The report anticipates the market to grow at CAGR of 6.2% during 2014-2020, reaching a value of $7.9 billion by the end of 2020.
Portland, United States (PRWEB UK) 5 November 2014
Big Market Research adds a report titled “Global Disposable Gloves Market (Product type, Form, End user, Application and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020.” Based on the findings in the report, it is anticipated that the Global Disposable Market would register a CARG of ~ 6.2% during the forecast period (2014-2020), and the market would touch a whopping $7.9 billion by the end of 2020.
Stable and steady sustained growth of segments such as non-powdered gloves, nitrile gloves, and non-medical would propel the disposable market growth. Rise in pandemics is the major factor that is fuelling the growth of the disposable gloves' market. For example, swine flu outbreaks in the year 2009 propelled the usage of disposable gloves to 2 billion. As a result of enhanced rip and tear resistance, easy availability, high tactile sensitivity and low cost, non-powdered gloves' segment is expected to grow at a healthy CAGR of 12.6%. Furthermore, it shows resistance to contamination, allergies, punctures, and chemicals that helps the segment to grow faster.
To get full access of report visit at http://www.bigmarketresearch.com/disposable-gloves-market
Vinyl gloves are the finest alternatives to conventional and latex gloves due to dexterity and chemical resistivity. Vinyl gloves' segment shared about 28% of the overall market value in the year 2013. The Polyethylene disposable gloves are expected to grow speedily, registering a CAGR of 10.2% during the analysis period. For the end users, non-medical disposable gloves' segment is analysed and is anticipated to grow rapidly during the estimated period; however, with an overall market share of 59.6%, medical gloves' market is expected to be the largest segment in the end user.
Controlled by Critical Control Points and HACCP- Hazard Analysis, non-medical polyethylene gloves get swiftly approved by FDA and are greatly used in dining halls, cafeterias or other similar occasions.
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North America and Europe, are currently dominating the global disposable gloves' market. However, with better supply facilities, stringent government policies and rising medical tourism, Asia-Pacific would register an impressive growth, reaching $1.7 billion by the end of 2020 with a CAGR of 8.6% during the forecast period.
Key companies profiled in the report are:
- Ansell Healthcare
- Hartalega Holdings Berhad
- Supermax Corporation Berhad
- Kossan Rubber industries ltd
- Top Glove Corporation Berhad
- Adventa Berhad
- Cardinal Health, Inc.
- Dynarex Corporation.
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