Malaysia leads in innovative production of rubber gloves – MARGMA
06 Sep 2022
Malaysia continues to lead in innovative production of medical examination and surgical gloves, said Malaysian Rubber Glove Manufacturers Association (MARGMA).
Its president Dr S. Supramaniam said the country produces about 259 billion pieces of gloves which it supplies to 195 countries, fulfilling about 65 per cent of global demand.
“In 2021, the Rubber Glove Industry contributed RM54.81 billion, or 3.78 per cent, to Malaysia’s gross domestic product (GDP) due to the exceptional surge in demand and average selling price (ASP) as a result of the COVID-19 pandemic.
“Upon equilibrium, demand and ASP have normalised to pre-pandemic levels. Hence, this year we expect the rubber glove industry export value to be around RM23 billion, or about 1.2 per cent of 2022’s GDP,” he said in a statement at the 10th International Rubber Glove Conference and Exhibition (IRGCE).
He said global demand for rubber gloves is expected at around 399 billion pieces in 2022 with year-on-year annual growth expected at 10 to 12 per cent.
“Malaysian producers currently have the capabilities to produce at an advanced speed of between 42,000 to 45,000 million pieces of gloves per hour from a low of 3,000 pieces per hour, 12 years ago.
“Way back in 2008, it took us 9.7 workers/1 million gloves/month. However, due to investments into continuous automation, we expect by 2024, to hit 1.5 workers/1 million gloves/month,” he added.
Supramaniam said MARGMA believes natural rubber gloves are poised to make a comeback once buyers’ mindset and concerns are appropriately addressed.
“Alternative synthetics and natural rubber gloves will see wider consumer acceptance.
“The Industry is also advancing in the areas of the recycling economy with new raw materials, additives and substances that are environmentally friendly and biodegradable,” he said.
Source: Bernama
