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.
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