Glove makers soar after Biden slaps higher tariff on Chinese gloves dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.
Surgical Gloves MarketThe global surgical gloves market size is projected to develop at a compound annual growth rate (CAGR) of 4.5% and reach a worth of US$ 2.7 billion by 2022. According to a new estimate by Future Market Insights, synthetic gloves will account for 64.8% of the worldwide glove market in 2022.Accor.
PETALING JAYA: The recent improved export data and a steady average selling prices (ASPs) for glove manufacturers point to a positive recovery in demand.
Malaysia has some of the world’s largest glove makers, but their pricing power has been diminishing due to competition from Chinese and Thai players who make cheaper gloves.
Supermax Corp Bhd has enjoyed a rather spectacular rise to glory from when it first started out in 1987 as a humble trading business which distributed latex gloves.