Global rubber gloves market forecast at $18.7 billion by 2027
Syracuse, NY – In 2020, the global Rubber Gloves market size was US$ 10770 million and it is expected to reach US$ 18700 million by the end of 2027, with a CAGR of 8.3% during 2021-2027 according to Valuates Reports. Rubber gloves, as the name implies, are gloves made of various types of rubbers, either in a combination with other materials, such as textiles, plastics, or only rubber. They cover a wide range of applications, ranging from medical gloves to utility gloves for almost any kind of work.
The major players in global Rubber Gloves market include Top Glove, Hartalega, Sri Trang Gloves, etc. The top 3 players occupy about 30% shares of the global market. Asia is the main market. Natural Rubber Gloves is the main type, with a share about 55%. Healthcare is the main application, which holds a share about 50%.