Demand for gloves to outstrip supply

The demand for gloves is expected to continue to outstrip supply into 2022 and the tide is anticipated to turn in about two years.

PETALING JAYA: The average selling prices (ASPs) for gloves are expected to stay above pre-Covid-19 pandemic levels although they may trend lower as the urgency for the product subsides amid global vaccination programmes.

As a result, the earnings of glove companies could likely “normalise” but only in time to come.