Adult Diaper Market Attracts Sizable Sales Opportunities due to Increasing Older Population, States TMR Study

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Jul 21, 2022, 03:00 ET

The global adult diaper market is estimated to be valued at US$ 19.0 Bn by 2031
Rise in number of pregnancies and increased prevalence of dementia or incontinence are leading to increasing demand for adult diapers
Surge in the older population in Asia Pacific is creating lucrative opportunities for the regional market

WILMINGTON, Del., July 21, 2022 /PRNewswire/ -- The global adult diaper market is estimated to register growth at a CAGR of 6.1% during the forecast period from 2022 to 2031, according to a research report by Transparency Market Research (TMR).

The TMR report offers exhaustive analysis of key factors impacting the growth trajectory of the adult diaper market including the growth drivers, growth restraints, challenges, and opportunities. This aside, readers gain access to a list of key players together with the volume, share, revenues, production, demand-supply ratio, and sales of each top adult diaper manufacturing company.

Leading adult diapers suppliers and manufacturers are focusing on the development of biodegradable and best adult diapers. Hence, they are increasing their investments in R&D projects. This aside, companies are executing different strategies such as new product launches and regional expansions in order to stay ahead of the competition. Such efforts are estimated to help in the rapid growth of the adult diaper market during the forecast period, according to analysts at TMR.

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Adult Diaper Market: Key Findings

As per the statistics by the National Library of Medicine, approximately 16% of female population below the age group of 30 experience the issue of incontinence. This huge percentage creates remarkable business opportunities for adult diaper manufacturers, notes a TMR study. Moreover, the analysts at TMR state that the companies are likely to observe a rise in the demand for adult diapers for women than the adult diapers for men, as women are more prone to bladder-related issues in comparison with the male population.
The improving spending power of people from several developed and developing nations is impacting positively on the growth curve of the adult diaper market, state TMR analysts. Moreover, the recent COVID-19 pandemic has resulted into a surge in understanding among consumers about importance of health and hygiene. This factor, in turn, is fueling the growth opportunities in the adult diaper market. Hence, the global market is prognosticated to gain a valuation of US$ 19.0 Bn by 2031.

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Adult Diaper Market: Growth Boosters

Rise in the number of people suffering from dementia or incontinence is fueling the sales growth in the adult diaper market
Increase in the global older population is bolstering the adult diaper market
Surge in the rate of pregnancies around the world is resulting into profitable prospects in the global market for adult diaper

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Adult Diaper Market: Regional Analysis

The adult diaper market in Asia Pacific is expected to maintain its dominating position during the forecast period owing to many factors such as increase in the population across many regional nations including China, Japan, and India. Moreover, the Asia Pacific market is anticipated to expand rapidly owing to a surge in the health awareness among the regional population.
The market is estimated to gain profitable opportunities in North America due to many factors including a rise in the older population and increase in the consumer understanding about the advantages of adult diapers. Moreover, the existence of many key players is favoring the growth of the North America region, state analysts at TMR.

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Adult Diaper Market: Key Players

Some of the key players profiled in the report are:

Kimberly-Clark
Procter & Gamble
Hengan International Group Co. Limited
Ontex
Daio Paper Corporation
First Quality Enterprises Inc.
Medline Industries Inc.
Nippon Paper Industries Co., Ltd.
Essity
Unicharm Corporation

Adult Diaper Market Segmentation

Product Type

Reusable
Disposable Adult Diapers
Swim Diapers
Others (Incontinence Products, etc.)

Style

Pad Style
Flat Style
Pant Style

By Consumer Group

Men
Women

By Price

Low (Below US$ 5)
Medium (US$ 5 – US$ 10)
High (Above US$ 10)

By End-user

Individual
Commercial

Hospitals
Old Age Homes

Distribution Channel

Online

E-commerce Sites
Company Websites

Offline

Supermarkets/ Hypermarkets
Departmental Store
Specialty Stores

Regions Covered

North America
Europe
Asia Pacific
MEA
South America

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About Transparency Market Research

Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End-Use that will favor growth in the market over the next 9 years.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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