Increasing consumption of personal hygiene products, rising disposable income worldwide, rising ageing population across the globe, and surging incidences of chronic kidney diseases, neurologic injuries, and bladder infection are major drivers in the global disposable incontinence products market. Application of products for treatment of patients with urinary tract and other urological disorders is expected to fuel demand in the global market. On the other hand, disposal of waste materials have an adverse impact on the environment which is a major challenge in the global market. Also, the reluctance of consumers to purchase incontinence products and infections caused to the urinary tract due to urinary catheters are major restraints to the global disposable incontinence products market.
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According to a report by Persistence Market Research, “Global Market Study on Disposable Incontinence Products: Industry Analysis and Forecast 2016-2024”, the market valued US$ 8.36 Bn at the end of 2015 and is projected to reach the value of US$ 12.25 Bn at the end of 2024, rising at a CAGR of 4.4% through the forecast period. The projected market trend is owing to the growing adoption of home care settings, especially in the developed regions.
In terms of products, the market is segmented as protective incontinence garments, urine bags, and urinary catheter. The protective incontinence garments segment is the leading segment in the global market with 82.3% share in terms of revenue and is projected to reach 82.6% revenue share at the end of 2024. The urinary catheter segment is the second largest segment with 16.5% share. The rising incidences of chronic bladder-related diseases and launch of novel products by the manufacturers is expected to drive the global disposable incontinence products market.
In terms of raw materials, the global market is segmented as plastic, cotton fabrics, super absorbents, cotton fiber, and latex. Super absorbents segment is the leading segment in the global market accounting for 35.4% share in terms of revenue in the global market at the end of 2015. The segment is projected to continue its dominating trend through the forecast period.
In terms of distribution channel, the global market is segmented as institutional sales and retail sales. Institutional sales segment is further sub-segmented into hospitals, long term care centers, and nursing facilities. Retail sales segment is further sub-segmented into pharmacy and drug stores, home care, and online and e-commerce. Institutional sales segment is projected to rise at a CAGR of 3.3% in terms of value through the forecast period, while the retail sales segment is projected to expand at a CAGR of 4.9% through 2016-2024. Increasing adoption of disposable incontinence products in home care settings is expected to fuel the market.
In terms of region, the market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. North America is the leading region in terms of revenue, amounting to US$ 3,177.3 Mn at the end of 2015. The market region is projected to rise at the fastest rate of 5.8% through the forecast period to reach the value of US$ 5,241.9 Mn at the end of 2024. The rising demand for disposable incontinence products due to increased adoption in home care settings, especially in developed countries is expected to fuel the market. North America is followed by Asia Pacific as the second leading region with projected CAGR of 5.6% through the forecast period.
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Major players in the global disposable incontinence products market include Paul Hartmann AG, C. R. Bard, Inc., Ontex International N.V., ConvaTec Inc., Mega Soft (Fujian) Hygiene Products Co., Ltd., Fujian Yifa Healthcare Products Co., Ltd., Unicharm Corporation, Abena Group, B. Braun Melsungen AG, Medtronica, Theos Medical Systems, Inc., SCA Hygiene Products AB, Kimberly-Clark Corporation, Fujian Hengan Group Ltd., and Medline Industries.
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