China Rubber Gloves Market Size & Outlook, 2022-2030
China rubber gloves market, 2018-2030 (US$M)
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China rubber gloves market highlights
- The China rubber gloves market generated a revenue of USD 994.3 million in 2022 and is expected to reach USD 1,446.7 million by 2030.
- The China market is expected to grow at a CAGR of 4.8% 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.
Rubber gloves market data book summary
| Market revenue in 2022 | USD 994.3 million |
| Market revenue in 2030 | USD 1,446.7 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | Natural rubber/latex |
| Fastest growing segment | Nitrile |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 7.4% of the global rubber gloves market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China rubber gloves market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 501.2 million by 2030.
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Rubber Gloves Market Scope
Rubber Gloves Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 39.17% in 2022. Horizon Databook has segmented the China rubber gloves market based on natural rubber/latex, nitrile, neoprene covering the revenue growth of each sub-segment from 2018 to 2030.
The outbreak of coronavirus in China in December 2019 and subsequently across the globe is one of the significant factors contributing to the economic slowdown in the country. Other factors affecting China’s economy include the deepening of the U.S.- China trade tensions.
China was the first country to be affected by the coronavirus pandemic. It is also a major producer of PPE in the global trade network. Owing to the pandemic, the domestic demand for PPE such as medical gloves has increased and consequently, China has increased its imports of PPE and reduced its exports to other countries in the world.
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Our clientele includes a mix of rubber 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 country-level data and insights on the China rubber gloves market , including forecasts for subscribers. This country databook contains high-level insights into China rubber gloves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China rubber gloves market size, by material, 2018-2030 (US$M)
China Rubber Gloves Market Outlook Share, 2022 & 2030 (US$M)
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