At 14.5% CAGR, the Disposable Gloves market is estimated to accumulate US$ 21,400.12 million by 2028, says The Insight Partners

According to our new research study on "Disposable Gloves Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Material and Type," the market is expected to grow from US$ 8,278.81 million in 2021 to US$ 21,400.12 million by 2028; it is estimated to grow at a CAGR of 14.5% from 2021 to 2028. On the basis of volume, 399,092 million units of disposable gloves were sold in 2021, with 1,061,030 million units expected to be sold globally by 2028, growing at a CAGR of 15.0%. The report highlights the trends prevailing in the disposable gloves market and the factors driving its growth. The growing burden of healthcare-associated infections, the rising adoption of nitrile gloves for industrial use, and the increasing number of surgical procedures sources propel the demand for disposable gloves. However, the shortage of gloves hampers the market growth.

Based on material, the disposable gloves market is segmented into natural rubber, nitrile, neoprene, polyethylene, and others. The nitrile segment held the largest market share in 2021 in terms of both revenue and volume and is expected to retain its dominance during the forecast period. Derived primarily from Acrylonitrile Butadiene Copolymer (NBR), nitrile gloves have rapidly replaced natural rubber gloves due to their similar properties to natural rubber along with other additional properties which can be manipulated such as anti-allergic nature, comfort in wearing, better strength and durability.

However, in terms of revenue, the natural rubber segment is expected to register the highest CAGR during 2021–2028.

Several players in the disposable gloves market are engaged in meeting the growing demands for disposable gloves. B Braun Melsungen AG; RUBBEREX; Sempermed; Cardinal Health, Inc.; Kossan Rubber Industries Bhd; Supermax Corporation Berhad; Hartalega Holdings Berhad; Top Glove Corporation Bhd; Ansell Ltd.; Molnlycke Health Care AB are among the leading companies operating in the disposable gloves market.