About Adhesive Bandages
Adhesive bandages are textile strips used to protect wound or scab from dust and bacteria to allow proper and quick healing. Additionally, these bandages are also equipped with antiseptic properties which further helps in speedy wound recovery. They are made up of plastic, woven fabric, coated paper or other materials, and coated at one side with adhesive. Though, plastic made adhesive bandages are cost-effective and readily available, however, the demand of recyclable bandages provides lucrative opportunity for manufactures.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 3.2% |
The global Adhesive Bandages market is fragmented with key players such as Schneider Electric SE, General Electric Corporation, etc., and is mainly focused on innovation in products and merger and acquisition with other players. Analyst at AMA Research estimates that American Players will contribute the maximum growth to Global Adhesive Bandages market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Johnson & Johnson (United States), Beiersdorf (Germany), 3M (United States), Medline Industries (United States), Smith & Nephew (United Kingdom), Medtronic (Ireland), ConvaTec (United Kingdom), Lohmann & Rauscher (Germany), Acelity (United States), B. Braun Melsungen AG (Germany) and Fisher Scientific (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are BSN Jobst (Germany), Dukal Corporation (United States), Exel Internationa (Canada), Honeywell Safety Products USA Inc (United States) and Medique Medical Supplies (MGBR) Inc. (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Adhesive Bandages market by Type (Flexible Fabric Bandage and Cohesive Fixation Bandage) and Region.
On the basis of geography, the market of Adhesive Bandages 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). If we see Market by Indication, the sub-segment i.e. Wound Management will boost the Adhesive Bandages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospitals and Clinics will boost the Adhesive Bandages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Woven Fabric will boost the Adhesive Bandages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age, the sub-segment i.e. Aged 0-18 Years will boost the Adhesive Bandages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Butterfly Stitches Owing to Their Usability in Treatment of Small Wound and Growing Use of Plastic Based Adhesive Bandage Owing to Lower Raw Material Cost
Market Growth Drivers:
Growing Medicinal Use of Adhesive Bandage Owing to Rising Number of Injuries and Introduction of Different Adhesive Bandages Variants
Challenges:
High Raw Materials Cost for Manufacturing of Woven Fabric Based Adhesive Bandage and Precaution During Placement or Removal of Adhesive Bandage
Restraints:
Shorter Shelf-life of Adhesive Bandage and Availability of Alternative Such as Skin Barrier Film or Hypoallergenic Tape
Opportunities:
Growing E-commerce Sales of Adhesive Bandage Products and Introduction of Durable and Eco-friendly Adhesive Bandages
Market Leaders and their expansionary development strategies
In September 2020, BAND-AID Brand of Johnson & Johnson Consumer Health today announced a strategic partnership with global humanitarian leader CARE, the creator of the original CARE Package, delivering aid to caregivers on the front lines of the COVID-19 pandemic, including meals, PPE and critical healthcare and delivery services1.
In May 2023, CURAD Introduced the "Naturals" Adhesive Bandage Line the inherent soothing powers of well-known ingredients such as Aloe Vera, Vitamin E, and ARM & HAMMER™ Baking Soda are infused directly into the wound pad and bandage surface to cover and protect wounds during the healing process.
Key Target Audience
Adhesive Bandages Manufacturers, Raw Material Suppliers/Distributors, End-user Industries, Potential Investors, Market Research and Consulting Firms, Government Agencies and Others
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.