Asia Pacific Disposable Medical Gloves Market Size & Outlook
Asia Pacific disposable medical gloves market, 2018-2030 (US$M)
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Asia Pacific disposable medical gloves market highlights
- The Asia Pacific disposable medical gloves market generated a revenue of USD 1,291.1 million in 2023.
- The market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, natural rubber was the largest revenue generating material in 2023.
- 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 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,291.1 million |
| Market revenue in 2030 | USD 2,415.2 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Natural rubber |
| Fastest growing segment | Nitrile |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene, Other Material |
| Key market players worldwide | Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd, Kossan Rubber Industries Bhd, Cardinal Health Inc, Semperit AG Holding, RUBBEREX, Dynarex Corporation, B. Braun Medical |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.6% of the global disposable medical gloves market in 2023.
- 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 2,415.2 million by 2030.
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Disposable Medical Gloves Market Scope
Disposable Medical Gloves Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific disposable medical 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 medical gloves market will help companies and investors design strategic landscapes.
Natural rubber was the largest segment with a revenue share of 36.15% in 2023. Horizon Databook has segmented the Asia Pacific disposable medical gloves market based on natural rubber, nitrile, vinyl, neoprene, polyethylene, other material covering the revenue growth of each sub-segment from 2018 to 2030.
Moreover, factors such as the deepening U.S.–China trade tensions and regional tensions such as the bilateral relationship of South Korea and Japan are anticipated to have a negative impact on the overall economic growth of the region. Asia Pacific is characterized by several developing countries such as China, India, Thailand, and Indonesia along with developed countries such as Japan and Australia.
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.
The growing population along with the increasing elderly population is expected to boost the demand for healthcare services, which, in turn, is anticipated to drive the demand for disposable medical gloves over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific disposable medical gloves market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific disposable medical gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific disposable medical gloves market size, by country, 2018-2030 (US$M)
Asia Pacific Disposable Medical Gloves Market Outlook Share, 2023 & 2030 (US$M)
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