QYResearch: Global Plastic Bandages Sales Market Report 2018 Overview

Plastic Bandages is a piece of plastic material used either to support a medical device such as a dressing or splint, or on its own to provide support to or to restrict the movement of a part of the body. It protects the wound and scab from friction, bacteria, damage, and dirt. Thus, the healing process of the body is less disturbed. Some of the dressings have antiseptic properties. An additional function is to hold the two cut ends of the skin together to make the healing process faster. Plastic Bandages mostly is adhesive bandages.

The Plastic Bandages industry is relatively concentrated, and high-end products mainly come from North America and Western Europe. In the world wide, major manufactures mainly are Johnson & Johnson, Beiersdorf, BSN Medical, 3M, Acelity, Medline Industries, Smith & Nephew, Yunnan Baiyao, Medtronic, ConvaTec, Lohmann & Rauscher, Nitto Medical, B. Braun Melsungen, HaiNuo and etc.

According to QYResearch, The global production of plastic bandages increased from 790 M Units in 2011 to 1100 M Units in 2016 at an average annual growth rate of nearly 8%. In the world wide, the top five manufacturers of plastic bandages are Johnson & Johnson, Beiersdorf, BSN Medical. And the production of Johnson & Johnson occupied about 24% in 2016.

The production of plastic bandages distributed evenly in North America, Europe, China, Japan. China is the largest production region of plastic bandages in the world in the past few years and it will keep the same position in the next few years. Chinese market took up about 30% the global market in 2016, followed by North America with the share of 27%, Europe is closely followed with the share about 25%.

QYR tend to believe this industry now is close to mature, and the demand increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

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