Top Glove Corporation has a largest market share in glove industry. This company …show more content…
It is a largest rubber glove manufacturer in the whole world with over RM220 million in its coffers, is looking to buy up neighbouring rivals while building up new factories in Malaysia. The company own and operates 20 factories which 14 of them locate in Malaysia, 4 factories in Thailand and 2 of them in China. Top Glove Corporation has a wide consumer base compare with others. The high demand from the traditional medical markets driven by stringent regulatory standards, aging population and emergence of health threats for instance A (H1N1) influenza, SARS, bird flu and etc will cause the demand of gloves increase rapidly, as the market demand increase, the production of the company cannot load the market demand. The group will continued to further strengthen its position by adding more highly efficient production lines to increase the production capacity and utilization to cope with the increased order. There are 20 factories and 379 production lines in the world to fulfil the demand.
Top Glove Corporation is many competitors: Rubberex, Aduenta, Kossan, and Supermax. These companies have high competition against Top Glove Corporation. So in order to survive in this market then this company have to minimum the price of selling or by improving the product but remain the price of selling. Environmental factor is also one of the main threats to this company. During raining seasons, the production of latex will decrease; this will