Posted on 417 The gloves market is poised to grow by USD 8.02 billion during 2020-2024 progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. Technavio has announced its latest market research report titled Global Gloves Market 2020-2024 (Graphic: Business Wire) For a More Detailed Analysis, The report on the gloves market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The market is driven by the increase in rubber production. Countries such as Cambodia, China, India, Indonesia, Malaysia, Papua New Guinea, the Philippines, Singapore, Sri Lanka, Thailand, and Vietnam account for almost 90% of global rubber production. These countries have been witnessing a steady growth in rubber production over the years. For instance, natural rubber production in India grew by 9.5% in 2019. This is positively influencing the growth of the market in focus. Also, the study identifies extreme weather conditions as one of the prime reasons driving the gloves market growth during the next few years.