According to the World Health Organisation (WHO) report, the
Rise in population of elderly citizen and diabetic patients in every country
had led to upsurge in the demand for inconsistence product. Imposition of
government regulation over the low cost alternative substitute is expected to
impact the growth of the global inconsistence product market positively.
According to Trends Market Research, The inconsistence product market will
register fast growth over the forecast period, 2018-2028.
Market Dynamics
Growth of the incontinence market or incontinent market is
expected to be bound to several macro-economic and micro economic factor.
Growing need of the elderly population had led to the upsurge in demand for the
Incontinence product market in the global market. Moreover, Incontinence
product are the part of the personal care segment which is in demand at a
larger pace and moving towards product innovation to customize the product is
also driving the incontinence care industry. Attributing to these factor, the
demand for incontinence market continue to increase in the global market. Also,
growing awareness among the customers regarding the protective underwear &
briefs, Liners, pads, overnight diapers, tab style diapers, skin care product
and the low-cost and recycled product will rev up the demand in the global
inconsistence market.
On the other side, limited support from the government in
various developed countries is expected to inhibit the growth of the
Inconsistence product. As the target consumers is elder citizen, so the
expensive price of the product can hinder the growth of the inconsistence
market at larger scale.
Segmentation analysis
The global market is segmented on the basis of their product
type and their usage in the region and their distribution channels. Western
Europe and Asia Pacific is expected to remain dominant in the global market.
Also, Japan having the highest population which comprises of elderly people and
this can lead to the high scope of incontinence product market. The
incontinence market in Western Europe is expected to represent the major
consumer during the forecast period. The developed region in this market will
continue to dominate in the global market during the forecast period. Surge in
the population that prefers spending high for the enhanced services further
fuels demand for the global incontinence product market. Increase in the
initiatives taken by the government and surge in the contract manufacturing
process is expected to encourage the healthcare products by providing various
incentives in countries such as China and Saudi Arabia. Keeping in mind, about
the usage of the product in healthcare, homecare product segment the global market
is expected to rev up during the forecast period.
Market Players
The key market players in the global incontinence product
market includes Svenska Cellulosa Aktiebolaget SCA, HARTMANN GROUP, Unicharm
Corporation, ONTEX International N.V., Hypermarcas SA, Kimberly-Clark
Corporation, First Quality Enterprises Inc., Pro Descart Industria e Comercio
Ltd, Coloplast A/S, C. R. Bard Inc., B. Braun Melsungen AG, Covidien plc and
Medline Industries Inc. etc.