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Incontinence Skincare Products Market to reach US$ 4 Bn in 2030 – FMI
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The incontinence skincare market is expected to reach $4 billion by 2030, driven by rising demand due to urinary incontinence and aging populations.
Future Market Insights (FMI) forecasts impressive prospects for the incontinence skincare products market. In one of its recent reports, FMI has forecast the market to expand at a CAGR of 6% between 2020 and 2030. The rising prevalence of urinary incontinence is resulting in higher demand for associated skin care products.
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Urinary incontinence can cause severe skin infection. Studies suggest women are at higher risk of urinary incontinence which may occur during pregnancy or childbirth. Menopause and pelvic surgeries are also identified as underlying causes behind urinary incontinence in women. Other surveys suggest, prevalence of incontinence is higher among women aged 40 years and older.
According to FMI, offerings in the incontinence skincare products market are expected to surge driven by the increasing demand across the world. The market is projected to reach US$ 4 Bn by the end of 2030, bolstered by expansion strategies adopted by the leading players.
In its report FMI offers insights into the key factors affecting the trajectory of the incontinence skincare products market. It also highlights the hidden opportunities within the market. It conducts qualitative analysis on the prevailing trends to offer refined growth projections. The report is intended to help the market players uncover lucrative prospects within the market.
Some of the key takeaways from the report are:
COVID-19 Outbreak to Spur Sales of Incontinence Skincare Products
Who is winning?
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The article discusses the growth prospects of the incontinence skincare products market, projected to reach $4 billion by 2030.
COVID-19 has spurred sales as consumers, particularly seniors, stockpile essential medical supplies during isolation.
Key players include Coloplast A/S, Svenska Cellulosa AB, GAMA Healthcare Ltd., and others.
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