Global adult incontinence products market is estimated to be valued at US$ 11.2 Billion in 2021, according to the Global Adult Incontinence Products Market report, by Product Type (Adult Diapers, Pads, Pants & Others), by End User (Men & Women), by Distribution Channel (Supermarket, Online Stores, Pharmacy & Drug Stores and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa), published by Coherent Market Insights.
Global adult incontinence products market was valued at US$ 11.2 Billion in 2021. Adult incontinence products market is expected to register a CAGR of 7.9% over the forecast period (2022–2030). The Asia Pacific region is expected to dominate market over the forecast period and is expected to be the largest and fastest-growing region.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/adult-incontinence-products-market-2290
Browse 50 market data tables* and 40 figures* on "Global Adult incontinence products Market” - Forecast to 2030.
Key Trends and Analysis of the Global Adult Incontinence Products Market:
As per the Centers for Disease Control the women across are more likely to experience incontinence than men. Women segment held the highest market share in 2021 in the global adult incontinence products market, owing to high incidences of incontinence in women as compared to men. According to the data provided by National Center for Health Statistics in 2014, women getting home health care in the U.S. aged 65 years and above were 1.7 times more likely to suffer from bladder incontinence than men.
Key Takeaways of the Global Adult Incontinence Products Market:
- Asia Pacific is expected to be the fastest growing region in the global adult incontinence products market during the forecast period. Rapid growth in the geriatric population is the major factor driving growth of the market in this region as many older people suffer from incontinence problems. According to the Ministry of Internal Affairs and Communications, the population in Japan above 65 years in 2015 was 26.7% of Japan’s total population, which increased to 27.7% in 2017.
- Europe accounted for a significant market share in the global adult incontinence products market in 2017. This is owing to the rising initiatives of major players to launch new and innovative products with advanced technology to meet the rising demand for incontinence products. For instance, in November 2017, TENA brand’s premium briefs, protective underwear, and heavy pad incontinence products featured with TENA ConfioAir percent breathable technology, which allows excess moisture to evaporate that helps to maintain skin's natural moisture balance and improve comfort for wearers.
- North America held significant market share in the global adult incontinence products market in 2021. This is attributed to significant number of reported adult incontinence instances in the region. Around 13 million people in the U.S. in 2020 have been diagnosed with incontinence, according to the Agency for Healthcare Research and Quality. While older age increases the risk of this condition. Additionally, rapidly growing elderly population is another factor contributing to the growth of this market in North America. According to the United Nations report on October 2021, the process of aging is rapid in North America, with more than one in five person was aged 60 or above in 2017.
- New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities are key strategies adopted by players in the global adult incontinence products market
