Disposable Gloves Market: Snapshot
Disposable gloves are gloves that we use one-time and then discard. The main motive of these gloves is to protect hands in diverse applications including chemicals, medicines, and reactive unhygienic materials. Further, disposable gloves find major use in health industry. Dentistry, examinations, and surgeries are wide areas where disposable gloves are important. Cost-effectiveness and disposable nature are some of the key reasons that work as a driving factor for the growth of the global disposable gloves market.
On the basis of end-users, the global disposable gloves market is segmented into food and beverages, medical, metal fabrication, agriculture, chemicals, and automotive. The market is expected to gather promising revenues due to numerous application sectors of these products. It is projected to demonstrate vigorous growth at stunning CAGR of around 6.3% between 2018 and 2026.
You will get Custom Report at Syndicated Report price, Buy Now
Growing Inclination toward Hygiene Maintenance Triggering Demand for Disposable Gloves
In recent times, people are more conscious about their health. At the same time, there is swift rise in numerous infectious diseases. This has compelled them to maintain the hygiene while handling food products to avoid microbial activities. All these factors are responsible for continuous increased demand for disposable gloves during upcoming period. Depending on material used, the global disposable gloves market is segmented into vinyl, natural rubber, neoprene, and nitrile.
Get More Press Releases by TMR: https://www.prnewswire.com/news-releases/artificial-intelligence-market-valuable-applications-for-host-of-functions-across-a-spectrum-of-industries-extends-lucrative-growth-opportunities-explains-worth-predicted-to-surpass-us-2-8-bn-by-2030—tmr-301282109.html
Vendors working in food industry are now required to follow stringent regulations introduced by the government bodies. Key reason behind this move by governments is to avoid disease spread through food products. This situation has compelled companies in food industry to follow food safety norms, which has triggered the demand for disposable gloves in this sector. Growing population and rising disposable income are some of the important reasons stimulating the disposable gloves market growth.
Disposable Gloves Market: Natural Rubber Remains Appealing in Emerging Markets
The disposable gloves market is segmented into various materials. Among these, the natural rubber is emerging as a clear-favorite among end-users. Natural rubber provides a cost-effective and highly reliable application. Additionally, the growing manufacturing activity in emerging nations are leading to rising demand for natural rubber, where it continues to gain traction. The nitrile-based disposable gloves are also expected to register significant growth in the near future. It is expected to witness a major rise as its alternative – the latex gloves face stringent regulations in major markets like the EU and North America. Hence, nitrile gloves are expected to become more popular in food and beverage, medical, and automotive in the near future. Their bio-degradable and eco-friendly nature are expected to drive considerable growth in the disposable gloves market in the near future.
Disposable Gloves Market: Food Industry Emerges as the Largest End-User
The disposable gloves market serves various end-uses including chemicals, automotive, household cleaning, and food and beverage industry. Among these, the food and beverage is expected to emerge as the highest end-user during the forecast period. The growing population, rising disposable income, and rising demand are expected to drive growth of the disposable gloves market during 2018-2026. Stringent regulations in the food industry due to recent outbreaks, and rising demand for food products, and growth of e-commerce are expected to open new opportunities in the market. Moreover, the disposable gloves market is expected to rise due to growing demand for motor oil, battery acid, and radiator coolant applications in the automotive industry. Additionally, power steering and brake fluids in cars are also expected to further growth in the disposable gloves market.
To gauge the scope of customization in our reports, Ask for a Sample
Disposable Gloves Market: North America to Register Astounding Growth
The disposable gloves market is divided into several regions including North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. Among these, North America region is expected to register remarkable growth in the near future. The disposable gloves market is expected to grow at 39.2% CAGR during 2018-2026. Recently, the region has witnessed several outbreaks like SARS and H1N1. These outbreaks have led to rise in awareness about hygiene. Additionally, key health related entities such as OSHA continue to take initiatives to promote safe and hygienic practices at workplaces. Furthermore, globally, countries are spending a larger proportion of budgets on healthcare. This is expected to create several new opportunities for growth in North America region.