India: Surgical Glove Market 2024

Surgical Glove Market Size in India

The Indian surgical glove market stood at $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Surgical Glove Production in India

In value terms, surgical glove production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Surgical Glove Exports

Exports from India

In 2022, overseas shipments of surgical gloves decreased by X% to X pairs, falling for the second consecutive year after three years of growth. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X pairs in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, surgical glove exports shrank notably to $X in 2022. Overall, exports, however, showed notable growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Indonesia (X pairs), Poland (X pairs) and Serbia (X pairs) were the main destinations of surgical glove exports from India, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Poland ($X) and the United States ($X) constituted the largest markets for surgical glove exported from India worldwide, with a combined X% share of total exports.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average surgical glove export price stood at $X per pair in 2022, picking up by X% against the previous year. Overall, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per pair), while the average price for exports to Oman ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Surgical Glove Imports

Imports into India

In 2022, overseas purchases of surgical gloves decreased by X% to X pairs, falling for the third year in a row after four years of growth. Overall, imports showed a slight setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, surgical glove imports shrank dramatically to $X in 2022. In general, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Malaysia (X pairs) constituted the largest supplier of surgical glove to India, accounting for a X% share of total imports. Moreover, surgical glove imports from Malaysia exceeded the figures recorded by the second-largest supplier, Sri Lanka (X pairs), fourfold. The third position in this ranking was held by Vietnam (X pairs), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (X% per year) and Vietnam (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of surgical gloves to India, comprising X% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Malaysia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average surgical glove import price amounted to $X per pair, picking up by X% against the previous year. In general, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per pair), while the price for Malaysia ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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