(MENAFN- EIN Presswire) Owing to rise in aging population, and rise in concerns toward adopting adult incontinence, and baby care products.
WILMINGTON, DELAWARE, UNITED STATES, May 30, 2024 /EINPresswire / -- The global baby diapers and adult incontinence machine market size accounted for $0.85 billion in 2020, and is expected to reach $1.25 billion by 2028, registering a CAGR of 4.6% from 2021 to 2028. In 2020, the North America region dominated the global baby diapers and adult incontinence machine market accounting for about 45.36% share of the market.
A rise in the aging population is anticipated to stimulate the growth of the global baby diapers and adult incontinence machine market. For instance, the UK geriatric population is expected to grow at a rate of 26.34% from 2020 to 2030.
In addition, geriatric population suffering from various diseases such as bladder cancer, overactive bladder, urinary control, which in turn, rise in demand for adult diapers, sanitary napkins to control bladder control and urine influx, fuels the global baby diapers and adult incontinence machine market growth. Factors such as understanding of various incontinence conditions, and better access to products, is anticipated to supplement the growth of the baby diapers and adult incontinence machines.
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Impact Analysis:
An increase in adoption of personal care, and hygiene products, propel the market growth. These incontinence products are used to avoid leakage of urine, and odor protection. A rise in awareness about hygiene and sanitation, and rise in disposal income of population leads to the growth of the global baby diapers and adult incontinence machine market trends. For instance, the disposable income of Spain registered a growth of 7.3% from 2017 to 2018.
However, high cost of machine, and fluctuation in raw material prices is anticipated to hinder the development of the global baby diapers and adult incontinence machine market. On the other hand, technological integration in adult incontinence products, is anticipated to provide lucrative opportunities for the growth of the market.
The report analyzes the global baby diapers and adult incontinence machine market is segmented on the basis of type and region. Based on type, the market is divided into adult incontinence pads, adult incontinence diapers, sanitary pad, and baby diapers. Adult incontinence pads segment is further sub-divided into standard incontinence pads, and light incontinence pads. Adult incontinence diapers segment is sub-divided into pant type, and open type. Baby diapers segment is sub-divided into pant type, and open type. Baby diapers segment dominate the market.
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Top Players:
The key players profiled in the global baby diapers and adult incontinence machine market report include Cellulose Converting Solutions SpA, Procter & Gamble (Fameccanica Data S.p.A.), Quanzhou Niso Industry Co Ltd, SANI Group (SANIMAC SRL), Wangda Industrial Co. Limited, Welldone (China) Industry Limited, ZUIKO Corporation, HAINA Intelligent Equipment International Holdings Limited (Jinjiang HAINA Machinery Co Ltd), Anqing Heng Chang Machinery Co. Ltd., and RML Machinery & Services SA.
Regional Analysis:
Region wise, the global baby diapers and adult incontinence machine market analysis is conducted across North America (U.S., Canada, and Mexico), Europe (Germany, UK, Italy, France, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). In 2020, the North America region was the highest contributor to the global baby diapers and adult incontinence machine market share.
Key Findings Of The Study:
By type, the baby diapers segment was the highest revenue contributor in 2019.
Region wise, the North America region was the highest revenue contributor in 2019.
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