The new report by Expert Market Research titled, ‘India Disposable Medical Gloves Market Report and Forecast 2022-2027’, gives an in-depth analysis of the Indian disposable medical gloves market price, assessing the market supported its segments like form, raw material, application, end-use, distribution channel and major regions. The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, along side analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2017-2027)
- Forecast Market Size: INR 2,466.90 crore
Due to increased health awareness among the population, the Indian healthcare business is experiencing significant expansion. As a result, the potential for developing disposable glove manufacturing facilities around the country, particularly in the southern zone, has grown. However, due to a rise in demand for disposable gloves, glove producers will need to invest heavily in order to boost production capacity. Furthermore, due to a lack of manufacturing capability, India is reliant on imports of disposable gloves. For example, disposable surgical gloves are in high demand among surgical team members due to the need to change gloves frequently during surgery, as wearing a single glove for an extended period of time is unsafe due to the risk of contamination, long exposure to the external environment, and carelessness. As a result, these factors are predicted to drive market expansion, with India poised to become one of Asia’s fastest-growing disposable glove marketplaces in the near future.
Industry Definition and Major Segments
Disposable gloves are used to protect against human-borne contamination in both medical and non-medical settings. They come in a variety of colours and are manufactured from a variety of materials, including natural rubber, nitrile, vinyl, neoprene, and others, and are used in a variety of settings, including examinations, surgical procedures, food services, cleaning rooms, and heavy industries. Cross-contamination is avoided, germs are prevented from spreading, and consumers are protected from unknown dangers.
The disposable medical gloves industry can be segmented on the basis of form, raw material, application, distribution channel and end-use.
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Based on form:
- Powdered
- Non-Powdered
Based on raw material:
- Latex
- Nitrile Rubber
- Vinyl Rubber
- Polyisoprene
- Neoprene
- Polyethylene
Based on application:
- Examination Gloves
- Surgical Gloves
Based on end-use:
- Hospitals and Clinics
- Diagnostics and Pathology Labs
- Others
Based on distribution channel:
- Direct Purchase
- Medical Stores
- Online
- Others
On the basis of regional markets, the segmentation of the Indian disposable medical gloves industry includes North India, South India, West India and East India.
Market Trends
The Indian healthcare industry is expanding rapidly as a result of growing public awareness of health issues. As a result, the possibility of establishing disposable glove manufacturing facilities around the country has increased. The extensive applicability of disposable medical gloves in numerous sectors, such as healthcare, food and beverage, and chemical industries, can be ascribed to the market growth for disposable medical gloves in India. Furthermore, with the outbreak of the coronavirus pandemic in the region, the market grew rapidly. The increased number of COVID-19 infections in the country put a premium on personal hygiene goods like hand sanitizers and gloves, which boosted the disposable glove market’s overall growth.
Government initiatives have also boosted the country’s market growth. In addition, the availability of disposable medical gloves at a cheap price through a broad network of distribution channels in the country, such as pharmacies, supermarkets, and convenience stores, among others, has aided market expansion. The presence of online retail channels has aided the industry’s market expansion due to the expanding market penetration of smartphones and the simple availability of the internet.
Key Market Players
The major players within the market are Narang Medical Limited, Sara Healthcare Pvt. Ltd., Njavallil Latex Private Limited, Kanam Latex Industries Pvt. Ltd., Wonder Products Co., Amkay Products Pvt. Ltd., GPC Medical Limited and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.
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