Logistics, Currency Issues Complicate Single-Use Glove Market

A container ship sails into the sunset.

Third of four parts

Throughout 2023, due to higher interest rates in the United States, the U.S. dollar exchange rate has been strong when compared with Asian currencies—and that helped to keep glove prices lower. The dollar exchange rates are now off their highs, which will erode the buying power of U.S. buyers.

This is all the more reason to order early and fill your inventory before outside factors complicate the market. AMMEX boasts a 98%-plus fill rate on its top products, so you stand to take advantage of an excellent opportunity.

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China Adds Volatility to Glove Market With Nitrile Push

Disposable gloves hang from hand formers at a factory.

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Pre-pandemic, China was a minor player in the nitrile disposable glove market. Post-pandemic, it has substantially grown its overall nitrile production capacity and is expected to grow it further.

In the single-use glove industry, factories—especially in Malaysia, the world’s No. 1 glove-producing nation—continue to have utilization challenges, with some operating at as low as 20% capacity, and others in the 40%-50% range.

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Glove Market Update: Strong Potential for Growth Is Forecast in ’24

A hand draws an upward curve that reads "Sales."

Now that 2024 has arrived, we’re a year further from the pandemic. Multiple trends are continuing to impact glove market conditions, from pricing of NBR (nitrile butadiene rubber) and PVC (polyvinyl chloride) to logistics, energy, and coal prices.

Overall, disposable glove use in the United States continues the upward trajectory it has been on since the 1980s. The market is projected to experience healthy growth throughout the next decade, again proving to be an excellent business opportunity.

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Transition Your Food Service Customers to Nitrile Gloves

Wearing nitrile disposable gloves to cut meat.

In the food service market, price can be an outsized factor for single-use gloves. With a lot of eateries operating on razor-thin margins, operators often must be frugal.

At the same time, safety and hygiene are paramount when working with food. That makes disposable gloves much more than simple accessories—they are vital tools in preventing contamination and ensuring the safety of both staff and customers (and, ultimately, the business).

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A Little Glove Foresight Can Help Prevent Jan/San Injuries

Cleaning carpet while wearing Gloveworks green nitrile disposable gloves.

When you think of professions with high injury rates, you most likely turn to such jobs as commercial fishing, logging, or roofing. Janitorial work may not seem perilous—but the injuries jan/san crews suffer should not be taken lightly.

Especially troublesome are hand injuries, which can result in missed work, elevated worker’s comp premiums, and less quality control. A solution can be as simple as ensuring employees have the right glove for the job—something that AMMEX specializes in.

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4 Reasons Why You Should Work with AMMEX

Two people shake hands while wearing blue nitrile disposable gloves.

During the pandemic, many distributors scrambled to find a glove vendor—while others dropped products altogether, including single-use gloves, because of the difficulty and/or cost of obtaining them.

Have you asked why you are buying from your current disposable glove vendor? Now might be the time to make sure that your organization has a clear understanding of what differentiates your suppliers.

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Glove Market Update: Factory Utilization Likely to Stay Low Into ’24

Hand formers at a disposable glove factory wait between uses.

Most disposable glove factories prefer to run their production lines almost non-stop to make money, in a concept known as factory utilization. It is common that a factory needs a 50% utilization rate to break even.

Throughout 2023, factory utilization rates for most of the disposable glove industry have been well below 50% because of massive capacity added during the pandemic and high excess inventory amounts at the end-user level.

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Glove Market Update: The Roller-Coaster Ride of Logistics Costs

An 18-wheeler drives down a lonely highway with a sunrise in the background.

Costs of doing business in the disposable glove market seem to be leveling off after several years of big swings. United Parcel Service and the Teamsters reached a deal to avoid a strike by getting the raises the drivers wanted. Thus, higher labor costs will likely affect the price of most goods they transport.

The International Longshore and Warehouse Union and Pacific Maritime Association also forged their own deal after months of labor strife; you can expect that agreement to eventually factor into product costs as well.

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