As per earlier statistics and market expectations margma malaysian rubber glove manufacturers association had projected demand of rubber gloves to reach 300 billion pieces in 2020 with an annual growth of 12 however the current outbreak of novel covid 19 has resulted in a 100 surge in demand globally in the first few months of 2020.
Malaysian rubber glove industry.
Malaysia produces about 65 per cent of the world s supply for rubber gloves.
Malaysia also faces competition from lower cost countries such as indonesia and thailand as labor and operating costs rise.
Malaysia s low key rubber industry or more precisely glove making has became one of the hottest on the planet.
Malaysia s rubber glove industry is highly reliant on foreign workers to provide low cost manual labor.
A worker removes a latex glove from a hand shaped model on a production line.
In televisory s previous blog on an analysis of malaysian rubber glove industry it was analysed that the growth in the healthcare industry worldwide is one of the key drivers for the rubber gloves industry.
Moreover rubber gloves make up more than 70 of all the rubber good exports for malaysia.