Syringe Market Overview in South Korea
In value terms, syringe production expanded significantly to $ in 2019 estimated in export prices. In general, production recorded a buoyant increase. The pace of growth appeared the most rapid in 2010 with an increase of % against the previous year. South Korea production peaked in 2019 and is expected to retain growth in the near future.
The value of the syringe market in South Korea skyrocketed to $ in 2019, surging by % 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). Overall, consumption recorded a strong increase. The most prominent rate of growth was recorded in 2010 when the market value increased by % against the previous year. Over the period under review, the market attained the maximum level in 2019 and is expected to retain growth in the immediate term.