Adult Diaper Market Scope, Analysis, and Trends by 2030
Adult Diaper Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 15.15 Billion |
Market Size by 2030 | US$ 24.13 Billion |
Global CAGR (2022 - 2030) | 6.0% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Covid-19 Impact:
The COVID-19 pandemic affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the chemicals & materials industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies reported delays in product deliveries and a slump in their product sales in 2020. Due to the pandemic-induced economic recession, consumers became cautious and selective in their purchasing decisions. Nonessential purchases were significantly reduced by consumers due to lower incomes and uncertain earning prospects, especially in developing regions. Many manufacturers of adult diapers faced declining profits due to reduced consumer demand during the initial phase of the pandemic. However, by the end of 2021, many countries were fully vaccinated, and governments announced relaxation in certain regulations, including lockdowns and travel bans. People started traveling to different places, which increased the demand for adult diapers. All these factors had a positive impact on the growth of the adult diaper market across different regions.
Competitive Landscape and Key Companies:
Nippon Paper Industries Co Ltd, Drylock Technologies NV, Ontex BV, Health Care Products Inc, First Quality Enterprises Inc, Kimberly-Clark Corp, Principle Business Enterprises Inc, Essity AB, Abena AS, and Paul Hartmann AG are among the prominent players operating in the global adult diaper market. These players offer high-quality adult diapers and cater to many consumers in the global market.