The major factors driving the growth of the disposable gloves market is rise in concern for safety and hygiene and novel manufacturing technologies

23/dic/2020 06:14:37 Automotive Market Research Reports Contatta l'autore

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Increase in concerns for safety and hygiene, rise in a number of end users, and rapid technological advancements have boosted the growth of the Middle East disposable gloves market. However, high price competition and toxic reaction to certain gloves hamper market growth. On the contrary, the introduction of disposable gloves to the developing countries is expected to create lucrative opportunities in the near future.

The Middle East disposable gloves market was valued at $355.9 million in 2017, and is expected to reach $615.1 million by 2025 at a CAGR of 7.04% during the forecast period.

Based on application, the market is divided into medical and non-medical. The non-medical segment is expected to portray the fastest CAGR of 8% through 2025. However, the medical segment held its lion’s share in 2017, accounting nearly two-thirds of the total market. The market is analyzed across various regions such as Saudi Arabia, UAE, and rest of the Middle East. The market across Saudi Arabia was the largest in 2017, contributing around one-fifth of the total share. It is also expected to register the fastest CAGR of 12.1% during the forecast period.

The major factors driving the growth of the disposable gloves market is rise in concern for safety and hygiene and novel manufacturing technologies for making gloves temperature-resistant, rupture-resistant, and control latex-associated infections. However, high competitive pricing offered by local manufacturers hamper the market growth. On the contrary, developing and untapped economies are expected to create lucrative opportunities for disposable glove manufacturers in the near future.

Key Findings of the Middle East Disposable Gloves Market:

  • Based on type, the natural rubber accounted for more than two-third of the total market in 2017
  • Based on form, the powdered segment accounted for more than half of the total market in 2017
  • Saudi Arabia is expected grow at the highest CAGR of 9.8%, owing to the presence of ample growth opportunities in terms of unmet medical needs and increasing healthcare investments
  • In terms of volume, Saudi Arabia accounted for more than two-fifth of the total volume market in 2017

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.

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