Disposable Gloves Market Share, Scope and Forecast 2024-2029
The global disposable gloves market size was valued at USD 23.03 billion in 2021. The market is projected to grow from USD 26.82 billion in 2022 to USD 44.64 billion by 2029, exhibiting a CAGR of 7.5% during the forecast period.
This information is provided by Fortune Business Insights, in its report, titled, “Disposable Gloves Market, 2022-2029.”
COVID-19 Impact:
Augmented Demand from Healthcare Sector to Support Market Growth amid COVID-19
The COVID-19 has interrupted the supply chain and led to global hoarding for the PPE involving disposable gloves among others. During the preliminary phases of the pandemic, demand for disposable gloves and other protective gears rose and prices ascended, owing to supply chain interruptions caused by lockdown guidelines imposed across the world. In order to suffice the unparalleled demand observed during pandemic, numerous companies came forward and retrofitted their production line to manufacture PPE kits for frontline workers.
Report Coverage:
The report offers a holistic review of the market along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving aspects is also mentioned in the report. Step by step, thorough regional analysis is offered. The COVID-19 influences have been added to the report to help investors and business owners understand the threats better. The top players in the market are recognized, and their strategies to bolster the market growth are shared in the report.
Segments:
Natural Rubber Latex Gloves Segment to Hold Considerable Share Owing to Extended Usage in Healthcare Sector
Based on material, the market is segmented into natural rubber latex gloves, nitrile gloves, Polyvinyl Chloride (PVC) gloves, and others.
In 2021, the natural rubber latex gloves segment led the market. Latex gloves are amongst the most expansively used gloves in the market.
Source: https://www.fortunebusinessinsights.com/disposable-gloves-market-106777
