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Home / News / Rubber Gloves Market Size & Share to Surpass $26.28 Billion by 2030, Growing at a CAGR of 3.86%
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Rubber Gloves Market Size & Share to Surpass $26.28 Billion by 2030, Growing at a CAGR of 3.86%

Jun 17, 2023Jun 17, 2023

SAN FRANCISCO, U.S., July 31, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “ Rubber Gloves Market - Global Industry Analysis, Size, Share, Growth, Trends, 2023-2030” in its research database.

“According to the latest research study, the demand of global rubber gloves market size & share was valued at approximately USD 20.15 billion in 2022. The market is expected to grow above a CAGR of 3.86% and is anticipated to reach over USD 26.28 billion by 2030.”

The report analyses the Rubber Gloves market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Rubber Gloves market.

Rubber Gloves Market Overview:

Rubber gloves are made of synthetic or natural rubber. These gloves are majorly used for the protection of hands while dealing with chemicals or any infectious cause. The demand for rubber gloves has increased significantly during the coronavirus outbreak. These gloves help in reducing the potential risk of any infections in clinicians in the healthcare sector across the globe.

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Key Insights from Primary Research

Global Rubber Gloves Market: Growth Factors

One of the major factors driving the global rubber gloves market is the growing awareness regarding the importance of the safety and security of workers at workplaces. Moreover, the rising stringent rules and regulations along with high-cost compensation for workplace hazards are further driving the growth of the global rubber gloves market vigorously.

The outbreak of COVID-19 has bolstered the usage of gloves across the globe. The companies are investing heavily in the market to ensure the proper supply of gloves across the world to combat the pandemic effectively. Such emerging scenarios due to the coronavirus are fueling the growth of the market globally.

The increasing concern of the people regarding proper hygiene to avoid the spread of bacteria, viruses, and infections has induced many sectors, especially the food and beverage sector to utilize gloves in their work process to avoid the miss handling of food products and keep the products free from infections. Moreover, rubber gloves are widely used in heavy-duty industries like waste management, automotive, chemical, construction, and many more.

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Competitive Players

The report contains qualitative and quantitative research on the global rubber gloves Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness.

Some of the main players in the global rubber gloves market include;

Browse Complete Report Here | Rubber Gloves Market: By End-Users (The Cleanroom, Pharmaceutical, Chemical & Petrochemical, Metal & Machinery, Food & Beverage, Oil & Gas, Automotive, And Medical & Healthcare), By Distribution Channel (Physical And Online), By Usage Type (Durable And Disposable), By Form Type (Powder-Free And Powdered), By Product Type (Chemotherapy, Surgical, And Examination) By Materials (Neoprene, Nitrile, Natural Rubber, And Others) And By Region: - Global Industry Analysis, Size, Share, Growth, Trends, 2023-2030

Rubber Gloves Market: Segmentation Analysis

The global rubber gloves market can be segmented into end-use, distribution channel, usage type, form type, product type, materials, and region.

By end-use, the market can be segmented into the cleanroom, pharmaceutical, chemical & petrochemical, metal & machinery, food & beverage, oil & gas, automotive, and medical & healthcare. The medical & healthcare segment accounts for the largest share of the global rubber gloves market due to their wide utilization among patients and doctors to prevent the transmission and cross-contamination of pathogens during surgeries and medical tests.

By distribution channel, the market can be segmented into physical and online. The physical distribution channel holds hegemony over others owing to the easy supply chain process where gloves are made & distributed by the wholesalers and different retailers to the end-users. By usage type, the market can be segmented into durable and disposable. The disposable gloves segment holds the largest share of the global rubber gloves market.

By form type, the market can be segmented into powder-free and powdered. The powder-free segment dominates the global rubber gloves market owing to their preferences across many different industries like food processing, medical, and chemicals.

By product type, the market can be segmented into chemotherapy, surgical, and examination. By materials, the market can be segmented into neoprene, nitrile, natural rubber, and others. The natural rubber segment dominates the market.

Regional Analysis:

Europe accounts for the largest share in the global rubber gloves market owing to the surging demand for rubber gloves for fulfilling the requirements for protective gloves in different sectors like food & beverage, metal manufacturing, automotive, oil & gas, and chemicals.

North America is anticipated to witness significant growth during the forecast period due to the rising awareness among people regarding the protection against different communicable diseases and various infections.

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The global rubber gloves market is segmented as follows:

End-Users

By Distribution Channel

By Usage Type

By Form Type

By Product Type

By Materials

By Region

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