Market Opportunities for Medical Gloves in China (June 2016)

85 pages. As the world's most populous nation, China offers a huge market for medical devices including rubber gloves. The country also remains one of the fastest growing economies in the world with an economic growth of 5.8% to reach a Gross Domestic Products (GDP) of USD11 trilion in 2015. Latest trade statistics shows in 2015, China was the sixth largest importer of rubber gloves comprising surgical and examination gloves from Malaysia while Malaysia remained as the largest exporter of rubber gloves to China. In the next five years (2016-2020) China is expected to register growth in terms of healthcare expenditure, healthcare facilities and healthcare workers (medical doctors and nurses). Demand for medical gloves is projected to increase with natural rubber gloves currently makes up 75% of the total demand for medical gloves in China. This report examines the potential increase in demand for medical gloves, provide updates on the supply channel of medical gloves in key regions and to identify market opportunities for Malaysian companies. Information on local manufacturing in China, procurement practices of the public sector and regulatory requirements were also covered in this study. With this report, MREPC continues to play its role as a provider of market information to the rubber product industry in Malaysia and in assisting Malaysian rubber products manufacturers to assess key markets for their range of products. MREPC welcomes feedbacks from Malaysian exporters in making this and similar reports more useful and relevant in the future.