Non-Woven Adhesive Sales Booming in Ageing World

With rapid advancements in healthcare and medical sciences, the average life expectancy of people has increased massively. It has consequently caused a sharp surge in the population of geriatric people all over the globe. As geriatric people are highly vulnerable to various diseases that can make them bedridden or affect their physical movements, their rising population is positively impacting the demand for diapers, especially in developed nations, such as Japan, the U.S., and several Western European countries. 

Apart from the mushrooming geriatric population, the rising prevalence of chronic diseases, such as cancer and diabetes, is also augmenting the burden on the healthcare sector, which is, in turn, fueling the expansion of the global non-woven adhesives market. Thus, in order to provide affordable healthcare to people and mitigate their healthcare expenses, several governments are increasing their healthcare expenditure, thereby fueling the expansion of the healthcare sector. As per various estimates, the global healthcare expenditure is expected to rise from $8.5 trillion in 2018 to more than $10 trillion by 2022.

This is expected to push up the requirement for non-woven adhesives, owing to their high absorption rate and ability to provide secure and safe fixation and sterile dressing, that massively reduces the chances of contamination. Moreover, the use of these adhesives in wound dressing products helps healthcare practitioners in providing improved wound protection. The growing requirement for these adhesives in the healthcare sector is one of the major factors fueling the expansion of the non-woven adhesives market, with the market already reaching a revenue of $2.0 billion in 2020.

Thus, the sales of non-woven adhesives will soar in the coming years, primarily because of their ballooning requirement in the healthcare sector, mushrooming population of geriatric people, rising incidence of chronic illnesses, growing consciousness of people toward hygiene, and burgeoning need for baby care products all over the world.