As cited by the research report titled ‘Global Disposable Gloves Market Size study, by Product (Powdered, Powder-free), Material(Natural Rubber, Nitrile, Vinyl, Neoprene, Polypropylene, Others) End Use(Medical, Non-Medical) and Regional Forecasts 2020-2027’, available with Market Study Report, global disposable gloves market was worth USD 9.31 billion in 2019 and is projected to grow with a CAGR of 9.2% over 2020-2027 to accumulate USD 18.82 billion by the end of study duration.
 

Growing investments in urgent care, rising geriatric populace, outbreak of pandemics, and strategic partnerships between urgent care providers and hospitals are the factors driving the global disposable gloves market growth.
 

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According to latest report, the number of Covid-19 cases recorded worldwide were the highest in April 2021. Considering the disheartening situation, Indian Government increased its spending on healthcare by 127%, amounting to INR 2.23 lakh crores, in the 2021 Budget.
 

For the record, a disposable glove is single-use glove that is made up of synthetic or natural rubber. These are worn by healthcare workers to prevent exposure as well as minimize transmission of infections, and by industrial workforce to protect hands from harmful environment.
 

However, high cost of manufacturing disposable gloves is poised to hinder the industry growth over the analysis timeframe.
 

Based on material terrain, worldwide disposable gloves market is segmented into natural rubber, polypropylene, vinyl, nitrile, and neoprene among others. On the basis of product type, the market sphere is divided into powdered, and powder-free. While various end-users include medical & healthcare, and non-medical.
 

Geographically, Asia Pacific, Europe, North America, and Latin America are major revenue generators for overall disposable gloves industry. Of these, Europe is slated to be a major growth hub for the market over 2020-2027, owing to increasing geriatric populace, and affordability & swiftness of urgent care services, along with well instituted healthcare infrastructure.
 

Whereas, Asia Pacific market is likely to showcase remunerative growth over the forecast period, on account of increasing income of individuals, growing incidences of injuries, and evolving healthcare infrastructure.
 

Major companies in global disposable gloves industry sphere include Superior Glove Works Ltd., The Glove Company, Hartalega Holdings Berhad, Top Glove Corporation Berhad, MAPA Professional, Ansell, Supermax Corporation Berhad , Adenna LLC, Shelby Group International Inc., and Atlantic Safety Products.