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Showing posts with the label How big is the global glove market

Global Gloves Industry: An Emerging Sector with Revolutionizing Developments

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,