Global Adhesive Bandages Market Share, Size, Trends, Analysis, Growth, Forecast: By Product: Medicated Bandages, Non-medicated Bandages, By Material: Plastic, Woven Fabric, Latex Strip, Others; By Distribution Channel: Hospitals and Clinics, Retail Stores, E-commerce, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032

Global Adhesive Bandages Market Outlook

The global adhesive bandages market size reached a value of more than USD 2.66 billion in 2023. The market is assessed to grow at a CAGR of 4.00% in the forecast period of 2024-2032. 

News and Developments in the Market

In June 2023, 3M signed an agreement to sell its Neoplast™, Neobun™ brands, and their associated asset rights to Selic Corp Public Company Limited in various Southeast Asian countries, including Thailand. The product portfolio of Neobun and Neoplast brands includes sports and medical tapes, bandages, and other medicated products for the healthcare sector. Such initiatives by the market players are likely to benefit the adhesive bandages market expansion.

In April 2023, 3M introduced Medical Tape 4576, which is an adhesive tape that secures medical devices to the skin of a patient for upto 21 days. Additionally, the polyester nonwoven bandage offers excellent adhesion and flexibility to the skin. 

In April 2023, the 3M company announced that its 3M™ Nexcare™ Duo bandages were declared the 2023 winner in the first-aid category. The new product is flexible, breathable, and made of water-resistant fabric. The Nexcare Duo bandages protect customers from painful removal and possess a solvent-free and skin-friendly silicone glue delivering all-day hold. Such innovative product launches are expected to support the adhesive bandages market development.

In November 2021, Johnson and Johnson announced that it was to split into two companies. The company that deals with the medical device and prescription drug business was expected to keep its name as Johnson & Johnson. The new consumer health company was to consist of brands such as Aveeno, Neutrogena, Listerine, Tylenol, Johnson's, as well as Band-Aid. 

Rising Cases of Minor Injuries, Growing Adoption of Sustainable Bandages, and Use of Skin Barrier Films to be the Key Adhesive Bandages Market Trends

An adhesive bandage, also called plaster, is a flexible sheet that is sticky on one side and has a non-sticky and absorbent pad placed against the wound. It is a medical dressing that is used for minor injuries, and the bandage protects the wound from bacteria and dirt.

• There is an increasing demand for adhesive tapes due to the rising cases of minor injuries worldwide during various physical activities. The surging focus to ensure that the wound heals fast and effectively is also driving the demand for adhesive bandages.

• The growing investments in research activities to develop innovative, user-friendly, and technologically advanced adhesive tapes are contributing to the market growth.

• There is an increasing adoption of sustainable adhesive bandages that are environmentally friendly and entirely safe for use on the human body.

Increasing Incidence of Minor Injuries, Development of Smart Bandages, Expanding Geriatric Population, and Availability of Different Varieties of Bandages to Propel the Adhesive Bandages Market

Rising Incidence of Minor Injuries

The rising incidences of minor injuries due to domestic or workplace injuries, recreational activities, and road accidents are increasing the utilisation of adhesive bandages in clinical spaces, home settings, and work environments.

Increasing Geriatric Population

The expanding ageing population who are more prone to minor accidents due to their delicate skin and brittle bones is surging the utilisation of adhesive bandages in their first aid. 

Development of Smart Adhesive Bandages

The increasing research activities to develop bandages that are equipped with sensors to collect the health status of patients is aiding the adhesive bandages market expansion. In March 2021, IEEE Fellow Ravinder Dahiya and other researchers at the University of Glasgow developed a flexible adhesive patch that uses sensors to measure the strain on the skin. Additionally, the smartphone app developed by the researchers can be used by the patients to send the reading to a healthcare provider.

Launch of Different Types of Adhesive Bandages

There is a growing availability of various types of adhesive plasters that offer different levels of adhesion, sizes, substrate materials, and shapes to support proper healing. For instance, the butterfly stitches, also known as "Steri-Strips", are increasingly utilised in cases of wounds that are larger or uneven.

Allergic Reactions and Presence of Substitute Products to Pose as Challenges in the Adhesive Bandages Market

Diagnosis of Allergic Reaction

The presence of chemicals, such as acrylate and methacrylate, in adhesive bandages to make them stick to the skin and cover wounds can lead to dermatitis and allergic contact dermatitis in some patients. Such chemicals can also lead adhesive bandages to cause redness, rash, itchiness, cracked and scaly skin, and blisters, among others. 

Presence of Substitute Products

There is a rising availability of alternative products to traditional adhesive tapes, like hypoallergenic tapes and gauze with tubular band netting. Such alternative products are used by people who are allergic to adhesives to protect their wounds, as these substitutes possess no latex or harsh adhesives.

Adhesive Bandages Market Analysis

The market, based on product, can be bifurcated into medicated bandages and non-medicated bandages. Based on material, the market is divided into plastic, woven fabric, and latex strip, among others. 

On the basis of distribution channels, the market is segmented into hospitals and clinics, retail stores, and e-commerce, among others. Based on application, the market is classified into oedema control and pain management, wound management, orthopaedic support, and sports and athletic wraps, among others. 

The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The comprehensive EMR report offers an extensive assessment of the adhesive bandages market on the basis of Porter's five forces model, along with giving a SWOT analysis. 

The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans. 

• 3M

• B. Braun Melsungen AG

• Cardinal Health, Inc.

• Johnson & Johnson Services, Inc.

• Smith & Nephew Pty Ltd.

• Dynarex Corporation

• Others

Rising Demand for Sports and Athletic Wraps Supporting the Adhesive Bandages Market Growth

The increasing participation of all age groups in sports and recreation activities is driving the demand for adhesive bandages to prevent and treat sport injuries. Adhesive bandages are used by players to provide support to joints, reduce swelling, improve physical activities, and enhance their performance without compromising on safety. 

There is a growing use of adhesive bandages to treat and prevent microbial growth in wounds caused by minor accidents and diseases like leg ulcers. Moreover, they are used by oedema pain patients for pain relief and relieving joints. The rising geriatric population and its use for orthopaedic support are benefitting the market growth. 

Growing Demand for Medicated Bandages in Clinical Setting to Support the Adhesive Bandages Market

Medicated adhesive bandages are being utilised to dress injuries in clinical settings due to their convenience, easy availability, and effective treatment of minor injuries. The rising cases of minor injuries and the efficacy of medicated plasters in rapidly healing wounds are fuelling the demand for these bandages.

Non-medicated adhesive bandages like metal detectable adhesive plasters of various sizes and shapes are being used by restaurants and food manufacturers to prevent metal from contaminating the food. They offer high visibility and are available in the form of foam bandages, woven bandages, and plastic bandages, among others.

Growing Usage of Plastic, Woven Fabric, and Latex Strip Materials to Aid the Adhesive Bandages Market

Plastic bandages offer several benefits; they are easy-to-apply, offer long-lasting wound protection, feature air holes for breathability, and absorb minor bleeding. Moreover, they are cost-effective, easily available, and help in repelling water and oils, which is boosting their utilisation.

Fabric adhesive tapes are flexible, offer a comfortable experience, and contour the body. Various initiatives taken by the market players in developing fabric products due to the rising eco-consciousness are likely to aid the market. For instance, in June 2023, the WoolAid, a start-up company, introduced its wool bandages that are breathable, flexible, sterile, and biodegradable.

The latex strips are made from rubber which derives from the sap of trees. These bandages are inexpensive, stretchy, strong, and offer comfort.

Hospitals and Clinics, Retail Stores, and E-Commerce are the Significant Distribution Channels in the Adhesive Bandages Market

The availability of high-quality adhesive plasters at affordable prices in the expanding distribution channels, such as hospitals, clinics, and retail stores, is benefitting the market. The emergence of e-commerce is surging the accessibility and availability of innovative adhesive bandages, which is providing impetus to the market expansion. 

Robust Healthcare to Aid the North America Market for Adhesive Bandages

The increasing demand for superior quality adhesive bandages in North America due to the advanced healthcare infrastructure is driving the market growth. Additionally, the presence of leading market players in the region and their favourable initiatives for developing innovative adhesive bandages are aiding the adhesive bandages market development. For instance, in June 2021, Johnson & Johnson Services, Inc., a leading pharmaceutical company based in the United States, introduced its new OURTONE™ adhesive tapes that come in three brown shades. The company aimed to make the brown tapes accessible to communities of colour.

Meanwhile, the Asia Pacific region is expected to support the market owing to the rising demand for adhesive bandages amid increasing accidents and the growing geriatric population. The introduction of favourable government regulations to provide first-aid kits for the enhanced safety of workers is supporting the market for adhesive bandages. 

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Competitive Landscape of the Adhesive Bandages Market

Johnson & Johnson Services, Inc. is a multinational corporation based in the U.S. that develops medical devices, pharmaceuticals, and other consumer packaged goods. It is a healthcare company that strives to create healthier communities and change the trajectory of health for humanity.

Cardinal Health, Inc. is a prominent multinational healthcare company and one of the major global distributors of medical, laboratory, and pharmaceuticals products. The company also provides data solutions for healthcare facilities and aims to deliver end-to-end solutions to advance healthcare and improve lives.

Other players in the market include 3M, B. Braun Melsungen AG, Smith & Nephew Pty Ltd., and Dynarex Corporation, among others.

Key Highlights of the Report

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.