Thursday, 11 August 2016

Malaysia, China investors should explore opportunities in China’s medical gloves industry

Malaysian and Chinese investors should enter into joint ventures to tap the huge potential existing for rubber medical gloves in China, given the country’s huge population and low usage of such gloves in the healthcare industry currently.

China imported 71% or US$96mil worth of rubber medical gloves from Malaysia in 2015 and demand was expected to increase.  

“This shows that the potential is huge as China’s per capita usage of medical gloves only stood at three pairs yearly while the world average consumption is 25 pairs per year.

“If China were to increase consumption to 8 or 10 pairs of gloves yearly, the potential for Malaysian rubber gloves to make further inroads into the country is enormous,” Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong told reporters here last night after opening the Fifth Palm Oil Health and Nutrition Forum and Seminar on Managing Infection Control - Selecting the Right Gloves.

Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my 

No comments:

Post a Comment