Press release
Incontinence Pads Market expected to Witness Huge Revenue Growth to 2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Incontinence Pads Market- (By Product Type (Reusable Pads, Disposable Pads), By Patient (Female Incontinence Pads, Male Incontinence Pads), By End-Use (Hospitals, Clinics, Long-term Care Facilities, Homecare Settings, Others), By Distribution Channel (Offline Sales, Hospital Pharmacies, Retail Pharmacies, Hypermarkets and Supermarkets, Online Sales)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Incontinence Pads Market is valued at US$ 6.73 Bn in 2022, and it is expected to reach US$ 10.83 Bn by 2031, with a CAGR of 5.5% during a forecast period of 2023-2031.
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Disposable incontinence is defined as a loss of voluntary control over the urinary bladder muscles, also known as rectal incontinence. Most persons who have urine incontinence use disposable incontinence products. Senior citizens who cannot manage urine inflow typically take these. Disposable incontinence products should be constructed of nonwoven materials of the highest medical quality. Rapid advances in nonwoven and woven production technology, a growing emphasis on preventing hospital-acquired infections (HAIs), and improvements in healthcare services and infrastructure across developing countries are some of the important factors driving the growth of the global disposable incontinence products market. The rising frequency of renal disorders and nephrological injuries, technological developments in the materials used for disposable goods and catheters, and increased awareness about personalized care and hygiene are the primary factors driving the market's growth. In addition, the market is being supplemented by an increase in the number of elderly people and a surge in disposable money and health awareness.
List of Prominent Players in the Incontinence Pads Market:
• Cardinal Health Inc.
• Kimberly Clark Corporation
• Medline Industries, LP.
• Procter & Gamble
• ABENA A/S
• PAUL HARTMANN AG
• Essity Aktlebolag (publ)
• Ontex BV
Market Dynamics:
Drivers-
Greater awareness and acceptance of incontinence as a medical disease have reduced its stigma. As a result, more people are looking for and using incontinence items like pads, which is fueling market expansion. The growing emphasis on environmentally friendly products and materials has created more environmentally friendly incontinence pads. Consumers' enthusiasm for environmentally friendly solutions may push producers to provide greener alternatives. Furthermore, manufacturers constantly enhance the technology and materials used in incontinence pads. These developments result in more comfortable, discrete, and effective goods, which drive consumer acceptance.
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Challenges:
Incontinence continues to be a stigmatized issue in several cultures and societies. Lack of awareness and discomfort in addressing incontinence can prevent consumers from finding appropriate items, such as incontinence pads. The disposable nature of many incontinence pads raises issues about environmental sustainability. Consumers and regulators are increasingly searching for eco-friendly alternatives, which may make it difficult for businesses to develop and offer greener options.
Regional Trends:
The North America Incontinence Pads Market is expected to record a large market share in terms of revenue and it is estimated to grow at a high CAGR in the near future. The region has a huge ageing population, with many baby boomers approaching retirement age. As incontinence grows more common with age, the ageing population is one of the important drivers of the incontinence pad industry. As carers and patients choose simple and effective incontinence management options, developing home healthcare services in North America has raised the demand for incontinence pads. Furthermore, awareness of incontinence as a medical condition is growing throughout the Asia Pacific region. More people seek and use incontinence pads for appropriate management as awareness develops and stigma fades.
Recent Developments:
• In Apr 2022, Kimberly-Clark unveiled their brand-new Poise® Ultra Thin Pads with Wings. The smallest pads in the Poise® line now come with a stay-in-place wing option, providing up to 100% clean, dry and fresh protection against bladder leaks.
• In Feb 2021, Ontex developed a novel incontinence-specific intelligent nappy solution. The innovative solution from Ontex consisted of a high-quality nappy with a printed sensor, a transmitter attached to the nappy, and a mobile application. This combination accurately determined the saturation level of the nappy as well as the danger of leakage and alerted carers when the nappy had to be changed.
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Segmentation of Incontinence Pads Market-
By Product Type-
• Reusable Pads
• Disposable Pads
By Patient-
• Female Incontinence Pads
• Male Incontinence Pads
By End-Use-
• Hospitals
• Clinics
• Long-term Care Facilities
• Homecare Settings
• Others
By Distribution Channel-
• Offline Sales
o Hospital Pharmacies
o Retail Pharmacies
o Hypermarkets and Supermarkets
• Online Sales
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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InsightAce Analytic Pvt. Ltd.
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.JPG
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