Global Nitrile Gloves Market Size, Share, and Trends Analysis Report, By Type (Powdered Gloves, and Powder-Free Gloves), By Grade (Medical Grade, Food Grade, and Industrial Grade), By Application (Automotive Industry, Food Processing, Construction Industry, Chemical Industry, and Others), Forecast Period (2022-2028)
The global nitrile glove market is anticipated to grow at a CAGR of 4.9% during the forecast period (2022-2028). Nitrile gloves are protective gloves made of rubber that is used by people while working with any hazardous chemical or substance that can harm the skin. The major factor attributing to the growth of the global nitrile gloves market is the increasing use of industrial grade nitrile gloves while manufacturing motor vehicles in the automotive industry due to the increasing number of motor vehicle production across the globe. According to the 2021 Production Statistics report published by the International Organization of Motor Vehicle Manufacturers (OICA), an estimation of around 80 million motor vehicles were produced across the globe in 2021. Among these, around 23 million commercial vehicles were manufactured and around 57 million passenger cars were produced in 2021. Thus, increasing the demand for nitrile gloves.
The use of medical grade nitrile gloves is also increasing in hospitals & clinics by doctors to the increasing number of examination and surgical procedures across the globe. According to a report published by the National Library of Medicine (NIH) in July 2020, around 310 million major surgeries are performed every year worldwide. Among these, 40 to 50 million major surgeries are done in the USA and 20 million major surgeries are done in Europe. Furthermore, according to an article published by the Economic Times HealthWorld in August 2021, Indian families spend more than 60% of their healthcare expenditure on primary care. An estimated number of doctor consultations reached around 4 billion in India in 2021. Thus, contributing to the growth of the global nitrile gloves market.
Some major players in the market include Ansell Ltd., Hartalega Holdings Berhad, Unigloves Ltd., Adenna LLC, and Medline Industries Inc., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2022, SHOWA Group received 510(k) approval from USFDA for its new biodegradable medical-grade nitrile gloves. These are the single-use medical gloves that can be used by doctors and are environmentally friendly.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Grade
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Ansell Ltd., Hartalega Holdings Berhad, Unigloves Ltd., Adenna LLC, Medline Industries Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Nitrile Gloves Market Report by Segment
By Type
- Powdered Gloves
- Powder-Free Gloves
By Grade
- Medical Grade
- Industrial Grade
- Food Grade
By Application
- Automotive Industry
- Construction Industry
- Food Processing
- Chemical Industry
- Others
Global Nitrile Gloves Market Report by Region
North America
- The United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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