Rubber Gloves Market Analysis Report By Material, By Type, By Product, By Distribution Channel, By End Use, By Region And Segment Forecasts From 2020 To 2027

Synopsis

With reference to the report published, the global rubber gloves market size was prized by USD 7.4 billion in 2019. It is estimated to witness a 14.7% CAGR from 2020 to 2027.

Drivers

Uprising wakefulness between various companies about the significance regarding the protection and wellbeing of the employees at the places of work, due to the strict rules and excessive prices linked with the vulnerability of a workplace, is expected to impel the market.

The increasing concerns about the cleanliness between the public, to avert the spreading of virus, bacteria, disease, and additional pathogens, sourced due to the improper handling of foodstuff products at food & beverage manufacturing companies, bakeries as well as at restaurants. Therefore, the companies are concentrating on advising their staff to put on the appropriate protecting gear, to prepare foodstuff products free from several categories of contamination. The aforesaid issues are anticipated to push the rubber gloves market.

As a result of the elevated commonness of Healthcare-associated infections (HAIs), which the public acquire, at some stage in hospital visits, even for common reasons, universally denoted as hospital infections. Due to which the acceptance of rubber gloves is increasing, globally. As stated by the WHO in their report, millions of Healthcare-associated infections (HAIs) cases arise each year. Therefore, the governments are stressing on escalating the delivery of rubber gloves in hospitals for each person, to decrease the speed of contamination.

Effect of Covid-19

Caused by the COVID-19 pandemic in 2020, the governments of various nations are seriously funding for the appropriate delivery of Personal Protective Equipment (PPE) along with other products like face shields, masks, gowns, and gloves. Additionally, the key companies are working together with NGOs, hospitals, and medical services, to directly providing PPE apparatuses to increase viable advantage over one another.

Distribution Channel Insight

In 2019, the physical distribution channel sector held the major 69.1% revenue share and dominated the rubber gloves market. Since, it presents simple supply chain management the sector is anticipated to observe a 10.0% CAGR, during the forecasted period. Here, the gloves are manufactured and circulated by means of the wholesalers and retailers to the end consumer. Moreover, this facilitates the customers to purchase gloves, at any time they wish for, and as per their liking.

As a result of fast progression and enlargement in the e-commerce business, the online distribution channel sector is anticipated to speedily develop for the duration of the forecast. Though, on a few occasions, the deliverance period may be unexpected, in the situations such as a lesser amount of product availability otherwise distance of the sending address.

Type Insight

The powder-free rubber gloves sector retained a 70.9% revenue share in 2019 and ruled the market. The sector is estimated to observe, 15.8% CAGR throughout the forecast period. These rubber gloves go through the chlorination procedure. It creates a smaller amount of form-fitting to evade the application of powder for the effortlessness of wearing and taking away. The requirement for these rubber gloves is estimated to increase, during the forecast period, due to their first choice through a number of businesses like chemical manufacturing, food processing, and medical.

The demand for powdered rubber gloves is estimated to observe restricted development since they are administered beneath a variety of permissions on the treatment of powders. Moreover, they are barred by a lesser number of organizations for example U.S. Food Drug and Administration (FDA).

Product Insight

The disposable rubber gloves division held a 71.2% revenue share in 2019 and led the rubber gloves market. The division is estimated to observe a 15.1% CAGR for the duration of the forecast. The requirement for disposable rubber gloves is likely to be excessive, between the employees in the food processing industry and the medicinal services, since they are required to make use of dissimilar pairs of rubber gloves for diverse processes. The disposable gloves are intended for single utilize and are price efficient.

Due to the eruption of the COVID-19 pandemic, globally, the order for disposable rubber gloves has significantly increased in 2020, consequently escalating the demand for Personal Protective Equipment (PPE). To evade cross-contamination, at some stage in treatments, the demand for single-use disposable gloves has augmented between healthcare staff.

Material Type Insight

The natural rubber division held the major 41.2% revenue share in 2019 and led the rubber gloves market, due to their use in different industries like chemicals, food processing, oil & gas, and medical & healthcare. It is mainly utilized for safeguarding the hands from infections and injuries. The requirement for latex gloves is estimated to grow considerably because they are accepted by the FDA for medicinal surgical treatments and chemical management. The Nitrile sector is expected to observe a 15.8% CAGR, during the forecast period. Nitrile gloves own diverse possessions, for instance, resistance to chemicals as well as heat and extreme barrier protection.

The additional categories of the materials used for the manufacturing of rubber gloves comprise silicone rubber, isoprene rubber, butyl rubber, and chloroprene. Greater resistance to chemical and heat along with superior discharge possessions is expected to power the expansion of the division, during the forecast period. The increasing government expenses on healthcare, by diverse emergent nations, are estimated to propel the market.

End-Use Insight

Due to their extensive utilization between the patients and doctors, intended for averting the spread of pathogens and cross-contamination throughout the surgical procedures and health check tests, the medical & healthcare sector held a 69.8% revenue share and dominated the rubber gloves market, in 2019. The worldwide spread of the COVID-19 pandemic is additionally anticipated to boost the demand for checkup gloves, between healthcare personnel, for inspection and testing functions.

The requirement of rubber gloves in the automobile manufacturing sector is projected to observe a 7.9% CAGR during the forecast period. The employees in the automobile manufacturing sector are tending to many risks at the workplace, from razor-sharp ends of tools to injurious substances and chemicals. The rubber gloves provide superb resistance to chemicals, grease, gasoline, and oil. As a result, the user stays away from probable accidents.

Since, the workforces are exposed to weighty tools like pipes, chains, and other apparatuses, rubber gloves are extensively utilized in the oil & gas industry. There is a risk of chemical inflammation, cut, crush, and puncture. Rubber gloves provide exceptional hold in these circumstances and facilitate them to grasp several tools, and mechanisms, by means of greater levels of protection.

The requirement for rubber gloves in the food & beverage manufacturing sector is estimated to observe above 9.0% CAGR since they provide an additional stage of cleanliness for the duration of a variety of procedures such as handling, washing, and organizing, beverages desserts, seafood, vegetables, poultry, and meat. Besides, these rubber gloves provide safety in contrast to food-created diseases.

Regional Insight

The enlargement in the healthcare and medicinal expenditure, in North America, can be credited to the increasing alertness between citizens for the safety against diverse infectious illnesses and viruses. Additionally, greater spending on cleanliness by the individuals, in the food & beverage manufacturing sector, is likely to push the rubber gloves market for the period of the forecast.

In 2019, Europe held more than 35.0% revenue share and dominated the market. The increasing demand for rubber gloves within the province is credited to the excessive requisite for protecting gloves in diverse businesses like automotive, metal, chemicals manufacturing, oil & gas as well as food & beverages. Besides, the last eruption of the COVID-19 pandemic in the nations like Italy and Germany has caused extreme demand for rubber gloves, within the healthcare sector.

In the Asia Pacific, the requirement for rubber gloves is projected to speedily increase. This can be credited to the spending by the governments of diverse emergent nations, similar to the Philippines, South Korea, Thailand, and India, for the growth of medical manufacturing as well as to encourage medical tourism, to get foreign exchange.

Companies

Because of the existence of a huge number of transnational as well as native contestants, the market is extremely aggressive. The development of the supply chain is the important policy accepted by the contestants of the market, to increase their product offerings along with the geological scope to an extensive client base, in this manner, strengthening their viable place in the market.

Some of the companies for the rubber gloves market are:

• MAPA Professional
• Unigloves (UK) Limited
• Top Glove Corporation Bhd
• The Glove Company.
• Hartalega Holdings Berhad
• Ansell Ltd.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Million Insights has segmented the global rubber gloves market report on the basis of material, type, product, distribution channel, end-use, and region:

• Material Outlook (Revenue, USD Million, 2016 - 2027)
    • Natural Rubber/Latex
    • Nitrile
    • Neoprene
    • Others

• Type Outlook (Revenue, USD Million, 2016 - 2027)
    • Powdered
    • Powder Free

• Product Outlook (Revenue, USD Million, 2016 - 2027)
    • Disposable
    • Durable

• Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)
    • Online
    • Physical

• End-use Outlook (Revenue, USD Million, 2016 - 2027)
    • Medical & Healthcare
    • Automotive
    • Oil & Gas
    • Food & Beverage
    • Metal & Machinery
    • Chemical & Petrochemical
    • Pharmaceutical
    • Cleanroom
    • Others

• Regional Outlook (Revenue, USD Million, 2016 - 2027)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • Germany
        • Italy
        • U.K.
        • Russia
        • France
        • Spain
    • The Asia Pacific
        • China
        • India
        • Thailand
        • Malaysia
        • Indonesia
        • South Korea
        • Australia
        • Japan
    • Central & South America
        • Brazil
        • Argentina
    • Middle East & Africa
        • UAE
        • Saudi Arabia
        • South Africa