The Asia Pacific disposable gloves market is expected to reach US$ 2,461.11 million by 2027 from US$ 852.11 million in 2019. The market is estimated to grow at a CAGR of 13.3% from 2020 to 2027.
The growth of the Asia Pacific disposable gloves market is driven by growing burden of healthcare-associated infections and increasing number of surgical procedures among population. However, the shortage of supplies of disposable gloves is restraining the market growth.
Disposable gloves are made of different materials such as latex, nitrile rubber, polyisoprene, polyvinyl, and neoprene. Healthcare-associated infections are the most frequent and adverse events in healthcare worldwide. As per data revealed by Australian Commission on Safety and Quality in Healthcare, 180,000 patients suffer from healthcare-associated infections in Australia each year. Gloves are personal protective wear that create a barrier between germs and human body and prevents the spread of disease-causing germs. Therefore, gloves play an important role in avoiding infections among patients and healthcare workers, thereby driving its demand in the healthcare sector. Also, an increasing number of surgical procedures in geriatric population is likely to drive the Asia Pacific market for surgical gloves during the forecast period.
The COVID-19 pandemic has positively impacted the disposable gloves market in Asia Pacific. Most of the PPE manufacturers are operating close to maximum capacity and prioritizing their orders to the countries with growing demand–supply gap and increasing COVID-19 cases.
The Asia Pacific disposable gloves market, by material, is segmented into natural rubber, nitrile, neoprene, polyethylene, and others. The natural rubber segment held the largest share of the market in 2019. However, the nitrile gloves segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on type, the Asia Pacific disposable gloves market is bifurcated into powdered and powder-free. The powder-free segment held a larger share of the market in 2019 and is estimated to register a higher CAGR during the forecast period.
The Asia Pacific disposable gloves market, by application, is categorized into examination and surgical. The examination segment held a larger share of the market in 2019. However, the surgical segment is estimated to register a higher CAGR in the market during the forecast period.
Based on end user, the Asia Pacific disposable gloves market is segmented into hospitals and clinics, diagnostic centers, ambulatory surgery centers, home healthcare, and others. The hospitals and clinics segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period.
A few of the primary and secondary sources referred to while preparing the report on the Asia Pacific disposable gloves market are Japanese Ministry of Health, Labor, and Welfare (MHLW), National Health Service (NHS), China’s Ministry of Commerce (MOFCOM), and World Health Organization (WHO).