Press release
Incontinence Products Market Expects Over US$ 15.08 Billion Sales during 2022-2032: Fact.MR Study
A recently revamped Fact.MR report on the incontinence products industry forecasts that the market is expected to grow at a CAGR of 5% from 2022-2032, being valued at over US$ 15 Bn by the end of the aforementioned forecast period. Increasing incidences of incontinence caused by myriad contributing factors, such as age, obesity, childbirth, PTSD, and prostate surgeries are driving the demand for novel approaches for incontinence products development.During the historical period 2017-2021, demand for incontinence products surged at a CAGR of 4%. Demographic and health determinants, coupled with a growing understanding of incontinence conditions, product normalization, and the development of more product formats to address wearer-specific needs and conditions continue to promise higher gains in the incontinence products market. The COVID-19 pandemic further elevated sales prospects, as these were increasingly required to cater to excretion requirements of severely infected geriatric patients.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=462
Increasing awareness about novel incontinence products, such as new wear that are more comfortable and discreet are upholding gains in the market. The two-fold growth in the development of products that are based on customer 'feel-good factor is reinforcing the opportunistic potential of the market, which the study indicates is estimated to witness ~4% Y-o-Y growth.
Key Takeaways from the Market Study
โข Global incontinence products sales value to reach US$ 9.26 Bn by the end of 2022
โข Disposable pads and liners will represent ~33% demand share in 2022
โข Cotton fabrics based variants are likely to account for significant sales through 2032
โข Organic incontinence products account for a quarter of total sales
โข Protective incontinence products to account for 44% of total revenue across the forecast period
โข U.S to be the fastest growing market, registering a CAGR of 7%
โข China to accumulate a market share worth 45% in the global market for incontinence products
As lifestyle disorders become more frequent, the need for incontinence products amid rising cases of urinary or fecal incontinence, especially within the geriatric population pool, is increasing on a daily basis, providing manufacturers the opportunity to introduce novel control products, says a Fact.MR analyst.
๐๐ก๐๐ซ๐ ๐๐จ๐ฎ๐ซ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ & ๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ- https://www.factmr.com/connectus/sample?flag=S&rep_id=462
Competitive Landscape
Some prominent manufacturers of incontinence products are Becton Dickinson and Company, Kimberly Clark Corporation, Medline, Cardinal Health, and Coloplast Ltd. Some notable developments are as follows:
โข In April 2021, Ontex Group announced the launch of A Lovely Day, its first digital subscription brand in incontinence. A Lovely Day is launched in France as a challenger brand that protects people from the stigma surrounding incontinence, as much as it protects them from incontinence itself.
โข In June 2021, Medline completed the acquisition of a significant portion of the Hudson RCIยฎ brand of respiratory consumables from Teleflex. The sale included the?brand's oxygen and aerosol therapy, active humidification, non-invasive ventilation (NIV), and incentive spirometer products. Medline will integrate these product categories into its respiratory portfolio.
Key Companies Profiled
โข Unicharm Corporation
โข Kimberly-Clark Corporation
โข Essity AB
โข Medline Industries
โข Ontex International NV
โข Procter & Gamble
โข Drylock Technologies
โข First Quality Enterprise
โข B. Braun Melsungen AG
โข Medtronic Plc.
โข ConvaTec Inc.
โข C.R. Bard Inc.
โข Coloplast
โข Bellcross Industries
๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ: https://www.factmr.com/checkout/462
Key Market Segments in Incontinence Products Industry Research
โข By Product Type
o Protective Incontinence Garments
โข Cloth Adult Diaper
โข Disposable Adult Diaper
โข Disposable Protective Underwear
โข Disposable Pads and Liners
โข Bladder Control Pads
โข Male Guards
โข Incontinence Liners
โข Belted and Beltless Under Garments
โข Disposable Underpads/Sheet
o Urine Incontinence Bags
โข Leg Urine Bags
โข Bedside Urine Bags
o Urinary Catheter
โข Foley Catheter
โข Intermittent Catheter
โข By Raw Material
o Plastic Incontinence Products
o Cotton Fabrics Incontinence Products
o Super Incontinence Absorbents
o Cotton Fiber Incontinence Products
o Latex Incontinence Products
โข By Distribution Channel
o Institutional Sales of Incontinence Products
โข Hospitals
โข Skilled Nursing Facilities
โข Long Term Care Centers
โข Hospice/Palliative Care
o Incontinence Product Sales via Modern Trade
o Incontinence Product Sales via Departmental Stores
o Incontinence Product Sales via Convenience Stores
o Incontinence Product Sales via Specialty Stores
o Incontinence Product Sales via Online Retailers
o Incontinence Product Sales via Drug Stores
o Incontinence Product Sales via Other Sales Channels
โข By Consumer Orientation
o Male Incontinence Products
o Female Incontinence Products
โข By Functionality
o Disposable Incontinence Products
o Reusable Incontinence Products
โข By Product Claim
o Organic Incontinence Products
o Conventional Incontinence Products
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐ ๐๐๐ญ.๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก: https://www.prnewswire.com/news-releases/engagement-in-adventure-sports-like-skydiving-to-position-wearable-cameras-market-at-us-16-5-billion-by-2028--301630917.html
Contact:
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E-Mail: sales@factmr.com
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