Access to the high threshold of medical textile products has attracted significant attention from investors in the industry. Yueyang (Shaoxing) Medical Supplies Co., Ltd., located in Gaobu Town, Yuecheng District, is preparing to invest 180 million yuan to capture a larger share of the medical textile market, aiming to break the current dominance of Shandy Medical Dressings Co., Ltd. in this sector. According to recent reports, the company is currently in the early stages of plant construction and expects to complete and start operations by the end of next year.
The global demand for new medical protective materials remains strong, especially in foreign markets. For instance, the European market alone has an annual demand of around $1 billion. As labor costs rise in Europe and Chinese medical companies improve their management systems, international purchasing centers are gradually shifting toward China. Additionally, there's a growing trend in the medical textile industry, moving away from traditional cotton-based products toward disposable nonwoven materials.
Lu Jianguo, director of "Ocean Medical Care," conducted extensive market research and believes that with relatively few domestic competitors, investing in this project offers promising market potential. To capitalize on this opportunity, the company plans to raise 180 million yuan to introduce advanced production lines for surgical nonwoven products.
According to Gao Gaoxing, the vice mayor in charge of industry development in Gaopu, the project will cover an area of 80 acres, with a plant construction area of 80,000 square meters. Currently, the construction preparations are progressing rapidly, and the project is expected to start by the end of this year. The plant is anticipated to be completed and operational by the end of next year. Once fully operational, it is estimated to produce 10 million surgical gowns and 15 million surgical drapes annually, generating sales revenue of approximately 220 million yuan.
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