First-Aid Kit Market

Global first-aid kit market is forecast to show growth in volume and value terms from 2022 to 2030, with CAGR rates of +3.7% and +5.0% respectively. Market performance has displayed fluctuations over the years, with notable growth recorded in certain countries like Nigeria. China leads in production and exports, while Germany and the United States top the list of major importers. Import and export prices vary by country, with Poland having the highest export price in 2022.

Market Forecast

Driven by increasing demand for first-aid boxes and kits worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +3.7% for the period from 2022 to 2030, which is projected to bring the market volume to 189K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.0% for the period from 2022 to 2030, which is projected to bring the market value to $4.7B (in nominal prices) by the end of 2030.

Consumption

World Consumption of First-Aid Boxes And Kits

In 2022, consumption of first-aid boxes and kits decreased by -3.2% to 141K tons for the first time since 2011, thus ending a ten-year rising trend. In general, the total consumption indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global consumption reached the maximum volume at 146K tons in 2021, and then fell slightly in the following year.

The global first-aid kit market size expanded slightly to $3.2B in 2022, growing by 3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.9% against 2020 indices. Over the period under review, the global market reached the maximum level at $3.2B in 2020; afterwards, it flattened through to 2022.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (22K tons), the United States (15K tons) and India (11K tons), together comprising 34% of global consumption. Germany, Russia, Japan, Brazil, Pakistan, Indonesia, Mexico, Nigeria, Turkey and France lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Nigeria (with a CAGR of +32.4%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest first-aid kit markets worldwide were the United States ($870M), Japan ($445M) and Brazil ($405M), with a combined 54% share of the global market. India, China, Germany, Pakistan, Russia, Indonesia, Mexico, France, Nigeria and Turkey lagged somewhat behind, together accounting for a further 21%.

In terms of the main consuming countries, Nigeria, with a CAGR of +31.4%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of first-aid kit per capita consumption was registered in Germany (99 kg per million persons), followed by the United States (46 kg per million persons), Japan (43 kg per million persons) and France (42 kg per million persons), while the world average per capita consumption of first-aid kit was estimated at 18 kg per million persons.

From 2012 to 2022, the average annual rate of growth in terms of the first-aid kit per capita consumption in Germany stood at +3.4%. In the other countries, the average annual rates were as follows: the United States (+8.0% per year) and Japan (-0.9% per year).

Production

World Production of First-Aid Boxes And Kits

In 2022, global first-aid kit production stood at 150K tons, remaining constant against 2021. The total output volume increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by 9.1%. Global production peaked in 2022 and is likely to continue growth in years to come.

In value terms, first-aid kit production rose to $3B in 2022 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.0% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 16% against the previous year. Global production peaked at $3B in 2020; afterwards, it flattened through to 2022.

Production By Country

China (54K tons) remains the largest first-aid kit producing country worldwide, accounting for 36% of total volume. Moreover, first-aid kit production in China exceeded the figures recorded by the second-largest producer, India (11K tons), fivefold. The third position in this ranking was taken by the United States (8.7K tons), with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +5.9%. In the other countries, the average annual rates were as follows: India (+3.9% per year) and the United States (+6.0% per year).

Imports

World Imports of First-Aid Boxes And Kits

In 2022, the amount of first-aid boxes and kits imported worldwide rose remarkably to 42K tons, growing by 10% on 2021. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.9% against 2012 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 22% against the previous year. Global imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, first-aid kit imports rose markedly to $420M in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.2% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 21% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports By Country

Germany (8.5K tons) and the United States (7.2K tons) represented the major importers of first-aid boxes and kits in 2022, recording approx. 20% and 17% of total imports, respectively. Nigeria (3.4K tons) took a 7.9% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (7.9%), France (6.9%) and Poland (5.2%). The UK (1.8K tons), Australia (1.2K tons) and Belgium (0.9K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +32.4%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest first-aid kit importing markets worldwide were Germany ($70M), the United States ($61M) and the Netherlands ($36M), with a combined 40% share of global imports. France, Poland, the UK, Australia, Belgium and Nigeria lagged somewhat behind, together comprising a further 25%.

Among the main importing countries, Nigeria, with a CAGR of +24.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average first-aid kit import price stood at $9,894 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 9.1%. Global import price peaked at $10,430 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($11,497 per ton), while Nigeria ($3,119 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of First-Aid Boxes And Kits

For the third consecutive year, the global market recorded growth in shipments abroad of first-aid boxes and kits, which increased by 22% to 51K tons in 2022. In general, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.4% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, first-aid kit exports surged to $536M in 2022. Overall, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +102.8% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports By Country

China dominates exports structure, accounting for 32K tons, which was approx. 63% of total exports in 2022. Germany (4.1K tons) ranks second in terms of the total exports with an 8.1% share, followed by the Netherlands (5.1%). Poland (1.9K tons), Australia (1.7K tons), Tunisia (1.4K tons) and Turkey (0.9K tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +7.6% from 2012 to 2022. At the same time, Tunisia (+65.6%), Australia (+49.9%), the Netherlands (+13.5%), Turkey (+11.2%), Poland (+10.1%) and Germany (+3.9%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in the world, with a CAGR of +65.6% from 2012-2022. While the share of China (+9.5 p.p.), Australia (+3.2 p.p.), Tunisia (+2.7 p.p.) and the Netherlands (+2.6 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Germany (-1.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($251M) remains the largest first-aid kit supplier worldwide, comprising 47% of global exports. The second position in the ranking was taken by Germany ($45M), with an 8.4% share of global exports. It was followed by the Netherlands, with a 5.4% share.

In China, first-aid kit exports increased at an average annual rate of +9.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+3.9% per year) and the Netherlands (+12.2% per year).

Export Prices By Country

The average first-aid kit export price stood at $10,537 per ton in 2022, picking up by 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2020 an increase of 6.4%. The global export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($12,819 per ton), while Turkey ($7,617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform