Latest Report Update: Jan 8, 2022

Asia - Gloves, Mittens and Mitts (Excluding Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Asia: Gloves Market Overview 2022

Gloves Market Size in Asia

In 2020, the Asian gloves market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2020 and is likely to see steady growth in the immediate term.

Gloves Production in Asia

In value terms, gloves production rose modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. The level of production peaked in 2020 and is likely to continue growth in years to come.

Production by Country in Asia

China (X pairs) remains the largest gloves producing country in Asia, comprising approx. X% of total volume. Moreover, gloves production in China exceeded the figures recorded by the second-largest producer, India (X pairs), fivefold. Indonesia (X pairs) ranked third in terms of total production with a X% share.

In China, gloves production expanded at an average annual rate of +X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: India (+X% per year) and Indonesia (+X% per year).

Gloves Exports

Exports in Asia

In 2020, exports of gloves, mittens and mitts (excluding knitted or crocheted) in Asia contracted to X pairs, reducing by -X% on the previous year's figure. Overall, exports, however, showed a strong expansion. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X pairs in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, gloves exports dropped remarkably to $X in 2020. Total exports indicated a noticeable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. The level of export peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

China prevails in gloves exports structure, recording X pairs, which was approx. X% of total exports in 2020. It was distantly followed by Viet Nam (X pairs), mixing up an X% share of total exports. The following exporters - Indonesia (X pairs), Cambodia (X pairs), Thailand (X pairs), India (X pairs), Bangladesh (X pairs) and Taiwan (Chinese) (X pairs) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to gloves exports from China stood at +X%. at the same time, Cambodia (+X%), Bangladesh (+X%), Thailand (+X%), Viet Nam (+X%), Indonesia (+X%), Taiwan (Chinese) (+X%) and India (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. China (+X p.p.), Viet Nam (+X p.p.) and Cambodia (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest gloves supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

In China, gloves exports increased at an average annual rate of +X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and Indonesia (+X% per year).

Export Prices by Country

In 2020, the gloves export price in Asia amounted to $X per pair, dropping by -X% against the previous year. Overall, the export price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, export prices attained the maximum at $X per pair in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. in 2020, the country with the highest price was Viet Nam ($X per pair), while Bangladesh ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

Gloves Imports

Imports in Asia

In 2020, approx. X pairs of gloves, mittens and mitts (excluding knitted or crocheted) were imported in Asia; which is down by -X% on 2019. in general, imports recorded a slight setback. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. As a result, imports reached the peak of X pairs. from 2012 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, gloves imports shrank to $X in 2020. Total imports indicated a slight increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Japan (X pairs), South Korea (X pairs) and Malaysia (X pairs) represented the main importer of gloves, mittens and mitts (excluding knitted or crocheted) in Asia, making up X% of total import. It was distantly followed by Saudi Arabia (X pairs), the United Arab Emirates (X pairs) and Yemen (X pairs), together generating a X% share of total imports. Taiwan (Chinese) (X pairs), Thailand (X pairs), Kazakhstan (X pairs), Indonesia (X pairs), Hong Kong SAR (X pairs), Sri Lanka (X pairs) and Iran (X pairs) occupied a relatively small share of total imports.

From 2007 to 2020, the biggest increases were in Sri Lanka, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest gloves importing markets in Asia were Japan ($X), South Korea ($X) and the United Arab Emirates ($X), together comprising X% of total imports. These countries were followed by Thailand, Hong Kong SAR, Taiwan (Chinese), Malaysia, Saudi Arabia, Kazakhstan, Sri Lanka, Indonesia, Iran and Yemen, which together accounted for a further X Lanka saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the gloves import price in Asia amounted to $X per pair, growing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. Over the period under review, import prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. in 2020, the country with the highest price was Japan ($X per pair), while Yemen ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gloves, mittens and mitts (excluding knitted or crocheted) in Asia?
+
The country with the largest volume of gloves consumption was China (30M pairs), comprising approx. 36% of total volume. Moreover, gloves consumption in China exceeded the figures recorded by the second-largest consumer, India (10M pairs), threefold. Japan (4.5M pairs) ranked third in terms of total consumption with a 5.4% share.
What are the largest producers of gloves, mittens and mitts (excluding knitted or crocheted) in Asia?
+
China (51M pairs) remains the largest gloves producing country in Asia, comprising approx. 49% of total volume. Moreover, gloves production in China exceeded the figures recorded by the second-largest producer, India (11M pairs), fivefold. Indonesia (5.4M pairs) ranked third in terms of total production with a 5.1% share.
What are the leading suppliers of gloves, mittens and mitts (excluding knitted or crocheted) in Asia?
+
In value terms, China ($376M) remains the largest gloves supplier in Asia, comprising 55% of total exports. The second position in the ranking was occupied by Viet Nam ($147M), with a 22% share of total exports. It was followed by Indonesia, with a 6.8% share.
What are the leading importers of gloves, mittens and mitts (excluding knitted or crocheted) in Asia?
+
In value terms, the largest gloves importing markets in Asia were Japan ($40M), South Korea ($22M) and the United Arab Emirates ($6.7M), with a combined 53% share of total imports. Thailand, Hong Kong SAR, Taiwan (Chinese), Malaysia, Saudi Arabia, Kazakhstan, Sri Lanka, Indonesia, Iran and Yemen lagged somewhat behind, together accounting for a further 22%.
What is the average export price for gloves, mittens and mitts (excluding knitted or crocheted) in Asia?
+
The gloves export price in Asia stood at $24 per pair in 2020, with a decrease of -2.6% against the previous year.
What is the average import price for gloves, mittens and mitts (excluding knitted or crocheted) in Asia?
+
The gloves import price in Asia stood at $19 per pair in 2020, with an increase of 2.9% against the previous year.

Product coverage:
• Prodcom 14192370 - Gloves, mittens and mitts (excluding knitted or crocheted)

This report provides an in-depth analysis of the gloves market in Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Physical Terms, by Country, 2007–2020
Table 7:
Imports, in Value Terms, by Country, 2007–2020
Table 8:
Import Prices, by Country of Destination, 2007–2020
Table 9:
Exports, in Physical Terms, by Country, 2007–2020
Table 10:
Exports, in Value Terms, by Country, 2007–2020
Table 11:
Export Prices, by Country of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Exports and Growth
Figure 11:
Export Prices and Growth
Figure 12:
Market Size and Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports and Growth
Figure 15:
Import Prices
Figure 16:
Production, in Physical Terms, 2007–2020
Figure 17:
Production, in Value Terms, 2007–2020
Figure 18:
Production, by Country, 2020
Figure 19:
Production, in Physical Terms, by Country, 2007–2020
Figure 20:
Imports, in Physical Terms, 2007–2020
Figure 21:
Imports, in Value Terms, 2007–2020
Figure 22:
Imports, in Physical Terms, by Country, 2020
Figure 23:
Imports, in Physical Terms, by Country, 2007–2020
Figure 24:
Imports, in Value Terms, by Country, 2007–2020
Figure 25:
Import Prices, by Country, 2007–2020
Figure 26:
Exports, in Physical Terms, 2007–2020
Figure 27:
Exports, in Value Terms, 2007–2020
Figure 28:
Exports, in Physical Terms, by Country, 2020
Figure 29:
Exports, in Physical Terms, by Country, 2007–2020
Figure 30:
Exports, in Value Terms, by Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
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