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Incontinence Care Products Market Size
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Global Incontinence Care Products Market Analysis The global incontinence care products market is projected to grow from USD 14.30 billion in 2018 to USD 36.60 billion by 2032, at a CAGR of 7.0%. Europe leads the market with a 34.55% share as of 2018. Market Drivers Rising geriatric populations and increasing prevalence of incontinence are driving market growth. According to the United Nations, the global aging population is expected to reach 1.4 billion by 20301. Women experience higher rates of incontinence compared to men, creating strong demand for gender-specific products. Key Market Segments By Product Type Absorbents: Largest segment including underwear, briefs, pads and guards Non-absorbents: Catheters, slings, drainage bags, stimulation devices By Distribution Channel Institutional Sales Retail Stores Online Channels Regional Analysis Europe: Dominates with USD 4.94 billion revenue in 2018, driven by: High demand for urinary catheters Strong healthcare reimbursement Advanced medical infrastructure in UK, Germany, France North America: Strong growth projected due to: Rising online sales Quick adoption of disposable devices Government support programs Asia Pacific: Fastest growing region, supported by: Large aging population in China Rising disposable incomes Increasing healthcare awareness Competitive Landscape Market leaders include: Essity (TENA brand) Kimberly-Clark Corporation Procter & Gamble Coloplast Corp Ontex Recent Developments
May 2019: Kimberly-Clark launched Poise Ultrathin Active Collection with enhanced stability features for women November 2017: Essity introduced ConfioAir Breathable Technology across their product lines March 2017: Hartmann Group acquired Procter & Gamble's Lindor brand in Spain and Portugal Report- Fortune Business Insights - Incontinence Care Products Market Size & Share Forecast, 2032 https://www.fortunebusinessinsights.com/industry-reports/incontinence-products-market-101178