In a recent published report, Kenneth Research has updated the market report for Hydrocolloid Tapes Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Hydrocolloid Tapes Market products.
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According to a report by the World Health Organization (WHO), the total health spending is growing with an annual average rate of 6% in the low- and middle-income nations, and close to 4% in the high-income countries. Further, in the year 2016, the expenditure made on health reached close to 10% of the GDP of the world and crossed a value of USD 7 trillion.
Global Hydrocolloid Tapes Market is further estimated to grow at a CAGR of 6.3% from 2019 to year 2025. Hydrocolloid tapes are restorative evaluation tapes which are utilized in careful or wound consideration applications. Hydrocolloid tapes give attachment which traps dampness under the surface and advance the mending procedure. Hydrocolloid tapes seal out earth and other barometrical pollutions. Hydrocolloid tapes have predominant attachment as well as very spongy, and consequently are viewed as perfect for stick-to-skin applications. These tapes are water safe and along these lines appropriate for long haul wear, in contrast to different tapes. Hydrocolloid tapes are comprised of breathable texture, which is the reason they guarantee high client comfort. Hydrocolloid tapes are connected to body parts that are fairly testing to give inclusion, for example, heels, elbows, and the sacral territory among others. Despite the fact that hydrocolloid tapes are propelled medicinal dressings utilized in emergency clinics to treat patients with constant injuries, wraps are accessible to buyers for their ordinary foot care needs, for example, rankles and corns, consumes, cuts, and scraped spots, to give an unrivalled injury care understanding.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Asia-Pacific is excepted to emerge as a promising industry for hydrocolloid tapes during the forecasted period owing to large population and rise in no. of surgeries in the developing nations. North America is expected to maintain its dominance in the hydrocolloid tapes industry owing to the established healthcare sector in the region.
Major market players in Hydrocolloid Tapes Market are 3M Company, Parafix Tapes and Conversions Ltd., Avery Dennison Corporation, Euromed Inc., Paul Hartmann Ltd., and brief information of 15 more companies provided in the report.
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Hydrocolloid Tapes Market Segmentation:
Hydrocolloid Tapes Market Overview, By Product
*Single coated
*Non-woven single coated
Hydrocolloid Tapes Market Overview, By End-User
*Hospitals
*Ambulatory surgery centers
*Clinics
*Home care settings
Hydrocolloid Tapes Market Overview, By Application
*Professional wound care
*Fixation of medical devices
*Blister dressings
Hydrocolloid Tapes Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
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Table of Contents
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Turnover Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Hydrocolloid Tapes Industry, By Product
6.1. Single coated
6.2. Non-woven single coated
7. Hydrocolloid Tapes Industry, By End-User
7.1. Hospitals
7.2. Ambulatory surgery centers
7.3. Clinics
7.4. Home care settings
8. Hydrocolloid Tapes Industry, By Application
8.1. Professional wound care
8.2. Fixation of medical devices
8.3. Blister dressings
8 Geographical Analysis
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. RoE
9.4. Asia Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. RoAPAC
9.5. RoW
9.5.1. Latin America
9.5.1.1. Brazil
9.5.1.2. Argentina
9.5.1.3. Rest of Latin America
9.5.2. Middle East and Africa
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