The global nitrile gloves market size was US$ 6.1 billion in 2021. The global nitrile gloves market is forecast to grow to US$ 21.0 billion by 2030 by registering a compound annual growth rate (CAGR) of 11.6% during the forecast period from 2022 to 2030.
Nitrile gloves are used to enhance protection against chemicals, cuts, and abrasions. In addition, these gloves are widely used by medical practitioners to save themselves and patients from infections and bloodborne pathogens.
Factors Influencing the Market
The booming healthcare industry is primarily driving the growth of the global nitrile gloves market. In addition to that, rising investments in the sector by both public and private bodies will contribute to market growth.
The global nitrile gloves market is also driven by the increasing population and rising geriatric population. Furthermore, growing consumer spending on healthcare will boost the demand for nitrile gloves during the study period.
The increasing prevalence of infectious diseases, such as the COVID-19 virus, will also upsurge the demand for nitrile gloves. Furthermore, the benefits of nitrile gloves, such as long shelf life, less friction, and puncture resistance, will spur their demand during the study period.
Growing awareness related to latex allergies will also benefit the nitrile gloves market during the forecast period.
COVID-19 Impact Analysis
The wake of the COVID-19 pandemic has spurred the demand for nitrile gloves from all the segments. Apart from the healthcare industry, food, retail, aviation, and other sectors started using gloves to prevent themselves from the wake virus. As a result, it upsurged the demand for nitrile gloves.
Regional Analysis
North America is forecast to dominate the nitrile gloves market, majorly due to high healthcare expenditure. Furthermore, increasing the elderly population and rising awareness about necessary precautions will also contribute to the growth of the nitrile gloves market. The market may also witness a significant spur in demand due to increasing requirements for highly effective protective gloves. Furthermore, workers in almost every industry, such as food & beverage, metal manufacturing, oil & gas, automotive, and chemical industry, use nitrile gloves to protect the workforce from injury or infection. As a result, it will drive the market forward even in the coming years.
The Asia-Pacific market for nitrile gloves is expected to grow at a rapid pace due to improving hygiene and safety standards. Furthermore, the booming medical & healthcare industry in China, will bring ample growth opportunities for the market during the study period.
Competitors in the Market
Market Segmentation
The global nitrile gloves market segmentation focuses on Type, Product, End-Users, and Region.
Type Outlook
End-use Outlook
By Regional Outlook
