January 03, 2022
According to the research report titled ‘Global Adult Incontinence Market - Analysis By Product Type, Distribution Channel, End Users, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)’, available with MarketStudyReport, global adult incontinence market was valued at USD 3590.01 million in the year 2020 and is expected to grow substantially during forecast period 2021-2026.
Widespread acceptance of incontinence issues among adults, improved hygiene standards, increased healthcare awareness, and rapidly growing aging population are the primary factors driving the growth of global adult incontinence market.
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Moreover, imposition of rigorous health regulations in both developed & developing countries, as well as technological innovations such as thinner and more absorbent products, are hastening the industry development.
Notably, during the COVID-19 pandemic, the consumption of medical supplies and essential items was at an all-time high. Hence, the huge demand for adult incontinence products was met with increasing efforts by manufacturers to produce and launch new and unique products, which bolstered the growth of the market.
In terms of end-user scope, the female segment of worldwide adult incontinence industry is anticipated to exhibit considerable expansion over the course of the analysis period.
Based on distribution channel, the pharmacy & drug stores segment currently accounts for a significant share in the market and is predicted to witness exponential growth during the forecast period. This can be credited to availability of a varied product range such as pads & liners, wipes, diapers, disposal bags & pails, guards & shields, skincare and so on in such stores.
From a regional standpoint, Asia Pacific market held the maximum revenue share in the year 2020 and is poised to grow exponentially during the projected timeframe.
The competitive landscape of global adult incontinence market is defined by companies such as Byram Healthcare Centers Inc., Domtar Corporation, Attends Healthcare Products Inc., Nobel Hygiene Pvt. Limited, Procter & Gamble Company, McKesson Corporation, Ontex BV, Kimberly-Clark Corporation, Essity Hygiene and Health AB (TENA), and 3M Company among others.