India Disposable Gloves Market Size & Outlook, 2022-2030
India disposable gloves market, 2018-2030 (US$M)
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India disposable gloves market highlights
- The India disposable gloves market generated a revenue of USD 336.7 million in 2022 and is expected to reach USD 509.9 million by 2030.
- The India market is expected to grow at a CAGR of 5.3% 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 336.7 million |
| Market revenue in 2030 | USD 509.9 million |
| Growth rate | 5.3% (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, India accounted for 2.7% 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 Asia Pacific, China disposable gloves market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 509.9 million by 2030.
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Disposable Gloves Market Scope
Disposable Gloves Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 34.84% in 2022. Horizon Databook has segmented the India disposable gloves market based on natural rubber, nitrile, vinyl, neoprene, polyethylene covering the revenue growth of each sub-segment from 2018 to 2030.
According to the ADB, India's GDP decreased by 8% in 2020 due to the severe impact of the COVID-19 pandemic. As per the United Nations, India's GDP is expected to increase by 7.5% in 2021; however, it seems highly improbable given the nation is experiencing a second wave of COVID-19, which is much more severe than the first.
Vaccines are being distributed insufficiently, putting a damper on the economic recovery. As the nation continues to carry out its immunization program amid the lockdown, India is anticipated to reach pre-pandemic levels by 2022-2023, signifying a slight recovery for the economy.
The healthcare sector in India is expected to grow significantly owing to several factors, including increasing population, rising disposable incomes, increasing access to insurance, greater health awareness, and increasing expenditure by the public and private players in the industry.
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Our clientele includes a mix of disposable gloves market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India disposable gloves market , including forecasts for subscribers. This country databook contains high-level insights into India disposable gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India disposable gloves market size, by material, 2018-2030 (US$M)
India Disposable Gloves Market Outlook Share, 2022 & 2030 (US$M)
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