Leading market players are investing heavily in research and development to expand their product lines, which will help the latex gloves market grow even more. Market participants are also undertaking numerous strategic activities to enhance their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the latex gloves industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global latex gloves industry to benefit clients and increase the market sector. In recent years, the Latex Gloves industry has offered some of the most significant advantages to medicine. Major players in the Latex Gloves market, including Ansell Healthcare (U.S.), Clean Q Grip (Malaysia), Hartalega Holdings Berhad (Malaysia), SHIELD Scientific (The Netherlands), Cardinal Health (U.S.), and others, are attempting to increase market demand by investing in research and development operations.
Medline Industries LP manufactures and distributes healthcare supplies. The firm offers products under numerous categories Industrial hand gloves, including gloves, textiles, skincare, protective apparel, durable medical equipment, gauze, packs and gowns, bathing systems, surgical trays, and advanced wound care. It serves various markets, including integrated delivery networks, surgery centers, acute care, long-term care, life sciences, emergency medical services, home health, managed care, hospice, physician office, assisted living, laundry, and consumer products. The company markets the products directly and through a network of distribution centers in North America and worldwide.
In January 2020, Medline developed Médi-Sélect in Canada, a manufacturer of medical and dental supplies. This acquisition will support Médi-Sélect to acquire new consumers in the country, thereby enhancing revenue growth.
Ansell Limited provides health and safety protection solutions that improve lives across various industries. It creates, manufactures and markets a wide range of hand and arm protection solutions and hospital clothing. It also offers medical gloves and healthcare and industrial safety solutions. Ansell offers its products to healthcare professionals, patients, industrial workers and consumers. The company conducts research to develop innovative products. It has manufacturing and packaging facilities in various countries. In January 2021, Ansell Limited announced that it finalized the Primus brand purchase and relevant attributes comprising the Life Science division of Primus Gloves and Sanrea Healthcare Products.