The global disposable gloves market size was US$7.7 billion in 2021 and is expected to reach US$ 24.9 billion by 2030 by growing at a compound annual growth rate (CAGR) of 12.5% during the forecast period from 2022 to 2030.
COVID-19 Impact Analysis
The COVID-19 pandemic surged the demand for disposable gloves because it is one of the convenient ways to prevent the spread of the virus. Due to the pandemic, it became necessary for healthcare service providers to take precautions for their safety. Apart from masks and sanitizers, the demand for disposable gloves accelerated to offer efficient healthcare services without the risk of virus spread. Moreover, the pandemic has raised awareness regarding regular precautions to maintain a healthy environment. Thus, the global disposable gloves market would grow rapidly post-pandemic.
Factors Influencing
Regional Analysis
Regionally, North America is forecast to hold the highest share in the global disposable gloves market. The market is witnessing the growing adoption of disposable gloves by the food domain, mainly due to the growing awareness related to health and infection. Moreover, the growing prevalence of infectious diseases is driving the growth of the global disposable gloves market.
Asia-Pacific region is forecast to emerge as the highest contributor, owing to the presence of prominent industry players, increasing population, rising prevalence of infectious diseases, and growing food industry in the region. Apart from that, increasing healthcare expenditure and stringent government regulations are forecast to contribute to the growth of the market during the forecast period. The Asia-pacific region, mainly China and India were highly affected by the COVID-19 epidemic. Thus, it has raised awareness about health and a healthy environment. As a result, it offered prominent growth opportunities to the market players in the global disposable gloves market.
Market Segmentation
By Type
By Application
By Region
Competitors in the Market