Disposable Gloves Market to Expand at 4.2% CAGR, Forecast to Hit USD 19.5 Billion by 2033
The Disposable Gloves Market is projected to grow significantly, reaching approximately USD 19.5 billion by 2033, up from USD 12.9 billion in 2023, reflecting a compound annual growth rate (CAGR) of 4.2% from 2024 to 2033. This growth is driven by several factors, including the rising awareness of hygiene and safety protocols, particularly in healthcare settings, which has been further emphasized by the COVID-19 pandemic. The medical sector remains the dominant end-user, accounting for over 75% of the market share in 2023, due to the essential role of disposable gloves in preventing cross-contamination and maintaining hygiene standards. Challenges in the…
- Date: May 22, 2024
- Author: Robert Shaw
- Category: PharmiWeb