Asia Pacific Disposable Gloves Market Size & Outlook
Asia Pacific disposable gloves market, 2018-2030 (US$M)
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Asia Pacific disposable gloves market highlights
- The Asia Pacific disposable gloves market generated a revenue of USD 2,333.1 million in 2022.
- The market is expected to grow at a CAGR of 4.5% from 2023 to 2030.
- In terms of segment, natural rubber was the largest revenue generating material in 2022.
- Nitrile is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 2,333.1 million |
| Market revenue in 2030 | USD 3,316.0 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Natural rubber |
| Fastest growing segment | Nitrile |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene |
| Key market players worldwide | Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd, Kossan Rubber Industries Bhd, AMMEX Corporation, Kimberly-Clark Corp, Sempermed USA, Bunzl PLC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.0% of the global disposable gloves market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,316.0 million by 2030.
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Disposable Gloves Market Scope
Disposable Gloves Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific disposable gloves market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to disposable gloves market will help companies and investors design strategic landscapes.
Natural rubber was the largest segment with a revenue share of 35.79% in 2022. Horizon Databook has segmented the Asia Pacific disposable gloves market based on natural rubber, nitrile, vinyl, neoprene, polyethylene covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the fastest-growing region in the world, contributing to over two-thirds of the global economic growth. According to a report by the International Monetary Fund (IMF), the GDP growth in Asia Pacific contracted by 1.5% in 2020, on account of the containment measures and global economic slowdown during the COVID-19 pandemic.
The region’s GDP growth is expected to rebound to 7.6% in 2021, moderating to 5.4% by 2022. The deepening trade tensions between the U.S. and China coupled with regional tensions such as the bilateral relationship between South Korea and Japan are anticipated to impact the overall economic growth of the region.
Healthcare industry in Asia Pacific is expected to witness steady growth over the forecast period. Major factors contributing to the growth include expanding healthcare infrastructure including hospitals and clinics coupled with an increasing number of people opting for home care facilities and rising medical tourism in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific disposable gloves market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific disposable gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific Disposable Gloves Market Outlook Share, 2022 & 2030 (US$M)
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