Global Nitrile Gloves Market Size & Outlook, 2022-2030
Global nitrile gloves market, 2018-2030 (US$M)
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Global nitrile gloves market highlights
- The global nitrile gloves market generated a revenue of USD 6,551.3 million in 2022 and is expected to reach USD 10,190.3 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.7% by 2030.
- In terms of segment, powder free accounted for a revenue of USD 4,766.7 million in 2022.
- Powder Free is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Russia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 6,551.3 million |
| Market revenue in 2030 | USD 10,190.3 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Powder free |
| Fastest growing segment | Powder Free |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powdered, Powder Free |
Other key industry trends
- In terms of revenue, the North America accounted for 35.2% of the global nitrile gloves market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Russia is the fastest growing regional market and is projected to reach USD 297.0 million by 2030.
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Nitrile Gloves Market Scope
Nitrile Gloves Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global nitrile 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 nitrile gloves market will help companies and investors design strategic landscapes.
Powder free was the largest segment with a revenue share of 72.76% in 2022. Horizon Databook has segmented the Global nitrile gloves market based on powdered, powder free covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing awareness among industry participants regarding the importance of worker safety and security at workplaces, on account of the stringent regulations and high cost associated with workplace hazards, is anticipated to drive the market growth. The importance of worker safety has significantly increased owing to the increasing employment in industries across Asia Pacific and the Middle East.
Companies have established safety guidelines and prioritized worker safety in order to reduce workplace hazards, thereby limiting the adverse impact on the overall operational costs in the form of arbitrated settlements or compensation. The demand for nitrile gloves in healthcare sector is significantly rising due to the increasing prevalence of infectious diseases and viral outbreaks.
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Our clientele includes a mix of nitrile gloves market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global nitrile gloves market , including forecasts for subscribers. This global databook contains high-level insights into Global nitrile gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global nitrile gloves market size, by regions, 2018-2030 (US$M)
Top 10 countries: Nitrile gloves market size, 2022 (US$M)
Global nitrile gloves market share, by type, 2022 & 2030 (%, US$M)
Nitrile gloves market: Opportunity assessment by country
Global nitrile gloves market, by region, 2022 (US$M)
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