Global Baby Diaper Market Expected to Reach US$ 49.8 Bn by 2027: Industry Probe
According to a
new market report published by Industry Probe (www.industryprobe.com) titled ‘Baby Diaper Market [Type: Cloth Diapers (Flat
Cloth Diapers, Fitted Cloth Diapers, Pre-Fold Cloth Diapers, and Others
(Contour, Pocket etc.), Disposable Diapers (Regular, Ultra Absorbent),
Biodegradable Diapers, Training Nappies, Swim Pants; Style: Tape Style, Pant
Style; Absorption Level: High, Low; Distribution Channel: Online and Offline
(Hypermarkets & Supermarkets, Convenience Stores, and Medical Stores)] – Global
Industry Dynamics 2018-19, Trends and Forecast, 2020–2027,’ the global baby diaper market is expected to
reach US$ 49.8 Bn by 2027 and expand at a CAGR of 4.4% from 2019 to 2027.
Click here to access sample report of Baby Diaper Market
As per the
report, the global baby diaper market was valued at US$ 34.2 Bn in 2018 and is
expected to expand at a CAGR of 4.4% from 2019 to 2027. Product innovation and
technological advancements are some of the major factors that are expected to
boost the global baby diaper market in the near future. North America held a
prominent share in the global baby diaper market in 2018 followed by Europe and
Asia Pacific. Asia Pacific is expected to be a key upcoming market for baby
diapers during the forecast time frame. Rise in disposable income and increase
in birth rate especially in China and India are anticipated to be the key
factors driving the growth of the baby diaper market in this region.
Additionally,
the report states that the growing emphasis on baby care is significantly
driving the growth of the baby diaper market. Diaper has become an important
part of the baby care regime and hence is encouraging the market growth. Furthermore,
growing awareness about health and sanitation, and rise in disposable income is
expected to continue to add fuel to the growth of the global baby diaper market.
Increasing sanitation coverage has a significant impact on reducing child
deaths from various diseases. Hence, diaper changing practice is essential to
reduce the spread of germs. Moreover, high literacy rate and high standards of
living are also expected to drive the growth of the baby diaper market in the
coming years. Highlighting the market hindering factors, the report states that
declining birth rate and negative impact of diapers are anticipated to restrain
the market growth during the forecast timeline. The pattern of family formation
in developed countries has drastically declined in recent years. Moreover,
diaper rashes are very common. Bacteria often breed in the wet soiled paper,
leading to skin rashes.
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The report
has segmented the baby diaper market in terms of type, absorption level,
distribution channel and region. In terms of type, disposable diapers are
mostly preferred. Compared to cloth diapers, disposable diapers are more convenient
and easy to use. In terms of style, tape style is the major segment and is
anticipated to dominate the market during the forecast period. Tape style
segment contributes major share to the baby diaper market and is anticipated to
expand at a CAGR of 4.3% during the forecast period. Based on absorption level,
the high level segment dominates the market. For babies with incontinence
problems, parents prefer diapers with fine quality and high absorbency. Based
on distribution channel, the offline distribution channel is expected to be the
most attractive segment during the forecast period due to the preference of consumers
toward offline shopping. In terms of region, North America holds a major share
of the global baby diaper market followed by Europe
The baby diaper
market is dominated by several players who are focused on the development of
new products to cater to the rising demand for the product in the global market.
The report
includes the below mentioned pointers of the major players operating in the baby
diaper market:
Ø Competition
Matrix
Ø Company Overview
Ø Product
Profiling
Ø Market Share
Analysis (2018)
Ø Product Innovation
Ø Product
Comparison Analysis
Ø Business
Strategies / Recent Developments
§ Technological
advancements
§ Key mergers and acquisitions
§ Expansion
strategies
Ø Company
Financials
Some
of the major players operating in the baby diaper market are featured in this
report to give a better competitive analysis of the market and these include Unicharm Corporation, Procter & Gamble Co., Hengan International Company
Limited, Domtar Corporation, Kao Corporation, Kimberly-Clark Corporation, Essity
Aktiebolaget, Ontex International N.V, Bumkins Finer Baby Products, Inc. and Celluloses
de Brocéliande.
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analyst to understand more about Baby Diaper Market Report
About Us
Industry Probe is a global market
intelligence and advisory firm with an unwavering purpose to help businesses
achieve strategic objectives through a varied range of offerings. Based on a
unique amalgamation of our big data technology and human intelligence, our
services are dedicated to serve the businesses operating in the consumer goods
and industrial machinery sectors. Our offerings comprises syndicated research,
strategic consulting & advisory services, competitive intelligence, and
full time engagement to bring true & actionable insights into our clients’
business environment. Combining research & technology adoption, playing the
perfect mix of the best data, and centered on consumer goods & industrial
machinery sectors, Industry Probe believes in targeting one industry at a time.
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