Adhesive Bandages Market Report 2024 (Global Edition)

Global Adhesive Bandages Market Report 2024 Market Size Split by Type (Flexible Fabric Bandage, Cohesive Fixation Bandage), by Application (Aged 0-18 Years, Aged 18-40 Years, Aged 40-60 Years, Over Ag...

Adhesive Bandages Market Report Description

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Adhesive Bandages Market Insights Video

Competitive Landscape of the Adhesive Bandages Market

The major players rapidly evolve with new strategies to attain a competitive edge and capture significant market share. The major adhesive bandage market participants emphasize expanding creative offerings to serve a large consumer base and gain a competitive benefit.

Adhesive Bandages Industry News

• November 2021: Curad, a registered trademark of Medline Industries, established a strategic partnership with Kendra Dandy, a renowned artist and illustrator. Her original designs will be featured on CURAD's classic adhesive bandages as part of the collaboration. The new bandage line includes designs such as pineapple, papaya, banana, and dragon fruit, adding color, flair, and fun to heal in style.

(Source: newsroom.medline.com/releases/medline-and-curad-announce-new-partnership-with-illustrator-and-artist-advocate-kendra-dandy/)

Top Companies Market Share in Adhesive Bandages Industry: (In no particular order of Rank)

• Johnson & Johnson
• Beiersdorf
• 3M
• Medline Industries
• Smith & Nephew
• Yunnan Baiyao
• Medtronic
• ConvaTec
• Lohmann & Rauscher
• Acelity
• B. Braun Melsungen AG
• HaiNuo
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, the North American Adhesive Bandages Market share was 40% of the total market

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for around 40% of the global revenue, owing to the region's increasing healthcare awareness, rising prevalence of chronic diseases, and a growing emphasis on wound care management. The demand for adhesive bandages is propelled by the expanding senior population and a surge in sports-related injuries. Additionally, advancements in medical technology and the availability of innovative bandage materials contribute to market growth. The heightened focus on personal hygiene and the convenience of over-the-counter bandage options further stimulate the market in North America.

Europe is the fastest-growing region due to the increasing awareness about wound care, rising incidences of injuries, and a growing aging population. Additionally, advancements in healthcare infrastructure and the adoption of innovative wound closure products contribute to market growth. The demand for convenient and cost-effective wound management solutions further propels the adhesive bandages market in the region.

The current report Scope analyzes Adhesive Bandages Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Adhesive Bandages

According to Cognitive Market Research, the global adhesive bandages market size was estimated at USD 2915.5 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1166.20 million in 2023 and will extend at a CAGR of around 2.4% from 2023 to 2030 due to rising awareness of wound care, increasing prevalence of chronic diseases, and a growing aging population. Technological advancements in bandage materials and the surge in demand for active lifestyles contribute to market growth, fostering innovation and market expansion. According to Cognitive Market Research, the H-shape design of adhesive bandages provides optimal wound coverage, contributing to market growth by offering effective and secure wound healing solutions in the region. In conclusion, in North America, the adhesive bandages market is driven by increasing healthcare awareness. In conclusion, a promising future is anticipated for the region's market.

• According to Cognitive Market Research, the US had a major share in the adhesive bandages market, with a market size of USD 920.13 million in 2023, and is projected to improve at a CAGR of 2.2% during the forecast period. This is due to technological advancement. 
• The Canadian adhesive bandages market had a market share of USD 139.94 million in 2023 and is projected to improve at a CAGR of 3.2% during the forecast period. This is due to the growing demand across industries for efficient bonding solutions.
• The adhesive bandages market in Mexico is projected to improve at a CAGR of 2.9% over the anticipated period, with a market size of USD 106.12 million in 2023.

Europe Adhesive Bandages

According to Cognitive Market Research, the global adhesive bandages market size was estimated at USD 2915.5 Million, out of which Europe held the major market of more than 30% of the global revenue with a market size of USD 874.65 million in 2023 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2023 to 2030 due to increasing awareness of wound care, rising geriatric population, and the growing prevalence of chronic diseases. Additionally, advancements in medical technology and the emphasis on quick and efficient wound healing contribute to regional market expansion. According to Cognitive Market Research, there is an increasing prevalence of minor injuries, rising awareness about wound care, and a growing aging population. With their convenient application and versatile use, Strip bandages contribute significantly to the market's growth in the region. In conclusion, the European adhesive bandages market is driven by increasing healthcare awareness.

• According to Cognitive Market Research, the German adhesive bandages market size was valued at USD 173.18 million in 2023 and is projected to grow at a CAGR of 2.9% during the anticipated time due to increasing demand in packaging, construction, and automotive sectors.
• The United Kingdom adhesive bandages market had a market share of USD 146.94 million in 2023 and is anticipated to expand at a CAGR of 3.5% during the forecast period. This is due to the rising focus on product efficiency and reliability. 
• The adhesive bandages market in France is anticipated to expand at a CAGR of 1.9% over the projection period, with a market size of USD 80.47 million in 2023.
• The Italian adhesive bandages market is anticipated to boost at a CAGR of 2.1% over the anticipated period, with a market size of USD 75.22 million in 2023.
• A market size of around USD 135.57 million was anticipated for the Russian adhesive bandages market in 2023; it is anticipated to grow at a CAGR of 1.7% over the forecast period.
• The Spanish adhesive bandages market is anticipated to expand at a CAGR of 1.8% over the anticipated period, with a market size of USD 71.72 million in 2023.
• The Luxembourg adhesive bandages market will grow at a CAGR of 2.8% during the forecast period, with a market size of USD 27.11 million in 2023.
• The Portugal adhesive bandages market is projected to grow at a CAGR of 2.5% during the projected period, with a market size of USD 18.37 million in 2023.
• The Greece adhesive bandages market is projected to grow at a CAGR of 3.0% during the forecast period, with a market size of around USD 10.50 million in 2023.
• The Rest of Europe's adhesive bandages market is anticipated to grow at a CAGR of 1.4% during the projection time, with a market size of approximately USD 135.57 million in 2023.

Asia Pacific Adhesive Bandages

According to Cognitive Market Research, the global adhesive bandages market size was estimated at USD 2915.5 Million, out of which Asia Pacific held the market of more than 23% of the global revenue with a market size of USD 670.57 million in 2023 and will extend at a CAGR) of 6.2% from 2023 to 2030 due to increasing healthcare awareness, rising disposable income, and growing geriatric population. The demand for innovative wound care solutions and expanding healthcare infrastructure contribute to market growth, with key players focusing on product development and strategic collaborations to gain a competitive edge. According to Cognitive Market Research, butterfly closure design provides effective wound closure, fostering market growth. Rising healthcare infrastructure and demand for advanced wound care solutions further contribute to the market's expansion in the region. In conclusion, the Asia Pacific adhesive bandages market is driven by increasing demand for regional wound care solutions.

• According to Cognitive Market Research, the size of the China adhesive bandages market was valued at USD 301.75 million in 2023 and is projected to extend at a CAGR of 5.7% over the forecast period. This is due to the presence of several prominent manufacturers.
• The India adhesive bandages market had a market share of USD 80.47 million in 2023 and is projected to improve at a CAGR of 8.0% during the forecast period. This is due to the rising investments in the construction activities.
• The Japan adhesive bandages market is projected to improve at a CAGR of 4.7% during the forecast period, with a market size of USD 92.54 million in 2023.
• The South Korean adhesive bandages market is projected to improve at a CAGR of 5.3% during the forecast period, with a market size of USD 67.06 million in 2023.
• The Australian adhesive bandages market is projected to improve at a CAGR of 5.9% during the forecast period, with a market size of USD 34.87 million in 2023.
• The South East Asia adhesive bandages market is projected to improve at a CAGR of 7.2% during the forecast period, with a market size of USD 46.27 million in 2023.
• The Rest of Asia Pacific adhesive bandages market is projected to grow at a CAGR of 6.0% during the forecast period, with a market size of USD 47.61 million in 2023.

South America Adhesive Bandages

According to Cognitive Market Research, the global adhesive bandages market size was estimated at USD 2915.5 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 145.78 million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2023 to 2030 due to increased industrialization, construction activities, and demand in automotive and packaging sectors. Growing awareness of product efficiency and technological advancements contribute to the expanding applications of Adhesive Bandages across diverse industries in the region. According to Cognitive Market Research, cloth tapes have applications in numerous industries due to their versatility, strong adhesion, durability, and flexibility, making them essential for the region's construction, automotive, and packaging sectors. In conclusion, in Latin America, the adhesive bandages market is driven by increasing healthcare awareness. Investment opportunities abound, making it a promising sector for stakeholders.

• According to Cognitive Market Research, the size of the Brazil adhesive bandages market was valued at USD 62.39 million in 2023 and is projected to grow at a CAGR of 4.2% during the forecast period. This is mainly due to increased demand for versatile and reliable adhesive tape solutions.
• The Argentina adhesive bandages market had a market share of USD 24.49 million in 2023 and is projected to improve at a CAGR of 4.5% during the forecast period. This is due to increasing industrialization and rising demand for packaging solutions.
• The Colombia adhesive bandages market is projected to improve at a CAGR of 3.4% during the forecast period, with a market size of USD 12.97 million in 2023.
• The Peru adhesive bandages market is anticipated to improve at a CAGR of 3.8% during the forecast period, with a market size of USD 11.95 million in 2023.
• The Chile adhesive bandages market is anticipated to improve at a CAGR of 3.9% during the forecast period, with a market size of USD 10.5 million in 2023.
• The Rest of Latin America adhesive bandages market is projected to grow at a CAGR of 2.7% during the forecast period with a market size of USD 23.47 million in 2023.

Middle East and Africa Adhesive Bandages

According to Cognitive Market Research, the global adhesive bandages market size was estimated at USD 2915.5 Million, out of which Middle East and Africa held the major market of more than 2% of the global revenue with a market size of USD 58.31 million in 2023 and will extend at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030 due to region's increasing awareness of wound care, rising healthcare infrastructure, and growing geriatric population. These factors contribute to the market's growth as demand for efficient and convenient wound healing solutions continues to rise in the region. According to Cognitive Market Research, rising awareness of first aid and safety measures in educational institutions fuels market growth, as adhesive bandages become essential for addressing minor injuries among students. In conclusion, the MEA adhesive bandages are driven by increasing healthcare awareness. Innovative products and rising demand indicate a promising future for the region's healthcare industry.

• According to Cognitive Market Research, the GCC Countries' adhesive bandages market size was valued at USD 24.96 million in 2023 and is anticipated to improve at a CAGR of 4.7% during the forecast period. This is due to the increased demand for versatile and reliable adhesive solutions. 
• The South Africa adhesive bandages market had a market share of USD 9.21 million in 2023 and is anticipated to improve at a CAGR of 4.9% during the projected period. This is due to rapid industrialization and construction activities.
• The Egypt market is anticipated to improve at a CAGR of 4.2% during the forecast period, with an adhesive bandages market size of USD 6.12 million in 2023.
• The Turkish adhesive bandages market is projected to improve at a CAGR of 3.4% during the projected period, with a market size of USD 5.01 million in 2023.
• The Nigeria adhesive bandages market is anticipated to improve at a CAGR of 3.0% during the forecast period, with a market size of USD 6.12 million in 2023.
• The Rest of MEA adhesive bandages market is projected to improve at a CAGR of 2.9% during the projected period, with a market size of USD 6.88 million in 2023.

Adhesive Bandages Market Analysis

Adhesive Bandages Type Segment Analysis

According to Cognitive Market Research, flexible fabric bandages held a significant market stake over the prediction period due to increasing demand for flexible fabric bandages, offering enhanced comfort and flexibility. These bandages are preferred for their breathable and durable nature, catering to consumers' needs for effective wound care solutions, thus contributing to the market's growth.

Cohesive fixation bandage is the fastest-growing category over the projected period due to increasing healthcare awareness and rising demand for wound care solutions. Cohesive Fixation Bandages contribute to this growth, offering secure and flexible wound support. The market's expansion is fueled by advancements in medical technologies and a growing aging population with higher healthcare needs.

• Flexible Fabric Bandage
• Cohesive Fixation Bandage

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Adhesive Bandages Industry. Request a Free Sample PDF!

Adhesive Bandages Application Segment Analysis

According to Cognitive Market Research, the aged 0-18 Years market holds a prominent stake due to the increasing incidence of minor injuries among children, rising awareness of wound care, and innovations in bandage technology. As parents prioritize child safety, demand for pediatric-friendly and advanced adhesive bandages grows, propelling market expansion.

Over aged 60 years is the fastest-growing category over the projected period due to expanding demographic of individuals aged 60 years and above. The aging population's increasing healthcare needs and rising incidence of injuries and wounds in this demographic are key drivers fueling the demand for adhesive bandages in the market.

• Aged 0-18 Years
• Aged 18-40 Years
• Aged 40-60 Years
• Over Aged 60 years

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Adhesive Bandages Material Segment Analysis

According to Cognitive Market Research, waterproof holds a prominent market stake due to increasing demand for durable and water-resistant wound protection. Rising awareness of hygiene, sports-related injuries, and advancements in material technology contribute to market growth as consumers seek reliable and effective solutions for wound care in diverse environments.

Latex is the fastest-growing category over the forecast period due to the growing demand for wound care solutions. Latex bandages offer superior flexibility and adherence, addressing diverse medical needs. Increasing awareness of hygiene and rising healthcare expenditures further propel market growth, creating a robust industry outlook.

• Plastic
• Latex
• Fabric
• Waterproof

Adhesive Bandages Shape Segment Analysis

According to Cognitive Market Research, stripes hold a prominent market stake due to increasing healthcare awareness and rising demand for convenient wound care solutions. Adhesive strip bandages, with their ease of application and versatility, contribute significantly to market growth, catering to the growing need for efficient and quick wound management in diverse healthcare settings.

Butterflies are the fastest-growing category over the projected period, owing to the increasing prevalence of wounds and injuries. Butterfly closures, a type of adhesive bandage, are crucial in wound closure. Their effectiveness in promoting quick healing and minimizing scarring contributes to the market's growth.

• Strip
• Round
• H-shape
• Butterfly

Adhesive Bandages End-User Segment Analysis

According to Cognitive Market Research, home care holds a prominent stake due to the increased focus on self-care, and the convenience of using adhesive bandages for minor injuries contributes to market growth. Home care trends and consumer preferences are pivotal in shaping the adhesive bandages market landscape.

Clinics are the fastest-growing category over the projected period due to increasing clinic demand for wound care. Clinics prioritize these bandages for quick and effective wound healing. Rising hygiene and injury prevention awareness further propels market growth, creating a symbiotic relationship between adhesive bandages and the expanding clinic sector.

• Aged 0-18 Years
• Aged 18-40 Years
• Aged 40-60 Years
• Over Aged 60 years

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

Author's Conclusion