Disposable gloves are gloves used for a variety of purposes including medical examinations and other industrial applications to prevent cross-contamination and protect the user’s hands. These gloves aren't made to be worn all the time, but rather, they're made to be discarded after use. Disposable gloves are extremely popular in the medical industry as they're perfect for all sorts of applications, including but not limited to suction applications, alcohol, and chemical applications.
Continuous research and development activities and new product launches are expected to drive growth of the global disposable gloves market during the forecast period. Key companies in the market are focused on research and development activities, in order to innovate a new product and gain a competitive advantage in the market. For instance, in July 2020, SW, a provider of hand health technologies, introduced a new Bantam brand of thermoplastic elastomer (TPE) gloves to cater to the demand for the shortage of gloves. Furthermore, in August 2020, Lath Nitrile Gloves launched Nitrile Rubber Gloves in the U.K. and U.S. markets. Many companies are focused on the continuous development of gloves that remove the potential transmission of bacteria and other pathogens that can be transmitted via gloves. Thus, these factors are expected to drive growth of the global disposable gloves market during the forecast period. Furthermore, increasing product demand in healthcare, pharmaceutical, chemical, oil & gas, and medical sectors is expected to boost the global disposable gloves market growth over the forecast period.
However, concerns regarding the use of natural rubber latex since they are allergic to some users combined with price fluctuation of rubber are expected to hinder the global disposable gloves market growth over the forecast period. Since healthcare infrastructure is expanding, it can provide significant growth opportunities to market players.
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