Introduction to Disposable Gloves Market
Introduction to Disposable Gloves Market
• Disposable Gloves Market Report , published by Allied Market Research , forecasts that the global market is expected to garner $ 17,242 million by 2022 , registering a CAGR of 12.6 % during the period 2016-2022 .
• The natural rubber gloves segment accounted for around three-fifths revenue share , in 2015 and is expected to maintain its dominance during the forecast period .
• Europe and Asia-Pacific together accounted for around half of the market in 2015 .
• The market for disposable gloves is primarily driven by its requirement in medical and surgical applications to ensure safety and hygiene .
• The other factors that drive the market are rising adoption of disposable glove usage among users from industries such as pharmaceuticals , food & beverages , etc .
• Nevertheless , some of the restraints associated with disposable gloves business attractiveness is pricebased competition due to emergence of domestic players and toxic side effects arising due to usage of gloves .
• However , the impact of this limitation is anticipated to diminish in future due to ongoing improvements in production of disposable gloves .