Middle East Disposable Gloves Market Size, Industry Segment, Growth Till 2025
Pune, Maharashtra, India, December 16 2020 (Wiredrelease) Allied Analytics :The Middle East disposable gloves market was pegged at $355.9 million in 2017 and is expected to garner $615.1 million by 2025, registering a CAGR of 7.04% from 2018 to 2025.
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.
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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.
Each of the variants renders a unique benefit over conventional gloves, which in turn increases its applications in various industries such as food service, clean room, and industrial application. For instance, nitrile gloves are more puncture-resistant, frictionless, and offer longer shelf life as compared to latex gloves.
The Middle East disposable gloves market is segmented on the basis of type, form, application, and region. Based on type, the market is divided into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene, polyethylene, and others. The natural rubber gloves segment dominated the market, contributing nearly two-fifths of the market. However, the polyethylene segment is estimated to manifest the fastest CAGR of 9.3% during the forecast period.
Key Findings of theMiddle East Disposable Gloves Market:
Based on type, the natural rubber accounted for more than two-third of the total market in 2017Based on form, the powdered segment accounted for more than half of the total market in 2017Saudi 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 investmentsIn terms of volume, Saudi Arabia accounted for more than two-fifth of the total volume market in 2017.
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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 lions 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 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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