Disposable Gloves Market Overview
The Disposable Gloves Market, from the recent research reports, is anticipated to grow USD 547.8 million in 2021 and is projected to grow from USD 599.29 Million in 2022 to USD 1123.98 million by 2030 with a compound annual growth rate (CAGR) of 4.72%.
Disposable gloves are known as a utility for protecting a person against different types of infections. These gloves find their application in many types of industries such as healthcare, chemical, food, etc. if we look at the term disposable it is clear that the use of gloves is based upon the ‘use and throws’ concept. Disposable gloves come in two forms powdered and powder-free. Gloves named Bio green Biodegradable Nitrile Gloves were launched by Top Glove Corporation BHD in 2019. The gloves made up of nitrile material have high chemical resistance and puncture in comparison to gloves made up of rubber and vinyl.
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Market Segmentation
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Regional Analysis
If we look at disposable gloves market share and other details, this industry is remarkably working in five major regions of the world that is Asia Pacific, Europe, North America, South America, and Middle East & Africa. During the forecast period, the North American region will dominate this market due to the presence of a massive flourishing healthcare industry in the region which in turn will generate noteworthy revenue every year (2020-2027). Also, the chemical industry which is growing at a linear pace and will uplift the growth of the market to a great extent is another reason why the North American region will dominate this market. The European region will also witness significant growth due to an increase in the number of chemicals, food, and equipment industries getting established in this region.
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