PRICE GUIDANCE
Disposable Glove Market
Prices for disposable gloves are continuing to rise. Based on data from dozens of manufacturers across Malaysia, Thailand, Vietnam, and China and interviews with industry analysts, the imbalance between supply and demand in the disposable glove industry continues unabated. That trend will continue at least through Q1 of 2021 based on even the most conservative forecasts.
Average sales prices (ASPs) of disposable gloves, regardless of material type—nitrile, latex, and vinyl—are going up. Latex and nitrile are also constrained by shortages of raw materials, which puts additional pressure on pricing.
Demand continues to be driven by the increased need for gloves worldwide, due to both the COVID-19 pandemic and a greater general awareness of health, safety, and hygiene. Industry estimates predict that we will not see a reprieve in pricing for the next six to nine months. Supply is constrained by glove manufacturing's inherent limitations—raw materials, labor, and capacity shortages.