Report Scope & Overview:
Nitrile Gloves Market is valued US$ 9.49 billion in 2022. The nitrile gloves market is predicted to rise at a CAGR of 5.5% to reach a market size of US$ 14.57 billion in 2030. Because of increased knowledge of the benefits of nitrile gloves in the healthcare industry, the nitrile glove market is predicted to rise. Nitrile gloves provide a number of benefits, including being more resistant to chemicals, oils, and acids than natural rubber, as well as being stronger. Because of its elasticity and chemical resistance, nitrile is a good material for general-purpose gloves, according to the University of Pennsylvania's Environmental Health and Radiation Safety unit.
Nitrile gloves market has a longer shelf life, less friction, and are more puncture resistant than latex gloves. Moreover, increased awareness of latex allergies is expected to drive demand for these products over the forecast period. Nitrile gloves are projected to outperform vinyl and latex gloves in terms of puncture and chemical resistance.
Medical nitrile gloves are in high demand.
In comparison to other varieties, it has more refined features. According to the Health Industry Distributors Association, the global demand for nitrile gloves has reached $585 billion this year, but producers can only create 370 billion at present time. Furthermore, in compared to their supply targets, the Strategic National Stockpile (SNS) has a limited quantity of gloves. According to White House estimates, the Department of Health and Human Services (HHS) hoped to keep 4.5 billion pairs of gloves in the SNS, but only had 179 million pairs in late November. HHS forecasted that demand for gloves would soon reach 104 billion per year in late October.
COVID-19 cases are on the rise.
During the pandemic, a lack of this crucial product increased prices, pinching frontline and other workers, so brokers offered counterfeit medical gloves. The Vietnamese glove maker VRG Khai Hoan JSC, which produces Vglove brand nitrile gloves, has issued a message to consumers warning of counterfeit copies of its nitrile gloves as well as fraudulent conduct by people imitating the company's brokers. Prices for the gloves skyrocketed due to increased demand and scarcity, and a slew of new entrants into the medical nitrile glove industry caused a scramble for supplies by buyers and sellers. Holy Name Medical Center in Teaneck, New Jersey requires 300,000 gloves each month, and meeting that demand became more difficult in September 2020 due to a scarcity of gloves and rising pricing.
Launch of a new product and partnership to improve the manufacturing process. Consumers are becoming more alert and aware of health and hygiene concerns. As a result, businesses are putting greater emphasis on research and development in order to create better preventive and safety alternatives, giving them an advantage over their competitors. They're releasing new items with improved functionality. In the current context, prominent players have a significant impact on the global medical nitrile gloves market's trends. Major players' strategic moves are observed, such as a greater focus on acquisition and collaboration to enhance product portfolios and expand scientific and technology skills around the world. Aside from that, prominent players are interested in expanding regional reach by appointing distributors, which has been used as a medical nitrile gloves market penetration strategy.
IMPACT OF COVID-19:
The healthcare industry is well-known for being susceptible to economic upheavals, such as recessions, natural disasters, and pandemics. Along with the increase in cases, the lack of PPE has increased as well, but nitrile gloves are the most recent item to experience a dramatic decline in supply. The US Government Accountability Office echoed Mangia and Tighe's concerns about the glove scarcity in a November report to congressional committees. During the projected period, the disposable gloves market is expected to develop because to an increase in the occurrence of contagious diseases and COVID-19. Despite the fact that the COVID-19 pandemic is still transforming the growth of numerous industries, the outbreak's immediate impact differs. Furthermore, due to increased demand for disposable gloves around the world as a result of the COVID-19 epidemic, the industry has seen an unanticipated increase.
Because of increased consumer concerns about personal health and safety, the nitrile glove market is expected to rise rapidly in the future years. One of the major issues driving the adoption of nitrile gloves in the medical and healthcare industries is the emergence of COVID-19. Furthermore, as COVID-19 grows, demand for gloves will rise in the institutional and home sectors, including food services, stores, offices, schools, and indoors and outdoors.
The nitrile gloves segment dominated the global market in 2019, but the vinyl gloves sector is predicted to rise at the fastest CAGR during the forecast period, owing to various advantages, such as the fact that vinyl gloves are latex-free and made from polyvinyl chloride and plasticizers. These gloves are mostly used in catering, culinary services, lab work, and analysis for food handling regulations. It provides the acid resistance needed for laboratory testing, minimal maintenance, and clean up. As a result, vinyl gloves are projected to become more popular in the future.
By Key Players:
Top Glove Corporation, Hartalega Holdings Berhad, Unigloves Limited, Adenna LLC, Kossan Rubber, Industries Bhd, Superior Gloves, MCR Safety, Supermax Corporation Berhad, Ammex Corporation, Cardinal Health, Medline Industries, Inc. , Dynarex Corporation, Shield Scientific B.V., Mercator Medical S.A, Hartalega Holdings Berhad, Ansell Healthcare, Medline Industries, 3M, McKesson Corporation ,Honeywell International Inc , Atrium Medical Care, Kimberly Clark, SHIELD Scientific, Supermax Healthcare Limited, and other players.
Medical & Healthcare
Food & Beverage
Oil & Gas
Metals & Machinery
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 9.49 Billion|
|Market Size by 2030||US$ 14.57 Billion|
|CAGR||CAGR of 5.5% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Powdered, Powder-free)
• By Grade (Medical, Industrial, Food)
• By Texture (Smooth, Micro-roughened, Aggressively Textured)
• By End-use (Medical & Healthcare, Food & Beverage, Automotive, Oil & Gas, Construction, Chemical, Pharmaceutical, Metals & Machinery, Others)
• By Texture (Smooth, Micro-roughened, Aggressively textured)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Top Glove Corporation, Hartalega Holdings Berhad, Unigloves Limited, Adenna LLC, Kossan Rubber, Industries Bhd, Superior Gloves, MCR Safety, Supermax Corporation Berhad, Ammex Corporation, Cardinal Health, Medline Industries, Inc. , Dynarex Corporation, Shield Scientific B.V., Mercator Medical S.A, Hartalega Holdings Berhad, Ansell Healthcare, Medline Industries, 3M, McKesson Corporation ,Honeywell International Inc , Atrium Medical Care, Kimberly Clark, SHIELD Scientific, Supermax Healthcare Limited, and other players.|
Ans: During the projected period, the disposable gloves market is expected to develop because to an increase in the occurrence of contagious diseases and COVID-19. Despite the fact that the COVID-19 pandemic is still transforming the growth of numerous industries, the outbreak's immediate impact differs. Furthermore, due to increased demand for disposable gloves around the world as a result of the COVID-19 epidemic, the industry has seen an unanticipated increase.
Ans: Smooth, Micro-roughened And Aggressively Textured are the sub-segments of by Texture segment
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Nitrile gloves have a longer shelf life, less friction, and are more puncture resistant than latex gloves.
Ans: From an initial value of US$ 388 million in 2022 the nitrile gloves market is predicted to rise at a CAGR of 8.5 percent to reach a market size of US$ 633 million in 2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Nitrile Gloves Market Segmentation, By Type
9. Global Nitrile Gloves Market Segmentation, By Grade
10. Global Nitrile Gloves Market Segmentation, By Texture
10.3 Aggressively Textured
11. Global Nitrile Gloves Market Segmentation, By End-use
11.1 Medical & Healthcare
11.2 Food & Beverage
11.4 Oil & Gas
11.8 Metals & Machinery
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Top Glove Corporation
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Unigloves (UK) Limited
13.3 Adenna LLC
13.4 Kossan Rubber Industries Bhd
13.5 Superior Gloves
13.7 Supermax Corporation Berhad
13.8 Ammex Corporation
13.9 Cardinal Health
13.10 Medline Industries, Inc.
13.11 Dynarex Corporation
13.12 Shield Scientific B.V. (Netherland)
13.14 Mercator Medical S.A, (Poland)
13.14 Hartalega Holdings Berhad (Malaysia)
13.14 Ansell Healthcare
13.16 Medline Industries, In
13.18 McKesson Corporation
13.19 Honeywell International Inc
13.20 Atrium Medical Care
13.21 Kimberly Clark
13.22 SHIELD Scientific (France)
13.23 Supermax Healthcare Limited (UK)
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Industrial Filtration Market size was USD 32.6 billion in 2022 and is expected to Reach USD 52.35 billion by 2030 and grow at a CAGR of 6.1% over the forecast period of 2023-2030.
The Pentanediamine Market size was valued at USD 859.7 million in 2022. It is estimated to hit USD 10544.73 million by 2030 and grow at a CAGR of 36.8% over the forecast period of 2023-2030.
Report Scope & Overview: Advanced Lead Acid Battery Market Size was valued at
The Color Cosmetics Market size was USD 71.9 billion in 2022 and is expected to Reach USD 111.18 billion by 2030 and grow at a CAGR of 5.6 % over the forecast period of 2023-2030.
Hi! Click one of our member below to chat on Phone