Rising geriatric population followed by an increasing number of suffering from sphincter and urinary bladder dysfunction is primarily driving the market growth. Rising disposable income along with rising demand of patient hygiene in the hospital is further fueling the market growth. Moreover, increasing cases of urinary incontinence in elderly and adult population is presumed to augment the market demand in the healthcare sector. Furthermore, the development of odor-free, body fit diapers with excellent absorption is spurring the market demand.
As per the latest report added by Value Market Research, the Global Adult Diaper Market was valued at USD 11 BN (by revenue) in 2017 and is anticipated to reach USD 17.7 BN by 2024 with a CAGR of 7.5%.
BY TYPE, PAD-TYPE EMERGED AS LEADING SEGMENT
In 2017, pad-type dominated the application segment with an accounted market share of X.X% of the total market share. Owing to easy-to-use, better protection & leakage control and relatively inexpensive nature is driving their demand.
NORTH AMERICA DOMINATED THE GLOBAL ADULT DIAPER MARKET
Geographically, North America dominated by holding around 30% of the total regional market. Owing to the growing geriatric population coupled with rising cases of the sphincter and urinary bladder dysfunction is the prime factor driving the market growth. Also, increasing demand from healthcare facilities such as hospitals, clinics, and care centers is further fueling the regional market growth.
MAJOR PLAYERS OF THE MARKET
The market is moderately competitive owing to the presence of major players such as Covidien, Daio Paper, DSG International, First Quality Enterprises, Inc., Fu Burg Industrial, Hengan Group, Kao Corp., Kimberly Clark, Medline Industries, Nippon Paper Industries, Ontex International, P&G, Svenska Cellulosa Aktiebolaget, Tranquility and Unicharm.
As per this study the global adult diaper market was valued at USD 17.7 BN (by revenue) in 2021 and is anticipated to reach USD 31.33 BN by 2028 with a CAGR of 8.5%.
The adult diaper is a diaper which is intended to be worn by an adult people in the condition of incontinence, mobility impairment, and dementia. The various adult diapers include underpants, and pads resembling sanitary napkins (known as incontinence pads) and those resembling child diapers. These diapers are also used by those who are bedridden or in wheelchairs because they are unable to access the toilet independently.
Market Dynamics
The growing urinary incontinence among adult and unwillingness to go through intrusive process among adult is the prime reason for the growth of the market. Moreover, the rising application of adult diaper in conditions such as diarrhea, mobility impairment, and dementia is projected to impact product growth positively. Additionally, increasing use of the product for other than medical issues purpose is also expected to boost its demand and customer acceptance. However, social taboo and dignity issue among adult is likely to hamper the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of adult diaper.
Market Segmentation
The broad adult diaper market has been sub-grouped into product . The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product
- Pants-Type Diapers
- Pad-Type Diapers
- Flat-Type Diapers
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for adult diaper in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Adult Diaper Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the adult diaper market includes Covidien, DSG International, Daio Paper, First Quality Enterprises, Inc., Fu Burg Industrial, Hengan Group, Kao Corp., Kimberly Clark, Medline Industires, Nippon Paper Industries, Ontex International, P&G, Svenska Cellulosa Aktiebolaget, Tranquility, and Unicharm. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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