Yahoo Finance Europe Cleanroom Disposable Gloves Market to reach $933.2 million by 2030: Allied Market Research
Large consumer base and strict regulations fuel the Europe cleanroom disposable gloves market. On the other hand, rise in the installation of industrial robots in the semiconductors sector hampers the market growth. On the contrary, rise in the trend of cleanroom spaces creates several opportunities.
Portland, Dec. 09, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the Europe cleanroom disposable gloves market generated $229.9 million in 2020, and is predicted to reach $933.2 million by 2030, exhibiting a CAGR of 13.5% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.
Large consumer base and strict regulations fuel the Europe cleanroom disposable gloves market. On the other hand, rise in the installation of industrial robots in the semiconductors sector hampers the market growth. On the contrary, rise in the trend of cleanroom spaces creates several opportunities.
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COVID-19 scenario:
The spread of COVID-19 increased the demand for cleanroom disposable gloves from the pharmaceutical & medical devices sector and hospitals.
Multinational companies had to face lockdown restrictions in different countries and this hindered manufacturing operations during the pandemic.
Procurement of raw materials was challenging owing to the disruption in logistics.
The COVID-19 spread in China and around the world had impacted the healthcare system and health expenditure. This has positively impacted the demand for cleanroom consumables such as disposable gloves.
Preventive practices followed by medical staff such as double gloving and frequent change of gloves have caused an increase in the use of gloves.
The report segments the Europe cleanroom disposable gloves market on the basis of material type, product, end-user, and country.
Based on end-user, the pharmaceuticals industry segment accounted for the largest market share in 2020, contributing to around one-fifth of the total share, and is expected to maintain the lead throughout the forecast period. Moreover, the same segment is estimated to witness the fastest CAGR of 18.0% from 2021 to 2030. The report also covers segments such as the aerospace industry, disk drives industry, flat panels industry, food industry, hospitals, medical devices industry, and semiconductor industry.
Based on product, the non-sterile segment contributed to the highest market share in 2020, attributing to more than two-thirds of the total market share, and is anticipated to dominate the market during the forecast period. On the other hand, the sterile segment is expected to manifest the fastest CAGR of 13.6% from 2021-2030.
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Based on region, Germany contributed to the highest share in 2020, holding more than one-fifth of the total share, and is expected to maintain dominance during the forecast period. The Europe cleanroom disposable gloves market across Finland is anticipated to exhibit the fastest CAGR of 20.9% during the forecast period.
Key players of the Europe cleanroom disposable gloves market analyzed in the research include Hartalega Holdings Berhad (Hartalega), Ansell Ltd. (Ansell), Supermax Corporation Berhad (Supermax), Protectlex Company LLC (Protectlex), Kossan Rubber Industries Ltd (Kossan), Nitritex Ltd. (Nitritex), Dynarex Corporation (Dynarex), Semperit AG Holding (Semperit), Cardinal Health, INC. (Cardinal), and Biostar Lifetech (Biostar).
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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