About Food Absorbent Pads
Absorbent pads refer to the pads that are made of various materials such as cotton fibers, cellulose fibers, and polymers for absorbing liquid substances. The liquid substances includes oil spills, leakage of chemicals, coolants, personal hygiene and other solvent based spills.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 11.89% |
The food absorbent pads market is dynamic and competitive. By focusing on product quality, innovation, sustainability, and customer service, players can thrive in this growing market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Absorbent Pads market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Novipax LLC (United States), 3M Company (United States), Brady Corporation (United States), Oil-Dri Corporation of America (United States), Prima SRL (Italy), Trico Corporation (United States), Sirane Limited (United Kingdom), Azapak (South Africa), Fentex Ltd (United Kingdom) and ESP US (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are MAGIC srl (Italy), Pactiv LLC (United States) and Gelok International Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Food Absorbent Pads market by Type (Polyethylene, Polypropylene, Polyethylene Terephthalate and Others), Application (Fresh Fruits and Vegetables, Bakery and Confectinary, Ready-to-eat Food and Others) and Region.
On the basis of geography, the market of Food Absorbent Pads has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Launch of New Generation Advanced Absorbent Pads
Market Growth Drivers:
Increasing Environmental Concerns and Rising Demand from Food Packaging Industry
Challenges:
Lack of Awareness
Restraints:
Fluctuation in Raw Material Price
Opportunities:
Increasing Demand from End-User Industries and Growth Demand from Developing Countries
Market Leaders and their expansionary development strategies
In October 2022, Yoona Digital Indonesia, a female technology (femtech) company based in Indonesia, has launched a new line of 100% organic cotton sanitary pads. The founding of Yoona began from the personal experience of Susanna Angraini, CEO and Founder of Yoona Digital Indonesia, and her daughters who had a hard time finding pads that were suitable for their sensitive skin.
In Janaury 2024, Novipax, announced partnership with Front1 Health Partners, a pioneer in healthcare solutions. This collaboration marks a significant milestone in the advancement of operating room essentials, specifically targeting the Orthopedic, Cardiothoracic, Trauma, Obstetric/Gynecological, Liver and Kidney, and Urological procedures with economical and highly effective absorbent floor mats.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Food Absorbent Pads Provider, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.