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Japan is currently the third largest export market for Malaysian rubber gloves after the US
and EU. It will continue to be an important market for Malaysian rubber gloves mainly for
medical use given the country’s sizeable demand for quality medical devices and its high
dependency on imported medical devices including gloves. In 2015, consumption of medical
gloves in Japan was estimated to be valued at USD214.4 million. In the next five years (2016-
2020), consumption is expected to increase by a CAGR of 5.6%.
South Korea on the other hand, is the third largest market for medical devices in Asia behind
Japan and China. It is also a growing market for quality medical devices including gloves. The
current efforts of the South Korean government to improve the quality of healthcare
services offered to its citizens will have a positive impact to the overall market for medical
equipment and consumables. The market size of medical gloves in the country by
consumption value was estimated at USD74.7 million in 2015 and is projected to increase
by a CAGR of 6.7% by 2020.
The ageing demographics and the growing demand for quality medical devices in both Japan
and South Korea will help to boost exports of medical gloves from Malaysia. Malaysia is
currently the largest exporter of rubber medical gloves to the two countries. This report
examines the consumption of medical gloves in Japan and South Korea considering the
current scenario of the healthcare sector. It aims to provide information to the Malaysian
rubber glove manufacturers on the potential market growth, imports trend, market entry
requirements as well as information on export opportunities.
MREPC welcomes suggestions and feedback from Malaysian exporters in making this report
more useful and relevant to the industry in the future.
Publication Date:1 September 2016
Category/Type: Market Reports/PDF
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