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Frost & Sullivan: Saturated Disposable Gloves Market Uses Novel Materials to Tap New Revenue Opportunities

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Frost & Sullivan: Saturated Disposable Gloves Market Uses Novel Materials to Tap New Revenue Opportunities PR Newswire MOUNTAIN VIEW, California, June 20, 2012 - Latex gloves make way for synthetic or lower-protein latex alternatives MOUNTAIN VIEW, California, June 20, 2012 /PRNewswire/ -- The North American disposable gloves market has made continual, although tepid progress, over the last few decades because of recurring demand from the medical segments. While the medical disposable gloves segment is saturated, certain underserved end-users, such as alternate care, dentistry, and long-term care, offer opportunities for growth. New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Analysis of the North American Disposable Gloves Market, finds that the market earned revenues of $2.81 billion in 2011 and estimates this to reach $3.22 billion in 2016, boosted by increasing safety regulations and end-user awareness regarding hygiene, risk of contamination and infection. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country. The non-medical segment is not as highly penetrated as the medical segment, due to the lack of regulations and awareness.

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Frost & Sullivan: Saturated Disposable Gloves
Market Uses Novel Materials to Tap New
Revenue Opportunities
PR Newswire
MOUNTAIN VIEW, California, June 20, 2012
- Latex gloves make way for synthetic or lower-protein latex
alternatives
MOUNTAIN VIEW, California
,
June 20, 2012
/PRNewswire/ -- The North American
disposable gloves market has made continual, although tepid progress, over
the last few decades because of recurring demand from the medical segments.
While the medical disposable gloves segment is saturated, certain underserved
end-users, such as alternate care, dentistry, and long-term care, offer
opportunities for growth.
New analysis from Frost & Sullivan (http://www.chemicals.frost.com),
Analysis
of the North American Disposable Gloves Market
, finds that the market
earned revenues of
$2.81 billion
in 2011 and estimates this to reach
$3.22
billion
in 2016, boosted by increasing safety regulations and end-user
awareness regarding hygiene, risk of contamination and infection.
If you are interested in more information on this research, please send an
email to Jeannette Garcia, Corporate Communications, at
jeannette.garcia@frost.com, with your full name, company name, job title,
telephone number, company email address, company website, city, state and
country.
The non-medical segment is not as highly penetrated as the medical segment,
due to the lack of regulations and awareness. Disposable gloves are finding
increasing application in segments such as advanced technology, service and
food industries, which are not traditional users of this product. The low entry
barriers attract more participants to the already overcrowded market and
create pricing pressures. This increase in price pressure restrains the average
selling price and, in turn, overall revenues of the disposable gloves market.
Further, the volatile raw material prices of both natural and synthetic rubber
have placed additional pressure on suppliers to revise product prices many
times a year. This creates dissatisfaction among the highly price-sensitive end-
users.
"In this scenario, suppliers can improve uptake by educating potential users
about the associated high costs of treating hospital-acquired infections," said
Frost & Sullivan Research Analyst Anita Pamu. "Non-medical end-users are also
realizing the importance of wearing gloves, but the pace of uptake depends on
them being aware of their choices and picking a task-appropriate glove."
Another consequence of the price fluctuations is that the cost of latex has
increased significantly over the past 12 months. This has dissipated the cost
advantage latex had over synthetics. For example, the synthetic material nitrile
is rapidly gaining ground in the market, and by cause many branded
manufacturers are developing product lines using this commodity.
"There has been a continued conversion to synthetic or gloves that contain
lower protein due to concerns of latex allergies," said Pamu. "Moreover,