Disposable gloves analysis in 2022

October 24, 2022

Along with the improvement of economic level in China, Asia Pacific and other developing countries, people's health awareness is increasing, and the habit of using disposable health protective gloves in emerging market areas is gradually cultivated, and the huge population base in emerging markets will bring huge market development potential. Developing countries, represented by China, have huge market potential due to their large population base and economic and social development. China's Health and Wellness Commission has standardized the proper and reasonable use of protective equipment such as gloves in the "Technical Guidelines for Prevention and Control of Novel Coronavirus Infection in Medical Institutions (Second Edition)" (National Health Office Medical Letter [2021] No. 169), further accelerating the growth of disposable glove market demand. According to the Frost & Sullivan report, global sales are expected to grow to 1,285.1 billion units by 2025, at a CAGR of 15.9% (based on a caliber of 529 billion units sold in 2019), with nitrile demand growing at a CAGR of approximately 19.8%, offering a promising future for the disposable health gloves market demand.

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Ms. Amy

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amy@aifjh.com

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