The global mattress market is expected to increase from $23,397.9 million in 2014 to reach $33,437.0 million in 2020, growing at a CAGR of 6.3%. The global mattresses market is mainly driven by increasing population, which is leading to increasing rate of home ownership. Migration of consumers from rural to urban areas is an important driver of housing demand globally, mainly in emerging Middle East and Asia-Pacific regions, where the youth consumers among the population is laying severe pressure on housing supply. The Asia-Pacific mattress market is expected to witness the fastest CAGR of 10.7% during 2015 – 2020.
The wound dressing market is growing due to increasing chronic wounds and increasing awareness about wound dressing products. Increasing cases of diabetes leading to pressure ulcers is further generating an increased demand for ound dressings.
The global UV curable resins market was valued at $3,555.8 million in 2014, and it is expected to grow with a CAGR of 9.4% during 2015 - 2020. The factors driving the growth of the global market include stringent government regulations on emission norms and increasing demand from electronics market.
The global diaper market is expected to grow from an estimated $52.7 billion in 2015, and reach $76.5 billion by 2022, growing at a CAGR of 5.5% during 2016 – 2022. The increased awareness about personal hygiene and growing population, increasing number of women workforce, and introduction of eco-friendly biodegradable diapers are the key growth drivers for the global diaper market.
The global insulin delivery device market was valued at $9,998.3 million in 2015, and it is expected to grow at a CAGR of 6.6% during 2016-2022. Based on type, the insulin pump segment is expected to witness the fastest growth at a CAGR of 7.2% during the forecast period.
The global hepatitis drugs market was valued at $23,222.1 million in 2014, and it is expected to grow with a CAGR of 29.7% during 2015 - 2020. The global hepatitis drugs market is growing due to increasing incidences of hepatitis and increasing support from government organizations. In addition, the growing geriatric population, and increasing R&D investments on hepatitis research and drug discovery are also driving the growth of the global hepatitis drugs market.
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Magazine: Sports Nutrition Market Trends, Analysis and Demand Forecast to 2022 by P&S Market Research