Adult Diapers Market Size to Grow at a CAGR of 7.50% Till 2021: A to Z Research
According to the report, global adult diapers market was valued at USD 9,246.36 million in 2015 and is expected to reach USD 14,592.72 million by 2021, growing at a CAGR of 7.50% between 2016 and 2021.
Sarasota, FL -- (SBWire) -- 10/30/2017 --According to the report, global adult diapers market siz e was valued at USD 9,246.36 million in 2015 and is expected to reach USD 14,592.72 million by 2021, growing at a CAGR of 7.50% between 2016 and 2021. In terms of volume, the global adult diapers market stood at 17,689.3 million units in 2015.
An adult diaper is a disposable diaper consist of an absorbent inserted in between two non-woven fabric structure. This helps in avoiding the leakage, maintain the body fluid level and improve comfort. An adult diaper is different from baby diapers. Diapers can be used for adults with various conditions, such as severe diarrhea, dementia, incontinence or mobility impairment. Adult diapers are made in a range of forms including those resembling traditional child diapers, underpants, and pads resembling sanitary napkins or well-known as incontinence pads.
The adult diaper market is primarily driven by affordability, growing aging population, urbanization and increased awareness of treatment methods for urinary incontinence across the globe. The global adult diaper market is expected to show rapid growth due to the aging population, economic affluence, and improvement of healthcare systems. However, price volatility and social and economic constraints of using adult diapers are a major restraint that may limit the adult diapers market.
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The adult diaper market is segmented on the basis of type, which includes pad type diapers, pants-type diapers, flat type diapers and others. Pad type adult diapers accounted for the majority share of the global adult diaper market in 2015 with around 48.01% share of the overall market in terms of revenue. Two types of adult diapers available in the market include disposable and reusable adult diapers.
North America dominated the global adult diapers market on account of rising geriatric population coupled with rising incidences of urinary bladder issue in the region. North America acquired around 31.19% share of the overall market in 2015 in terms of revenue. U.S. and Germany exhibit strong growth for adult diaper market. Asia-Pacific was one of the leading regions for adult diaper market and expected to show moderate growth in the years to come. Developing countries are anticipated to experience the largest growth owing to shift in lifestyle and rising population. Japan was the one of leading market in the Asia Pacific region. China followed by India, has the biggest population of senior citizens and is also anticipated to demonstrate the fastest growth in the next few years. Emerging manufacturers are suggested to design high-quality products sold at reasonable pricing and thus maintain their market share.
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First quality enterprises, inc., Daio paper, Covidien, Kao Corp., Kimberly Clark, Hengan Group, Medline Industires, Unicharm, Nippon Paper Industries, Ontex International, and DSG international, are some of the key participants in the adult diaper market.
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