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… The worldwide disposable glove market faces strong headwinds resulting from increased safety standards imposed by regulatory agencies worldwide and by end-user market dynamics that are shifting towards greater accountability regarding product quality and environmental sustainability, as well as cost concerns relating to escalating product prices and waste disposal costs.
This shift in sentiment and the concurrent demand for higher technology and product innovation has facilitated the emergence of the EcoGlove system, for which The Glove Technology (TGT) SARL has formulated a revolutionary business model to capitalize on the untapped market in reprocessed gloves through our licensees: EcoGlove Sdn Bhd and 3R Gloves Inc.