In recent years, the global disposable protective gloves Market has grown steadily. In 2017, the global sales volume reached 417 billion, and the average annual compound growth rate from 2005 to 2017 was about 8%. According to the data of China Plastics Association and Malaysian glove industry association, the global market capacity of medical grade gloves was about 270 billion in 2017. Among them, the demand for PVC gloves is about 75 billion, with an average annual compound growth rate of 3% in recent 10 years; The demand for nitrile and latex gloves is about 200 billion, and the average annual compound growth rate in recent 10 years is about 8% - 10%. The disposable gloves industry has maintained a steady growth trend.
The outbreak of Disposable Nitrile Gloves has brought significant development opportunities to the development of Disposable Nitrile Gloves industry. The Malaysian glove industry association said that the demand for rubber gloves will increase by 20% in 2020. In 2021 and 2022, the demand for disposable gloves will continue to grow rapidly, and the growth rate is expected to be 25% and 15% respectively. Even after the epidemic, due to the structural improvement of global residents' awareness of health protection and the increasing attention of countries to the construction of medical emergency response capacity system, the demand for health protection products will continue to increase. Insiders said that the disposable gloves industry is still in a period of rapid growth. In the long run, the demand for gloves is expected to double to more than 100 billion.