Malaysia: glove sector eyes RM 18.8 bn revenue

摘要

Malaysia's rubber glove industry expects to generate RM18.8 billion in revenue this year, up from RM16.2 billion in 2017, due to increased global demand, says the Malaysian Rubber Glove Manufacturers Association (MARGMA). Talking to media, MARGMA President Denis Low Jau Foo said global demand for rubber gloves continues 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% or 168.8 billion gloves which will translate into a projected revenue of RM18.8 billion in 2018, he added.