The worldwide demand for personal protective equipment (PPE) is exploding. Disposable medical gloves that started experiencing a sudden spike in demand amid COVID-19 pandemic are projected for a prosperous growth outlook in the global market over the foreseeable future. Fairfield Market Research’s ongoing study discusses the growth dynamics of global disposable medical gloves market during 2021 – 2025. While the progressing healthcare industry supports the growth of disposable medical gloves market, sales will maintain the rocketing momentum as hygiene, sanitation, and personal & public safety take cesntre stage. The double gloving trend is expected to play out as a major booster to the market.
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On the other hand, an increasing number of surgeries in orthopedic, ophthalmic, and dental healthcare sectors will continue to fuel the sales of disposable gloves across public and private facilities. Rising penetration of synthetic medical gloves has also augured well for the market growth. Although the pandemic situation continues to stimulate mass adoption, competitive price point and environmental footprint of disposable gloves will be the challenging factors in long term, says the report.
Nitrile Gloves to Gain Strong Ground
Examination gloves are likely to remain top selling but surgical gloves are expected to reign supreme in terms of market value. Hospitals will remain the significant consumer segment, whereas vinyl and polyisoprene gloves are likely to remain sought-after. Cost-competitive, safer, and more durable alternatives such as nitrile gloves are also emerging popular, especially across developing regional markets. Moreover, cost efficiency, broader adoption, and eco-friendly attributes of latex make it the most preferred material among manufacturers of disposable medical gloves.
Innovations Make Headways in Powder-free Disposable Medical Gloves
Selection of appropriate protective gloves plays a critical role when it comes to prevention of infectious and transmissible diseases. While powdered gloves have been associated with certain serious health risks such as latex skin allergy and contamination, the market has been witnessing strong consumer shift away from powdered gloves. Since 2016, the US Food and Drug Association (FDA) has banned powdered surgical and patient examination gloves as well as the lubricating absorbing powder. Companies are thus augmenting their investments in introducing powder-free glove variants that relatively skin-friendly due to low chemical and endotoxin content. The global disposable medical gloves market is also likely to see emergence of antibacterial gloves with higher moisturiser content that facilitate the pull-on. Textured disposable medical gloves is another trend popularising in the global market.
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Asia Pacific Develops a Lucrative Market; Spotlight on Malaysia Intact
Malaysia has been the top global supplier of rubber gloves and the Malaysian Rubber Glove Manufacturers Association (MARGMA) had projected nearly 16% rise in demand for disposable medical gloves in 2020 alone. The country houses some of the global leaders in disposable rubber gloves, including Top Glove CorporationBhd, and Hartalega Holdings Bhd. Attributing to Malaysia’s global dominance, the market for disposable medical gloves in Asia Pacific is likely to garner momentum over the next few years. North America, however, continues to lead the pack with substantial consumption of disposable medical gloves, especially for surgical application.
Companies Scale-up Capacities to Cater to Swelling Glove Consumption
Some of other leading players in the market are Mckesson Corporation, Medline Industries, Inc., Dynarex Corporation, Semperit AG Holding, Kimberly-Clark Corporation, Supermax Corporation Berhad, Kossan Rubber Industries Bhd., Ansell Ltd., Cardinal Health, and Mölnlycke Health Care AB are some of the prominent companies actively participating in the global disposable medical gloves market competition. Besides product innovations, players are relying on traditional growth strategies such as mergers, partnerships, and collaborations. Expansion of production capacities is also trending the competition landscape recently. Thailand-based Sri Trang Gloves Ltd. is amplified its annual production capacity by more than 18% in line with the unprecedented demand surge in 2020.
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