KUALA LUMPUR: The global shortage of rubber gloves will last beyond the first quarter of 2022, according to Malaysian Rubber Glove Manufacturers Association.
Margma expects the country’s export revenue to hit RM29.8 billion this year with global demand estimated to reach 360 billion gloves.
As for 2021, Margma projects an annual demand growth rate of around 15-20 per cent moving forward with projected export revenue to be RM34 billion in 2021 with global demand set to hit 420 billion pieces of gloves.
