Canada Disposable Gloves Market Size & Outlook, 2022-2030
Canada disposable gloves market, 2018-2030 (US$M)
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Canada disposable gloves market highlights
- The Canada disposable gloves market generated a revenue of USD 404.6 million in 2022 and is expected to reach USD 526.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.3% 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.
Disposable gloves market data book summary
| Market revenue in 2022 | USD 404.6 million |
| Market revenue in 2030 | USD 526.6 million |
| Growth rate | 3.3% (CAGR from 2022 to 2030) |
| Largest segment | Natural rubber |
| Fastest growing segment | Nitrile |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Canada accounted for 3.3% of the global disposable gloves market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. disposable gloves market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,645.1 million by 2030.
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Disposable Gloves Market Scope
Disposable Gloves Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 37.25% in 2022. Horizon Databook has segmented the Canada disposable gloves market based on natural rubber, nitrile, vinyl, neoprene, polyethylene covering the revenue growth of each sub-segment from 2018 to 2030.
Several factors including rising geriatric population coupled with substantial investments in both public and private sectors are expected to drive the healthcare industry in the country, which, in turn, is anticipated to have a positive impact on the demand for disposable gloves over the forecast period.
Healthcare spending in Canada represents a significant portion of the country’s GDP. According to the Canadian Institute for Health Information, the total health expenditure in 2019 in Canada reached around USD 265.5 billion and represented around 11.5 % of the country’s GDP.
Moreover, healthcare spending in Canada is further expected to increase due to the growing as well as aging population. Thus, the aging population is further expected to drive the demand for healthcare services, thereby benefitting the market growth of disposable gloves over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada disposable gloves market , including forecasts for subscribers. This country databook contains high-level insights into Canada disposable gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada disposable gloves market size, by material, 2018-2030 (US$M)
Canada Disposable Gloves Market Outlook Share, 2022 & 2030 (US$M)
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