Disposable Medical Gloves Procurement Intelligence
In this Disposable Medical Gloves procurement intelligence report, we have estimated the key cost components as cost of raw materials, equipment & machinery, labor costs, energy, transportation & storage, and other expenses. The other expenses typically include quality assurance, taxes, depreciation, rent & utilities, and administrative expenses.
Cost of raw materials (primarily natural rubber, priced around 11.3 - 12.3 CNY/kg, and PVC, priced around 7,000 - 7,100 CNY/T) alone constitutes 45% - 50% of the total cost of ownership. The availability and the quality of raw materials significantly influence the performance of the gloves. In addition, factors such as oil prices and other macroeconomic conditions affect the prices of raw materials to a certain extent, which in turn affects disposable health protection solutions.
Another significant factor that affects the price of disposable gloves is transportation. Significant price rises in ocean freight contracts are already being felt by importers. The fact that gloves are produced in Southeast Asia, primarily in Malaysia, Vietnam, and China, necessitates more expensive ocean shipping for clients based out of western nations. In addition, the prices of fuel (in case of road transportation) adds-on to the expenses as well.
Order your copy of the Disposable Medical Gloves category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Operational Capabilities - Disposable Medical Gloves
- Geographic Service Provision - 25%
- Years in Service - 20%
- Revenue Generated - 20%
- Certification - 20%
- Employee Strength - 15%
Functional Capabilities - Disposable Medical Gloves
- Material Used - 25%
- End-User Industries - 20%
- Type of Gloves - 15%
- Features - 15%
- Sterilization - 10%
- Glover Certificates - 10%
- Others - 5%
Rate Benchmarking
The prices of disposable medical gloves depend on certain factors such as the material of which the glove is made, thickness, the features a glove possesses (such as powered, beaded, textured, sterile / non-sterile, etc.), the brand, sizes, and the quantity of purchase.
In the U.S., a box of 100 disposable latex gloves may cost between $10 and $20, whereas a package of 100 nitrile gloves could cost anywhere from $10 to $25. In addition, a box of 100 plastic (PE) gloves can range in price from $3 to $10. Furthermore, a box of 100 vinyl gloves, can cost between $5 and $12. In India, the prices of non-sterile disposable medical gloves range from USD 2.0 to USD 4.0 per for a box of 100 disposable whereas sterile disposable medical gloves range from USD 2.0 to USD 10.0 per for a box of 100 disposable.
Rising demand for PPEs across the globe after the outbreak of COVID-19 pandemic has led to the rise in the prices of disposable medical gloves. Also, these gloves can be more or less expensive or available depending on the location.
Supplier Newsletter
In March 2023, Ansell Limited announced that it has acquired Careplus (M) Sdn Bhd. The acquisition will enable Ansell to take advantage of prospects for value creation in new product development, careful insourcing, capacity growth for important styles, and manufacturing productivity enhancements. In addition, it will support Ansell’s goal of gaining more authority over its supply chain and manufacturing.
In October 2022, Rubberex Corporation (M) Berhad has announced the acquisition of Reszon Diagnostics International Sdn Bhd (RDI). This acquisition supported Rubberex’s expansion to healthcare and other associated sectors. In addition, Rubberex is able to supply a greater variety of items to the market and an additional source of revenue besides personal protective equipment.
In September 2022, B. Braun Medical Inc. announced the acquisition of Clik-FIX catheter securement device portfolio from Starboard Medical, Inc. The acquisition is helping B. Braun Medical Inc. in innovating new programs and product to enhance patient outcomes and experience with peripheral intravenous (IV) therapy. In addition, the company will gain knowledge and business capabilities that will enable it to continue to address the changing needs of its clients and maintain its position as a market leader in IV therapy.
List of Key Suppliers
- Ansell Limited
- Braun SE
- Cardinal Health, Inc.
- Hartalega Holdings Berhad
- Innovative Gloves Co., Ltd.
- Kossan Rubber Industries Berhad
- Mercator Medical S.A.
- Rubberex Corporation (nowHextar Healthcare Berhad)
- Semperit AG Holding
- Supermax Corporation Berhad
- Top Glove Corporation Berhad
- UG Healthcare Corporation Limited
Browse through Grand View Research’s collection of procurement intelligence studies:
- Loyalty Programs Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
- Helium Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Disposable Medical Gloves Procurement Intelligence Report Scope
- Disposable Medical Gloves Category Growth Rate : CAGR of 3.0% from 2023 to 2030
- Pricing Growth Outlook : 5% - 10% increase (Annually)
- Pricing Models : Bulk-pricing, competition-based pricing
- Supplier Selection Scope : Cost and pricing, past engagements, productivity, geographical presence
- Supplier Selection Criteria : Years in service, geographic service provision, certifications, material used, end-user industries, type of gloves, features, sterilization, and others
- Report Coverage : Revenue forecast, supplier ranking, supplier positioning matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions