Technavio Announces the Publication of its Research Report Global Disposable Undergarment Market 2016-2020
Technavio recognizes the following companies as the key players in the global disposable undergarment market: Break Room Concepts, Dispowear Sterite Company, Procter & Gamble, Qosmedix, and Svenska Cellulosa Aktiebolaget SCA (TENA).
Other prominent vendors in the market are: First Quality Enterprises, Kosmochem, Medline Industries, Nippon Paper, Simple Solutions, and Tamicare.
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Commenting on the report, an analyst from Technavios team said: One of latest trends in the market is growing visibility of disposable undergarments in mainstream market. Disposable undergarments such as bras and panties have become a trend in mainstream discussions. This coupled with awareness initiatives has resulted in people becoming less embarrassed to discuss urinary leakage issues in public. This has created a paradigm shift in the consumer expectations and acceptance of these products. Vendors are capitalizing on this opportunity by retailing these products openly. Disposable undergarment has now found separate store shelves at supermarkets, pharmacies, and supercenters.
According to the report, one of the primary drivers in the market is proliferation of strategic initiatives. Innovation and effectiveness of undergarment products such as disposable undergarment including bras and underwear the key to the growth of the market, and sustenance both retail outlets and online retail stores that engage in the sales of undergarments. Several vendors are entering into strategic alliances and investing in R&D for innovation of new products. Strategic alliances have resulted in better financial stability to develop latest products with enhanced efficiency in terms of safety and protection. These strategic decisions help companies to generate revenue, establish their presence, and acquire a significant share of the market by leveraging customer base, technology, financial capability, and R&D capabilities of their partners.
Further, the report states that one major challenge in the market is negative environmental impact. Disposable undergarments are known to cause environmental pollution because they are made from non-biodegradable materials. Materials such as plastic, elastics, and superabsorbent polymers such as polypropylene take longer duration to break down or degrade chemically, remain stagnant in landfills, and pollute the soil present in and around the landfills. The market is likely to witness increased sales in the coming years; however, sourcing of adequate raw materials for continuous production of disposable undergarments is a critical issue. Several raw materials used in the production process may be in short supply, which will negatively impact the production process of manufacturers, thus creating a demand-supply gap in the market. Despite the shortage, vendors are sourcing raw materials at higher prices to meet with increasing demand for disposable undergarments. Subsequently, high costs and shortage of raw materials will curb the profit margin of vendors over a period in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Disposable Undergarment
Disposable undergarments refer to underwear, panties, and bras that are used primarily to absorb urine and sweat. These products are also used in gyms and for travel purposes. Disposable undergarments refer to underwear, panties, and bras that are used primarily to absorb urine and sweat. These products are also used in gyms and for travel purposes.
Technavios analysts forecast the global disposable undergarment market to grow at a CAGR of 5.59% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global disposable undergarment market for 2016-2020. To calculate the market size, the report considers the revenue generated from retail sales of disposable undergarment products such as bras, panties, and underwear for men and women sold through the following distribution channels.
The market is divided into the following segments based on geography:
Technavio’s report, Global Disposable Undergarment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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