Analysis and predictions

Rubber gloves are used in various applications such as Healthcare where they are applied in various multi-purpose use, Industrial Protection such as chemical protection from oils, acids, hazardous substances, etc. and also for use in food processing or production. They are also applied in daily use, cleaning, washing, house-work, etc.

The top producers and manufacturers of rubber gloves are Malaysia, Thailand, China, and other South East Asian Countries. Malaysia dominates the market with disposable gloves while countries like Thailand offer a wide range of household, industrial and disposable gloves. The market is dominated by the following gloves application:

  • Household
  • Industrial
  • Healthcare
  • Others

Major types of rubber gloves offered by raw material are:

  • Natural Rubber (Latex)
  • Synthetic Rubber (Nitrile)
  • Other

Major Consumers:

  • United States
  • Europe
  • Japan
  • Rest of the world

United States and Europe account for 60% of worldwide glove consumption while the rest of the world increases consumption based on safety & hygiene regulations, moving from under developed to developed countries.

The CAGR (compound annual growth rate) of the market has remained at a steady growth of around 6% to 9%. It is expected the market will reach 6 Billion (6,000 Million) $ US Dollars by 2025. Latex gloves have remained the major holder of market share representing an average of 55 % versus Nitrile Gloves.

Demand is fueled by raised awareness towards regulations for hygiene and safety, increase in population, and driven by healthcare directives. With the spread of pandemic diseases like the Coronavirus, demand for personal protective clothing and specially hand protection, it has fueled the increase of stock in some countries, allowing top producers to deliver immediately from their stock keeping to new large quantity orders. Previous viruses like Ebola virus, Zika Virus, MERS, SARS, H1N1, and other viruses have introduced new measures in healthcare regulations, human contact, chemical handling, food handling, and other required methods for the safe-keeping of human lives, that’s where rubber gloves come in handy.

Internally in our company, Kim Gloves, being market leaders in South Korea rubber gloves industrial heavy-duty latex gloves, we understand the necessity of rubber gloves usage to protect humans from hazard, whether it’s for chemical use, healthcare, or overall market demand in rubber gloves. We play an integral part in Thailand’s demand for rubber gloves with top key-market players that are involved in healthcare, household, and food processing industries.

While Nitrile gloves remain on high demand for various industries, Latex Gloves will continue its market domination due to the fact that they are made of natural rubber, eco-friendly raw materials, produced from rubber trees, and most importantly they are bio-degradable which represents a friendly impact on the environment. Since Climate Change is an important topic to conserve Earth, nature, latex gloves remains the top choice and market leader. Many government regulations have introduced new regulations to use plastic-free, synthetic-free products, therefore the role of Latex Gloves is pivotal in meeting and maintaining these promises.

Kim Gloves is committed to deliver high quality latex gloves, offering an easy logistics network from Thailand, competitive prices and meeting world demand.