Crisis in the Bursa Glove Sector
Case Notes 38: In this video "Crisis in the Bursa Glove Sector?" we explore the challenges faced by the Bursa glove companies. The Malaysian rubber glove industry has evolved from humble beginnings into a global powerhouse. Its growth is driven by rich natural resources, strategic government support, and the ability of its leading companies to innovate and adapt in a competitive, high-demand market. The industry is almost entirely export-driven. Post-Covid-19, the glove companies have faced profitability challenges. These were partly due to over-expansion during the Covid-19 years and the decline in demand post-Covid-19. In this video, we dive into the state of Malaysia’s glove industry after the COVID-19 boom. From overcapacity and falling margins to weak returns and modest growth prospects, find out why this once high-flying sector is now facing serious headwinds. For a visual insight of the business performance and investment risk of the various compani...