Disposable Gloves Procurement Intelligence Report, 2023 - 2030
Disposable Gloves Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Disposable Gloves Category Overview
The disposable gloves category is expected to grow at a CAGR of 3.9% from 2023 to 2030. The North American region accounts for the largest category share, while the Asia-Pacific region is anticipated to be the fastest-growing region in the forecast period. Factors such as increasing public-private partnerships in the healthcare sector, enhancing healthcare infrastructure, and expansion of the healthcare industry are driving the growth.
The category is moderately fragmented, with top players striving for market leadership. Along the value chain, major firms have merged to further solidify their market positions. In order to get an advantage over rivals, the global market has seen acquisitions and mergers as well as strategic alliances like technology licensing. In 2022, Japan’s SHOWA Glove Co. got approval for 510(k) from the Food and Drug Administration of the US for single-use nitrile gloves.
Sourcing of the category involves procurement of raw materials and import of the final product from various countries. China, Malaysia, and South Korea are the top exporters of this category. Best sourcing practices such as reaching reputable suppliers, meeting regulatory compliance, obtaining certifications and competitive pricing of the category is pushing players to attain market position.?
Key companies profiled
Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Berhad, Supermax Corporation Berhad, Kossan Rubber Industries Bhd, Ammex Corporation, Kimberly-Clark Corporation, Sempermed USA, Inc, MCR Safety, and Semperit AG Holding