asia Pacific is the fastest regional segment in terms of growth. Due to rising healthcare costs, a large patient population of chronic diseases, and rising disposable incomes, Asia-Pacific is expected to rise significantly. Furthermore, the Asia-Pacific disposable glove market is predicted to rise at a high Compound Annual Growth Rate (CAGR) in India and China.

Market Dynamics:

Increasing Awareness Related to Hygiene and Safety from Healthcare-Associated Infections (HAI) to Drive Market Growth

The global market for disposable medical gloves is being driven by a growing awareness of hygiene and safety as a result of HAI. Thousands of people die every day from diseases acquired while receiving health-related care, according to WHO. Hands are the main route of infection transmission during such procedures. As a result, the most important measure to prevent infection and reduce HAI spread is hand cleanliness. As a result, medical facilities are continually emphasizing the use of medical gloves.

Allergies Associated with Numerous Types of Gloves to Hinder Market Growth

Despite the growing popularity of gloves around the world, some obstacles are limiting the market. Direct contact with allergic latex proteins in latex glove products can cause allergies. Redness, swelling of the skin, and acute itching are frequent latex allergy symptoms. As a precaution, many institutions have implemented policies prohibiting the use of latex-based medical gloves. Furthermore, latex and the lubricating powder used in powdered gloves induce a variety of allergies. Powdered gloves are thus prohibited in a number of nations around the world.

Over the projection period, North America is expected to have tremendous growth. The US government's significant efforts to increase nitrile glove production are one of the major reasons. For example, in May 2021, the United States Department of Defense (DOD), in collaboration with the Department of Health and Human Services (HHS), announced the award of a USD 26.3 million contract to multiple glove manufacturers to enhance domestic nitrile glove production capacity. Furthermore, significant demand for Disposable Gloves will boost market expansion in North America during the projected period, owing to an increase in the number of operations in hospitals and ASCs in the region. Other factors that are projected to drive the market growth include increased demand for these items from pathologists and the developing high demand for high-quality powder-free gloves.