Report ID: SQMIG25K2069
Report ID:
SQMIG25K2069 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
113 |
Figures:
80
Disposable Gloves Market size was valued at USD 11844.08 million in 2019 and is poised to grow from USD 12306 million in 2023 to USD 16712.5 million by 2031, growing at a CAGR of 3.9% in the forecast period (2024-2031).
The availability of advanced healthcare infrastructure, high disposable income levels of patients, and the significant geriatric population are all important drivers of the disposable glove market in the United States. Additionally, the nationwide Covid-19 pandemic has increased the demand for disposable gloves, especially in the healthcare sector. Exposure to hazardous chemicals is one of the main causes of worker health problems while working in industrial environments. Frequent hazards in a variety of occupations, including healthcare, medicine, and mining, include skin diseases, rashes, hand wounds, amputations, and blood borne pathogens. The primary drivers expected to drive the market over the forecast period are likely to be safety regulations.
Growing awareness of the importance of raw materials in providing high heat resistance, comfort, flexibility, and lightweight qualities is expected to drive the research and development activities of key players in the market. These initiatives aim to increase the multi-functionality of disposable gloves and expand their scope of application by incorporating new features into existing designs. Due to the high cost of raw materials and complicated manufacturing process, manufacturing disposable gloves requires a huge amount of money. Major raw material suppliers in the market have converged across the value chain to develop these gloves, which is expected to boost market competition. However, the adverse effect of certain gloves and high competition among key players is key factors that hamper the market growth.
US Disposable Gloves Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONDisposable Gloves Market size was valued at USD 11844.08 million in 2019 and is poised to grow from USD 12306 million in 2023 to USD 16712.5 million by 2031, growing at a CAGR of 3.9% in the forecast period (2024-2031).
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Report ID: SQMIG25K2069