About Disposable Latex Gloves
Disposable latex gloves are biodegradable healthcare supplies used for safety concerns to prevent the infections during surgical events, diagnostic and other medical occasions. Disposable latex gloves are made from latex rubber which is also called natural rubber. It is available in powdered and non-powered variants. Also used in other fields like food, industrial purpose, etc.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The increasing medical practice and surgical events increased the demand for latex disposable gloves in the market. The top leading firms are from Malaysia. They are also adopting merger and acquisition options to rule over the market and earn more business. There is strong competition between the top leading firms. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Disposable Latex Gloves market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Top Glove Corporation (Malaysia), Hartalega (Malaysia), WRP (Malaysia), Supermax Healthcare (United States), Semperit (Austria), Kossan (Malaysia), Medline Industries (United States), YTY GROUP (Malaysia), Cardinal Health (United States) and Medicom (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ARISTA Gloves (Indonesia), KIRGEN glove (China), UG Healthcare (Malaysia) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Disposable Latex Gloves market by Type (Powdered Gloves and No Powdered Gloves), Application (Healthcare Industry, Medical Institutes, Diagnostic Examination, Surgical Operations, Non-Medical, Food Service, Clean Room and Industrial Purpose) and Region.
On the basis of geography, the market of Disposable Latex Gloves has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Doctors will boost the Disposable Latex Gloves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Disposable Latex Gloves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Popularly Used as it Facilitates Durability, Flexibility, and Comfort to Wear
Market Growth Drivers:
Increasing Demand Due to Safety Concerns, Growing Awareness Among Common People and Highly Demanded as it is Naturally Obtained
Challenges:
Latex Gives Little Chemical Protection also very poor to Handle Organic Solvents
Restraints:
It Causes Skin Allergies and Reactions and Difficult to Detect Lacerations or Puncture Holes
Opportunities:
Growing Surgical Operation and Diagnostic Cases
Market Leaders and their expansionary development strategies
In April 2018 Top Glove has completed the acquisition of Aspion Sdn Bhd and will be the world’s largest glove manufacturer. The cash payment of 20.5 million required to purchase the company. It will increase the company’s 75 lines and capacity of 4.77 billion pieces of gloves per annum overall.
In June 2019, Top gloves launched its BioGreen Biodegradable Nitrile Gloves (Powder-Free) on occasion of world environment day. It is an environmentally-friendly variant of disposable nitrile. It will provide unconditional protection to individuals promised by the company.
The FDA under the category of medical devices and personal protective equipment used to protect healthcare professionals as well as the patient from infections. Medical gloves are one part of an infection-control strategy. These gloves are regulated by the FDA as Class I reserved medical devices that require a 510(k) premarket notification. FDA reviews these devices to ensure that performance criteria such as leak resistance, tear-resistance and biocompatibility should meet.
Key Target Audience
Manufacturers, Hospital and Diagnostic Centers, Distributors/Suppliers/Wholesalers, Government Sector, Research Firms, Clinical Trial Centres and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.