Latin America Nitrile Gloves Market Size & Outlook
Latin America nitrile gloves market, 2018-2030 (US$M)
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Latin America nitrile gloves market highlights
- The Latin America nitrile gloves market generated a revenue of USD 586.7 million in 2022.
- The market is expected to grow at a CAGR of 5.9% from 2023 to 2030.
- In terms of segment, powder free was the largest revenue generating type in 2022.
- Powder Free is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 586.7 million |
| Market revenue in 2030 | USD 930.7 million |
| Growth rate | 5.9% (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 |
| Key market players worldwide | Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Bhd, UG Healthcare Corp., Adenna, Kossan Rubber Industries Bhd, Superior Gloves, Supermax Corp Bhd, Cardinal Health Inc, Medline Industries, Globus Medical Inc Class A, Atlantic Safety Products, Newell Brands Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.0% of the global nitrile 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 2,146.8 million by 2030.
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Nitrile Gloves Market Scope
Nitrile Gloves Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 62.57% in 2022. Horizon Databook has segmented the Latin America nitrile gloves market based on powdered, powder free covering the revenue growth of each sub-segment from 2018 to 2030.
The public-private partnerships are increasing in healthcare sector. Thus, improving healthcare infrastructure coupled with the expanding healthcare industry is expected to benefit the growth of medical grade nitrile gloves demand in the region over the forecast period.
The demand for healthcare services is on the rise owing to several factors including the aging population on account of longer life expectancy and lower birth rates coupled with rising instances of noncommunicable and chronic diseases and expanding healthcare coverage.
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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 continent-level data and insights on the Latin America nitrile gloves market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nitrile gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America nitrile gloves market size, by country, 2018-2030 (US$M)
Latin America Nitrile Gloves Market Outlook Share, 2022 & 2030 (US$M)
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