Wednesday, February 1, 2023

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Free Press Release Key Insights on Competitive Landscape in Global Disposable Gloves Market: Ken Research

Key Insights on Competitive Landscape in Global Disposable Gloves Market: Ken Research

Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite Presence of about 200 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Disposable Gloves Market by Ken Research.

Gloves are pieces of clothing that cover a part of our hands. These are use-and-throw products, which can reduce the spread of infection. Natural rubber latex, nitrile, and vinyl are the widely used varieties of disposable gloves. Although Disposable gloves are majorly used in the healthcare industry, including hospitals, clinics, Dental, EMS, and others, since the outbreak of the Covid19 pandemic, awareness of disposable gloves has spread across other industries as well. Many such industries have started using gloves as a mandatory precaution, including the food processing industry, restaurant chains, chemical industry, automobile aftermarket, and more.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Who Comprise 10% in Terms of Number of Competitors Hold Dominant Revenue Share

Competitive Analysis by the research study found that the Global Disposable Gloves Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in disposable gloves manufacturing and distributing for specific segments. The large global players, even though comprise just about 10% in terms of the number of companies, hold ~40% of the market revenue share followed by regional players which account for ~35% of the market revenue. Most of the country-niche players are having their headquarters in Malaysia, Asia Pacific region.

Global Disposable Gloves Market

Specialist Players within Global Disposable Gloves Market Earn a Major Chunk of their Overall Revenues from this Segment

Detailed Comparative Analysis of Key Competitors done within the research study revealed that for specialist players such as Kossan Rubber, and Rubberex, the companies’ gloves businesses generate ~88% and ~95% of their global revenues. While for diverse players these can be anywhere in the range of 50% to 60% as per the analysis done in the study on the Global Disposable Gloves Market. All leading global competitors are having a strong presence in the Global Disposable Gloves market and offer comprehensive Disposable Gloves solutions to all major industries including healthcare, clinics, dispensaries, food processing, chemical factor, and any other industrial site.

Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTc0

  • In April 2022, Ontario London Government invested in constructing 120,000 square foot facility that would manufacture medical-grade nitrile gloves. Manikheir Canadar Inc., under this contract, would manufacture approximately 500 million medical-grade nitrile gloves annually for up to 10 years.
  • The Department of Defense in collaboration with the Department of Health and Services awarded various contracts that amounted to US$226.3 million to companies for manufacturing nitrile and medical gloves.

Global Disposable Gloves Market Size

During and Post-COVID Pandemic, Gloves Gained a Huge Market due to the Rapidly Spreading Covid19 virus and Increasing Awareness among Peoples

The pandemic helped the disposable gloves market to grow. Analysis of the latest available industrial data shows that sales volume growth for nitrile disposable gloves saw an improvement of 23.6% from 2020 to 2021, with approximately 1.2 billion pieces sold in 2021 versus 970.5 million pieces in 2020. Also, the average glove selling price increased from US$53/1000 pieces to US$73/1000 pieces from 2020 to 2021. Gloves are an important component of the PPE (Personal Protective Equipment) kit. As per the UNICEF reports, since the start of the pandemic, UNICEF has shipped more than 653.4 million items of PPE to 140 countries as part of its Covid19 response programs.

Increased adoption of Disposable Glove Globally Leading to Major Industry-Wide Developments, Acquisitions, Collaborations, and Deal-Wins

  • In March 2022, American Nitrile, LLC, announced a strategic partnership with Orion Infrastructure Capital (OIC) to construct its manufacturing facility in Grove City. Under this agreement, OIC will provide US$105 million to support the completion of 12 production lines with an aggregate capacity of 3.6 billion nitrile gloves per year.
  • In March 2021, Hartalega Holdings Bhd planned to invest US$1.7 billion to build 16 new manufacturing plants over the next 20 years. Hartalega currently operates with 12 manufacturing units and aims to increase the annual production of gloves by 95 billion by 2027.

Key Topics Covered in the Report: –

  • Snapshot of Global Disposable Gloves Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Disposable Gloves Market
  • Historic Growth of Overall Global Disposable Gloves Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of Global Disposable Gloves Industry
  • Overview, Product Offerings, and SWOT Analysis of Key Competitors
  • Covid 19 Impact on the Overall Global Disposable Gloves Market
  • Future Market Forecast and Growth Rates of the Total Global Disposable Gloves Market and by Segments
  • Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
  • Analysis of Global Disposable Gloves Market
  • Major Production / Consumption Hubs in the Global Disposable Gloves
  • Major Production/Supply and Consumption/Demand Hubs in Each Major Regions
  • Major Region-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Profiled in the Report: –

  • Ansell Ltd
  • Hartalega
  • Top Glove Bhd
  • Rubberex
  • Kossan Rubber Industries
  • Cardinal Health Inc
  • Sempermed
  • Sri Trang Gloves
  • Care Plus
  • Supermax Corporation Berhad
  • Synthomer Plc
  • Comfort Rubber Gloves Industries

Notable Emerging Companies Mentioned in the Report: –

  • Cullinan Gloves
  • Sara Health Care Pvt Ltd.
  • Amkay Products Pvt Ltd.
  • Medlis Healthcare Pvt Ltd
  • Anhui Tianyuan Latex Technology Co.
  • Dentopia Sdn Bhd.
  • American Nitriles
  • LifeMedz

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:-

  • Disposable gloves manufacturer companies
  • Disposable gloves distributors
  • Disposable gloves material supplier companies
  • Potential investors in disposable gloves companies
  • Disposable gloves association
  • Utilities sector organizations
  • Healthcare sector companies
  • PPE manufacturing companies
  • Research & development institutes
  • PE and VC Firms in Healthcare
  • Consulting companies in the health and hygiene sector
  • Disposable gloves component providers
  • Nitrile and latex gloves manufacturers
  • Government and research organizations
  • Investment banks & funds
  • Investors and financial community professionals
  • Healthcare Regulatory Authorities

Time Period Captured in the Report: –

  • Historical Period: 2019-2021
  • Forecast Period: 2022-2030F

For more insights on the market intelligence, refer to the link below: –

Global Disposable Gloves Market: Ken Research

RELATED ARTICLES

Global Wax Market is expected to reach a market size of US$ 14 billion by 2028 growing with a CAGR of 5%: Ken Research

Buy Now What Is the Size of Global Wax Industry? Global Wax market is growing at a CAGR of ~% in 2017-2022 and is expected to...

Global Cloud Gaming Market Growth Rate, Outlook, and Revenue Forecast 2022–2028: Ken Research

Buy Now Global Cloud Gaming Market by End-User The Global Cloud Gaming market is segmented by End-User into Casual Gamers, Avid Gamers and Hardcore Gamers. Hardcore gamers...

Philippines Medical Education Market is in Growing Stage, driven by its Quality Education & increasing popularity

Buy Now Philippines Medical Education is one of the Finest especially in terms of cost of the Course as well as other Medical...

Most Popular

Global Hand Dryers market expected to record a CAGR of ~8% during the forecast period (2017-2028): Ken Research

Buy Now What Is The Size Of Global Hand Dryers Industry? Global Hand Dryers market is growing at a CAGR of ~% in 2017-2022 and is...

Global Wax Market is expected to reach a market size of US$ 14 billion by 2028 growing with a CAGR of 5%: Ken Research

Buy Now What Is the Size of Global Wax Industry? Global Wax market is growing at a CAGR of ~% in 2017-2022 and is expected to...

Global Silicone Sealants market revenue to reach US$ 7 Bn by 2028: Ken Research

Buy Now Global Silicone Sealants Market By Geography The Global Silicone Sealants market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Asia Pacific...

South Korea Used Car Market is currently in its Growing Stage Owing to low unemployment rate & increasing need for personal vehicle: Ken Research

Buy Now 1. The Used Car Industry in South Korea is growing at CAGR of 1% Basis Volume, with Brands Competing Intensely on Value Added...