Mortuary Bags Market Key Factors Is Growing Prevalence of Pandemics and Epidemics

Overview:

A mortuary bags, also known as body bags, cadaver pouch, or Human Remains Pouch (HRP), is a non-porous bag designed to contain a human body, used for the storage and transportation of shrouded corpses. These bags can also be used for the purposes of storing corpses within a morgue. Before purpose-made body bags were available, cotton mattress covers were sometimes used, particularly in combat zones during the Second World War.

The global mortuary bags market has been segmented on the basis of raw material, size, end-use, as well as regions and countries.

Dynamics:

The growing prevalence of pandemics and epidemics, as well as the general increase in the number of road accidents occurring across the world, are some of the most primary factors that are anticipated to continue to influence the revenue growth of the global mortuary bags market in the foreseeable future. Moreover, the increasing number of deaths/fatalities each year as a direct result factors such as speeding, unsafe road infrastructure, excessive drinking & substance abuse, insufficient traffic law enforcement, as well as the improper use or non-use of appropriate safety measures like helmets, child restraints and seat belts are other factors that are slated to contribute to the future market growth of this global industry.

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The increasing incidence rates of non-communicable diseases, which accounts for over 73% of global deaths, is also a factor that is expected to substantially increase the demand for these products, thereby fueling the revenue growth opportunities for this sector in the years to come.

In light of the recent COVID-19 outbreak, the operations of numerous industries have been either temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. However, the global mortuary bags market is this instance has witnessed a surge in the demand for these products, owing to the drastic increase in global deaths as a direct result of this global pandemic. This is a factor that is expected to compliment the market growth of this global industry in the near future.

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Segmentation of the global mortuary bags market is as follows:

In terms of raw material, the polyethylene segment accounted for the maximum number of revenue shares of the global mortuary bags market in 2020, and is expected to index considerable revenue growth over the next decade. However, the Polyvinyl Chloride(PVC) segment is anticipated to register the fastest CAGR over the forecast period. This can be attributed to this material’s economic costs, and the fact that it is the 3rd most produced synthetic substance of on earth.

With respect to size, the adult bags segment accounted for the highest number of revenue shares of the global mortuary bags market in 2020, and is anticipated to register a high CAGR over the next decade. The heavy duty and bariatric bags segment is anticipated to register considerable revenue growth in the coming years as well.

On the basis of end-use, the morgue segment accounted for the maximum number of revenue shares in 2020, and is slated to continue to index considerable revenue growth in the years to come. However, the hospital segment is expected to register the fastest rate of revenue growth in the foreseeable future. This can be attributed to the increasing prevalence of cardiovascular disease across the world.

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Regional Segmentation and Analysis:

North America accounted for the highest number of revenue shares of the global mortuary bags market in 2020, and is expected to index a high CAGR over the course of this forecast period. However, the markets in the Asia Pacific region are anticipated to register the fastest CAGR over the next 10 years, owing to factors such as an ever-expanding geriatric population, as well as the increasing incidence of various chronic diseases among the individuals in this region.

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