Countries are running out of gloves and have to purchase even more to overcome the incoming shortage.
For next 2-3 years, glove manufacturers will have to even more gloves compared to this year. Eventually, price will increase over time and the simple answer to that is because of the decreasing amount of raw rubber latex materials to produce it.
It is expected that the demand will be higher than 350b gloves next year according to Careplus annual report 2020. What's next?
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