The Global nitrile gloves market is estimated to be valued at US$ 8.92 Bn in
2024 and is expected to exhibit a CAGR of 9.7% over the forecast period 2024 to
2031.
Key Takeaways
Key players operating in the nitrile gloves market are Cardinal Health, Medline
Industries, Inc., Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings
Berhad, Kossan Rubber Industries Bhd, Supermax Corporation Berhad, Superior
Gloves, MCR Safety, Adenna LLC, Ammex Corporation, Unigloves (UK) Limited,
Globus (Shetland) Ltd., Atlantic Safety Products, Inc., MAPA Professional.
Growing awareness about importance of infection control and prevention measures
in healthcare sector as well as food industry has spurred the demand for
nitrile gloves globally. Technological advancements like developing powder-free
gloves with textured surface for better gripping have made nitrile gloves
user-friendly and suitable for varied applications.
Market Trends
Increasing stringent regulations: Regulatory bodies like FDA, CE, ISO are
implementing stringent guidelines to ensure quality and safety of
Nitrile
Gloves Market Size used in hospitals and industries. This is compelling
manufacturers to adopt advanced processes.
Preference for powder-free gloves: Earlier powders were used inside gloves to
lubricate surfaces. However, powder-free gloves are now widely accepted due
lack of allergy issues. Major players are diversifying their product lines
accordingly.
Market Opportunities
Emerging healthcare infrastructure: Developing countries are witnessing
increasing healthcare investments and infrastructure development. This provides
huge market potential for nitrile gloves and other protective supplies.
Sustainable manufacturing: Growing eco-consciousness is driving R&D for
biodegradable or recyclable nitrile gloves using renewable raw materials. Such
sustainable products will gain traction going forward.
Impact of COVID-19 on Nitrile Gloves Market Growth
The outbreak of COVID-19 pandemic has significantly impacted the growth of
nitrile gloves market. Demand for nitrile gloves surged exponentially during
the pandemic due to growing awareness about hygiene and safety. With rising
cases of infection worldwide, demand from healthcare, food services and other
essential sectors boomed the market. Manufacturers faced difficulties in
fulfilling the enormous demand due to disruption in supply chain. This led to
acute shortage of gloves in global market. Prices of nitrile gloves surged
multifold during March-June 2020 period.
The pre-COVID scenario of nitrile gloves market was dominated by healthcare
sector. Demand from other sectors like food processing, chemical and laboratories
was steady. However, post pandemic the demand patterns changed significantly.
Food services, cleaning & disinfection industries replaced healthcare as
major consumers of nitrile gloves. Stringent hygiene protocols were enforced
across various sectors to minimize spread of infection. This augmented demand
for gloves in non-healthcare applications on a large scale.
In future, the nitrile gloves market may see sustained high demand even after
pandemic recedes. Increased awareness about health, safety and cleanliness is
expected to normalize use of gloves in day-to-day activities. Manufacturers
will need to enhance production capacities, upgrade supply chain and develop
alternative sourcing strategies to cater long term demand. Focus on reusable
and eco-friendly gloves may also gather steam in the post COVID market growth
phase.
Geographical Regions with High Concentration of Nitrile Gloves Market
Asia Pacific region dominates the nitrile gloves market in terms of value.
Countries like Malaysia, Thailand, Vietnam and China are the major producers as
well as consumers of nitrile gloves globally. This is due to presence of large
number of glove manufacturers and a well-established rubber industry in these
countries. Besides, growing healthcare infrastructure and increasing foreign
investments have been driving the regional market. Southeast Asian nations
account for over 80% of world's glove production capacity.
North America region follows Asia Pacific as the second largest nitrile gloves
market. Factors such as growing awareness about workplace safety, stringent
employee safety regulations and proactive medical policies have been boosting
the demand.
Presence of developed healthcare systems and huge pharmaceutical industry in
U.S. and Canada contributes to market growth. With growing cases of infectious
diseases, the demand for nitrile gloves is expected to remain robust in North
American region.
Fastest Growing Region in Nitrile Gloves Market
The Middle East and Africa region is poised to be the fastest growing market
for nitrile gloves. Factors such as increasing healthcare and infrastructure
developments, large foreign investments, rising population and awareness about
hygiene are driving the regional market growth. Countries like UAE, Saudi
Arabia and South Africa offer immense untapped opportunities due to early
development stage of nitrile gloves market. Growing medical tourism and trade
relations with Asian countries will aid technology transfers and boost domestic
production. Strict quality regulations have been encouraging manufacturers to
set up facilities in the region. The MEA nitrile gloves market is expected to
witness double digit CAGR during the forecast period.
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