SeattleAnd the June 20 2022 /PRNewswire/ – According to Coherent market insightsGlobalism Disposable glove market valued at 9553.9 USD million In 2022, it is expected to display a Compound annual growth rate of 13% During the forecast period (2022-2030).
Key trends and analysis universal disposable gloves Market:
Key market trends include increased involvement of regulatory government organizations in transforming the healthcare and medical field through new research and development activities, and an increase in the number of growth strategies by key market players, such as expanding manufacturing facilities to increase glove production.
The major players in the market are focusing on expansion by manufacturing new production units to increase the production of gloves, which is expected to drive the growth of the global disposable gloves market during the forecast period. For example, in May 16 2022GIIB Healthcare Products Sdn Bhd. , a subsidiary of GIIB Holdings Bhd. , that the company has started a new factory for the manufacture of rubber gloves in Nigeri, Sembilan, Malaysia.
The increasing number of growth strategies by the major market players is expected to drive the growth of the global Disposable Gloves market during the forecast period. For example, in September 2021US Medical Glove Company, a US manufacturer of nitrile gloves, announced that the company has increased production capacity to manufacture disposable, non-sterile, powder-free nitrile patient examination gloves. The company used nearly one million square feet to build the nitrile storage capacity.
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Main market takeaway:
Market players focus on growth strategies such as signing distribution agreements with the government of the respective country. This in turn is expected to lead to the growth of the global disposable gloves market. For example, in June 2020Sichuan Medicines & Health Products Import and Export Corporation, announced that the company has signed a distribution agreement with the government Germany To distribute 50 million disposable medical gloves.
Among the kinds of materials, latex is expected to occupy a dominant position in the world Expendable gloves market During the forecast period, due to the increase in nitrile glove production plants in the market. For example, in March 2021Yanimed, a trademark of Blokkx Ltd. , that the company will invest 90 million US dollars To build a new nitrile glove factory in the United States
between the area, North Amarica It is expected to occupy a dominant position in the global Disposable Gloves market during the forecast period owing to the increasing number of inorganic growth strategies by the major market players in the region. For example, in December 2020Supermax Healthcare Canada Inc. , a subsidiary of the Supermax Berhad Group, announced that the company has launched a “Tendre La Main (Reaching Out)” initiative that aims, as a first step, to provide free personal protective equipment (PPE), medical gloves, masks and other healthcare supplies to non-profit organizations in Montreal And the Quebec.
The major players operating in the global disposable gloves market include Top Glove Corporation Bhd., Kossan Rubber Industries Bhd., Rubberex Corporation (M) Berhad, Ansell Limited, Cardinal Health Inc., Dynarex Corporation, Supermax Healthcare Limited, Amkay Products Pvt. and Dolphin Products Inc. Plasti Surge Industries, Narang Medical Limited, Biomax Rubber Industries Sdn Bhd.
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Global Disposable Gloves Market, By Material Type:
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Global Disposable Gloves Market, By Region:
The Middle East & Africa
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