Glove Rally With Vaccine - Gloves + Vaccine

Glove Rally With Vaccine - Gloves + Vaccine

1. http://www.globenewswire.com/news-release/2020/12/04/2139760/0/en/Global-8-98-Billion-Nitrile-Gloves-Disposable-Durable-Markets-2020-2027-Increasing-Demand-for-Single-use-Gloves-Due-to-the-COVID-19-Outbreak.html researched and reported the following findings and forecasts

1. The global nitrile gloves market size is projected to register a CAGR of 14.1% to reach USD 8.98 billion by 2027.
2. Disposable nitrile gloves are expected to expand at CAGR of 14.5% over the forecast period on account of the increasing demand for single-use gloves across the end-use industries post the outbreak of the COVID-19 pandemic.
3. Medical and healthcare end-use segment accounted for 69.4% of the global revenue in 2019 as nitrile gloves are widely used across the industry as it aids in preventing cross-contamination and transmission of pathogens during medical examination and surgeries.
4. The demand for nitrile gloves in North America is expected to witness a CAGR of 13.7% over the projected period on account of the rising healthcare expenditure, increasing elderly population, and growing awareness pertaining to healthcare-acquired infections.

 

2. https://klse.i3investor.com/blogs/freetospeak/2020-08-18-story-h1512394632-VACCINE_OR_WITHOUT_GLOVE_STOCK_RALLY.jsp presented the price chart of TopGlove in comparison of the outbreak and glove demand.

It shows that their stock price continue to rise for at least 2~3 years after the start of the outbreak, regardless if a vaccine is available or not.

 

3. World Trade Atlas, Affin Hwang also published that the glove demand do not fall below pre-pandemic level during Sars & H1N1 outbreak. In fact, the demand keeps increasing after the end of the outbreak.

 

Conclusively, the above studies serve to confirm the life cycle of a glove bull rally and demand outlast even if a vaccine is available to public. It is the market sentiment that glove rally will end and replace by vaccine rally but in reality, it should see both Glove+Vaccine rally together.

https://klse.i3investor.com/blogs/GlovesRally/2020-12-09-story-h1537419969-Glove_Rally_Lasting.jsp