Highlights

Rubber Glove companies till year 2023

Author: koolset   |   Latest post: Tue, 13 Apr 2021, 11:35 PM

 

585 Billion Glove Demands In Year 2021

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U.S. importer AmerCareRoyal and market analysts states that the global demand for gloves nearly doubled in a matter of months from 300 billion pieces in 2019 to 585 billion in August 2020.
 


But glove makers can only produce 370 billion a year—and while new capacity installed in 2021 will add about 50 billion more, that still leaves a shortfall of 165 billion gloves as the pandemic rages.

 

Benefiting the most are the Malaysian glove producers who together control nearly 60% of the North American market.

 

“We believe the demand will increase tremendously even after the pandemic disappears,” says Zyznowski, somewhat hopefully, “because billions of people became aware of the need for gloves.”



**
In year 1989, Wieslaw Zyznowski (age 25) founded Mercator Medical SA and Baza Wieslaw Zyznowski. Presently, he occupies the position of Chairman-Management Board at Mercator Medical SA and Partner at Mercator Medical (Thailand) Ltd. (a subsidiary of Mercator Medical SA). Dr. Zyznowski is also Partner at Anabaza Ltd. and Partner at Mercator Medical (Thailand) Ltd.
**

 

In the U.S. the Biden Administration aims to produce more than a billion gloves a month by the end of 2021, but that will only satisfy half of domestic demand. And almost no one, from market analysts to health officials, expects the madness to end anytime soon: Prices are still rising in 2021 even with vaccination campaigns under way around the world.
 

 


Every single month, the price of gloves has gone up. It’s a nice moneymaking opportunity if you’re a manufacturer.
 

 



Reference:
https://www.forbes.com/sites/giacomotognini/2021/02/11/billionaires-making-boatloads-of-money-from-once-cheap-medical-gloves/?sh=259e7ed9661c

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