Market Size of Hygiene Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 9.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Hygiene Adhesives Market Analysis
The hygiene adhesives market is expected to register a CAGR of more than 9% during the forecast period.
Due to COVID-19, there was a slowdown in the market demand from various sectors in 2020 owing to specific rules and regulations imposed by countries. However, the industry witnessed a recovery in 2021, thus rebounding the demand for the market studied.
- The significant factors that are likely to drive the market studied in the forecast period include the increasing demand for disposable hygiene products and the growing adoption of female hygiene products in the Asia-Pacific region.
- However, on the flip side, increasing adhesive bleed challenges are likely to hinder the market's growth.
- Growing product innovations for providing better hygienic properties are expected to act as an opportunity for the market.
- The Asia-Pacific region is expected to be fastest growing market owing to its quickly growing adult and infant poulation.