India: First-Aid Kit Market 2024

First-Aid Kit Market Size in India

The Indian first-aid kit market stood at $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, continues to indicate strong growth. First-aid kit consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

First-Aid Kit Production in India

In value terms, first-aid kit production stood at $X in 2022 estimated in export price. Overall, production recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 46%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

First-Aid Kit Exports

Exports from India

In 2022, shipments abroad of first-aid boxes and kits increased by 23% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2016 with an increase of 43%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, first-aid kit exports expanded notably to $X in 2022. In general, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by 38%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons), the United Arab Emirates (X tons) and Sweden (X tons) were the main destinations of first-aid kit exports from India, with a combined 44% share of total exports. Germany, the United States, Mauritius, Zambia, Nepal, Rwanda, Maldives, the UK, Malaysia and Mozambique lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of +138.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for first-aid kit exported from India were the United States ($X), the United Arab Emirates ($X) and Sweden ($X), together comprising 42% of total exports. Canada, Germany, Nepal, Mauritius, Zambia, Malaysia, the UK, Rwanda, Maldives and Mozambique lagged somewhat behind, together accounting for a further 40%.

In terms of the main countries of destination, Nepal, with a CAGR of +170.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average first-aid kit export price amounted to $X per ton, dropping by -7.3% against the previous year. Over the period under review, the export price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Malaysia ($X per ton), while the average price for exports to Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

First-Aid Kit Imports

Imports into India

In 2022, the amount of first-aid boxes and kits imported into India fell remarkably to X tons, waning by -72.7% compared with 2021. Over the period under review, imports faced a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 1,011% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, first-aid kit imports rose to $X in 2022. In general, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2019 with an increase of 500%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Germany (X kg) were the main suppliers of first-aid kit imports to India, together comprising 73% of total imports. Malaysia, Turkey, Singapore, Thailand and the United States lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +33.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest first-aid kit suppliers to India were Malaysia ($X), Germany ($X) and Singapore ($X), with a combined 78% share of total imports. Turkey, China, the United Arab Emirates, Thailand and the United States lagged somewhat behind, together accounting for a further 20%.

Among the main suppliers, Turkey, with a CAGR of +66.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average first-aid kit import price stood at $X per ton in 2022, picking up by 281% against the previous year. Overall, the import price saw a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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