Even with future pandemic, it will already be a non-event as global glove supplies can be ramped up easily unlike during COVID-19 pandemic period. Supplies glut since many new companies already jumped on the bandwagon to produce gloves after seeing the exceptional profit during COVID-19. Supplies > Demand and ASPs will drop further due to stiff competition.

China glove companies commissioning more plants outside China (Indonesia, Vietnam, Thailand etc.) since 2025 & supplies will continue to grow over time. Also, has any Research Houses or Accountants did any detailed sensitivity analysis impact arising from FX movements considering that RM has already appreciated by double digits ( ie. > 10%) vs USD in 2025/26 !

the glove industry no longer like pre COVID time. now it s more on R&D and see who could produce quality gloves with lower cost since there are more supplies than demands. in fact, china own domestic gloves consumption is so low. until china own domestic consumption becomes higher like EU, they would cont to dump the gloves to non US market.