Disposable Gloves Market
Medical Device

With CAGR of 14.5% Disposable Gloves Market expected to grow by 2028.

Disposable gloves are used in the healthcare industry to prevent the chances of contamination between the patients and the physicians. These gloves are made of different materials like latex, nitrile rubber, polyisoprene, polyvinyl and neoprene, and others. Surgical gloves are available in two forms powdered and powder-free. The powder used in the gloves is cornstarch powder, lycopodium powder, and talc, which are used to avoid sweating and lubricate the gloves making them easy to use. Powder-free gloves are used in sensitive surgeries and are also used by people allergic to powder. Surgical gloves are available in various sizes, thus offering precision in surgeries. Surgical gloves are of higher standards and highly sterile, as per the application and end use.

Top Glove Corporation Bhd and Kossan Rubber Industries Bhd – Notable Market Players in Disposable Gloves Market

Leading companies operating in the disposable gloves market have undertaken various organic growth strategies. The disposable gloves market is majorly comminated by B Braun Melsungen AG; RUBBEREX; Sempermed; Cardinal Health, Inc.; Kossan Rubber Industries Bhd; Supermax Corporation Berhad; Hartalega Holdings Berhad; Top Glove Corporation Bhd; Ansell Ltd.; and Molnlycke Health Care AB, amongst others. The companies have been implementing various strategies that have helped their growth and, in turn, brought about several breakthroughs and transitions in the industry. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreover, the market players have also deployed several utilized inorganic strategies, including mergers & acquisitions, partnerships, and collaborations.

Below are the major growth strategies undertaken by the players operating in the global Disposable Gloves market:

Year News
Oct-2020 Molnlycke celebrated World Handwashing Day with the global launch of the Biogel PI UltraTouch S surgical disposable glove, which can address the problem of allergic contact dermatitis among surgical teams.
Sep-2020 Supermax Bhd’s unit Maxter Glove Manufacturing Sdn Bhd acquired two tracts of land measuring about 216,142 sq. ft. for the construction of its operations headquarters for US$ 18 million cash.
Aug-2020 Hartalega Holdings Bhd has acquired a 60.57-acre piece of land in Labu, Sepang, Selangor for US$ 40 million to build additional glove manufacturing facilities, which are expected to increase installed capacity by 19 billion pieces per year.
May-2020 RUBBEREX announced plans to expand its production capacity of disposable nitrile gloves in order to fulfill the increasing demand from consumers. Build up area of the current factory was expected to increase to 110,000 sq. ft., and five additional double former lines will be installed for production. In the next three years company is expected to raise the production of disposable nitrile gloves up to 5 billion pieces by 2023.

 

Leave a Reply

Your email address will not be published.