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The global incontinence care products market size is anticipated to reach USD 24.35 billion by 2026, owing to the increasing ageing population and the rising prevalence of incontinent problems among them. Fortune Business Insights™ presents this information in their recently published report titled, “Incontinence Care Products Market Size, Share & Industry Analysis, By Product Type [Non-Absorbents (Catheters, Slings, Drainage Bags, Stimulation Devices, and Others) and Absorbents (Underwear & Briefs, Drip Collectors & Bed Protectors, and Pads & Guards)], By Gender (Male and Female), By Usage (Reusable and Disposable), By Distribution Channel (Institutional Sales, Retail Stores, and Online Channels) and Regional Forecast, 2019-2026.” According to this report, the market value stood at USD 14.30 billion in 2018 and is expected to gain impetus by 6.9% CAGR within the forecast period of 2019 to 2026.
ESSITY Brand Aids in Expansion of Male Consumers Worldwide with Launch of their New Product Range ‘TENA’
With the increasing popularity of incontinence products worldwide, Essity, a well-known brand for hygiene and health, introduced a new range of underpants, briefs and other incontinence products in November 2017. ConfioAir Breathable Technology is used in the production of these products. The main objective of these products is to provide ease and comfortable wearing on a daily basis while leading a normal life without any fear of leakage or foul smell. Such innovations are also propelling other incontinence care products market manufacturers to strive for launching similar or better products in order to gain high revenue in the future.
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Better Absorbent Levels in New Products will Increase Popularity of Products, Boosting Market
The World Health Organization (WHO) estimates the number of people aged 60 years and older will reach 2 billion by the end of 2050 from 900 million recorded in 2015. This, coupled with the rising prevalence of incontinence among people of old age is likely to help boost the overall incontinence products market revenue in the forecast period. Additionally, the launch of new products with better absorbent levels, good odor control, and breathability is expected to create lucrative incontinence care products market growth opportunities in the forecast duration.
Furthermore, the rapid adoption of home care services for elderly care and the rising popularity of e-commerce and online channels is anticipated to help increase the overall market size in the forecast duration.
Companies to Strive for Excellence in Terms of Better Absorbent Formula in Products
Essity emerged as the dominant incontinence care products market manufacturer. In addition, the presence of separate male and female segments and rise in retail purchase of products is making TENA products a huge success in the market. On the other side, the launch of a range of liners and pads with wings for women by Kimberly –Clark is also intensifying the overall market competition. Competitors are striving for launching the best of products with comfort and fragrance-lock formula in order to maintain their mark in the world competition.
Some of the key industry developments of the incontinence devices market include:
Significant Incontinence Care Products Market Manufacturers are as follows:
Further Report Findings
The global incontinence products market is classified into the following:
Value (USD million)
By Product Type
By Distribution Channel