Asia Pacific Rubber Gloves Market Size & Outlook
Asia Pacific rubber gloves market, 2018-2030 (US$M)
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Asia Pacific rubber gloves market highlights
- The Asia Pacific rubber gloves market generated a revenue of USD 3,133.0 million in 2022.
- The market is expected to grow at a CAGR of 4.3% from 2023 to 2030.
- In terms of segment, natural rubber/latex 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, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 3,133.0 million |
| Market revenue in 2030 | USD 4,391.5 million |
| Growth rate | 4.3% (CAGR from 2022 to 2030) |
| Largest segment | Natural rubber/latex |
| 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/Latex, Nitrile, Neoprene |
| Key market players worldwide | Ansell Ltd, Top Glove Corp Bhd, Hartalega Holdings Bhd, Newell Brands Inc, Bunzl PLC, Supermax Corp Bhd, Kossan Rubber Industries Bhd, Kimberly-Clark Corp, UG Healthcare Corp., Adenna, Atlantic Safety Products, AMMEX Corporation, Sempermed USA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.3% of the global rubber gloves market in 2022.
- Globally, Europe 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 4,391.5 million by 2030.
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Rubber Gloves Market Scope
Rubber Gloves Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific rubber 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 rubber gloves market will help companies and investors design strategic landscapes.
Natural rubber/latex was the largest segment with a revenue share of 39.58% in 2022. Horizon Databook has segmented the Asia Pacific rubber gloves market based on natural rubber/latex, nitrile, neoprene covering the revenue growth of each sub-segment from 2018 to 2030.
According to a report by the International Monetary Fund (IMF) titled “Regional Economic Outlook: Asia and Pacific” published in October 2019, Asia Pacific was the fastest-growing region in the world contributing to over two-thirds of the global economic growth.
However, on account of the recent outbreak of the COVID-19 pandemic in Asia Pacific as well as across the globe, the economic growth in the region is expected to be severely affected in 2020.
According to the IMF, the growth in Asia is expected to stall at zero percent in 2020. Apart from the pandemic, other factors contributing to this situation include global economic slowdown.
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Our clientele includes a mix of rubber 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 Asia Pacific rubber gloves market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific rubber gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific rubber gloves market size, by country, 2018-2030 (US$M)
Asia Pacific Rubber Gloves Market Outlook Share, 2022 & 2030 (US$M)
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