Global Incontinence Care Products Market to Rise at a 6% CAGR from 2024 to 2034, Attaining at Valuation of US$ 22.9 Billion- Future Market Insights
Incontinence care products play a major role in helping elderly patients live a confident and comfortable life. Hence, the presence of the geriatric population and the rise in chronic conditions are driving the growth of the market.
NEWARK, Del, Feb. 19, 2024 (GLOBE NEWSWIRE) -- The incontinence care products market is anticipated to reach a valuation of *US$ 12.7 billion* in 2024. The industry is projected to be worth *US$ 22.9 billion* by 2034, expanding at a *CAGR of 6%* between 2024 and 2034. The market caters to individuals experiencing urinary or fecal incontinence, offering various products to manage these conditions effectively.These products include absorbent items like adult diapers, pads, protective underwear, and skincare products designed to alleviate associated skin irritation and discomfort. The market serves individuals of all ages, from infants to the elderly, who may require assistance managing their bladder or bowel control.
Several factors contribute to the growth and demand within the market. Firstly, the aging population globally has led to an increase in the prevalence of incontinence, driving the need for such products. A growing awareness of personal hygiene and healthcare prompts individuals to seek effective solutions for managing incontinence discreetly and comfortably.
*Request for a Sample of this Research Report: *https://www.futuremarketinsights.com/reports/sample/rep-gb-18961
Continuous product design and technology innovation also play a crucial role in shaping the market landscape. Companies invest in research and development to improve product efficacy, absorbency, and comfort and introduce eco-friendly and sustainable options to meet consumer preferences.
The market benefits from increasing healthcare expenditures and rising incidences of conditions like urinary incontinence, contributing to market expansion. Affordability and ease of use are significant factors influencing consumer purchasing decisions and environmental sustainability considerations.
As the demand for high-quality and effective incontinence management solutions continues to rise, companies are well-positioned to capitalize on emerging applications and technological advancements to meet the evolving needs of consumers across demographics.
*Key Takeaways from the Market Study*
· Based on the product, the absorbents are projected to expand at 5.8% *CAGR by 2034.*
· China is estimated to register at a *CAGR of 6.6%* by 2034.
· South Korea experiences significant growth, projected at a *CAGR of 7.5% *by 2034.
· Based on usage, reusable is anticipated to expand at a *CAGR of 5.5%* by 2034.
“Rising healthcare expenditures and increasing incidences of conditions like urinary incontinence drive market expansion in the incontinence care products market,” says Sneha Verghese, Senior Consultant for Consumer Goods and Products at Future Market Insights.
*Drive Your Business Growth Strategy: Purchase the Report for Key Insights! *https://www.futuremarketinsights.com/checkout/18961
*Competitive Landscape*
The competitive landscape of the incontinence care products market is characterized by the presence of several key players vying for market share. These companies engage in strategic initiatives such as product innovation, partnerships, and mergers to gain a competitive edge.
Additionally, marketing efforts are crucial in brand visibility and customer engagement. The dynamic nature of the market reflects ongoing efforts to meet the diverse needs of consumers and maintain a competitive position. Some key developments are as follows:
· In May 2023, Nobel Hygiene Pvt Ltd. launched UltraThinz slim disposable underpants, especially for younger consumers suffering from light incontinence like obesity, prostate issues, and postpartum incontinence.
· In June 2021, Medline finalized the acquisition of a substantial segment of the Hudson RCI® brand of respiratory consumables from Teleflex. This acquisition encompassed the brand's oxygen and aerosol therapy, active humidification, non-invasive ventilation (NIV), and incentive spirometer products.
*More Valuable Insights Available*
Future Market Insights offers an unbiased global incontinence care products market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034
To understand incontinence care products market opportunities are segmented based on Product [Non-Absorbents (Catheters, Slings, Drainage Bags, Stimulation Devices), Absorbents (Underwear & Briefs, Drip Collectors & Bed Protectors, Pads & Guards)], Gender (Male, Female), Usage (Reusable, Disposable), Distribution Channel (Institutional Sales, Retail Stores, Online Channels) and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).
*Report Scope:*
*Attributes* Details
*Estimated Market Size in 2024* US$ 12.7 billion
*Projected Market Valuation in 2034* US$ 22.9 billion
*CAGR Share from 2024 to 2034* 6 %
*Forecast Period* 2024 to 2034
*Historical Data Available for* 2019 to 2023
*Market Analysis* Value in US$ billion
*Key Regions Covered* · North America
· Latin America
· Western Europe
· Eastern Europe
· South Asia and Pacific
· East Asia
· Middle East and Africa
*Key Market Segments Covered* · Product
· Gender
· Usage
· Distribution Channel
· Region
*Key Countries Profiled* · The United States
· Canada
· Brazil
· Mexico
· Germany
· United Kingdom
· France
· Spain
· Italy
· Poland
· Russia
· Czech Republic
· Romania
· India
· Bangladesh
· Australia
· New Zealand
· China
· Japan
· South Korea
· GCC Countries
· South Africa
· Israel
*Key Companies Profiled* · Essity
· Kimberly-Clark Corporation
· Coloplast Corp
· Procter & Gamble
· Ontex
· PAUL HARTMANN AG
· Domtar Corporation
· ConvaTec Inc.
· Wellspect HealthCare (Dentsply Sirona)
· Hollister Incorporated
*Request the Full Report Methodology Now: *https://www.futuremarketinsights.com/request-report-methodology/rep-gb-18961
*Key Segments of Incontinence Care Products Industry Survey*
*By Product:*
· Non-Absorbents
· Catheters
· Slings
· Drainage Bags
· Stimulation Devices
· Absorbents
· Underwear & Briefs
· Drip Collectors & Bed Protectors
· Pads & Guards*By Gender:*
· Male
· Female
*By Usage:*
· Reusable
· Disposable
*By Distribution Channel:*
· Institutional Sales
· Retail Stores
· Online Channels*By Region:*
· North America
· Latin America
· Western Europe
· Eastern Europe
· South Asia and Pacific
· East Asia
· Middle East and Africa*About the Consumer Product Division at Future Market Insights*
The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one million+ data points, the team has analyzed the industry lucidly in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.
*Authored by:*
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
*Explore Future Market Insights, Inc. Extensive Coverage in Consumer Product Domain:*
With an estimated CAGR of 9.0%, the global feminine hygiene product market size has the potential to surpass US$ 32,714.70 million in 2023. By 2033, feminine hygiene product sales are expected to be estimated at US$ 77,399.90 million.
The women’s intimate care products market is estimated to be valued at US$ 28.88 billion in 2023 and is expected to reach US$ 43 billion by 2033. The adoption of women’s intimate care products is likely to advance at a CAGR of 4% during the forecast period.
The women hygiene care product market size around the globe reached a valuation of US$ 32,714.7 million in 2023. Demand for women hygiene care products recorded a y-o-y growth of 8.1% in 2023.
The incontinence skincare products market is estimated to be valued at US$ 2.93 billion in 2023 and is expected to total US$ 4.55 billion by 2033. The adoption of incontinence skincare products is likely to advance at a CAGR of 4.5% during the forecast period.
The professional hair care products market is set to flourish its space in the market with a CAGR of 4.4% between 2023 and 2033. The market holds a value of US$ 23.06 Billion in 2022, while it is anticipated to reach a valuation of US$ 35.47 Billion.
The global car care products market size is anticipated to register striking growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is projected to surpass a valuation of US$ 52.01 billion in 2023. It is anticipated to hit a valuation of US$ 88.01 billion by 2033
The baby personal care market is likely to hold the global market at a moderate CAGR of ~5% during the forecast period. As per newly released data by Future Market Insights (FMI), the baby personal care market is estimated at US$ 6.08 Billion in 2023 and is likely to cross US$ 8.71 Billion by the end of 2033.
The Anti-Fatigue Skincare Products Market* is* likely to hold the global market at a moderate CAGR of 4.5% during the forecast period. The global market holds a forecasted revenue of US$ 16.58 Million in 2022 and is likely to cross US$ 25.75 Million by the end of 2032.
The allantoin extract for skincare products market is anticipated to expand to a notable valuation of US$ 726.27 million in 2023 and is poised to exhibit a compound annual growth rate (CAGR) of 4.5% from 2023 to 2033 and reach US$ 1,127.88 million in 2033.
The BRICS oral care market is analysed based on parameters such as product type, distribution channel and countries. Increasing awareness among consumers regarding oral hygiene is anticipated to drive demand for oral care products shortly.
*About Future Market Insights (FMI)*
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
*Contact Us: *
Nandini Singh Sawlani* *
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
*For Sales Enquiries: *sales@futuremarketinsights.com
*Website:* https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube