The global cotton pads market was valued at US$ 565.2 million in 2019, according to Cotton Pads Market Report, by Product Type (Round Cotton Pads, Square Cotton Pads, and Oval Cotton Pads) by End-use Industry (Cosmetics, Medical, and Others), by Distribution Channel (Hypermarket/Supermarket, Specialty Stores, Online, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa), published by Coherent Market Insights.
The global cotton pads market is expected to surpass US$ 806.3 million by 2027, exhibiting a CAGR of 5.0% during the forecast period (2020-2027). The rising number of injuries due to roadside accidents is driving the need for dressing and wound covering materials, thereby boosting demand for cotton pads across the globe. For instance, as per the article published by WHO (World Health Organization) about ‘Road traffic injuries’ on 7th February 2020, around 1.35 million people die each year due to road traffic crashes, while 20 to 50 million people suffer from non-fatal injuries across the globe. Moreover, the adoption of soft material for cleansing sensitive skin of babies is expected to further fuel up the market growth for cotton pads. Thus, several players are expanding their manufacturing facilities for developing multi-purpose cotton pads. For instance, in 2019, Groupe Lemoine completed the construction of Lemoine Textisol Cotton Industry, a pads production unit in Cocentaina, Spain. Moreover, promotional activities undertaken by the key players for boosting the sale of their products have also contributed significantly to the rising popularity of cotton pads. For instance, in May 2018, Lohmann & Rauscher made its inaugural presentation of the ‘Hygiene in Practice’ movement at the annual conference of the European Wound Management Association (EWMA) held in Polland.
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Global Cotton Pads Market - Impact of Coronavirus (COVID-19) Pandemic
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