Rubber Gloves Market Is Projected to Grow at a CAGR of 8.2% from 2018 - QY Research

Global Rubber Gloves Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.

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City of Industry, CA -- (SBWire) -- 09/26/2018 --This study researches the market size of Rubber Gloves, presents the global Rubber Gloves sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Rubber Gloves in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Rubber Gloves for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. Rubber gloves, as the name implies, are gloves made of various types of rubbers, either in a combination with other materials, such as textiles, plastics, or only rubber. They cover a wide range of applications, ranging from medical gloves to utility gloves for almost any kind of work. This type of gloves can be supported, meaning they have a rubber coating under a textile or knit underlying layer, or unsupported, meaning they are made of rubber only.

The most common application for rubber gloves is chemical protection while working with dangerous substances such as oils, acids or hazardous solvents. They can also be worn during dishwashing, as they can protect the skin and hands from the detergent. Rubber gloves can also be used while working in care center when treating young children or older people, specifically when dealing with fecal matter or urine. The technical barriers of rubber gloves are relatively low, and the rubber gloves market concentration degree is lower. The supply of the rubber gloves is concentrated in the China and Southeast Asia regions such as Malaysia, Indonesia and Thailand. The four countries totally produce about 95% of the total rubber gloves in 2017.

Driven by the global annual consumption of medical examination and surgical gloves from the healthcare industries, as well as the greater demand of cleanroom gloves from manufacturing industries, the demand of rubber gloves is largely concentrated in the developed countries. USA, Europe and Japan are dominating the market consume, with more than 74% sales share in these three countries, although they only make up around 20% of the world total population. However, in recent years, China, India, and other developing countries are catching up, as their populations grow rapidly and expenditure on healthcare also sees an upward trend. It is thus believed that the future growth of the market will be mostly driven by the developing countries.

The industry can be further classified as Natural Rubber (NR) gloves and Synthetic Rubber (SR) gloves. Latex rubber gloves were once the most popular type of rubber gloves in the market. However, they have been gradually substituted by different types of synthetic rubber gloves because people get allergic to latex rubber. In 2017, Nitrile Gloves takes more market share, with about 46.49% and 106126 Million Pieces output. In 2018, the global Rubber Gloves market size was 4470 million US$ and is forecast to 8370 million US in 2025, growing at a CAGR of 8.2% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Rubber Gloves.

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This report includes the following manufacturers; we can also add the other companies as you want.

Top Glove

Kossan

Supermax

Hartalega

Sempermed

YTY Group

Tan Sin Lian

Riverstone

Rubbercare

Ansell

Market Segment by Product Type

Natural Rubber Gloves

Nitrile Gloves

Market Segment by Application

Household

Industrial

Healthcare

Market size split by Region

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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