Rising applications in healthcare industry expand stick-to-skin materials market

The global stick-to-skin materials market size reached US $3.1 billion in 2021 and is expected to reach a valuation of US $3.4 billion in 2022.

With rising applications of stick-to-skin materials across healthcare, sports, fashion, and personal care industries, the total sales of stick-to-skin materials are projected to rise at a compound annual growth rate (CAGR) of 7.2% during the forecast period between 2022 and 2032, totaling more than US $6.8 billion by the end of 2032.

Stick-to-skin materials bond products with skin and other surfaces. These materials support applications requiring short-to long-term wear. Increasing adoption of stick to skin materials in clothing, personal care products, and healthcare applications such as medical devices and equipment, wound dressing, and secure IV lines is expected to push the demand for stick-to-skin materials.

Rising prevalence of chronic and infectious diseases worldwide has generated demand for drug delivery devices, wearable medical devices, wound care dressings, and sales of stick-to-skin materials are slated to grow as they form an integral part of medical products.

Demand is especially rising for tapes such as adhesive transfer, cloth, and foam tapes, due to their increasing use across various industries. Fact.MR predicts the tapes segment to grow at a CAGR of 8.2% between 2022 and 2032, creating an absolute incremental opportunity of US $865 million by 2032.

North America holds the largest share (30.3%) of the global stick-to-skin materials market and is likely to retain its position due to increasing applications of stick-to-skin materials in medical applications, growing popularity of non-invasive surgery, rising healthcare spending, and presence of several stick-to-skin materials manufacturers.