Disposable Hygiene Adhesives Market Segmentation By Origin (Synthetic and Natural); By Type (Pressure Sensitive Adhesive (PSA), Amorphous Poly-alpha-olefin (APAO), Polyurethane, Ethylene-vinyl Acetate (EVA), Styrene-ethylene-butadiene-styrene (SEBS), Styrene-isoprene-styrene (SIS) and Styrene-butadiene-styrene (SBS)); By Applications; By End-User Industry - Global Demand Analysis & Opportunity Outlook 2027
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In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022. Purchasing power in the country is expected to fell nearly by 2.5%.
On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.
The disposable hygiene adhesives are primarily used in the production of disposable hygienic products including baby diapers, adult napkins and healthcare products. Additionally, these additives are used in other hygienic applications such as hospital products and medical dressing. The different types of disposable hygiene adhesives include woven and non-woven. There is rising use of disposable hygiene products for the absorption of solids and liquids with no leakage and enough comfort. The different type of disposable hygiene adhesives are used in various end use industries such as pharmaceutical, packaging and personal care. Rising demand for the various disposable hygiene products such as feminine products, baby diapers is anticipated to drive the market growth of the disposable hygiene adhesives globally.
The global disposable hygiene adhesives market is anticipated to expand at a CAGR around 10.0% during 2017-2027. It is anticipated to attain significant market size by 2027. The market growth of disposable hygiene adhesives can be attributed to the rising demand for disposable hygiene adhesives such as feminine products, baby diapers.
The global disposable hygiene adhesives market can be segmented on the basis of origin, type, application and end-use industry. On the basis of origin, global disposable hygiene adhesives market can be segmented into synthetic adhesives and natural adhesives. On the basis of end-user industry, it is sub-segmented into pharmaceutical, personal care, packaging and medical & healthcare. Medical and healthcare sub-segment is anticipated to grow at the fastest rate on the account of rising demand for the disposable hygiene adhesives for various healthcare products. The increasing health awareness among the growing population is anticipated to increase the market size of the disposable hygiene adhesives during the forecast period.
By region, global disposable hygiene adhesives market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to be the leading region on the account of presence of large healthcare companies coupled with high spending of population towards healthcare products. Asia-Pacific is anticipated to be the fastest growing region on the account of rising demand for female hygiene products in the countries such as China and India. Additionally, the rising disposable income supports the female population to have increased spending towards healthcare products. Moreover, the rising birth rate across the region is increasing the usage of disposable hygiene adhesives.
Our in-depth analysis segmented the global disposable hygiene adhesives market in the following segments:
Global disposable hygiene adhesives market is further classified on the basis of region as follows:
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The rising demand from the various end-user industries such as healthcare, pharmaceuticals and personal care is anticipated to increase the market size of disposable hygiene adhesives market. The increasing awareness regarding various hygiene products through media and advertisement is augmenting the demand for the disposable hygiene adhesives. Moreover, companies operating in the global disposable hygiene adhesive market are developing new variety of disposable hygiene adhesives in order to cater the various end use industries. The other factors such as better absorption and improved softness are some of the prominent growth factors of the disposable hygiene adhesives market.
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