The global nitrile gloves market is expected to reach USD 3.37 billion by 2027, according to a new report by Reports and Data. The report focuses on the recent market trends and end-use application of nitrile gloves. A growth in occurrence of epidemic diseases and a subsequent demand for infection prevention and control utilities would drive the market demand in the upcoming years.
Nitrile gloves are primarily used across medical sector, as a safety tool to prevent spreading of infection between caretakers and patients. The benefits offered by nitrile gloves comprise superior strength, longevity, and better protection against blood borne pathogens. Further, nitrile gloves being latex-free, it becomes preferable of choice for medical professionals to cure allergic cases.
Rise in awareness pertaining to wellbeing and hygiene amongst medical professionals and patients is estimated to stimulate the market growth. However, likely risk of price rivalry from local producers limits the growth of the market. Prospects in untapped markets that have high potential owing to developing healthcare infrastructure, growth in occurrences of chronic diseases and requirement for surgical interventions would further create a rise in demand for nitrile gloves in the forecast period.
Asia pacific market is estimated to witness fastest growth rate of 6.5% in the nitrile gloves market. This can be chiefly attributed to the growth in healthcare sector and food processing industry in the countries in this region, especially China, India and South Korea.
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Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented global nitrile gloves market on the basis of type, component, texture, grade, product finish, end-user and region:
Type Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
Component Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
Texture Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
Grade Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
Product Finish Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
End-user Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
Regional Analysis covers:
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