|In 2020, demand for disposable gloves and personal protective equipment is at all-time highs. The global spread of the novel coronavirus has completely taken over the conversation—and the market—as glove manufacturers struggle to keep the supply chain moving.
Also on the rise, of course, is the cost of doing business. With shortages of raw materials and labor, and restrictions on who gets priority access to PPE, glove prices are going up. It’s not a matter of gouging, but simple economics: demand rises, supply drops, gloves get more expensive.
The global disposable gloves market is experiencing explosive growth. Today’s overwhelming demand for personal protective equipment is expected to continue unabated as glove manufacturers in Southeast Asia struggle to keep up with orders.
Health-related fears driven by the novel coronavirus are of course a major factor in the industry’s current economic boom. But beyond that, the use of disposable gloves, especially in the industrial safety sector, has been steadily on the rise.