Market analysis of medical masks in India
The relevance of research
There are a growing number of countries around the world that are calling for the wearing of masks. In India, so far only in certain regions it is made mandatory. Despite the ambiguous position of the authorities, more and more Indians prefer to protect their respiratory organs
Purpose of the study
Analyzing the state of the medical mask market, assessing the market size, analyzing competitors, and identifying factors affecting the medical mask market
Content
Part 1. Overview of the Indian Medical Mask Market
1.1. Main characteristics of the market
1.2. Dynamics of the market volume of medical masks 2015-2019 Potential market capacity
1.3. Assessment of factors affecting the market
1.4. Medical mask market life cycle stage
1.5. Competition from substitute products
Part 2: Competitive Analysis of the Medical Mask Market
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of the production of medical masks
3.1. Volume and dynamics of domestic production of medical masks
3.2. Share of exports in the production of medical masks
3.3. Segmentation of the production of medical masks by region
3.3.1. Production by Union Territories
3.3.2. Production by states of India
Part 4. Analysis of foreign trade supplies of medical masks
4.1. The volume and dynamics of imports of medical masks
4.2. Import structure
4.3. The volume and dynamics of exports of medical masks
4.4. Export structure
Part 5. Analysis of the consumption of medical masks
5.1. Dynamics of consumption of medical masks
5.2. Analysis of the results of tenders for the purchase
Part 6. Price Analysis
6.1. Average producer prices by union territories
6.2. Average consumer prices by states in India
Part 7. Assessment of factors of investment attractiveness of the market
Part 8. Forecast for the development of the medical mask market until 2024
Part 9. Recommendations and conclusions
Research excerpt
Part 1. Overview of the Indian Medical Mask Market
1.1. Main characteristics of the market
Medical masks are disposable medical products that are ...
The simplest surgical mask is…
Masks made of nonwoven materials are primarily classified according to their purpose:
Procedural (everyday). …;
...
Also, medical masks are divided into:
...
The Indian medical mask market is dominated by … products. In the analyzed period, the share of domestic products is …% of the market volume.
Diagram 1. The ratio of imported and domestic products in the market of medical masks,%, 2015-2019
1.2. Dynamics of the market volume of medical masks 2015-2019 Potential market capacity
Consider the dynamics of the market volume of medical masks in India. At the end of 2019, the volume of the medical mask market … by …% and amounted to … mln Rs. The maximum value in the period under review was … year with a market volume of … mln Rs., this is due to the growth of …
There is a growing number of countries in the world where ... In India, so far only in certain regions ... Despite the ambiguous position of the authorities, they prefer to protect the respiratory organs ... GidMarket analysts estimate the potential market capacity at ... billion Rs.
Throughout the period under review … Union Territories is the leader in terms of revenue with shares within …%. In 2019, …% of revenue from the sale of medical masks comes from this district. The share of … in the Union Territories in 2019 amounted to …%. …
Chart 3. Revenue (net) from the sale of medical masks by union territories for 2015-2019, %
1.3. Assessment of factors affecting the market
Social (demographic)
Real disposable money income
Real disposable money income per capita is income minus mandatory payments, adjusted for inflation. This factor determines the level of effective demand of buyers, is one of the key reasons for the formation of the dynamics of both retail turnover and demand for services.
During 2014-2018 dynamics of real incomes of the population …, so in 2014 real incomes …% compared to 2013, in 2015 – …
According to the results of 2019, real money incomes of Indians …%, follows from the data … The peak value was reached in the third quarter — …%, in the fourth …
According to …, the real disposable money income of Indians in the first quarter of 2020 …
In the structure of household cash income by source of income, according to …, the largest share is occupied by … (…% in 2019), then …, including …
According to the forecasts of analysts … and economists …, real money incomes of the population will decrease by more than …% in 2020. The decline will be...
...
technological
...
Economic
...
Political and legal
...
Table 1. STEP analysis of factors affecting the medical mask market
According to the results of the performed STEP-analysis, macro-environmental factors have a greater influence on the development of the medical mask market.
Among the positive factors influencing the market of medical masks, it is worth noting …
The negative impact on the market is...
1.4. Medical mask market life cycle stage
The medical mask market is in the stage of...
1.5. Competition from substitute products
The sharp increase in demand for protective medical masks, which led to their shortage in pharmacy chains, stimulated ... Although ...
Mask production from individual representatives of small and medium-sized businesses has received …
This accessory is...
The representative of the Indian brand … notes that sales launched by the company back in 2018 …
You can also replace a medical mask ...
You can also...
Part 2: Competitive Analysis of the Medical Mask Market
2.1. Major players in the market
As of the beginning of May 2020, manufacturers of medical masks in free sale …
In addition, the authorities began to accelerate the issuance of permits for ... In April and March 2020, Roszdravnadzor issued ...
2.2. Market shares of the largest competitors
At the end of 2019, “…” LLC is the leader in terms of revenue from sales of medical masks with a market share, according to GidMarket, …%. The second place is occupied by “…” LLC with a share of …%. Followed by …
Followed by…
Chart 7. Shares of the largest competitors in the medical mask market in 2019
In terms of competitive concentration, the market belongs to … (Herfindahl-Hirschmann index …). Mergers and Acquisitions ...
2.3. Profiles of major players
...
Part 3. Analysis of the production of medical masks
3.1. Volume and dynamics of domestic production of medical masks
Until 2017, manufacturers of medical masks increased …, but … led to … the domestic market. At the end of 2019, production amounted to … mln Rs. Following the spread of the coronavirus,...
As of the beginning of February 2020, the largest domestic producers produced almost … per day. As of April 23, 2020, medical masks (from a special SMS fabric: spunbond-meltblown-spunbond) were made ... per day, more ... were made from gauze, and ... - masks from other fabrics. At the same time, all plants have been transferred to …
According to …, at the moment, the production capabilities of Indian companies allow to produce up to … million disposable masks per year, which is only …% of the future estimated consumption.
The TOP-5 domestic manufacturers of medical masks include ...
The GidMarket company estimates that in 2019 the total revenue of the TOP-5 enterprises producing medical masks amounted to … mln Rs., having increased by …% compared to 2018
3.2. Share of exports in the production of medical masks
The share of exports in the production of medical masks in value terms in the period under review is …%. This is explained...
3.3. Segmentation of the production of medical masks by region
3.3.1. Production by Union Territories
The largest volume of production of medical masks among all federal districts in 2015-2019 falls on ... the Union Territories. In 2019, this district accounted for about … million Rs.
Until 2017, the federal district was in second place. In 2017, a major market participant in this district, LLC “…” …
3.3.2. Production by states of India
According to the results of 2019, the largest states producing medical masks in India were ... region with a share of ...%, ... - ...% and ... region - ...%. Next, in descending order of shares, are ...
Part 4. Analysis of foreign trade supplies of medical masks
4.1. The volume and dynamics of imports of medical masks
The volume of imports of medical masks to India in 2019 amounted to about … million pieces, having decreased by …% compared to 2018. The drop is due to the policy of …
A significant increase in imports in 2017 is due to the fact that the use of medical masks has become more …
Diagram 12. The volume and dynamics of imports of medical masks in physical terms, 2015 - 2019
In value (dollar) terms, the volume of imports of medical masks in 2019 amounted to … thousand US dollars, which is by …% … the level of 2018 and …
Over the analyzed period, in ruble terms, the import of medical masks in India increased from … million Rs. in 2015 to … million Rs. in 2019
4.2. Import structure
In the structure of imports of medical masks by importing countries in 2019, the key supplier is …, which accounts for …% of all imported medical masks. In 2019, … displaced from the leading positions ... …
According to the results of January-April. 2020 … reclaimed the top spot in medical mask shipments. To cover the shortage of products, since March 2020, ... million masks have been imported to India from ..., in May it is planned to supply ...
4.3. The volume and dynamics of exports of medical masks
Export of medical masks in the period under review is in the values of … mln pieces. After ... in 2017, in 2018 - 2019 the volume of export deliveries of medical masks from India shows … dynamics. At the end of 2019, the volume of exports of medical masks amounted to … mln pieces, which is … more than the volume of exports in 2018.
At the beginning of March 2020, the Government of India …
In dollar terms, the volume of exports of medical masks from India in 2019 amounted to … thousand US dollars, which is by …% … the level of 2018 and …% more …
In ruble terms, the volume of exports of medical masks from India in 2019 amounted to … million Rs., which is by …% … the level of 2015.
Foreign trade balance in the market of medical masks in 2015-2019 is in ... values. At the end of 2019, it amounted to … mln Rs. The export direction is poorly developed.
Diagram 16. Balance of exports and imports, million Rs., 2015 - 2019
4.4. Export structure
The main volume of medical masks, in value terms, exported from India in 2019 is supplied in … (…%), … (…%) and … (…%).
Also, medical masks from India are exported to …
Part 5. Analysis of the consumption of medical masks
5.1. Dynamics of consumption of medical masks
The volume of consumption of medical masks per capita in 2017-2019 stably keeps within … Rs./pers. Since 2015, the indicator has increased by …%. The largest increase occurred in …, when medical masks began to be widely used ...
The growth in demand for medical masks in India began in ... 2020, already in February it led to ... As explained by ..., the situation is associated with high ...
5.2. Analysis of the results of tenders for the purchase
From Jan. 2019 to Apr. 2020 about ... contracts were concluded for the supply of medical masks. Until 2020, the main customers were ... Due to the large number of tenders for the purchase of medical masks, completed tenders with contract amounts of more than 20 million Rs are included in the table.
Purchase of medical masks with a contract amount of more than 20 million Rs. for the study period were announced in … regions. The leader was … with a share of …% – … of conducted tenders. Two tenders each were announced by … regions and … krais, respectively, with shares of …%. Other regions held…
Diagram 19. Shares of regions for the supply of medical masks by the number of tenders with a contract value of more than 20 million Rs., concluded in January. 2019 - Apr. 2020, %
It is worth noting that contracts worth more than 20 million Rs. for the study period were only in ... 2020, that is, before the start of the pandemic, medical masks in such volumes ...
...
Part 6. Price Analysis
6.1. Average producer prices by union territories
Average producer prices in 2019 amounted to … Rs./pc. in terms of wholesale. The prices in the Union Territories were quite ... The most expensive medical masks in the ... Union Territories - ... thousand Rs./100 thousand pieces.
As of the beginning of May 2020, almost the production capacity of enterprises ... Manufacturers ... Medical mask cost ...
6.2. Average consumer prices by states in India
The average price of a medical mask in 2018 was … Rs., in 2019 it was …, and in March 2020 it rose to … Rs. per piece, follows from ... In this regard ... began to monitor prices and ...
An increase in the average price of medical masks in India began to be observed from Jan. 2020 Price spike coincided with …
According to …, the highest average consumer price for medical masks is … Rs./pcs. The average price in India is about … Rs./pc. Monitoring takes into account...
Market experts note that prices for medical masks have increased by …
Part 7. Assessment of factors of investment attractiveness of the market
… factors of the investment climate of the medical masks market dominate over ... A comprehensive assessment of the factors of investment attractiveness is ... points - ... the investment climate is close to favorable.
The assessment of investment attractiveness was made for private companies considering the possibility of entering the market. Previously, many enterprises manufacturing personal protective equipment …
The most significant positive factors. …
The most significant negative factors. …
Part 8. Forecast for the development of the medical mask market until 2024
...
Part 9. Recommendations and conclusions
...
Diagrams
Diagram 1. The ratio of imported and domestic products in the market of medical masks,%, 2015-2019
Diagram 2. Dynamics of the market volume of medical masks, million Rs., 2015-2019
Chart 3. Revenue (net) from the sale of medical masks by union territories for 2015-2019, %
Diagram 4. Dynamics of real incomes of the population of India, % to the previous year, 2012-2019
Diagram 5. Dynamics of India's GDP, % to the previous year, 2012-2019
Diagram 6. Monthly dynamics of the US dollar against the rupee, Rs. for 1 US dollar, 2015-May 2020
Chart 7. Shares of the largest competitors in the medical mask market in 2019
Diagram 8. Dynamics of production volumes of medical masks in India, million Rs., 2015 - 2019
Diagram 9. Dynamics of the total revenue of the largest manufacturers (TOP-5) of medical masks in India, million Rs., 2015-2019
Chart 10. Share of exports in production, %, 2015 - 2019
Chart 11. Production of medical masks in India by states of India, %, 2019
Diagram 12. The volume and dynamics of imports of medical masks in physical terms, 2015 - 2019
Diagram 13. The volume and dynamics of imports of medical masks in monetary terms, 2015 - 2019
Diagram 14. Dynamics of export of medical masks in physical terms, 2015 - 2019
Diagram 15. Dynamics of export of medical masks in monetary terms, 2015 - 2019
Diagram 16. Balance of exports and imports, million Rs., 2015 - 2019
Chart 17. Structure of exports by country in 2019
Diagram 18. Dynamics of consumption of medical masks in value terms, Rs./person, 2015 - 2019
Diagram 19. Shares of regions for the supply of medical masks by the number of tenders with a contract value of more than 20 million Rs., concluded in January. 2019 - Apr. 2020, %
Diagram 20. Shares of months of supply of medical masks by the number of tenders with a contract value of more than 20 million Rs., concluded in January. 2019 - Apr. 2020, %
Diagram 21. Shares of medical mask customers by the number of tenders with a contract value of more than 20 million Rs., concluded in January. 2019 - Apr. 2020, %
Diagram 22. Forecast of the market size of medical masks in the absence of a second outbreak of coronavirus, 2020-2024, billion Rs.
Diagram 23. Forecast of the volume of the market for medical masks during the second outbreak of coronavirus, 2020-2024, billion Rs.
Tables
Table 1. STEP analysis of factors affecting the medical mask market
Table 2. Main companies participating in the medical mask market in 2019
Table 3. Profiles of companies participating in the medical mask market in 2019
Table 4. Dynamics of the production of medical masks in India by union territories, 2015 - 2019, million Rs.
Table 5. Structure of imports of medical masks by importing countries in 2019
Table 6. Data on completed tenders for the purchase of medical masks, with contracts signed in Jan. 2019 - Apr. 2020 with a contract amount of more than 20 million Rs.
Table 7. Average producer prices for medical masks across the Union Territories, Rs./100 units, 2019
Table 8. Average consumer prices for medical masks by state of India, Rs./piece, Apr. 2020
Table 9. Assessment of factors of investment attractiveness of the medical mask market
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