The adult diapers market was worth $14.3 billion in 2019 and is predicted to grow at a CAGR of 7.10% from 2021 to 2027, reaching $25.1 billion by 2027. In terms of value sales, the worldwide diaper market was valued at $65.7 billion in 2019, representing an annual growth rate of 8.5 percent.
The rise in the number of caretakers in the workforce, the increase in the elderly population, awareness about biodegradable diapers, availability of price-conscious brands and products like the Friends economy diaper, and the rise in personal hygiene concerns are critical drivers driving the overall market’s growth.
Adult diapers and infant diapers are the two primary sectors of the worldwide diaper industry, with the adult diaper industry booming significantly!
What Purpose do Adult Diapers Serve?
Adult diapers are primarily developed to help adults with incontinence. Consumers with abnormal health problems such as diarrhea, incontinence, mobility disability, or dementia are the most common users of these diapers.
The rise in the number of older people suffering from urine incontinence and the fast expansion of the healthcare sector is essential drivers driving the worldwide adult diapers industry’s sales volume.
Adult diapers come in various styles, including briefs, disposable underpants, liners, and bariatric, according to the needs of the intended client. The worldwide diaper market has seen continual innovation in its product offerings over the years.
Some leading manufacturers include certain types of fabric materials that provide a better absorbency rate and ensure that the customer is happy while wearing them.
How Big is the Diaper Market?
Apart from existing diaper variants, smart diapers have been on the rise. The product addresses both urine and fecal incontinence. As a result, throughout the adult diapers market projection, innovation is a crucial driver of growth.
Because of the increase in demand for adult diapers throughout the world, significant companies have been strategizing on joining the global adult diapers market!
The rate of internet penetration has increased in both emerging and developed countries in recent years. Adult diaper producers have been taking the initiative to go online to sell their stuff in a much more successful manner, taking into account the macro-economic issue.
As a result, increased internet availability significantly impacts the worldwide adult diapers market’s value sales growth. It has, in turn, helped brands like friends economy diapers to introduce their affordable range.
Why are Adult Diapers Affordable?
The adult diapers market is divided into pants, pads, tape, and other product types. Among the primary types of adult diapers in the worldwide market, the pant type adult diapers sector has the highest market share in terms of value.
This establishes the fact that adult diapers are relatively cheaper than their several other contemporaries. One of the main factors for the segment’s overall rise in value sales is the easy availability of the product at reasonable rates.
Adult diapers in the pant style are available in both disposable and reusable options. Manufacturers have been thinking of increasing their product options with continual product features and specifications in response to the spike in demand for such pant-type adult diapers.
Manufacturers place a premium on the grade of fabrics utilized and the implementation of advanced technologies. Considering the points mentioned above, it can be safely said that adult diapers are affordable, versatile, and a need of the hour for both caretakers and customers.