Rubber Gloves Global Market Report 2024 - By Report, Size, Share, Demand, Outlook By 2033

The rubber gloves market size has grown rapidly in recent years. It will grow from $22.91 billion in 2023 to $26.48 billion in 2024 at a compound annual growth rate (CAGR) of 15.6%. The growth in the historic period can be attributed to health and hygiene awareness, medical and healthcare industry growth, food industry regulations, occupational safety standards, pandemic preparedness.

The rubber gloves market size is expected to see rapid growth in the next few years. It will grow to $48.8 billion in 2028 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to rising standards in food safety, expansion of the healthcare sector, increased focus on infection control, occupational safety practices, technological innovations in material science. Major trends in the forecast period include expansion of usage beyond healthcare, sustainability initiatives in glove production, customization for specialized applications, strategic partnerships and collaborations, regulatory compliance and quality assurance.

Market Overview -
Rubber glove refer to the protective hand coverings worn to lessen exposure to hazardous or dangerous settings. Rubber gloves are used for multiple purposes as a common household item, such as for cleaning purposes to avoid touching dirt and for personal care to avoid direct contact with sharp or hazardous materials. They provide significant protection from chemicals, hot water, stains, dust, oil, or other substances.

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Rising Usage Of Gloves For Surgeries To Drive Market Growth
An increase in the usage of gloves in numerous surgeries is expected to propel the growth of the rubber glove market going forward. Gloves refer to hand coverings made with a separate part for each finger and for the thumb. Rubber gloves help physicians or surgeons avoid direct contact with body fluids such as blood, urine, feces, mucous membranes, or surgical equipment during surgeries. For instance, in April 2021, according to the statistics published by the American Society of Plastic Surgeons, a US-based plastic surgery specialty organization, a total of $6.9 million in reconstructive surgical procedures were performed, which was 3% more than that performed in 2019, at $6.7 million. Therefore, an increase in the usage of gloves in numerous surgeries is driving the rubber glove market.

Competitive Landscape -
Major companies operating in the rubber gloves market report are Cardinal Health Inc., Honeywell International Inc., 3M Company, Medline Industries Inc., Kimberly-Clark Corporation, Top Glove Corporation Bhd, Halyard Health Inc., Sri Trang Gloves Public Company Limited, Ansell Ltd., Kossan Rubber Industries Bhd, Ammex Corporation, Riverstone Holdings Limited, Supermax Corporation Berhad, Hartalega Holdings Berhad, Mapa Professional GmbH, Lakeland Industries Inc., Superior Gloves Works Limited, Memphis Glove Crews Incorporated, Showa Corp, Kanam Latex Industries Pvt Ltd., Rubberex* Corporation (M) Berhad, Dynarex Corporation, Sempermed USA Inc., Unigloves (UK) Limited, Shield Scientific BV, Atlantic Safety Products Inc., The Glove Company, Medicom Inc., Smart Glove Corporation Sdn Bhd, Clean Q Grip Sdn. Bhd, Uvex Safety Winter Holding GmbH& Co, Acme Safetywears Limited, Longcane Industries Sdn Bhd, RFB Latex Limited, WRP Asia Pacific Sdn Bhd, Comfort Rubber Gloves Industries Sdn Bhd, Latexx Partners Berhad, Southern Glove Inc.

Technological Advancements Driving Innovation In Rubber Gloves Market
Technological breakthroughs are the key trend gaining popularity in the rubber gloves market. Major companies operating in the rubber glove market are focused on technological breakthroughs to strengthen their position in the rubber glove market. For instance, in September 2021, Ansell, an Australia-based manufacturer of protective industrial and medical gloves operating in the rubber glove market, launched HyFlex gloves, which are used in industrial residences to deliver the wearer extra luxury and extraordinary dexterity. The palm-coated finish includes Fortix technology, an Ansell grip technology for enhanced grip, increasing both ease of handling and safety when working with objects coated in or touched by oil.

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Key Segments -
The rubber gloves market covered in this report is segmented -
1) By Type: Powdered, Powder Free
2) By Material: Natural Rubber/Latex, Nitrile, Neoprene, Other Materials
3) By Product: Disposable, Durable
4) By Distribution Channel: Online, Physical
5) By End-User: Medical And Healthcare, Automotive, Oil And Gas, Food And Beverage, Metal And Machinery, Chemical And Petrochemical, Pharmaceutical, Cleanroom, Other End-User

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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