Product Code: ETC024285 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Gloves Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 3.36% in 2025, the growth rate steadily ascends to 6.51% in 2029.
Thailand's Gloves market is anticipated to experience a stable growth rate of 3.02% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Thailand gloves market is expected to witness growth of 6.5% CAGR during the forecast period (2025-2031). The increasing demand for disposable latex, nitrile, and vinyl gloves in medical healthcare activities such as surgery and diagnosis has stimulated the use of protective handwear in Thailand. The rising awareness among workers regarding occupational safety and health standards is further fuelling the glove industry in Thailand.
A major driver boosting the sale of gloves in Thailand is its growing healthcare sector which requires disposable medical grade hand protection gear that includes examination gloves, surgical gloves, etc., due to their superior properties like resistance to infection & chemicals. With cleanliness becoming a top priority across foodservice establishments worldwide, there has been an escalation in demand for disposable food service products like cut resistant sleeves & aprons along with single-use/disposable gloves used by kitchen staffs while cooking or handling readymade meals thus driving sales within this segment globally.
Prolonged pandemic situation has led to shortage/price fluctuation of raw materials used for manufacturing various types of protective handwear resulting into increased cost per piece production thus hampering profit margins for manufacturers depending on these sources leading them towards economic losses over time unless some alternate solutions are implemented quickly at scale level or else it can lead towards long term adversely affecting many players who rely heavily upon imports from countries affected by virus outbreak including China since it???s one of main suppliers globally providing supplies related consumables directly related with COVID 19 response efforts. Another challenge faced by manufacturers operating within this domain include influx imitation products entering market leading towards substandard quality product offered at lower price points compared original ones thus reducing overall sales turnover rate drastically if not addressed properly thereby forcing makers face tough competition prevail till recently when few producers began offering CE certified items instead earlier uncertified ones recent times helped improve situation somewhat but still more needs done make sure unfair practices don???t occur future causing huge financial losses entire industry stakeholders down line.
The Thailand gloves market has been impacted by the COVID-19 pandemic, as there is an increased demand for protective medical and personal protective equipment (PPE) products. This has resulted in a surge in prices of disposable gloves due to higher costs of production and shipping.
The key players operating in this market are Top Glove Corporation Berhad, Hartalega Holdings Berhad, Supermax Corporation Berhad, Kossan Rubber Industries Bhd., Rubberex Corporation (M) Bhd., WRP Asia Pacific Sdn. Bhd. Others include Adventa Bhd., Riverstone Holdings Ltd., YTY Group Ltd., Semperit AG Holding among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Gloves Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Gloves Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Gloves Market - Industry Life Cycle |
3.4 Thailand Gloves Market - Porter's Five Forces |
3.5 Thailand Gloves Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Thailand Gloves Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Gloves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Gloves Market Trends |
6 Thailand Gloves Market, By Types |
6.1 Thailand Gloves Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Gloves Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Thailand Gloves Market Revenues & Volume, By Disposable Gloves, 2021-2031F |
6.1.4 Thailand Gloves Market Revenues & Volume, By Reusable Gloves, 2021-2031F |
6.2 Thailand Gloves Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Gloves Market Revenues & Volume, By Industrial Users, 2021-2031F |
6.2.3 Thailand Gloves Market Revenues & Volume, By Commercial Users, 2021-2031F |
6.2.4 Thailand Gloves Market Revenues & Volume, By Individual Users, 2021-2031F |
7 Thailand Gloves Market Import-Export Trade Statistics |
7.1 Thailand Gloves Market Export to Major Countries |
7.2 Thailand Gloves Market Imports from Major Countries |
8 Thailand Gloves Market Key Performance Indicators |
9 Thailand Gloves Market - Opportunity Assessment |
9.1 Thailand Gloves Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Thailand Gloves Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Gloves Market - Competitive Landscape |
10.1 Thailand Gloves Market Revenue Share, By Companies, 2024 |
10.2 Thailand Gloves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |