London, 27 March 2015 – Technavio, a tech-focused research firm published a new report on the Global Adult Diaper Market, which is expected to grow at a CAGR of 8.64 percent from 2015-2019.
About the Report
According to the latest report by Technavio, changing lifestyles and improvements in healthcare infrastructure and treatment options have resulted in a rise in life expectancy, leading to an increase in the elderly population.
“Urinary incontinence often develops as a person ages, and an increase in the aging population has led to high demand for adult diapers,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes emerging countries like China, India, South Korea and Thailand, which have growing elderly populations who are price sensitive and have limited awareness about adult incontinence.
“Increased awareness programs about the issue of incontinence and personal hygiene, commercial advertisements and increased disposable income of middle and upper-class consumers are propelling the growth of this market,” says Ghaus.
Though the penetration rate in emerging markets is low compared to the Americas and Europe, it is growing rapidly because of the direct relation between manufacturers and consumers.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and the growth prospects of the Global Adult Diaper Market from 2015-2019. To calculate the market size, the report considers revenue generated from the sales of a wide variety of adult diapers.
Key Information Covered in the Report:
Key Vendors:
- Attends Healthcare Corp.
- Kimberly-Clark Corp.
- PAUL HARTMANN AG
- Unicharm Corp.
Market Growth Drivers:
- Growing Elderly Population
- For a full detailed list, view our report.
Market Challenges:
- Economic Burden of UUI
- For a full detailed list, view our report.
Market Trends:
- Emerging Markets of APAC Region
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
