06-05-2015, 09:50 PM
in fact, if you study the analyst reports published on the various glove manufacturers, it is quite evident that ASPs for healthcare gloves have been on a gradual decline but this is compensated by the low raw material prices (latex and butadiene) hence the glove manufacturers are able to sustain their profit margins.
while the other glove manufacturers are expanding aggressively, Riverstone is probably the only one that adopts a two-pronged growth approach through its mainstay cleanroom gloves and healthcare gloves segments. they are in fact the market leader when it comes to the Class 10/100 cleanroom gloves that are typically used by HDD, HDD components and semi-conductor manufacturers with a market share of 60% worldwide. in addition, they are also venturing into the cleanroom gloves segment for mobiles, tablets and LCD panels. it is also worth noting that the barriers of entry for cleanroom gloves are much higher than healthcare gloves due to more manufacturing processes involved and also control of properties such as electrostatic discharge, ionic and particles count.
from my understanding, the other glove manufacturers are focused on the more commoditised healthcare gloves segment which is the fast-growing segment but commands lower gross margins.
while the other glove manufacturers are expanding aggressively, Riverstone is probably the only one that adopts a two-pronged growth approach through its mainstay cleanroom gloves and healthcare gloves segments. they are in fact the market leader when it comes to the Class 10/100 cleanroom gloves that are typically used by HDD, HDD components and semi-conductor manufacturers with a market share of 60% worldwide. in addition, they are also venturing into the cleanroom gloves segment for mobiles, tablets and LCD panels. it is also worth noting that the barriers of entry for cleanroom gloves are much higher than healthcare gloves due to more manufacturing processes involved and also control of properties such as electrostatic discharge, ionic and particles count.
from my understanding, the other glove manufacturers are focused on the more commoditised healthcare gloves segment which is the fast-growing segment but commands lower gross margins.