Rising awareness about health issues among healthcare workers and favorable government regulation to protect healthcare workers from healthcare-acquired infections should accelerate nitrile gloves market growth across the globe., says this report.
Based on recent reporting, the global Nitrile Gloves Market was estimated at $4.2 billion in 2020, and is now expected to surpass $11.2 billion by 2027, which would result in a CAGR of 13.1% from 2021 to 2027.
The Medical and Food grade nitrile gloves market is anticipated to grow over USD 8,55 billion by the end of 2027. Nitrile gloves have superior puncture resistance, offering the best protection against pathogens, and resulting in massive demand for medical and food grade nitrile glove products. Nitrile gloves are used by healthcare professionals to examine patients and during operating patients. Nitrile gloves are used widely by medical professionals, mechanics, tattoo artists, the cannabis industry, food service and catering, and many many more industries. Medical professionals including nurses, lab technicians, surgeons, dentists, doctors, and pharmacists require disposable nitrile gloves to help prevent patients and themselves from contamination, or other hospital acquired infections, when in contact with patients - which will continue to stimulate product demand globally.
It’s anticipated that he pharmaceutical industry alone will grow over $320 million by 2027. This growing pharmaceutical industry and government regulations to comply with all safety standards, should further increase product demand within those industries. In addition, the recent sudden rise in demand of comfortable, long lasting, and ultimately safest nitrile gloves in the medical and healthcare industry due to COVID-19, which is projected to further boost the already explosive growth of the nitrile gloves market.
Smooth textured black nitrile gloves will continue to gain traction during the projected timeframe given their similarly increasing usage in the food industry in order to protect food from any contamination, the tattoo industry to prevent contamination, and the many others relying on nitrile gloves for safety.
Powder-free gloves in general will grow beyond $8 billion by the end of 2027, mostly on account of it’s comfort and that it’s skin-friendly and can be worn for a longer time period without risk of allergic reaction. Additionally, the nitrile gloves used for surgery and patient examination are further specialized to help provide protection against human body fluids and diseases. These medical grade nitrile gloves are the most durable and tear resistant, enhancing their application on even sharper instrument and objects. They also provide superior resistance and higher barrier protection against chemicals, and have longer shelf life; this will also foster nitrile gloves market share.
Nitrile gloves are commonly used in various auto making and auto maintenance procedures as well, including car assembling, mechanic work and general automotive maintenance. As a result of this, this market has also witnessed massive demand from these automotive industries to continue to safeguard workers from various hazardous solvents and chemicals. Furthermore, to reduce accidents at workplaces in the Europe, the government is mandating several precautionary measures to benefit the workers, which will also boost nitrile glove sales within these markets.
As well, government regulation for these employees to adhere to these guidelines will further fuel explosive product demand in this region, and further support the nitrile gloves industry growth.