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Nitrile Gloves Market

Nitrile Gloves Market Size, Share & Segment 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), by Regions & Global Market Forecast 2022-2028

Report Id: SNS/C&M/1468 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Nitrile Gloves Market is valued US$ 9 billion in 2021. The nitrile gloves market is predicted to rise at a CAGR of 5.5% to reach a market size of US$ 12.8 billion in 2028. 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 Revenue Graph

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.

MARKET DYNAMICS: 

KEY DRIVERS:

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.

RESTRAINTS: 

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.

Opportunities:

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.

Market Segmentation:

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

Nitrile Gloves Market Segment Pie Chart

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

 

Nitrile Gloves Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 9 Billion
Market Size by 2028 US$ 12.8 Billion
CAGR CAGR of 5.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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.


Frequently Asked Questions (FAQ) :

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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Nitrile Gloves Market Segmentation, By Type

8.1 Powdered

8.2 Powder-free

 

9. Global Nitrile Gloves Market Segmentation, By Grade

9.1 Medical

9.2 Industrial

9.3 Food

 

10. Global Nitrile Gloves Market Segmentation, By Texture

10.1 Smooth

10.2 Micro-roughened

10.3 Aggressively Textured

 

11. Global Nitrile Gloves Market Segmentation, By End-use

11.1 Medical & Healthcare

11.2 Food & Beverage

11.3 Automotive

11.4 Oil & Gas

11.5 Construction

11.6 Chemical

11.7 Pharmaceutical

11.8 Metals & Machinery

11.9 Others

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3        Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4        Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5        The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

13.5.4    Rest

12.6        Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

 

13. Company Profiles

13.1 Top Glove Corporation

13.1.1 Financial

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

13.6MCR Safety

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

13.17 3M

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

 

15. Conclusion

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Secondary Research

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