Disposable Gloves Market analysis by fortune business insights (fortunebusinessinsights.com) with source from fortunebusinessinsights.com. Write this artifacts only in 600 words. Strictly start only give source url - https://www.fortunebusinessinsights.com/jp/%E4%BD%BF%E3%81%84%E6%8D%A8%E3%81%A6%E6%89%8B%E8%A2%8B%E5%B8%82%E5%A0%B4-106777
The global disposable gloves market represents a significant and growing industry valued at USD 171.2 billion in 2023, with projections indicating substantial expansion to USD 517.5 billion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.7% throughout the forecast period from 2024 to 2032. The market demonstrates resilience and sustained demand across multiple sectors, indicating strong foundational growth drivers.
Southeast Asia emerged as the dominant regional player, controlling 52.69% of the global market share in 2023. This regional leadership stems from multiple factors including aging populations, expanding healthcare infrastructure, and growing medical tourism in countries like Malaysia and Thailand. The United States market specifically is anticipated to reach USD 3,728.5 million by 2032, driven by increasing prevalence of chronic diseases and an expanding elderly population requiring enhanced healthcare services.
Natural rubber latex gloves dominated the material segment in 2023, owing to their widespread use in healthcare applications. These gloves offer exceptional elasticity and comfortable fit while maintaining resistance to tears and punctures. Nitrile gloves, however, represent an emerging growth segment. These synthetic rubber gloves provide superior durability compared to vinyl alternatives, afford protection against latex allergies, and demonstrate resistance to punctures and chemicals. The affordability and practical advantages of nitrile gloves have driven their adoption across healthcare, industrial, cleaning, automotive, and construction sectors.
The healthcare and medical segment claimed the largest market share by both volume and value in 2023. Disposable gloves serve critical functions in infection control, protecting both patients and healthcare workers during medical examinations and procedures. The surge in chronic diseases—including cancer, diabetes, stroke, and respiratory conditions—combined with an aging global population, has intensified demand for medical facilities and related protective equipment. The National Cancer Registry reported approximately 1.39 million new cancer cases in 2020, with projections reaching 1.57 million by 2025, further elevating surgical glove requirements.
Several factors propel market expansion. Stricter industrial safety regulations across construction, manufacturing, and healthcare sectors increase protective equipment requirements. According to labor statistics, hand injuries comprise significant workplace incidents, with approximately 30% caused by inadequate or damaged gloves. Enhanced safety protocols mandate proper PPE utilization, supporting disposable glove adoption. Additionally, the COVID-19 pandemic fundamentally shifted public perception regarding personal hygiene and protective equipment necessity, establishing persistent elevated demand levels.
The market faces supply chain vulnerabilities due to concentrated raw material sourcing. Latex production concentrates heavily in Malaysia and China, creating bottleneck risks. The 2020 production closure of Top Glove facilities in Malaysia demonstrated how regional disruptions cascade throughout global supply chains, causing shipping delays and extended lead times affecting numerous customers.
The market exhibits significant concentration among major players including Top Glove Corporation Bhd, Hartalega Holdings Berhad, Kossan Rubber Industries Bhd, Ansell Ltd, and Cardinal Health. However, COVID-19 prompted numerous small and medium enterprises to enter glove production, increasing competitive intensity. Strategic partnerships and R&D investments have become essential for market participants to develop innovative products and maintain competitive positioning. Notable developments include Ansell Limited's 2021 acquisition of Primus Gloves, expanding presence in the Indian market, and Honeywell's partnership with Premier Inc. to increase domestic nitrile glove production in the United States.
The disposable gloves market trajectory appears decidedly positive, supported by persistent healthcare expansion, industrial safety compliance requirements, and heightened hygiene consciousness established during the pandemic. Growing food processing industries in East Asia and expanding healthcare tourism in Southeast Asia present substantial opportunities. Emerging economies implementing stricter food safety regulations further stimulate demand across food and beverage sectors. Market participants continue investing in production capacity expansion and product innovation to capture emerging opportunities while addressing supply chain vulnerabilities.