Protective Incontinence Products to Account For 44% of Total Revenue across The Forecast Period
A newly
updated Fact.MR report on the incontinence products market, the market is
anticipated to grow at a CAGR of 5% from 2022 to 2032 and will be worth more
than US$ 15 Bn by the end of the aforementioned forecast period. The demand for
novel approaches for incontinence product development is being driven by rising
incidences of incontinence brought on by a variety of contributing factors,
including age, obesity, childbirth, PTSD, and prostate surgeries.
Demand
for incontinence products increased dramatically over the
historical period of 2017–2021 at a CAGR of 4%. The market for incontinence
products continues to hold out higher gains due to factors like demographics
and health, as well as an increased understanding of incontinence conditions,
product normalisation, and the creation of more product formats to address
wearer-specific needs and conditions.
New
incontinence products, such as more comfortable and covert clothing, are
becoming more widely known, supporting market gains. The market's opportunistic
potential, which the study estimates to be 4% Y-o-Y growth, is being reinforced
by the two-fold growth in the development of products that are based on
customer 'feel-good factor.
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into the Incontinence Products Market at https://www.factmr.com/connectus/sample?flag=S&rep_id=462
Why is it predicted that the U.S. market
for incontinence products will grow rapidly?
The demand
for incontinence products in the United States, which currently leads North
America, will increase significantly over the next few years. The U.S. market
is placing a lot of emphasis on product innovation, which is promoting the
penetration and adoption of premium incontinence products.
The variety
of people who experience incontinence has increased the opportunities for
manufacturers to innovate in this area and reap greater benefits by enhancing
product absorbency levels, skin friendliness, breathability, and odour control.
Fact. According to MR, the U.S. market will grow at a CAGR of 7% through 2032.
Additionally,
the region's growing geriatric population and incidence of mental illnesses,
chronic renal failure, and diabetes are driving up demand for incontinence
products. Growth is also being aided by technological developments in the
materials used to make these products and a markedly rising level of consumer
awareness among Americans as a whole regarding hygiene and care.
Key Market Segments in Incontinence
Products Industry Research
By Product Type
·
Protective Incontinence Garments
o
Cloth Adult Diaper
o
Disposable Adult Diaper
o
Disposable Protective Underwear
o
Disposable Pads and Liners
o
Bladder Control Pads
o
Male Guards
o
Incontinence Liners
o
Belted and Beltless Under Garments
o
Disposable Underpads/Sheet
·
Urine Incontinence Bags
o
Leg Urine Bags
o
Bedside Urine Bags
·
Urinary Catheter
o
Foley Catheter
o
Intermittent Catheter
By Raw Material
·
Plastic Incontinence Products
·
Cotton Fabrics Incontinence Products
·
Super Incontinence Absorbents
·
Cotton Fiber Incontinence Products
·
Latex Incontinence Products
By Distribution Channel
·
Institutional Sales of Incontinence Products
o
Hospitals
o
Skilled Nursing Facilities
o
Long Term Care Centers
o
Hospice/Palliative Care
·
Incontinence Product Sales via Modern Trade
·
Incontinence Product Sales via Departmental
Stores
·
Incontinence Product Sales via Convenience
Stores
·
Incontinence Product Sales via Specialty Stores
·
Incontinence Product Sales via Online Retailers
·
Incontinence Product Sales via Drug Stores
·
Incontinence Product Sales via Other Sales
Channels
By Consumer Orientation
·
Male Incontinence Products
·
Female Incontinence Products
By Functionality
·
Disposable Incontinence Products
·
Reusable Incontinence Products
By Product Claim
·
Organic Incontinence Products
·
Conventional Incontinence Products
To learn more about Incontinence Products
Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=462
Competitive Landscape
Strategic
mergers and acquisitions and product innovation have shaped the incontinence
products market's competitive environment. To take advantage of lucrative
opportunities in developing economies, front-runners are emphasising capacity
improvements and global footprint expansion.
·
Ontex Group introduced A Lovely Day, its first
digital subscription brand in incontinence, in April 2021. As a challenger
brand, A Lovely Day is introduced in France to shield consumers from both the
stigma associated with incontinence and the condition itself.
·
In June 2021, Medline completed the purchase of
a sizeable chunk of Teleflex's Hudson RCI® brand respiratory supplies. The sale
included items from the brand's non-invasive ventilation (NIV), active
humidification, incentive spirometer, and oxygen and aerosol therapy lines.
These product categories will be incorporated into Medline's respiratory
portfolio.
Key Companies Profiled
·
Unicharm Corporation
·
Kimberly-Clark Corporation
·
Essity AB
·
Medline Industries
·
Ontex International NV
·
Procter & Gamble
·
Drylock Technologies
·
First Quality Enterprise
·
B. Braun Melsungen AG
·
Medtronic Plc.
·
ConvaTec Inc.
·
C.R. Bard Inc.
·
Coloplast
·
Bellcross Industries
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Key Takeaways from the Market Study
·
By the end of 2022, the value of sales for
incontinence products will be $9.26 billion USD.
·
In 2022, disposable pads and liners will account
for about 33% of demand.
·
Through 2032, cotton fabric-based variants are
probably going to represent a sizable portion of sales.
·
The sale of organic incontinence products makes
up 25% of total sales.
·
44 percent of total sales will be made by protective
incontinence products over the forecast period.
·
The U.S. market is expected to grow at the
fastest rate, with a CAGR of 7%.
·
China will amass a 45 percent market share in
the global market for incontinence products.
According to
a Fact.MR analyst, as lifestyle disorders become more prevalent, the demand for
incontinence products is growing daily due to an increase in urinary or faecal
incontinence cases, particularly in the geriatric population pool, giving
manufacturers the chance to introduce novel control products.
PR Newswire
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