Press release
Disposable Incontinence Products Market Trends & Outlook 2024-2033
The Business Research Company recently released a comprehensive report on the Global Disposable Incontinence Products Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.According to The Business Research Company's, The disposable incontinence products market size has grown strongly in recent years. It will grow from $10.16 billion in 2023 to $10.97 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to rise in chronic health conditions, expansion of home healthcare services, product affordability and accessibility, cultural shifts and changing lifestyles, increased awareness and acceptance.
The disposable incontinence products market size is expected to see strong growth in the next few years. It will grow to $14.41 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to continuous aging population growth, focus on sustainable and eco-friendly products, expansion of e-commerce platforms, government initiatives for incontinence management, cultural shifts in health awareness. Major trends in the forecast period include integration with smart technologies, collaborations for healthcare solutions, online retail growth, customization for gender-specific needs, integration of smart diaper technologies, odor control technologies.
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Market Drivers and Trends:
The growing number of urological disorders is expected to propel the growth of the disposable incontinence products market going forward. A urologic disorder is a sickness or illness that involves, urinary tract infections, kidney stones, issues with bladder control, and prostate issues. Adult incontinence products ensure that a person is dry and comfortable so that nothing prevents them from taking pleasure in life's minor pleasures. Increasing incidents of urological disorders is likely to place a greater burden on healthcare systems and highlight the need for effective prevention and treatment strategies. For instance, in November 2022, according to Urology Care Foundation, Inc., a US-based personal care company reports, every year, more than 8.1 million patients seek medical attention for urinary tract infections. In their lives, over 60% of women and 12% of men will experience at least one UTI. Therefore, the growing number of urological disorders is driving the growth of the disposable incontinence products market going forward.
Product innovations are a key trend gaining popularity in the disposable incontinence products market. Companies operating in the disposable incontinence products market are innovating new products to sustain their position in the market. For instance, in January 2021, Essity AB, a Sweden-based hygiene and health company launched washable absorbent underwear for incontinence. The underwear offers customers a more environmentally friendly alternative to disposable protection by providing invisible protection for up to eight hours. These washable absorbent knickers may catch bladder leakage and can be worn again after a wash, much like regular knickers.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Becton, Dickinson and Company; Cardinal Health Inc.; Unicharm Corporation; Kimberly-Clark Corporation; Medtronic plc; B. Braun Melsungen AG; Medline Industries Inc.; Fujian Yifa Healthcare Products Co. Ltd.; Berry Global Inc.; First Quality Enterprises Inc.; Coloplast Ltd.; Essity AB; Svenska Cellulosa AB; ConvaTec Group Inc.; The Procter & Gamble Company; Ahlstrom-Munksjo Oyj; Asahi Kasei Corporation; Zydus Lifesciences Limited; Torrent Pharmaceuticals Ltd.; Eli Lilly and Company; Paul Hartmann AG; Stryker Corporation; Shield Healthcare Pvt. Ltd.; Johnson & Johnson Services Inc.; Procter & Gamble Company; Rikoh Co. Ltd.; Flexicare Medical Limited; Hengan International Group Company Limited; Nippon Paper Industries Co. Ltd.; DSG International plc; Kao Corporation
Disposable Incontinence Products Market 2024 Key Insights:
• The disposable incontinence products market will grow to $14.41 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
• Urological Disorders Drive Demand For Disposable Incontinence Products
• Essity's Revolutionary Product Innovation In Incontinence Care
• Asia-Pacific was the largest region in the disposable incontinence products market in 2023
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