Innovation, Growth, Opportunity: This is SHOWA
We were the first to invent the PVC glove in the 1950’s. After our first patented product, the SHOWA 610, we invented in the 1990’s the first nitrile glove. Now with our EBT-biodegradable range of gloves, we have been innovating for more than 70 years.
With 6500 employees and 8 locations across the globe, we continue our growth.
In Fayette, Alabama, with an initial investment of 35 million dollars, our production capacity will go from 1.2 to 2.8 billion gloves per year!
In Guatemala, 6 new-to-market gloves will go out of our factory in Puerto Barrios, among the 2.4 million gloves produced there.
This extension started pre-COVID and challenges are in front of us such as employee retention, wage pressure, supply chain disruptions and inflation.
But we see opportunity here. The global nitrile glove market was estimated in 2021 at 8.76 billion dollars. Its annual growth rate should be 5.7% until 2030.
Opportunities will be supported by our EBT biodegradable and the need to buy more sustainable alternatives. But also healthcare protection will grow, driven by the lessons from the pandemic.
This is SHOWA. Always innovating.
Discover more about the company and our technologies below.
– Our biodegradable technology: https://bit.ly/3lBjGLw
– Know more about our factories and who we are: https://bit.ly/3aAsbjG
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An Exclusive Thought Leadership Interview with Showa
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