Southern Asia: Gloves Market 2025

Gloves Market Size in Southern Asia

The South Asian gloves market reduced to $X in 2022, approximately mirroring the previous year. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.5% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Gloves Production in Southern Asia

In value terms, gloves production declined modestly to $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.4% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 34%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Gloves Exports

Exports in Southern Asia

In 2022, the amount of gloves, mittens and mitts (excluding knitted or crocheted) exported in Southern Asia declined slightly to X pairs, shrinking by -4.2% on the previous year. The total export volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 48%. As a result, the exports attained the peak of X pairs. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, gloves exports amounted to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.7% against 2014 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

India (X pairs), Pakistan (X pairs) and Bangladesh (X pairs) represented roughly 93% of total exports in 2022. It was distantly followed by Sri Lanka (X pairs), making up a 6.6% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bangladesh (with a CAGR of +5.3%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Pakistan ($X) and Bangladesh ($X) constituted the countries with the highest levels of exports in 2022, with a combined 94% share of total exports.

India, with a CAGR of +8.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Southern Asia stood at $X per pair in 2022, increasing by 5.4% against the previous year. Export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gloves export price increased by +101.1% against 2016 indices. The growth pace was the most rapid in 2017 when the export price increased by 48% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per pair), while Bangladesh ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.4%), while the other leaders experienced more modest paces of growth.

Gloves Imports

Imports in Southern Asia

In 2022, purchases abroad of gloves, mittens and mitts (excluding knitted or crocheted) decreased by -5.3% to X pairs, falling for the second year in a row after three years of growth. Overall, imports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2014 with an increase of 129%. The volume of import peaked at X pairs in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, gloves imports reduced to $X in 2022. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 49%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

India represented the major importer of gloves, mittens and mitts (excluding knitted or crocheted) in Southern Asia, with the volume of imports recording X pairs, which was approx. 44% of total imports in 2022. Nepal (X pairs) held the second position in the ranking, followed by Bangladesh (X pairs) and Sri Lanka (X pairs). All these countries together held approx. 48% share of total imports. Pakistan (X pairs) and Afghanistan (X pairs) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of +20.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Nepal ($X) and Pakistan ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 87% of total imports.

Nepal, with a CAGR of +21.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per pair in 2022, which is down by -3.6% against the previous year. Import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gloves import price increased by +47.4% against 2020 indices. The growth pace was the most rapid in 2015 when the import price increased by 54%. Over the period under review, import prices hit record highs at $X per pair in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Afghanistan ($X per pair), while Bangladesh ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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