Dublin, April 13, 2023 (GLOBE NEWSWIRE) — The ‘Underpads Market – International Outlook & Forecast 2023-2028’ report has been added to from ResearchAndMarkets.com supply.
The worldwide carpet pad market is anticipated to develop at a CAGR of 5.16% from 2022 to 2028.
MARKET TRENDS AND OPPORTUNITIES
Enhance in aged inhabitants
Older individuals who often undergo from incontinence have gotten quite common. Therefore, it is without doubt one of the main drivers for the expansion of the carpet underlay market within the rising aged inhabitants. Moreover, in accordance with the WHO, the worldwide geriatric inhabitants aged 60 and over is anticipated to succeed in 2 billion by 2050. The rise within the aged inhabitants the world over is dramatically growing ailments of outdated age corresponding to cataracts, listening to loss and refractive errors, again and neck ache and persistent obstructive pulmonary illness, diabetes, osteoarthritis, melancholy and dementia. Just a few situations, corresponding to paralysis, widespread within the aged, result in extra bedridden sufferers. Therefore, an growing variety of getting older individuals considerably will increase the demand for incontinence merchandise, supporting the market demand.
Enhance within the prevalence of persistent bladder-related ailments
The rise in persistent ailments corresponding to bladder most cancers, kidney illness, diabetes and urological ailments is driving the demand for carpet padding. Additionally, stress urinary incontinence, the involuntary leakage of urine that happens with will increase in intra-abdominal stress attributable to weak spot of the urethral sphincter or pelvic flooring, additionally will increase in people. About 24% to 45% of girls over 30 face this downside. Therefore, the increasing getting older inhabitants and growing well being points are growing the demand for carpet padding.
Girls’s Well being Consciousness
The female hygiene business has expanded into wellness classes past menstrual care, and new firms have emerged as ladies’s healthcare suppliers providing bodily and psychological well being. Elevated consciousness of girls’s well being and hygiene has made individuals extra acutely aware when buying merchandise. Rising authorities initiatives to advertise consciousness of feminine stress urinary incontinence is anticipated to drive the expansion of the underpad market over the forecast interval.
SEGMENTATION OVERVIEW
INSIGHTS BY PRODUCT TYPE
Product sort of disposable pads dominated the worldwide pads market in 2022, owing to their rising consumption amongst a number of finish customers. This progress is as a result of enhance within the aged affected person inhabitants. As well as, these underpads are single-use, which is extra hygienic than reusable underpads. These disposable pads are additionally utilized in surgical procedures as a barrier towards microorganisms and to forestall infections. The rising consciousness of hygiene submit COVID is the main cause driving the demand for disposable underpads market. Nevertheless, these pads take greater than 5 years to eliminate, which tremendously will increase the utilization of reusable padding amongst finish customers.
Segmentation by product sort
OVERVIEW OF CARE PROVIDERS
Hospitals are the main contributor to the worldwide underlay market share within the care supplier section. The section is anticipated to develop considerably over the forecast interval attributable to urinary incontinence mostly affecting ladies, and the prevalence is excessive amongst hospitalized aged. Thus, the hospital section has the utmost adoption of underpads as a result of a lot of sufferers undergo from persistent ailments or whose being pregnant is related to urinary incontinence. The rising affected person inhabitants prefers hospitals for the first therapy of urinary inconsistency.
Segmentation by healthcare suppliers
- Hospitals
- Residence and personal care services
- Different care facilities
OVERVIEW BY AGE GROUP
The geriatric age group section dominated the worldwide underpad market, accounting for an almost 42% share in 2022. Urinary and fecal incontinence are widespread within the geriatric inhabitants, however many sufferers and healthcare professionals think about mistakenly incontinence as a standard a part of getting older. Most international locations are experiencing a demographic shift in the direction of older populations. Furthermore, the growing demand for incontinence merchandise within the geriatric affected person group is prone to have a optimistic affect on the expansion of the business. Many authorities surveys in the USA point out that aged sufferers desire to obtain therapy at dwelling moderately than in a well being facility. For that reason, many suppliers are actively growing and advertising incontinence merchandise to extend older sufferers’ consciousness of entry to high quality care.
Segmentation by age group
INSIGHTS BY DISTRIBUTION CHANNEL
Carpet pads are offered by way of offline and on-line distribution channels consisting of producers, resellers, distributors, specialty shops and websites corresponding to Amazon and eBay, and so forth. In 2022, the offline distribution channel dominated the worldwide carpet pad market. Components corresponding to higher attain in areas that lack connectivity and shopper belief coupled with private expertise of product high quality are driving the expansion of the offline section.
Segmentation by distribution channel
GEOGRAPHICAL ANALYSIS
Europe dominated a lot of the world underlay market share in 2022, and the area is anticipated to take care of its dominance over the forecast interval with out important fluctuations. It’s witnessing main new product approvals from key business gamers. The UK, Germany, France, Italy, and Spain are the main international locations contributing to the expansion of the market. By 2022, North America would be the world’s second largest carpet padding market, accounting for 30.12% of the share. An getting older inhabitants and the growing prevalence of incontinence issues are driving a rising demand for underpads. The area can also be experiencing regular progress as a result of growing geriatric inhabitants and growing prevalence of assorted ailments. The USA is among the many largest income mills within the area. Medical applied sciences, improvements and rising getting older inhabitants are important progress drivers out there.
Segmentation by geography
- Europe
- Germany
- France
- UNITED KINGDOM
- Italy
- Spain
- North America
- WE
- Canada
- APAC
- China
- Japan
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Center East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
Key Firm Profiles
- Medline Industries Inc
- Attends Healthcare Merchandise, Inc.
- Cardinal Well being
Different Essential Suppliers
- Mega care line
- Dynarex Firm
- EHOB
- Kimberly Clark Company
- Embody
- High quality merchandise
- Coloplast
- Medical Remedy
- Romsons
- Ontex
- Jinjiang Rongxin Girl&Child’s Merchandise
- MedPride
- HMH Firm
Key Attributes:
| Report attribute | Particulars |
| Variety of pages | 223 |
| Forecast interval | 2022 – 2028 |
| Estimated market worth (USD) in 2022 | $110 million |
| Anticipated market worth (USD) by 2028 | $148.79 million |
| Compound annual progress fee | 5.1% |
| Areas coated | International |
ANSWERS TO KEY QUESTIONS:
1. What’s the dimension of the carpet pad market?
2. What’s the progress fee of the worldwide underlay market?
3. Who’re the important thing gamers within the world carpet pad market?
4. What are the necessary traits within the carpet pad business?
5. Which area dominates the worldwide underlay market share?
Fundamental subjects coated:
1 Analysis methodology
2 analysis targets
3 Analysis course of
4 Scope and protection
5 Report assumptions and caveats
6 premium previews
7 The market at a look
8 Presentation
9 Alternatives and Market Tendencies
9.1 Rising prevalence of persistent bladder situations
9.2 Improvement of PVC incontinence pads
9.3 Enhance in Product Improvement Initiatives
10 Market Progress Catalysts
10.1 Speedy growth of the aged inhabitants
10.2 Deal with ladies’s well being consciousness
10.3 Switching to reusable incontinence merchandise
11 Market Constraints
11.1 Availability of different incontinence administration merchandise
11.2 Hostile results of incontinence merchandise
12 Market panorama
13 sorts of merchandise
14 Caregiver
15 Age Group
16 Channel of distribution
17 Geography
18 Europe
19 North America
20 Apac
21 Latin America
22 Center East and Africa
23 Aggressive panorama
24 key firm profiles
25 different necessary suppliers
26 Report Abstract
27 Quantitative abstract
28 Appendix
For extra details about this report go to https://www.researchandmarkets.com/r/uujx16
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