The gloves industry is experiencing growth due to a heavy
demand from the healthcare sector owing to the need for PPE kits, the surge in
concerns related to safety and hygiene, the upsurge in rubber production, the
increase in the number of end users, and technological advancements in the
gloves manufacturing process. According to the latest research report published
by Allied Market Research, the global gloves market is projected to
portray a notable CAGR throughout the forecast timeframe.
Top market players in this sector are employing growth
tactics such as new product development, agreements, partnerships, launches,
approval, and mergers & acquisitions. With rising consumer awareness of
environmental issues, there is a growing need for gloves constructed from
environmentally friendly and sustainable materials. Biodegradable or reusable
gloves made up of natural fibers or materials derived from plants could gain
market traction.
Medical gloves, specifically nitrile, latex, and vinyl
gloves, are essential in healthcare environments for protecting both healthcare
staff and patients from possible infections. The COVID-19 pandemic increased
demand for medical gloves dramatically, generating supply chain issues.
Moreover, gloves are used in the manufacturing industry to protect workers when
they handle chemicals, materials, and machinery. Specific industrial needs are
met by different types of gloves, such as leather, cut-resistant, and
chemical-resistant gloves.
Manufacturers are analyzing and developing novel glove
materials with better features such as greater puncture resistance, chemical
resistance, and dexterity. These developments may result in gloves that are
more comfortable and durable, improving their utility in a variety of
applications.
The glove sector is mainly segmented on the basis of type,
industry, and region. By type, it is divided into consumer gloves, disposable
sterile gloves, and disposable examination and protective gloves. Based on
industry, the sector is segmented into Horeca, beauty, pharmaceutical,
automotive, construction, medical, cleaning, food and drinks, chemical, electronics,
and others segments.
COVID-19 Impact Analysis:
The outbreak of COVID-19 had a positive impact on the global
gloves industry owing to the increase in demand for PPE kits including gloves,
as healthcare sectors, businesses, and individuals tried to protect themselves
from the viral infection. It is important to note that the COVID-19 impact on
the gloves business was volatile and evolved as the pandemic advanced and new
variants appeared.
The pandemic encouraged manufacturers to innovate and
develop new glove technologies, including antimicrobial coatings and better
barrier qualities, to satisfy the evolving demands of medical professionals and
other glove users.
Recent Developments in the Global
Gloves Industry:
- AMD
Medicom, Inc., Declared Its Latest Nitrile Glove Manufacturing Unit in
London: 26th April 2022, a
leading manufacturer and distributor of PPE kit, “Medicom” declared their
new subsidiary Manikheir Canada, that will manufacture nitrile gloves.
This expansion was made possible by a collaboration with the Ontario
government, which made an agreement to purchase 500 million locally
produced nitrile surgical gloves each year for its medical facilities.
- Kimberly-Clark
Professional announced the release of Kimtech Opal Nitrile Gloves:
on 18th January 2022, according to the firm, the newly
developed industrial gloves were designed for greater comfort during
continuous wear and high tactile sensitivity. The Kimtech Opal Nitrile
Gloves' thin nitrile structure and creative packing can save wastage by up
to 50%. The gloves also include Low Derma Technology*, a unique skin-protection
technology.
- Globus
has introduced a superior single-use glove collection for industrial and
healthcare: Globus Group, a leading,
creative PPE manufacturer, has created a revolutionary line of single-use
gloves, putting a barrier between hands and daily hazards. Globus Group,
with a strong history of creating high-quality hand shields, has created
this premium, 100% nitrile safety gloves for customers across industries,
which are a symbol of innovation, value, and quality.
Author’s Bio:
Gayatri Mohite is an emerging author who loves to explore
new things. An addiction to reading motivates her to write. She also loves to
sing, travel, and cook. A fresher who is constantly upgrading her skills has
embarked on a new journey to touch up her expertise even more.
Keywords: Gloves
Market, Gloves
References:
https://www.alliedmarketresearch.com/gloves-market-A08867
https://www.alliedmarketresearch.com/press-release/gloves-market.html
Address:
Rachel Lee,
Technical Research Specialist at PSB Insights.
PSB Insights,
American University.
Washington,
District of Columbia, US.
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