Dipped Products PLC

What Dipped Products PLC does

Dipped Products PLC (DPL) is a publicly listed Sri Lankan manufacturer, incorporated in 1976 and headquartered in Colombo, that operates as a fully integrated producer of protective handwear (dipped rubber gloves) serving industrial, healthcare, and occupational safety end-markets across more than 70 countries. Its core product line centers on protective gloves, with a secondary revenue stream from plantation management services that diversifies the operating footprint beyond dipped-rubber manufacturing. The company is a member company of the Hayleys PLC conglomerate, which provides shared resources, distribution leverage, and brand credibility for its export-focused B2B go-to-market motion.

DPL generates revenue primarily through hardware sales of manufactured gloves to global B2B buyers and, to a lesser extent, professional services from plantation management. Pricing is not publicly disclosed and is consistent with an export-oriented, contract-driven industrial supply model. Distribution relies on direct and partner-based export channels reaching customers in over 70 countries, with five 2025 National Chamber of Exporters (NCE) Export Awards — including Overall Winner – Most Outstanding Exporter and Highest Net Foreign Exchange Earner — underscoring the export-led revenue mechanics.

Operating at a headcount band of 1,001–5,000 employees, DPL marked its Golden Jubilee in 2026 at the Colombo Stock Exchange. Competitive positioning rests on five decades of manufacturing heritage, conglomerate-level scale via Hayleys PLC, broad multi-continent distribution, and sustained recognition as Sri Lanka's leading exporter in the rubber and rubber products sector.

Name

Dipped Products PLC

Legal name

Dipped Products PLC

Website

https://dplgroup.com

Company type

Public

Founded year

1976

Operating status

Operating

Headcount range

251–500 employees

Short description

Dipped Products PLC is a publicly listed Sri Lankan manufacturer of protective rubber gloves, founded in 1976 and part of the Hayleys PLC conglomerate, exporting industrial, healthcare, and occupational safety handwear to customers in more than 70 countries.

Ownership category

akta.pro rank

Product category

Protective Handwear Manufacturing

NAICS

Other Rubber Product Manufacturing (32629)

SIC

Fabricated Rubber Products, Nec (3060)

akta.pro primary industry

Gloves & Mittens Manufacturing (IMAOAFAB)

Keywords

• Protective handwear
• Industrial gloves
• Occupational safety gloves
• Rubber glove manufacturing
• Healthcare safety gloves

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Protective Handwear Manufacturing: Dipped Products PLC manufactures and exports protective handwear and gloves. The company generates revenue through the production and sale of industrial and occupational safety gloves to global customers.
2. Plantation Management Services: The company also provides plantation management services as part of its diversified business operations.

Go-to-market motion1 record

Core offering

Dipped Products PLC is a fully integrated rubber glove manufacturer that develops and produces protective handwear for industrial, healthcare, and occupational safety applications, exporting to more than 70 countries. In addition to its core handwear manufacturing, the company also provides plantation management services as part of its diversified operations.

Product overview

Dipped Products PLC is a manufacturer of protective handwear and provides plantation management services. The company operates as a member of Sri Lanka's Hayleys PLC conglomerate and serves customers across more than 70 countries. Entering its 50th year since incorporation in 1976, DPL produces protective gloves with applications in healthcare and industrial sectors. The company's primary product offering centers on protective handwear/manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• Protective Handwear (Gloves)
• Plantation Management Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Hayleys PLCflagshipStrategic or Co-development PartnerDipped Products PLC is a member company of Sri Lanka's Hayleys PLC conglomerate. This strategic relationship provides DPL with the backing, resources, distribution network, and brand credibility of one of Sri Lanka's largest and most established corporate groups, supporting its export operations and global market expansion.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Regional players

• Samson Rubber Industries: Sri Lanka-based rubber product manufacturer with operations in industrial and general rubber goods. Comparable to DPL as a domestic Sri Lankan rubber manufacturer, though broader in product scope than protective gloves.

Broad incumbents

• Ansell Limited: Global leader in protective solutions including industrial and medical gloves, with a much broader PPE portfolio. Comparable to DPL on protective handwear but operates as a global incumbent with deeper brand and R&D resources.
• 3M Company: Global diversified manufacturer whose personal safety division includes protective gloves for industrial and occupational use. Comparable to DPL on industrial hand protection but operates as a broad incumbent across many PPE and non-PPE categories.

Direct peers

• Riverstone Holdings: Malaysia-based cleanroom and nitrile glove manufacturer serving healthcare, semiconductor, and industrial customers worldwide. Comparable to DPL on protective handwear focus and export-heavy B2B distribution.
• Kossan Rubber Industries: Malaysian integrated rubber glove producer serving medical, industrial, and cleanroom segments globally. Closely comparable to DPL on integrated manufacturing, export-led GTM, and multi-segment glove portfolio.
• UG Healthcare Corporation: Manufacturer and distributor of latex and nitrile examination gloves with manufacturing presence in Malaysia and global B2B distribution. Comparable to DPL in glove product, target customers, and international footprint.
• SHOWA Group: Japanese-headquartered manufacturer of industrial and chemical-protective gloves sold across global B2B channels. Directly comparable to DPL on industrial/occupational safety glove focus and export distribution model.
• Top Glove Corporation: The world's largest rubber glove manufacturer, producing a broad range of examination and industrial gloves for global healthcare and industrial customers. Highly comparable to DPL in product, end markets, and B2B export-led model, but at significantly larger scale.
• Hartalega Holdings: Malaysian rubber glove manufacturer specializing in nitrile and latex examination gloves for global healthcare and industrial buyers. Directly comparable to DPL in product mix, export orientation, and customer base.
• Careplus Group Berhad: Malaysian latex and nitrile glove manufacturer serving medical and industrial customers internationally. Closely comparable to DPL on integrated glove production and export-led business model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/DippedPlc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dipped Products PLC