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well, advised to have a look into fact sheet instead of presuming everything by own. end user never the main consumer of medical glove but hospital, a place where branding doesn't works but quality & price does.
plus, kindly check back the previous news on US banning topglove, and the reason Trump jumping on glove's price. that's part of the reason why US encourage the establishment of glove factory in US for now. anyway, this is somehow a good news to supermax though not for others.
later on, the covid-19 drive up the demand and boost the profit margin to historical high, i.e. 50% (that's why US not happy with it).
while more players step into the glove industry, together with gradually declining market demand, the profit margin will certainly drop for few consecutive years to a historical new low which is below 25%.
prior outburst of covid-19, all glove company were suffering from competitive market, whereby profit margin keep falling for few consecutive years to around 25%.
