Glove demand with the emergence of new diseases such as H1N1

Growing international demand, projected at 140 billion pieces this year, are helping Malaysia’s glove makers defy the global economic downturn. Industry growth has been between 8 and 10 per cent in the past decade, but with the emergence of new diseases such as H1N1, demand usually spikes by 12-13 per cent.











Naturally, analysts are overweight on the sector although a recent run-up in the share prices of glove makers means most of them are already fully valued. For sure Malaysia’s glove makers will benefit from this even.