The Global Gloves Market is expected to grow with a CAGR of 9.4% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.
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The global gloves market is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenarios.
Some of the major players dealing in the global gloves market are introducing a wide range of products along with adopting strategic initiatives such as acquisitions, agreements, business expansions, and awards and recognitions into the market. These help companies maximize sales with an enhanced product portfolio.
For instance,
- In August 2022, Top Glove Corporation Bhd announced that the company has been named ‘Company of the Year’ in overall excellence under the manufacturing category at Sustainability & CSR Malaysia Awards 2022. This results in recognition of the company’s Corporate Social Responsibility (CSR) activities that promote sustainability in the world.
Rubberex Corporation (M) Berhad, is the dominating player in the global gloves market. The other key players existing in the market are Tenacious Holdings, Inc. (dba Ergodyne), MCR Safety, Cardinal Health, Lakeland Inc., Shamrock Manufacturing Co. Inc, VIP GLOVE SDN BHD (Malaysia), Midas Safety, Superior Glove, Hartalega Holdings, 3M, Kimberly-Clark Worldwide, Inc, ANSELL LTD., Honeywell International Inc, DuPont de Nemours Inc., Top Glove Corporation Bhd, Comfort Rubber Gloves Industries Sdn Bhd, and DELTA PLUS among others.
Rubberex Corporation (M) Berhad.
Rubberex Corporation (M) Berhad. was founded in the year 1987 and is headquartered in Malaysia. The company is committed to providing comprehensive hands safety solutions to meet customers’ requirements, balancing their needs on safety and comfort. It is engaged in the development of different types of gloves. It has several product categories including latex gloves, neoprene gloves, and nitrile gloves of which latex gloves, neoprene gloves, and nitrile gloves are the market focused categories. It has a wide presence across Europe and Asia-Pacific. It has various subsidiaries that include Diamond Grip (M) Sdn. Bhd., Rubberex (Hong Kong) Limited, and Pioneer Vantage Limited among others.
VIP GLOVE SDN BHD (Malaysia)
VIP GLOVE SDN BHD was founded in the year 2016 and is headquartered in Selangor, Malaysia. The company focuses to produce the finest gloves that offer supreme protection and comfort to customers. It has product category that includes gloves and it is the market focused category as well. It is engaged in the development of different types of gloves.
For instance,
- In August 2021, VIP Gloves Limited (VIP), a nitrile glove manufacturer with operations in Malaysia and listed on the Australian Securities Exchange, will now be able to proceed with marketing activities in the U.S. after meeting the U.S. Food and Drug Administration’s (FDA) procedural requirements related to imports from non-U.S. sources into the country.
The company has a presence across Asia-Pacific. It has various subsidiaries such as VIP GLOVES LIMITED among others.
Kimberly-Clark Worldwide, Inc.
Kimberly-Clark Worldwide, Inc. was founded in the year 1872 and is headquartered in Wisconsin, U.S. The company focuses on manufacturing and marketing of wide range of personal care and consumer products that are using advanced technologies in fibers, nonwoven, and absorbency. It has several product categories including dispensers, hand towels, skincare & sanitizers, bathroom tissues, air freshener, washroom accessories, Personal Protective Equipment (PPE), napkins, scientific PPE, facial tissues, and wipers in which Personal Protective Equipment (PPE) is the market focused category. It is engaged in the development of different types of gloves.
For instance,
- In June 2022, Kimberly-Clark Professional expanded the “rightcycle” program, the first large-scale recycling effort for non-hazardous lab, cleanroom, and industrial PPE waste. This program results in the management of flex-film plastic packaging from Kimtech and KleenGuard products through recycling to improve environmental issues.
The company has a presence across North America, South America, Europe, Asia-Pacific, and Middle East and Africa. It has various subsidiaries such as Kimberly-Clark Bahrain Holding Company S.P.C., Bahrain Kimberly-Clark Brasil Holdings Limitada, Brazil Kimberly-Clark Canada Holdings, Inc., Kimberly-Clark Canada Inc., and Kanadischen Rechts & Co. K.G. among others.
