Equity Analysis /
Malaysia

MY : Rubber Gloves - Malaysia to stay at forefront of glove industry

    Walter Aw
    Walter Aw

    Research Analyst

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    CGS-CIMB
    1 April 2022
    Published byCGS-CIMB

    Discussions at MARGMA’s 2022 industry briefing included i) global glove supply-demand, ii) social compliance issues and iii) wage policy support. Malaysia should remain at the forefront of the global glove industry, thanks to: i) cost competitiveness, ii) strong RD efforts and iii) proven track record. MARGMA expects the labour shortage of 22k workers in the sector to ease, with borders reopening and ongoing discussions with the government.