Absorbent Pads Industry Analysis, Top Players, Revenue And Market Share Report

Posted by Fred Williams on April 1st, 2021

According to Transparency Market Research’s latest market report titled “Absorbent Pads Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027,” the growing demand for absorbent pads in the food & agriculture end-use industry to drive the growth of the global absorbent pads market during the forecast period.

Globally, the revenue generated by the absorbent pads market has been estimated to be over US$ 2.0 Bn in 2019 and is expected to increase at a CAGR of 5.1% in terms of value throughout the forecast period.

Absorbent Pads – Market Dynamics

Absorbent pads are gaining significant popularity in end-use industries such as food & agriculture, oil and gas, chemicals, medical, and others, as these are perfect for clean-up and maintenance of drips, inevitable leaks, and spills generated in the workplace during handling, transporting, dispensing, and storing liquids. Such factors are expected to drive the growth of the global absorbent pads market during the forecast period. Exceptional characteristics of absorbent pads such as sturdiness, durability, ease of use, inertness towards absorbed liquid, and reusability make them an ideal choice for industries to improve productivity and safety at the workplace. These are likely to escalate the growth of the global absorbent pads market during the forecast period.

The demand for absorbent pads is increasing in the packaging of meat, poultry, and seafood as they can absorb the dripping water and ensure hygiene. The absorbed liquids are locked-in physically and cannot enter the package. This makes absorbent pads a safe and convenient choice for packaging of meat, poultry, and seafood. Also, absorbent pads are made from FDA-approved natural cellulose fiber, which is further expected to drive the growth of the global absorbent pads market during the forecast period.

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