July 3, 2024

Adaptive Clothing Market Is Expected To Be Flourished By Rise In Geriatric Population And Prevelance Of Chronic Diseases

Adaptive clothing refers to the clothing line designed to make dressing easier for people suffering from limited mobility or medical conditions. Adaptive clothing includes snap buttons, velcro closures and easy grips features to help people get dressed independently. The garments are tailored to accommodate medical devices, breathing tubes and wound dressings. It is used by people with arthritis, joint replacement or limited use of hands. The adaptive clothing market also caters to the needs of elderly population seeking easy-to-wear comfortable clothes.

The global adaptive clothing market is estimated to be valued at US$ 22.92 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

Rise in geriatric population and prevelance of chronic diseases is expected to drive the growth of adaptive clothing market over the forecast period. According to the United Nations report, the global population aged 60 years or over numbered 962 million in 2017. The geriatric population is increasing worldwide at a rate of around 3% per year. Also, rising burden of chronic diseases such as arthritis, parkinson’s disease limit mobility requiring adaptive clothing for easy dressing. Adaptive clothing provides independence, dignity and maximum level of participation in daily life activities for such consumers.

Additionally, increasing awareness about such special apparel through social media campaigns and celebrity endorsements is also expected to boost the demand for adaptive clothing over the forecast period. Various clothing brands promoting adaptive clothing on social media platforms helps consumers to learn about solutions for changing needs related to age, illness, or disability. This awareness will further drive the adaptive clothing market growth.

Segment Analysis
The Adaptive Clothing Market Size is dominated by the women segment which holds around 55% share of the overall market. This is because women are adopting adaptive clothing due to increasing concerns for personal hygiene and mobility. The elderly segment follows at 25% share as geriatric population is more prone to physical disabilities and require clothes that offer better functionality.

PEST Analysis
Political
: Governments across regions are implementing regulations that promote inclusive fashion for the disabled. They are also providing subsidies to encourage local businesses to manufacture adaptive clothing.
Economic: Rising incomes and growing health expenditure is driving more consumers to opt for customized adaptive clothing rather than conventional attires. The developed economies currently dominate the market spending.
Social: Growing social awareness about the needs of the physically challenged has boosted adoption. Also, their improved integration in social activities is propelling the demand for stylish adaptive clothing.
Technological: Integration of advanced textiles that offer features like breathability, flexibility and easy washability along with aesthetic designs are boosting the market appeal.

Key Takeaways
The global adaptive clothing market is expected to witness high growth over the forecast period supported by rapid growth in disabilities worldwide along with rising social acceptance. The global adaptive clothing market is estimated to be valued at US$ 22.92 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030.

Regional analysis: North America currently captures over 40% share led by the US on back of strong healthcare infrastructure and higher health awareness. Europe follows as a major region due to favourable government initiatives for disabled population. However, Asia Pacific is emerging as the fastest growing regional market with double digit CAGR led by countries like China and India owing to growing medical applications and acceptance of adaptive fashion.

Key players: Key players operating in the adaptive clothing market are DSM Nutritional Products, Lycored, Lycored SARL, FutureCeuticals, Vidya Herbs, Allied Biotech Corporation, Avestia Pharma, Xi’an Green Source Co., Ltd., Beijing Gingko Group (BGG), and Shaanxi Jiahe Phytochem Co., Ltd. These companies are focusing on new product launches and mergers & acquisitions to strengthen their market presence.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it