Key Market Indicators
Korean wound dressing exports are projected to reach approximately $70 million by 2028, up from nearly $59 million in 2023. This represents an average annual growth rate of 2.6%. Since 1993, the country has seen a steady increase in its wound dressing supply, averaging a 3.1% annual growth rate. In 2023, Korea ranked 14th in global wound dressing exports. Brazil narrowly edged out Korea with exports valued at nearly $59 million. Leading the global market were Belgium, Germany, and Austria, occupying the second, third, and fourth positions, respectively. On the import front, Korea's demand for wound dressings is expected to reach around $98 million by 2028, up from approximately $85 million in 2023. This indicates an average annual growth rate of 2.1%. Since 1993, Korean imports of wound dressings have grown at an average rate of 3.3% per year.
