Disposable Gloves Market to Stand at US$481.5 million by 2023 - U.K. Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Transparency Market Research

Albany, NY, March 09, 2016 (GLOBE NEWSWIRE) -- According to the report, the disposable gloves market in the U.K. was valued at US$ 262.4 Million in 2014 and is anticipated to reach US$ 481.5 Million by 2023, expanding at a CAGR of 7.0% between 2015 and 2023

Disposable gloves are single use gloves recommended to be worn primarily because of two reasons:

  1. To reduce the risk of contamination or infection for health care workers.
  2. To reduce germ dissemination to the environment and transmission from an infected person to the surroundings.

Demand for disposable gloves is increasing at a steady rate in the U.K. Enactment of hygiene regulations to spread awareness about hygiene by the European Agency for Safety and Health at Work (EU OSHA), the World Health Organization (WHO), and the Health and Care Professions Council (HCPC) is also expected to accelerate demand for disposable gloves in the U.K. Continuous threat from communicable diseases such as bird flu, swine flu, SARS, plague, EBOLA, and Zika in the past few years in the U.K has induced awareness among health care workers to use disposable gloves. Demand for disposable gloves in medical applications is expected to be high in the market; however, slow penetration in the non-medical applications, especially food & beverage, can be witnessed in the near future. Declining demand for natural rubber latex disposable gloves due to increasing risk of latex allergy is anticipated to hinder market growth. Rise in adoption of synthetic disposable gloves is expected to fuel the growth of the disposable gloves market.

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Natural rubber latex gloves was the dominant segment of the disposable gloves market in the U.K. in 2014. The segment is expected to continue its dominance during the forecast period from 2015 to 2023. Nitrile disposable gloves have gained significant importance in various applications owing to better puncture resistance. It is also considered to be an ideal substitute for natural rubber latex disposable gloves. It is anticipated to be the fastest growing segment of the disposable gloves market in the U.K. between 2015 and 2023 both in terms of volume and revenue.

Medical was the largest application segment of the disposable gloves market in the U.K. in 2014. The segment is expected to continue its dominance in the market from 2015 to 2023. Non-medical segments include food & beverage, cleanroom, industrial, and others. Food & beverage is anticipated to be the fastest growing sub-segment of the non-medical application segment. Rise in health awareness and concerns about hygiene among consumers is driving demand for disposable gloves in the food & beverage industry in the U.K. Cleanroom is another important application segment. Increasing area of cleanroom spaces (especially in the pharmaceutical and electronics industries) is projected to fuel demand for disposable gloves in the U.K.

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The global disposable gloves market is fragmented and top five players held approximately 50% share in 2014. Key players include Top Glove, Supermax Corporation Berhad, Semperit AG Holding, Hartlega Holdings Berhad, Smart Glove, Kossan Rubber Industries Bhd, and Unigloves.

The disposable gloves market in the U.K. has been segmented as follows:

U.K. Disposable Gloves Market – Product Segment Analysis

  • Natural Rubber Latex Gloves
  • Nitrile Gloves
  • Vinyl Gloves
  • Others (including neoprene, polyethylene, polychloroprene, etc.)

U.K. Disposable Gloves Market – Application Analysis

  • Medical
  • Non-medical
  • Food & Beverage
  • Cleanroom
  • Industrial
  • Others (including tattoo artists, home and garden, etc.)

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Source:Transparency Market Research