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Middle East Disposable Gloves Market Projected to Reach $615.1 million by 2025

  • Facto Market Insight
  • Aug, 2019
  • 231

According to a new report published by Facto Market Insights, titled,"Middle East Disposable Gloves Market by Type, Form, and Application: Opportunity Analysis and Industry Forecast, 2017 - 2023,""The Middle East disposable gloves market was valued at $355.9 million in 2017, and is expected to reach $615.1 million by 2025 at a CAGR of 7.04% during the forecast period. In terms of volume, polyethylene gloves exhibited the highest growth throughout the forecast period. Disposable gloves are primarily used in the healthcare and food industry, as a protection measure to avoid cross-infection between caregivers and patients. Over the period, a number of variants of disposable gloves have been developed such as natural rubber, nitrile, vinyl, and neoprene. 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 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.

The Middle East disposable gloves product market is segmented based on form, type, application, and region. On the basis of form, the market is bifurcated into powdered and non-powdered form. Depending on type, it is fragmented into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene, polyethylene, and others. The applications covered in the study include medical and nonmedical. The medical segment is sub-segmented into examination and surgical gloves. The nonmedical segment is further segmented into food service, clean room, and industrial applications. Region wise, the market is analyzed across Saudi Arabia, United Arab Emirates, and rest of Middle East.

The report provides a comprehensive analysis of the key players operating in the Middle East disposable gloves market are Top Glove Corporation Berhad, Supermax Corporation Berhad, Semperit AG Holding, Rubberex Corp. M Bhd, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, Dynarex Corporation, Cardinal Health, Inc., B. Braun Melsungen AG and Ansell Limited. Other players operating in the value chain are Unigloves (UK) Limited, Smart Glove Corporation Sdn Bhd, Cypress Medical Products LLC, Microflex Corporation, Mlnlycke Health Care and YTY Industry Holdings Berhad.
Key Findings of the Middle East Disposable Gloves Market:

Based on type, the natural rubber accounted for more than two-third of the total market in 2017
Based on form, the powdered segment accounted for more than half of the total market in 2017
Saudi 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 investments
In terms of volume, Saudi Arabia accounted for more than two-fifth of the total volume market in 2017