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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