By 2029, the Disposable Hygiene Products market will reach $273.44 billion
Pune, India — January 20, 2023 (GLOBE NETWIRE) — Fortune Business Insights estimates that there are approximately 2.3 billion people worldwide. disposable hygiene products market Size was valued at USD 165.13 billion in 2021, and USD 173.57 trillion in 2022. With a 6.7% CAGR over the forecast period, the market is expected reach USD 273.44 million by 2029. Market growth is expected to be driven by demand for disposable care products that are sustainable. Due to increasing incontinence issues, disposable hygiene products will be more popular with the aging population. Fortune Business Insights™ shares this information in its report titled “Disposable Hygiene Product Market, 2022-2029.”
Closure of Baby Care Stores during Pandemic-Affected Market Growth
Stockpiling personal hygiene products during the COVID-19 pandemic will only increase product demand. In addition, there is increasing demand for such products in hospitals, hotels & restaurants, and other away-from-home (AFH) for the sanitizing property-based flushable tissues and toilet papers to maintain bathroom spaces hygienic and infection-free. The market’s growth was hindered by lockdown restrictions that led to the closing of baby-care shops and supermarkets.
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Disposable Hygiene Products Market Report Scope & Segmentation:
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Report Coverage |
Details |
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Forecast Period |
2022-2029 |
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Forecast CAGR |
6.7% |
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Projection of 2029 Value |
USD 273.44 Billion |
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Base Year |
2021 |
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Disposable Hygiene Products Market Size in 2021 |
USD 165.13 Billion |
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Historical Data |
2018-2020 |
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No. No. |
154 |
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Segments covered |
Sorted by Product Type, Distribution Channel, and Region |
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Disposable Hygiene Products Market Growth Drivers |
Growing Ageing Population to Increase Disposable Incontinence Products Demand |
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Market players introduce innovative disposable hygiene products to support market |
Fortune Business Insights™ lists out all the disposable hygiene products market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
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The Procter & Gamble Company (U.S.)
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Kimberly-Clark Corporation USA
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Unicharm Corporation (Japan)
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Essity AB, Sweden
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Hengan International Group Company Limited (China)
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Ontex BV (Belgium)
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DPL (Israel).
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Fujian Time and Tianhe Industrial Co., Ltd.
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The Edgewell Personal Care Company (U.S.A.)
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Dispowear Sterite Company (India).
Report Coverage
This report gives a comprehensive analysis of the market’s top segments and latest trends. It discusses all aspects of the market, including the drivers and restraining elements as well the impact COVID-19 has on it. It examines the market’s key players and regional developments.
Drivers and restraints
Increased Demand for Products from an Aging Population
Disposable hygiene products are expected to grow in the market due to the increasing use of pull-up pants and disposable pads for men with incontinence problems. Market growth will be driven by increasing awareness and the growing age of the population about incontinence products. The government healthcare agencies have launched a number of awareness campaigns to raise awareness about personal hygiene. The market is expected to move in the right direction due to increased awareness of personal care and cleanliness.
Market growth is likely to be hindered by health problems such as skin irritations, colds, and headaches caused by scented disposable products.
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https://www.fortunebusinessinsights.com/disposable-hygiene-products-market-104639
Regional Insights
Asia Pacific To Lead Market Share Due to Increasing Demand For Personal Care Products
Due to high demand from South East Asians for disposable hygiene products, Asia Pacific will lead the market in disposable products. Because of growing awareness and increased purchasing power and hygiene, the value of the region has reached USD 51.16billion in 2021.
North America is poised to experience significant growth because of the demand for personal hygiene products such as diapers, wipes, razors, blades and other items for regular hygiene needs in the U.S. and Canada.
Europe is set to have steady growth due to rising demand for flushable tissue paper products such as wipes, toilet papers, sanitary napkins, tampons, diapers, and menstrual management products among various away-from-home consumers such as hospitals, hotels & restaurants and schools.
Segments
Diapers Increased Demand for Comfortable and Soft Diapers – Dictate
The market can be divided by product type into diapers, wipes and feminine hygiene products. Because of the significant demand for diapers that are soft and comfortable for parents for their children, the diapers market is expected to hold the largest share. Market growth is expected to be driven by increasing incontinence rates among the elderly and increased awareness regarding the use of flushable diapers.
Supermarket & Hypermarket Segment Dominated the Market due to Convenience in Comparing & Buying Products
Based on distribution channel, the market is categorized into supermarkets/hypermarkets, pharmacy stores, online stores, and others. Consumers can better purchase bulk volumes of branded personal care products, including diapers, wipes, and feminine hygiene products under a single roof from supermarket & hypermarket shops. This aspect primarily results in supermarkets & hypermarkets holding a major market share.
The global market is studied across North America, Europe, Asia Pacific, South America, and Middle East & Africa based on region.
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Competitive Landscape
To improve market standings, Key Players will offer new products
Market leaders have offered premium diapers, premium wipes, and diapers with higher absorption properties. The market is set for new product offerings from key players. Biogaurd, a U.K.-based producer of disinfectant products, disposable sanitizing wissers, cleansers and gels, expanded its retail distribution network in Oman, Kuwait, Saudi Arabia and Bahrain in 2022 to support its Middle East business.
The Detailed Table Of Content:
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Introduction
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Executive Summary
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Market Dynamics
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Market Drivers
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Market Restraints
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Market Opportunities
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Emerging Trends
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Key Insights
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Overview of the Parent/Related Markets
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SWOT Analysis of Industry
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Pricing and regulatory analysis
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Recent Industry Developments – Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
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Qualitative Analysis (regarding COVID-19).
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Global Disposable Hygiene Products Market Analysis. Insights and Forecast, 2018-2029
TOC Continued…!
Key Industry Development
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September 2022 – Attindas Hygiene Partners Group is a U.S-based hygiene product maker that launched new material-based disposable incontinence products for the North American market. This product features a Maxi Comfort ultrasonic bonding-based elastic material as well as leak-free protection.
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You can also check out other Related Insights from Fortune Business Insights.
Feminine Hygiene Products Market To Reach USD 54.52 Billon by 2028 | Feminine Hygiene Products Industry Striking CAGR of 5.22%
Skincare Market Size To Reach $145.82 Billion By 2028 | At 5.52% CAGR
Disposable Hygiene Products Market Size At 5.6% Annual Growth Rate| At 5.6% CAGR
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