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Malaysian rubber glove industry expects revenue of RM18.8bil in 2018


PETALING JAYA: Malaysia's rubber glove industry expects to generate revenue of RM18.8 billion this year, up from RM16.2 billion in 2017, due to robust global demand, says the Malaysian Rubber Glove Manufacturers Association (Margma).

President Denis Low Jau Foo said global demand for rubber gloves continued to rise and is anticipated to increase to 268 billion pieces this year from 232.2 billion in 2017.
“Malaysia is expected to supply 63 per cent or 168.8 billion gloves which will translate into a projected revenue of RM18.8 billion in 2018,” he added.

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