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Leap-Forward Development Of Disposable Gloves

2020-05-22

Global Disposable Gloves currently exceed 60 billion yuan, and Nitrile Gloves are about 25 billion. Regardless of the epidemic situation, the compound growth rate will exceed 10% in the next three years. In 19 years, the global demand for disposable protective gloves was 500 billion, and the next five years will reach 700 billion. The market size will reach 80 billion. Nitrile gloves are the most viable disposable protective gloves due to the advantages of anti-chemical agent penetration, low raw material price fluctuations, and convenient coloring.
Compared with Malaysia, where nitrile gloves originated, China has the advantages of low-cost supporting facilities, raw materials and energy, guaranteed human resources (Malaysia has foreign labor issues), strong marketing team, and production environment. Nitrile gloves are expected to replicate the PVC gloves industry. Transfer path to China.

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