Key Market Indicators
Bangladesh's wound dressing import market is projected to drop significantly by 2028. Current forecasts indicate a decline to approximately $45,000, down from $191,000 in 2023. This marks a steep annual decrease of 22.5%. Historically, the demand for wound dressings in Bangladesh has been shrinking. Since 1994, the country has seen a yearly decline of 10.8% in imports. In contrast, domestic production has shown a positive trend. Since 2011, local supply has surged, with an annual growth rate of 13%.
