February 24, 2021
As cited by the business intelligence report titled ‘Global Disposable Latex Gloves Market Size study, by Product Type (Sterile, Non-Sterile), by Distribution Channel (Online, Off-line), by Application (Surgical, Medical, Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global disposable latex gloves market is slated to amass significant gains during 2020-2027.
Increasing prevalence of infectious diseases and escalating number of surgical procedures across the globe are fostering overall disposable latex gloves market growth.
For the record, latex is an organic material primarily derived from flowering plants. It can also be produced unnaturally by polymerization of monomer as styrene, which is blended with surfactants. Rising adoption of disposable latex gloves by healthcare professionals to enhance comfort, competence, and work efficiency will continue to stimulate the product demand. Beneficial attributes such as elasticity, high tactile sensitivity, and biodegradability are the key factors encouraging the adoption of these gloves.
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Speaking of the latest developments, the Covid-19 pandemic has benefitted global disposable latex gloves market as the rapid spread of the virus has compelled national authorities to mandate the use of hygienic products and disinfectants, in turn, has impelled the demand for latex gloves across the healthcare and pharmaceutical sectors.
On the contrary, the availability of local and affordable alternatives is expected to hamper business development during the analysis timeframe.
Based on product scope, global disposable latex gloves market is split into non-sterile and sterile. With regards to distribution channel, the industry is bifurcated into off-line and online. Moving further, the application spectrum of the business sphere is categorized into medical, surgical, and others.
Elaborating on the geographical scope, North America holds a substantial portion of the global disposable latex gloves market share, primarily due to high concentration of prominent manufacturers and robust growth of the food & beverages as well as healthcare verticals.
On the other hand, Europe is anticipated to emerge as a major contributor to global disposable latex gloves industry remuneration and is touted to register the highest growth rate over 2020-2027. Rapid growth in the automobile sector, along with imposition of new industry standards regarding worker safety are contributing to the regional market expansion.
Established companies operating in this business space are Kanam Latex Industries Pvt. Ltd., Amkay Products Pvt. Ltd., B. Braun Holding Gmbh & Co. Kg, Sara Healthcare Pvt. Ltd., MRK Healthcare Pvt. Ltd., Asma Rubber Products Pvt. Ltd., GPC Medical Ltd., Lars Medicare Pvt. Ltd., Lenora Glove Pvt. Ltd., and RFB Latex Ltd.