Disposable gloves market growth is attributed to rising concern for safety and hygiene, growing industrialization coupled with advanced manufacturing technologies. Market players have successfully developed gloves with different properties such as higher resistance against chemicals, greater anti-tear properties and gloves with limited thickness thereby not affecting the donning and doffing process, which is anticipated to create huge opportunities for the growth of disposable gloves industry
According to the report published by Allied Market Research, the Middle East disposable gloves market was pegged at $355.9 million in 2017 and is expected to garner $615.1 million by 2025, registering a CAGR of 7.04% from 2018 to 2025. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
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The growth of the Middle East disposable gloves market is driven by rise in concerns for safety and hygiene, increase in number of end users, and high-end advancements in technology. On the other hand, high price competition and toxic reaction to certain gloves hamper the growth to some extent. However, untapped markets in developing economies have created multiple opportunities in the segment.
Key Market Segments
The Middle East disposable gloves market is segmented on the basis of type, form, application, and region. Based on type, the market is divided into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene, polyethylene, and others. The natural rubber gloves segment dominated the market, contributing nearly two-fifths of the market. However, the polyethylene segment is estimated to manifest the fastest CAGR of 9.3% during the forecast period.
By geography, Saudi Arabia is projected to grow at the highest CAGR of 9.8% during the study period. The presence of ample growth opportunities in terms of unmet medical conditions and increasing healthcare investments have spurred the growth. In terms of volume, Saudi Arabia accounted for more than two-fifth of the total volume market in 2017. The well-established healthcare infrastructure and the increase in adoption of disposable gloves across healthcare settings for preventing healthcare as well as food industry associated infections has driven the growth.
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The key market players analyzed in the Middle East disposable glove market include Supermax Corporation Berhad, Top Glove Corporation Berhad, Rubberex Corp. M Bhd, Semperit AG Holding, Hartalega Holdings Berhad, Kossan Rubber Industries Bhd., Cardinal Health, Inc., Dynarex Corporation, Ansell Limited, and B. Braun Melsungen AG.
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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