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The global adult diapers market was valued at $13.3 billion in 2018 and is projected to reach $24.1 billion by 2026, growing at a CAGR of 7.8% from 2019 to 2026

Adult Diapers Market by Product Type (Pant Type, Pad Type, Tape Type, and Others) and Distribution Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2019–2026

New York, Feb. 06, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Adult Diapers Market by Product Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019–2026" - https://www.reportlinker.com/p05844058/?utm_source=GNW

The global adult diapers market was valued at $13.3 billion in 2018 and is projected to reach $24.1 billion by 2026, growing at a CAGR of 7.8% from 2019 to 2026.
The global adult diapers market is segmented on the basis of product type, distribution channel, and region. By product type, the market is classified into pant type, pad type, tape, and others. By distribution channel, the market is divided into online and offline.
According to the United Nations, in 2017, the global population of people aged 60 and over was over 962 million. By 2050, the population is expected to reach up to 2.1 billion. On the other hand, the global population aged 80 years or over is projected to increase more than threefold between 2017 and 2050, rising from 137 million to 425 million. The decline in fertility rates and improved survival rate are some of the key reasons behind the rise in population of such demographic group. This set of population is prone to health conditions such as diarrhea, dementia, mobility impairment, and incontinence. To counter such problem on day-to-day basis, they rely on hygienic product such adult diapers. Thus, rise in aged population eventually triggers the demand for adult diapers.
Adult diapers are one of those mandatory products among the aged population and younger population especially among people suffering from bladder leakage and other such conditions. Taking in account on consumers’ importance on such hygienic products, manufacturers have been strategizing on improvising its product offerings in terms of its features and specifications. These manufacturers have been making efforts on improvising various important features such as better absorbency rate, odor reduction, as well as use of high quality fabric material that facilitate comfort for its users. Adult diapers with such significant features help drive the demand among the target customers, which eventually drive the growth of the market in terms of value sales.
The global wearable technology market was valued at US$19.5 billion in 2015. The increase in adoption of wearable technology in various vertical consumer goods sector has been one of the key reasons behind the overall growth of the market. In recent past, the adult diaper segment has been enduring with the trend of connected devices which facilitates convenience and comfortability for its users. For instance, Simavita, one of the key brands in global adult diaper market, has come up with wearable adult diapers under the brand name of SMARTZ. The product delivers a host of wellness and wellbeing indicators including wetness, ambient temperature, pressure sore management, falls, and many other features and information. Thus, the adoption of wearable technology provide immense opportunity for adult diaper market to grow at a significant rate in terms of value sales during the forecast period.

Key players profiled in the report include Abena UK Ltd, Principle Business Enterprises, ChoiceShops Ltd. (Vivactive), Tykables, Rearz Inc., Healthcare Products, Inc. (Attends), Drylock Technologies, Linette, Carede, Chiaus (Fujian) Industrial Development Co., Ltd., and others.

KEY BENEFITS FOR STAKEHOLDERS
• The report provides an extensive analysis of the current and emerging market trends and opportunities in the global adult diapers market.
• The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
• A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
• An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.

KEY MARKET SEGMENTS

By Nature
• Natural
• Organic
• Synthetic

By End User
• Household
• Commercial

By Distribution Channel
• Online
• Offline

By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Australia
o New Zealand
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
Read the full report: https://www.reportlinker.com/p05844058/?utm_source=GNW

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