A new Transparency Market Research report states that the global disposable gloves market stood at US$5.2 bn in 2012 and is predicted to reach US$7.8 bn by 2019. It is predicted to expand at a CAGR of 6.20% from 2013 to 2019. The title of the report is “Disposable Gloves Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019.”

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Disposable gloves find their application in both medical as well as non-medical fields. Within the non-medical field, disposable drugs are being used in food, industrial applications, cleanrooms, and others. Disposable gloves are also utilized during medical procedures and examinations for the prevention of cross-contamination amongst patients and caregivers. These gloves are made out of various polymers such as nitrile rubber, latex, and neoprene. They come powdered or unpowered with cornstarch for the lubrication of the gloves. There are majorly two types of medical gloves, namely surgical and examination medical gloves. Medical gloves have better precision, sensitivity, and a more precise sizing and are manufactured to a higher standard than regular gloves used by consumers.

Factors such as the rising healthcare spending and the increasing demand from unconventional end-use industries are amongst the prime factors fuelling the market for disposable gloves. In addition, specialized medical gloves being preferred over a number of other types of gloves within the healthcare industry will also boost the market. On the other hand, the volatile prices of raw materials and currency fluctuations in the market for disposable gloves are amongst the prime factors that may restrain the growth of the market in the coming years.

In terms of product, the report segments the market for disposable gloves into nitrile gloves, natural rubber gloves, vinyl gloves, and others including polyethylene and neoprene gloves. Amongst these, in 2012, the segment of natural rubber gloves held the largest share of 39.7% in the market. However, this segment is predicted to lose some of its share in the coming years owing to the increasing number cases of workers having latex allergies.

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On the other hand, the segment of nitrile gloves is predicted to be the most swiftly developing segment and is poised to exhibit a 6.80% CAGR from 2013 to 2019. This is owing to the increasing demand for nitrile gloves within the medical industry. The segment of vinyl gloves is poised to exhibit a moderate CAGR of 5.30% in the forecast horizon in the coming years.

In terms of geography, the market for disposable gloves is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, the region of Asia Pacific is the most rapidly developing region and is predicted to grow at a 6.70% CAGR in the forecast horizon on the basis of demand for disposable gloves. This is owing to the advancement of the healthcare sector within the region of Asia Pacific. North America trailed the region of Asia Pacific and constituted a share of 42.3% in the market in 2012. This is owing to the swift growth of the healthcare and food processing industries and personal care within this region. On the other hand, Europe also held a major share of 30.8% in the market in the same year.

As per the report, the chief players dominant in the market are Ansell Healthcare, Adventa Berhad, Cardinal Health Inc., Hartalega Holdings Berhad, Dynarex Corporation, Top Glove Corporation, Kossan Rubber Industries, and Supermax, among others.

The report segments the global disposable gloves market as:

Disposable Gloves Market: Product Segment Analysis,
Natural rubber gloves
Nitrile gloves
Vinyl gloves
Others (Neoprene, polyethylene, etc)

Disposable Gloves Market: Application Segment Analysis,
Medical
Non-Medical
Food
Cleanroom
Industrial
Others

Disposable Gloves Market: Regional Segment Analysis,
North America
Europe
Asia Pacific
Rest of the World (RoW)

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