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Health Care

Thailand ramps up medical glove production as it chases Malaysia

Companies set to invest over $800m in new capacity as global demand surges

The global market for medical gloves is estimated to have reached 345 billion pieces in 2020, spurred by the COVID-19 pandemic.   © Reuters

BANGKOK -- Investments in the production of rubber gloves are expected to exceed 24 billion baht ($800 million) over the next few years in Thailand, the world's largest producer of natural rubber, thanks to demand triggered by the COVID-19 pandemic.

At least five companies, not all in the medical industry, have been cranking up production of medical gloves in hopes that Thailand -- currently the second-largest manufacturer after Malaysia, which is far and away the biggest producer -- will gain a bigger share of the global market.

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