SAN FRANCISCO, December 4, 2018
SAN FRANCISCO, December 4, 2018 /PRNewswire/ --
The global disposable gloves market size is expected to reach USD 14.93 billion by 2025 at a 7.8% CAGR during the forecast period, according to a new report by Grand View Research, Inc. The industry is anticipated to witness substantial growth over the forecast period owing to increasing demand in hospital and surgical applications.
Growing demand for the product in several industries including automotive, food and beverages, pharmaceuticals, chemical and petrochemical, oil and gas, mining, industrial R&D, academic R&D, and cleanrooms is expected to promote market growth over the forecast period. Stringent regulations regarding safety of workers will also benefit the market.
Rising importance of raw materials offering lightweight properties, comfort, higher heat resistance, and elasticity has been a major incentive for companies to conduct extensive R&D. These initiatives are primarily aimed at achieving multi-functionality of the product and widen its application scope by including innovative add-ons to existing designs.
Technological advancements and increasing concerns pertaining to employee health and safety are estimated to provide lucrative opportunities to market participants over the coming years. Product innovation and usage of sustainable raw materials for glove manufacturing are further estimated to positively impact the market over the next few years.
Browse full research report with TOC on "Disposable Gloves Market Size, Share & Trends Analysis Report By Material (Natural Rubber, Nitrile, Vinyl), By Product (Powdered, Powder Free), By End Use (Medical & Healthcare), And Segment Forecasts, 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/disposable-gloves-market
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global disposable gloves market on the basis of material, product, end use, and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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