Global Rubber Gloves Market Report: 2013 Edition
Being a necessity
item, especially in the healthcare and food industry, the demand for rubber
gloves remained robust in 2012 despite the Euro-zone debt crisis. Other major
factors that boosted demand include improvement in healthcare awareness,
healthcare reforms with more stringent regulations following H1N1 scare and
decreasing raw material costs.
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The emerging
economies represent the greatest potential for growth given the low penetration
of glove usage in their healthcare industry. With substantial rise in natural
rubber latex prices over the past 2 years, there was a shift in demand towards
nitrile gloves. As a result, most of the gloves manufacturers are either
building up new nitrile glove production capacity or switching existing
production capacity from natural rubber to nitrile rubber.
Malaysia still
dominates the global glove market as the largest producer and exporter of
rubber gloves worldwide. Malaysia holds advantage in raw material availability,
infrastructure, R&D, development of supporting industries and support from
government agencies over other countries. Other leading nations that produce
rubber gloves include Thailand and Indonesia.
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The four topmost
rubber gloves manufacturers include Top Glove, Supermax, Kossan and Hartalega.
All of them have rolled out their production plans in order to supply better
products and to increase their production capacities. Although the industry has
maintained its growth momentum but the major bottlenecks are labor shortage,
fluctuating NBR prices, imposition of minimum wage by Malaysia, shortage of
natural gas and hikes in gas tariffs.
Contact:-
M/s
Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
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