Key Market Indicators
The export of wound dressings from South Korea is projected to reach nearly $70 million by 2028, up from approximately $59 million in 2023. This marks an average annual growth rate of 2.6%. Since 1993, South Korea’s supply of wound dressings has increased by an average of 3.1% per year. In 2023, South Korea ranked 14th globally in wound dressing exports, with Brazil slightly ahead, also at around $59 million. Belgium, Germany, and Austria occupied the second, third, and fourth spots, respectively. On the import side, South Korea is expected to see its wound dressing imports rise to roughly $98 million by 2028, up from $85 million in 2023. This represents an average annual growth rate of 2.1%. South Korea’s demand for wound dressings has been on an upward trajectory since 1993, with an average annual increase of 3.3%.
