|
|
Article: Making moves in the AI market: strong growth prospects have led to M&A activity in North America.
- Article from:
- Nonwovens Industry
- Article date:
- March 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Rodman Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The population is graying. That is a fact, at least in developed regions such as North America and Western Europe. And, as these developed regions are the ones facing a slowdown in growth in many disposable segments--namely disposable baby diapers--a larger audience for adult incontinence products has been a boon to the nonwovens industry during the past couple of years.
According to INDA estimates, adult incontinence products sold in the U.S. and Canada totaled about 2.6 billion units last year, equivalent to just more than $1 billion at retail, with growth prospects estimated at 5-6% per year until 2011. This represents just half of the overall AI market. The ...