Global Adhesive Bandages Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2028

                                          
Global Adhesive Bandages Market 2021: By Product Type (Cohesive Fabric Bandages, Flexible Fixation Bandages), By Indication (Edema Control and Pain Management, Wound Management, Orthopedic Support, Others (Post-surgical Compression, Sports and Athletic Wraps, etc.), By Material (Plastic, Woven Fabric, Latex Strips), By Sales Channel (Hospitals and Clinics, Retail Stores, E – commerce, Pharmaceutical Stores)

Global Adhesive Bandages Market is a recent report produced by the research team at Trusted Business Insights. The global adhesive bandages market report has been segmented on the basis of product type, indication, material, sales channel, and region.Request Covid - 19 Impact

The Global Adhesive Bandages market size was valued at USD $2.62 Billion in 2020, USD $2.73 Billion in 2021, forecasted to reach  USD $2.84 Billion in 2022, and is projected to reach USD $3.88 Billion by 2030, and is anticipated to expand at a CAGR of 4.1% over the forecast period from 2020 to 2030.

Global Adhesive Bandages Market: Overview

Adhesive bandages are adhesive strips with sterile material designed to be applied on minor injuries or cuts in order to protect the wound from external elements such as dust, bacteria, and water etc., and to aid in recovery or healing. These bandages are available in two types, cohesive fabric bandages, and flexible fixation bandages. Some of these bandages are available in medicated adhesives which comprise of some medication contents that helps to cure the wound quickly.

Global Adhesive Bandages Market: Dynamics

Easy availability of such bandages for application-specific requirements is a key factor expected to drive growth of the global market. Moreover, the bandages find other applications, including for orthopedic injuries, wound care management, etc., which is a factor expected to fuel growth of the target market. Increasing prevalence of injuries at workplace and due to sports activities across the world another factor expected to fuel demand for these bandages. In addition, geriatric population and diabetic patients are more prone to injuries, and growing aging population and increasing prevalence rate of injuries is projected to augment growth of the global market. Manufacturers are launching new products as per changing requirements of wound care, such as butterfly stitches which are designed for application on small wounds.

However, availability liquid bandage sprays or spray plaster and waterproof shields, which are convenient to use for small wounds, and can provide immediate protection can impact growth of the global adhesive bandages market to a certain extent.

Global Adhesive Bandages Market: Segment Analysis

By product type:

Among the product type segments, the cohesive fabric bandage segment is projected to contribute significant revenue share in the global market, owing to various benefits offered by it including high absorbance, flexibility, and breathability.

By indication:

Among the indication segments, the wound management segment is expected to register revenue substantial growth owing to increasing incidence of sports and workplace injuries.

By material:

Among the material segments, the plastic segment is expected to register considerable growth owing to various product characteristics including lower cost, convenient to use, resistance to water, and ease of availability.

By sales channel:

Among the sales channel segments, the hospitals and clinics segment is expected to register significant revenue growth as a result of increasing footfalls to emergency care facilities and hospitals.

Global Adhesive Bandages Market: Regional Analysis:

Asia Pacific adhesive bandages market is projected to account for a significant revenue share of the target market, owing to rising geriatric population and increasing occurrences of sports injuries among the young population. Increasing number of injuries and wounds resulting from workers and manual labor not being provided the appropriate tools and safety items such as gloves, protective footwear, hard hats etc., especially in countries such as India, Pakistan, Bangladesh, Sri Lanka, Malaysia, etc. is projected to contribute significantly to growth of the market. The adhesive bandages market in North America is expected to register substantial growth owing to the robust healthcare sector in countries such as the US, which is projected to support demand for bandages for wound care management.

Below are the leading companies profiled in this Adhesive Bandages Market Report:

  
3M
  
Acelity
  
B. Braun Melsungen AG
  
Beiersdorf Aktiengesellschaft
  
BSN Medical (Essity Aktiebolag (publ).)
  
Cardinal Health, Inc
  
ConvaTec, Inc.
  
Detectaplast,
  
DYNAREX Corporation
  
Essity Aktiebolag(publ) / (BSN Medical)
  
Johnson & Johnson Consumer Inc.
  
Lohmann & Rauscher
  
Medline Industries, Inc.
  
Medtronic (Covidien)
  
Nitto Medical
  
Silverlon
  
Smith & Nephew Pty Ltd

Global Adhesive Bandages Market Segmentation:

Segmentation by Product Type

  
Cohesive Fabric Bandages
  
Flexible Fixation Bandages

Segmentation by Indication

  
Edema Control and Pain Management
  
Wound Management
  
Orthopedic Support
  
Others (Post-surgical Compression, Sports and Athletic Wraps, etc.)

Segmentation by Material

  
Plastic
  
Woven Fabric
  
Latex Strips

Segmentation by Sales Channel

  
Hospitals and Clinics
  
Retail Stores
  
E – commerce
  
Pharmaceutical Stores
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the Adhesive Bandages market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Adhesive Bandages market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Adhesive Bandages market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this Adhesive Bandages market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the Adhesive Bandages market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in Adhesive Bandages market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Adhesive Bandages industry?