Thai Latex Entrepreneurs Hope To Get Government Funding Support And Strive To Gain 20% Of The Global Latex Glove Market Share

- Dec 17, 2020-

On December 12, 2020, according to the chairman of the Thai Mattress Manufacturers Association, Willa Shih revealed that due to the impact of the new crown pneumonia epidemic this year, the demand for latex gloves in the global market has risen to 20%, reaching 350 billion pairs. The demand for latex gloves will continue to increase next year, with an increase of not less than 10%; I believe that the demand for latex gloves will continue to increase next year. Therefore, we call on the Thai government to provide financial support to latex enterprises, increase the productivity of latex gloves, and relax urban planning regarding the establishment of latex The factory restricts conditions in order to gain a 20% share of the global latex glove market.


At present, Thailand has 19 latex glove production factories with a productivity of about 46 billion pairs, of which 88% or 38 billion pairs of latex gloves are medical gloves. 90% of the latex gloves produced in Thailand are exported abroad, and the export of latex gloves ranks second in the world. .


Wirashiy stated that the Thai Latex Glove Manufacturers Association is ready to promote Thai latex glove manufacturers to expand their investment scale in order to enhance their competitiveness in all aspects, and to achieve the acquisition of Thai latex gloves based on the increase in demand for latex gloves in the global market Increase the global market share from 15% to 20%, and build Thailand into a global latex glove production center. Call on the government to provide financial support to latex glove manufacturers to meet the investment of enterprises to expand productivity and create more foreign exchange income for the country.


The goal of the Thai Latex Glove Manufacturers Association is to build Thailand into a global latex production center. At present, both Malaysia and China have expanded the production scale of latex gloves, especially Thailand, where China’s share of the global market is close to second. Although the new crown vaccine will come out in 2021, the demand for latex gloves is still very large, so it is a good opportunity for Thailand.


Weila Shi said that Thailand has long been the world's largest producer and exporter of latex gloves, because it has advantages in latex production raw materials and technology, and the quality of latex gloves produced is fully recognized by the global market, but it still needs continuous technology To update and expand the scale of investment, the Association is willing to act as a liaison organization to maintain close communication with the government to solve existing problems and promote the position of Thailand's latex glove manufacturing industry in the global market. In particular, it helps latex glove manufacturers to improve product quality and expand productivity. At present, Thai latex glove manufacturers are facing problems such as funding sources, municipal planning systems, cumbersome application procedures for setting up latex glove production plants, and difficulty in approval.