Rubber Gloves Market worth USD 83,909.1 million by 2027

The Market Statsville Group (MSG) publishes the new report on the "Rubber Gloves Market by Type Outlook (Powdered and Powder Free), by Product (Disposable and Reusable), by Material (Latex, Nitrile, Vinyl, and Others), by End-Users (Healthcare, Food and Beverage, Automotive, Machinery, and Others), by Region – Global Share and Forecast to 2027". The global rubber gloves market size is expected to grow from USD 33,989.9 million in 2020 to USD 83,909.1 million by 2027, at a CAGR of 12.2% during the forecast period. Healthcare plays a vital role in the rubber gloves market since wearing gloves protects patients and healthcare workers from infection. Maximum doctors and health professionals prefer latex or nitrile rubber gloves because latex is made from rubber, natural material, and nitrile is a man-made rubber that helps protect hands from bacteria, pathogens, and other environmental contaminants are used in chemical handling and cleaning solutions. In addition, the rise in the number of government hospitals, institutes, and health centers in developed and developing nations such as academic health centers in America and primary health centers & community health centers in India led to an increase in demand for rubber gloves. However, the above trends and rise in healthcare infrastructure drive the growth of the rubber gloves market. Moreover, a surge in hygiene care in hospitals led to an increase in the consumption of rubber gloves by sweepers and nurses, which tends to boost the growth of the rubber gloves market.

Global Rubber Gloves Market Segmentation

The overall rubber gloves market has been segmented into type, product, material, end-users, and region.

• By Type Outlook (Powdered and Powder Free)
• By Product (Disposable and Reusable)
• By Material (Latex, Nitrile, Vinyl, and Others)
• By End-Users (Healthcare, Food and Beverage, Automotive, Machinery, and Others)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Disposable segment, by product, is estimated to hold the largest market share during the forecast period

The global rubber gloves market is classified into disposable and reusable depending on the product. The disposable segment was the highest contributor, with 66.4% of the market share. Disposable gloves are used one time and for general hand protection. These gloves are available as polyethylene gloves, latex gloves, neoprene gloves, vinyl, and nitrile gloves. They are used in food & catering, hospitals, laboratories, dentists, and other medical applications.

Disposable gloves are the most consumable ones in the rubber gloves segment. The rise in demand for disposable gloves in food & catering, spa & saloons, photochemistry, automotive and healthcare sector, and others is expected to drive the growth of the rubber gloves market during the forecast period. Disposable gloves are natural, biodegradable, super-elastic, comfortable, tactile sensitive, and safe for extended use; however, the mentioned application acts as the growth factor and fuels the demand for rubber gloves. In addition, disposable gloves are cost-effective and skin-friendly, resulting in a surge in demand for disposable gloves in the upcoming years. Moreover, disposable gloves can be used in daily life. There is an increase in the demand for these gloves attributed to the COVID-19 pandemic.

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North America accounts for the largest market share in the rubber gloves market 2020

Region-wise, the global rubber gloves market is analyzed across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2020, North America accounted for the highest market share of 38.9% in the global rubber gloves market and was anticipated to maintain its dominance throughout the forecast period. The countries contributing to North America rubber gloves market revenue include the U.S., Canada, and Mexico. The U.S. has the second-largest automobile industry and one of the largest pharmaceutical industries globally; however, North America is one of the largest consumers of rubber gloves. In addition, a surge in population and hygiene awareness and the pace in the geriatric population in the region leads to an increase in the number of surgeries. This surges the demand for rubber gloves in the region. Major players operating in North America include Ansell, AMMEX, Carolina, and others.

A rise in demand for hospital & medical services, hygiene products, mechanical products, and laboratories is expected to drive the growth of the rubber gloves market in North America during the forecast period. According to the U.S. Bureau of Labor Statistics, in 2020, the rise in the COVID-19 outbreak significantly fostered the growth of the rubber gloves market by more than 50.0%, and North America is still one of the largest continents for the gloves market. Moreover, according to the U.S. Bureau of Labor Statistics, in 2018, workers must wear gloves and PPE on construction sites and mechanical or steel industries. It states that about 23.0% of injuries occurred due to the absence of rubber gloves. Furthermore, North America is the largest continent in healthcare and pharmaceutical research & developments so, extensive demand for rubber gloves from R&Ds acts as the main driver in the growth of the rubber gloves market in North America. In addition, implementing stringent government regulations toward masks increases awareness about hygiene protection through rubber gloves among the people; this, in turn, drives the market's growth during the forecast period.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the rubber gloves market. It also consists of leading companies such as Ansell Ltd., Kimberly Clark Company, Top Glove Corporation Bhd, Supermax Corporation Berhad, Hartalega Holdings Berhad Corporation, Schield Scientific, Atlantic Safety Products Inc., Unigloves (UK) Limited, Kossan Rubber Industries Bhd, and Mapa Professional.

Browse complete report: https://www.marketstatsville.com/rubber-gloves-market

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