India Disposable Medical Gloves Market to Grow at a CAGR of 49.2% During 2024-2032

The India market for disposable medical gloves is being driven by the wide applicability of disposable gloves for professional and domestic use. Disposable gloves protect users against exposure to potentially harmful materials such as chemicals or viruses. The market, despite the coronavirus pandemic, witnessed a robust growth due to the heightened demand for these gloves in the healthcare sector. Additionally, the rising establishment of diagnostic centres in the country and the increasing medical tourism are leading to the increased utilisation of the product in surgical applications. Based on raw material, latex accounts for a considerable share of the market and is expected to generate significant revenues during the forecast period. Latex is a preferred choice of material, particularly in the healthcare sector, as latex gloves provide enhanced protection against bloodborne pathogens, and harmful chemicals, among other contaminants. In addition, the material offers heightened durability and flexibility, which further enables the protection of users from exposure to harsh conditions, or pathogens and bacteria in a medical setting. Furthermore, latex gloves are easily available either through online retail channels such as Amazon.com (NASDAQ: AMZN) or through direct purchase from supermarkets, and medical stores, such as pharmacies, which is another factor augmenting the market growth.

The growth of the health-conscious population is leading to the wide adoption of effective and efficient disposable gloves during daily activities to keep the hands safe from bacteria and germs. The emergence of e-commerce and the availability of disposable gloves that are biodegradable, to meet the changing consumer demands amid the rising eco-consciousness, are accelerating the market development. Additionally, the government initiatives that support the use of disposable gloves are contributing to the market expansion. For instance, in October 2020, the Government of India announced the relaxation in export norms of nitrile butadiene rubber (NBR) gloves, which are used by medical professionals, in a bid to promote the shipments of protective equipment. Furthermore, the market is likely to benefit from the initiatives taken by the leading market players towards offering disposable gloves made using superior quality material that offers comfort as well as durability.

Narang Medical Limited, a leader in the Indian market for disposable medical gloves, offers a wide variety of disposable gloves for medical purposes. These disposable gloves are available in different raw materials, including latex, vinyl, and nitrile. Latex gloves are available in both powdered and non-powdered forms and can be used for examination and surgical purposes. These disposable medical gloves are specifically manufactured to withstand excessive heat, prevent moisture, and have a shelf life of more than three years when stored in a favourable environment. Such innovations made by the key market players are expected to favour the market growth over the forecast period.

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Market Analysis by Form, Raw Material, Application, End Use, Distribution Channel, and Region:

• On the basis of form, the market can be divided into powdered and non-powdered.

• The market, based on raw material, can be segmented into latex, nitrile rubber, vinyl rubber, polyisoprene, neoprene, and polyethylene.

• Based on application, the market can be classified into examination gloves and surgical gloves.

• On the basis of end use, the market can be segmented into hospitals and clinics, and diagnostics and pathology labs, among others.

• Based on distribution channel, the market segmentations include direct purchase, medical stores, and online, among others.

• The major regional markets for disposable medical gloves in India are North India, East India, West India, and South India.

Key Findings of the Report:

• The COVID-19 pandemic accelerated the market growth of disposable medical gloves in India due to the heightened demand from the healthcare sector.

• The increasing medical tourism in the region and the increasing use of disposable gloves in surgeries are leading to the market expansion.

• The emergence of e-commerce channels and the growing availability of biodegradable disposable gloves are aiding the market development.

• The rising demand for latex-based disposable medical gloves due to their benefits like stretchability and protection against harmful substances, such as chemicals and viruses, is aiding the market growth.

Key Offerings of the Report:

• The EMR report gives an overview of the disposable medical gloves market in India for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) markets for forms, raw materials, applications, end uses, distribution channels, and regions of disposable medical gloves in India.

• It assesses the regional price trends for the (2018-2023) and (2024-2032) periods.

• The report analyses market dynamics, covering the key demand and price indicators in the market along with an assessment of the SWOT and Porter’s Five Forces Model.

The major players in the India disposable medical gloves 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., and GPC Medical Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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