The Malaysian rubber Gloves Manufacturers Association claims the rubber glove market is set to rebound once inventory and production reach a "normalcy equilibrium."
PETALING JAYA: The Malaysian Rubber Glove Manufacturers Association (Margma) believes that demand for natural rubber gloves will make a comeback once buyers’ mindsets and concerns are appropriately addressed.
The Ministry of Plantation Industries and Commodities (MPIC) is optimistic that Malaysia will be able to achieve RM23.6 billion in rubber gloves export revenue this year.
The Malaysian Rubber Glove Manufacturers Association (Margma), in its Industry Brief 2022 released Wednesday, projected that Malaysia’s rubber gloves export revenue is expected to reach RM23.6 billion this year, compared to RM17 billion in 2019, and the year-on-year demand growth rate for rubber gloves is 10 to 12 per cent in 2022
KUALA LUMPUR, Aug 3 The Ministry of Plantation Industries and Commodities (MPIC) is optimistic that Malaysia will be able to achieve RM23.6 billion in rubber gloves export.