The new report by Expert Market Research titled, ‘India Disposable Medical Gloves Market Size, Share, Growth, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the Indian disposable medical gloves market, assessing the market supported by its segments like form, raw material, application, end-user, distribution channel, and significant 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 critical demand and price indicators and analyzing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- 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, glove producers will need to invest heavily to boost production capacity due to a rise in demand for disposable gloves. Furthermore, due to a lack of manufacturing capability, India relies on imports of disposable gloves.
For example, disposable surgical gloves are in high demand among surgical team members due to changing gloves frequently during surgery. Wearing a single glove for an extended period is unsafe due to the risk of contamination, prolonged 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 shortly.
India Disposable Medical Gloves 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 various colors and are manufactured from multiple materials, including natural rubber, nitrile, vinyl, neoprene, and others. They are used in various settings, including examinations and surgical procedures, food services, cleaning rooms, and heavy industries. Cross-contamination is avoided, germs are prevented, and consumers are protected from unknown dangers.
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The disposable medical gloves industry can be segmented based on form, raw material, application, distribution channel, and end-use.
Based on the form:
Based on raw material:
- Nitrile Rubber
- Vinyl Rubber
Based on application:
- Examination Gloves
- Surgical Gloves
Based on end-use:
- Hospitals and Clinics
- Diagnostics and Pathology Labs
Based on the distribution channel:
- Direct Purchase
- Medical Stores
Based on regional markets, the segmentation of the Indian disposable medical gloves industry includes North India, South India, West India, and East India.
India Disposable Medical Gloves Market Trends
The Indian healthcare industry is expanding rapidly due to 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 increased. The country’s increased number of COVID-19 infections 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 low price through a broad network of distribution channels in the country, such as pharmacies, supermarkets, and convenience stores, 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 easy 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., G.P.C. Medical Limited, and others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments, mergers, and acquisitions, among other latest developments of those market players.
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