webfact Posted December 9, 2020 Share Posted December 9, 2020 Thai rubber glove makers target 20% share of global market By The Nation Thailand’s rubber glove industry is aiming to expand its slice of the global market from 15 per cent to 20 per cent in the next five years. To meet that target, the Thai Rubber Glove Manufacturers Association (TRGMA) is pushing for increased investment and improved overall competitiveness in the industry. Association president Veerasith Sinchareonkul said the long-term aim was to grab a 40-per-cent share of the world market. The move follows a 20-per-cent jump in global demand for rubber gloves to 3.6 million amid the Covid-19 pandemic. Demand is expected to rise by another 10 per cent next year. Veerasith urged the government to provide more financial support to help manufacturers expand investment. It should also streamline regulations to ease the launch of new factories, he added. Thailand is the world's second largest exporter of rubber gloves, driven by 19 manufacturers with combined production capacity of 46 billion per year. Of that total, 90 per cent is exported. Medical rubber gloves account for 88 per cent of total production. "We want to see Thailand become the world's production hub of natural-rubber gloves," he said. China and Malaysia, the world's major rubber glove makers, have already expanded their production capacity, he added. Source: https://www.nationthailand.com/business/30399364 -- © Copyright The Nation Thailand 2020-12-10 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
ThailandRyan Posted December 10, 2020 Share Posted December 10, 2020 Wrong product.....they need to refocus. This is where they need to be growing....pun intended. 1 Link to comment Share on other sites More sharing options...
Virt Posted December 10, 2020 Share Posted December 10, 2020 Well the rubber price went up 65 % the last 6 months because of this covid 19 crisis where rubber is used in many of those things used as protective gear, so Thailand can make a ton of money on their rubber. Same with the aluminium used in facemasks. Could be worth investing a penny or two in those 2 commodities.... 1 Link to comment Share on other sites More sharing options...
Phuketshrew Posted December 10, 2020 Share Posted December 10, 2020 Hubba Rubba .... 1 Link to comment Share on other sites More sharing options...
mr_lob Posted December 10, 2020 Share Posted December 10, 2020 Idea to boost the market share... In line with all the hoops we have to jump through to return to LOS, i propose cavity searches at all entry points. Pun intended. Link to comment Share on other sites More sharing options...
onebir Posted December 10, 2020 Share Posted December 10, 2020 From no money no honey to no glove no love Link to comment Share on other sites More sharing options...
Albert Zweistein Posted December 10, 2020 Share Posted December 10, 2020 Another hub..................... Link to comment Share on other sites More sharing options...
Soikhaonoiken Posted December 10, 2020 Share Posted December 10, 2020 Might have missed the boat, due to the pandemic, rubber gloves were in big demand, But once the roll out of vaccine in all Countries is achieved, and covid is eliminated the demand for ppe & rubber gloves will shrink... 1 Link to comment Share on other sites More sharing options...
Justgrazing Posted December 10, 2020 Share Posted December 10, 2020 (edited) 19 hours ago, ThailandRyan said: Wrong product.....they need to refocus. This is where they need to be growing....pun intended. Eurghh .! has it been used Ryan as that looks like a tadpole in the dome'y bit .. Edited December 10, 2020 by Justgrazing Sp 1 Link to comment Share on other sites More sharing options...
bluesofa Posted December 10, 2020 Share Posted December 10, 2020 20 hours ago, ThailandRyan said: Wrong product.....they need to refocus. This is where they need to be growing....pun intended. If they did that, they could increase their sales ten-fold for the same costs. just by cutting the fingers off each pair of gloves. 1 Link to comment Share on other sites More sharing options...
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