Rubber Gloves Market Size Worth $22.1 Billion By 2027 | CAGR: 14.7%: Grand View Research, Inc.

Rubber Gloves Market Size Worth $22.1 Billion By 2027 | CAGR: 14.7%: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, Jan. 11, 2021

SAN FRANCISCO, Jan. 11, 2021 /PRNewswire/ -- The global rubber gloves market size is expected to reach USD 22.1 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.7% from 2020 to 2027. Rising government expenditures towards the healthcare industry across countries including Germany, Italy, India, Australia, and the U.K., is expected to drive the market over the forecasted period.

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Key suggestions from the report:

Read 181 page research report with ToC on "Rubber Gloves Market Size, Share & Trends Analysis Report By Material (Latex, Nitrile, Neoprene), By Type, By Product, By Distribution Channel, By End Use, By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/rubber-gloves-market

The market is driven by rising adoption in industries such as automotive, oil and gas, construction, cleanroom, metal and machinery, and chemicals to prevent injuries at workplaces. This can be attributed to the presence of stringent regulations in various countries towards workers safety, such as Occupational Safety and Health Administration (OSHA), and high costs associated with workplace hazards.

The demand for rubber gloves is expected to rise, with growing concentration of industry players associated with the food and beverages industry, such as bakeries, packaged foods, and restaurants, towards making their products free from direct touch. This can be attributed to growing consumers awareness towards hygiene level of foods, and prevent infections caused due to spoilage, and mishandling of foods.

The global outbreak of the COVID-19 pandemic in 2020 has resulted in increase in the demand for Personal Protective Equipment (PPE), such as gloves, masks, face shields, and gowns. Governments across various countries across the world are collaborating with rubber gloves manufacturers, to maintain proper supply in the market, and prevent further transmission of the virus.

Grand View Research has segmented the global rubber gloves market on the basis of material, product, type, distribution channel, end use, and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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