Latin America Disposable Gloves Market Size & Outlook
Latin America disposable gloves market, 2018-2030 (US$M)
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Latin America disposable gloves market highlights
- The Latin America disposable gloves market generated a revenue of USD 983.4 million in 2022.
- The market is expected to grow at a CAGR of 3.5% 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, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 983.4 million |
| Market revenue in 2030 | USD 1,294.0 million |
| Growth rate | 3.5% (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, Latin America region accounted for 8.0% 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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Latin America 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 35.46% in 2022. Horizon Databook has segmented the Latin America disposable gloves market based on natural rubber, nitrile, vinyl, neoprene, polyethylene covering the revenue growth of each sub-segment from 2018 to 2030.
Latin American countries such as Brazil, Peru, Mexico, and Argentina have started economic revival as manufacturing net exports have returned to the pre-pandemic levels, while consumption and investments are lagging.
Factors such as the influx of remittances, increasing food costs, and effective governmental assistance in terms of economic aid have helped the economies to improve their GDP growth. However, natural catastrophes pose an additional threat to regional development such as the destruction caused by hurricanes Eta and Iota in November 2020.
Furthermore, The U.S.-China trade war is translating into healthy growth for the Central & South American markets. Brazil, Argentina, and Columbia are emerging as investment hubs for foreign investors and the respective governments are directing their focus on internal development through initiatives such as building special economic zones (SEZs) for more robust economic growth.
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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 continent-level data and insights on the Latin America disposable gloves market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America disposable gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America Disposable Gloves Market Outlook Share, 2022 & 2030 (US$M)
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