Key Market Indicators
The wound dressing market in Luxembourg is projected to reach a total of $11.6 million by 2026. This is a slight increase from the 2021 figure of $11.2 million, which is equivalent to a year-on-year CAGR of 1%. Since 2004, the Luxembourger demand for wound dressings has been growing at an annual rate of 4.4%. In 2021, Luxembourg ranked 54th in the world in terms of wound dressing imports, with Sri Lanka leading the way at $7.8 million. Germany, the United States and Japan held the second, third and fourth positions, respectively. Luxembourg's wound dressing exports are forecast to reach $3.5 million in 2026, representing a 0.6% year-on-year CAGR. Since 2004, Luxembourger supply has been increasing at a rate of 8.9% annually. In 2021, the country held the 31st place in the global ranking, with Russia taking the lead at $3.5 million. Belgium, Germany, and Austria occupied the second, third, and fourth spots, respectively.
