Basin, Bowl, And Cup Market Growth & Trends

The global basin, bowl, and cup market size is expected to reach USD 504.1 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 13.9% from 2021 to 2028. Increasing reimbursement for surgeries and favorable government initiatives, along with increasing geriatric population, are driving the market.

Furthermore, due to the COVID-19 outbreak, the industry has witnessed rapid expansion in recent years. This is due to the expanding number of hospitals around the world, which will result in the high adoption of basins, bowls, and cups because they are cost-effective and time-saving.

The market growth is projected to be restrained by an increase in the use of reusable bowls, basins, and cups, which can be a source of hospital-acquired infections (HAIs), particularly when infectious microorganisms are transmitted between surfaces or other areas such as the facility’s water, which may contain pathogens or a patient’s personal goods which are exposed to pathogens. This may act as a restraint and lower the demand for basins, bowls, and cups.

Technological advancements such as single-use or disposable ones are replacing conventionally used stainless basins and bowls. A significant reason for this shift from stainless steel basins and bowls to disposable ones is to reduce cross-contamination risk. The use of disposable basins and bowls helps in controlling the infection spread. As a result, advanced technology is expected to fuel the growth of the market.

Basin, Bowl, And Cup Market Report Highlights

  • By product type, the cup segment held the largest revenue share in 2020. This is due to the growing pediatric and geriatric population and their reliance on medicines, which is one of the major causes driving up the use of medicine cups
  • Based on the material type, stainless steel held the largest revenue share in 2020. Stainless-steel basins are becoming increasingly diverse and diversified in their applications and usage. Stainless-steel basins are easy to clean and can be autoclaved, making them suitable for hospitals and operation centers, which is anticipated to boost the demand for basins, bowls, and cups
  • Asia Pacific led the market in 2020 and is expected to maintain its lead over the forecast period. This is owing to the region’s vast population, particularly in China and India, as well as the expanding healthcare infrastructure in emerging countries