Asia: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in Asia

The Asian adhesive bandage market declined to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Adhesive Bandage Production in Asia

In value terms, adhesive bandage production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Adhesive Bandage Exports

Exports in Asia

Adhesive bandage exports surged to X tons in 2022, rising by X% against the previous year. Total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, adhesive bandage exports soared to $X in 2022. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

China represented the largest exporter of adhesive bandages in Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Japan (X tons), generating a X% share of total exports. The following exporters - Malaysia (X tons), Thailand (X tons), South Korea (X tons), Turkey (X tons) and Singapore (X tons) - each reached an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to adhesive bandage exports from China stood at X%. At the same time, Malaysia (X%), Turkey (X%), South Korea (X%), Japan (X%), Singapore (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. China (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest adhesive bandage supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Adhesive Bandage Imports

Imports in Asia

In 2022, approx. X tons of adhesive bandages were imported in Asia; rising by X% against 2021 figures. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, adhesive bandage imports expanded remarkably to $X in 2022. Overall, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of adhesive bandage imports in 2022 were Malaysia (X tons), China (X tons), Hong Kong SAR (X tons), Japan (X tons), the Philippines (X tons), Singapore (X tons), South Korea (X tons), Saudi Arabia (X tons), India (X tons), the United Arab Emirates (X tons), Thailand (X tons) and Taiwan (Chinese) (X tons), together recording X% of total import. Vietnam (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest adhesive bandage importing markets in Asia were China ($X), Japan ($X) and Hong Kong SAR ($X), together accounting for X% of total imports. South Korea, Singapore, Malaysia, Saudi Arabia, the United Arab Emirates, Taiwan (Chinese), Vietnam, Thailand, the Philippines and India lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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