Latex Gloves Market Overview

As per Stellar Market Research, a global business research and consultancy firm, the total global market for “Latex Gloves Market” was USD 27320.43 Mn. in 2023 and is expected to grow at a CAGR of 13.1% over the forecast period to reach USD 64673.42 Mn. by 2030.

Latex Gloves Market Scope and Methodology

The report offers a comprehensive analysis of the Latex Gloves Market, providing key insights into pricing, investments, expansion plans, and physical presence in the market. The market estimations and growth rates are derived using a bottom-up approach, ensuring accuracy and reliability. A detailed examination is conducted on the drivers, restraints, opportunities, and challenges influencing the Latex Gloves Market. It includes information on the revenue, financial standing, portfolio, technology adoption, merger and acquisition activities, joint ventures, and strategic alliances of the top players in the market. The report also highlights their local market shares, contributing to the competitive environment within the Latex Gloves market. Regional analysis is conducted at local, regional, and global levels, providing a comprehensive understanding of market dynamics. The competitive analysis of the growth models and strategies employed by key players, along with a thorough analysis of their dominant market share and penetration. The report also identifies emerging regions that are expected to become major markets for the Latex Gloves Market.

Both primary and secondary data sources are utilized in the report, enabling a comprehensive analysis with qualitative and quantitative insights. The primary data collection method involves questionnaires and telephonic interviews with market leaders, business owners, and other relevant stakeholders. Secondary research incorporates data from financial reports, annual reports, white papers, and other reliable sources. The report includes SWOT, PORTER and PESTLE analyses, assessing the potential impact of macroeconomic factors on the Latex Gloves Market. SWOT analysis helps identify market threats and weaknesses, while PORTER Five Forces analysis determines the competitive intensity of the industry in the Latex Gloves Market. 

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Latex Gloves Market Regional Insights

The Regional Analysis provides the Latex Gloves market status of various countries are included in the report. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The analysis of the regions is conducted at a local and country level  .The Latex Gloves market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. 

Latex Gloves Market Segmentation

By Type

Powder
Powder-free

The latex gloves market is divided into two types: powder and powder-free. The powder-free rubber gloves category led the latex glove market, accounting for 70.9% of total sales.During the forecast period, the segment is estimated to develop at a CAGR of 15.8%. These rubber gloves are chlorinated, which makes them less form-fitting and eliminates the need for powder for easy wear and removal. Because of their popularity in a variety of industries, including medical, food processing, and chemical, demand for these rubber gloves is expected to rise during the projected period.

The market for powdered rubber gloves is anticipated to expand throughout the forecasted period because the powder facilitates donning and removal, gives a firmer grip,this results in less sweat and moisture inside the gloves. Cornstarch and calcium carbonate are the two most widely used powders. However, health authorities have imposed a number of restrictions on the use of powders in rubber gloves in order to avoid skin irritation.

By Product

Disposable
Durable

The latex gloves market has been divided into two segments based on product type: disposable and durable. The disposable latex rubber glove sector dominated the market, accounting for 71.2% of sales. During the forecast period, the segment is estimated to develop at a CAGR of 15.1%. Workers in the medical and food processing industries are expected to have high demand for disposable rubber gloves. They must use multiple pairs of rubber gloves for various duties, while disposable gloves are designed to be used once and are inexpensive.

Due to the global outbreak of the COVID-19 pandemic, the demand for disposable rubber gloves has surged dramatically since 2020, increasing demand for Personal Protective Equipment and thereby increasing demand in the Latex Gloves market. To avoid cross-contamination, healthcare workers are now only using disposable gloves once.
Rubber gloves are designed to resist harsh use in the oil & gas, construction, chemical, and automotive industries. They may be reused multiple times and offer durability, strength, reduced waste generation, and other environmental advantages. Furthermore, these rubber gloves are thicker than disposable gloves, offering enhanced tear resistance and improved hand safety.

By Material

Latex
Neoprene
Nitrile
Others

By Distribution channel

Physical
Online

By End-use

Automotive
Medical & Healthcare
Oil & gas
Food & Beverage
Metal & machinery
Chemical & petrochemical
Pharmaceutical
Cleanroom
Others

Latex Gloves Market Key Players

Ansell Ltd. (US)
Top Glove Corporation Bhd (Malaysia)
Hartalega Holdings Berhad (Malaysia)
Unigloves Limited (UK)
The Glove Company (Australia)
MAPA Professional (France)
Cardinal Health (US)
Top Glove Corporation Bhd (Malaysia)
Kossan Rubber Industries Bhd (Malaysia)
Supermax Corporation Berhad (Malaysia)
Clean Q Grip (Malaysia)
SHIELD Scientific (The Netherlands)
Rubber (Malaysia)
Dynarex Corporation (US)
Semperit AG Holding (Vienna, Austria)

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Key questions answered in the Latex Gloves Market are:

• What is Latex Gloves?
• What was the Latex Gloves market size in 2022?
• What are the different segments of the Latex Gloves Market?
• What growth strategies are the players considering to increase their presence in Latex Gloves?
• What are the upcoming industry applications and trends for the Latex Gloves Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Latex Gloves Market?
• Who are the key players in the Latex Gloves market?
• What major challenges could the Latex Gloves Market face in the future? 
• What segments are covered in the Latex Gloves Market?
• Who are the leading companies and what are their portfolios in Latex Gloves Market? 

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

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About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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