DUBAI, UAE. 23th September
2019: Baby Diapers Market size is
anticipated to reach USD 64.62 by 2022, progressing at a CAGR of 6.2% over the
forecast period. Rising consciousness towards baby health and affordability of
the baby care products are the major driving force which is presumed to boost
the industry in the coming future.
Advancement in science and technology has given rise to
several outstanding products with various properties that have contributed to
the market penetration, mostly in the developing region. A significant increase
in the number of working women especially in developing parts of the globe has
had a growing impact on product sales due to the easy to use the property as
well as convenience factor of the product.
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Consumer’s increasing disposable income has resulted in
higher buying power mostly in the developing region. Such increments are
expected to raise the sales of premium products in the market which in turn
will trigger the global baby diaper industry shortly. The high rate of birth in
the developing regions such as the Middle East & Africa, Asia Pacific and
Latin America is another major factor that is expected to impact the regional
product sales positively.
Continuous exposure to chemicals caused by disposable baby
diapers leads to skin rashes and many other negative health impacts. Increasing
awareness towards these toxic chemicals and their negative impact on health are
most likely to influence the baby diapers market negatively over the upcoming
seven years.
Product Insights
The key products include disposable diapers, biodegradable
diapers, cloth diapers, swim diapers and training nappy. The global market is
dominated by the disposable ones among all the other products, and this trend
is anticipated to continue over the forecast period. Cloth based products and
training pants emerged as the third and second major segments in the recent
past.
Biodegradable diapers are expected to experience a rapid
growth rate over the forecast period owing to the increasing awareness towards
the environment and changing consumer preference. Industry’s other cloth-based
products include Pre-fold, flat and all-in-one. Increasing ill effects of the
chemicals used in disposable diapers is projected to incline consumer towards the
cloth-based products in the upcoming future.
Disposable diaper segment includes various types of products
such as super absorbent disposables, ultra-absorbent disposables,
bio-degradable disposables and regular disposables. Ultra-absorbent disposables
and Super absorbent disposable products are anticipated to dominate the global
market over the forecast period.
Regional Insights
The global baby diapers market was dominated by Europe
during the past few years, followed by North America and Asia-Pacific. Due to
slow birth rate in the developed region such as Europe and North America growth
rate is expected to be moderate in such regions. Developing economies such as
India and China is anticipated to lead the market in the Asia Pacific region
due to the factors involving high birth rates, easy affordability, increasing
disposable income as well as Rising awareness towards baby health.
Other parts such as Africa, Latin America, and the Middle
East are expected to experience the high demand as well. However, certain
countries in Africa are projected to lag the regional industry owing to the
factors such as overall economic poverty as well as little awareness towards
baby health issues.
Competitive Insights
The major industry participants have captured more than 50%
of the global market. These companies have been strategically planning the
acquisitions, mergers, and partnerships with an aim to build superior products
and enhance the production capacity and thereby increase the market
penetration. Key players in the industry include P&G, Hengan, SCA, Cotton
babies, Kimberly-Clark, KAO, Phillips Health care, Unicharm, The Honest Co,
Drylock, OsoCozy, First Quality, Hain Celential, Ontex, SCA and Seventh
Generation.
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Report with TOC @ https://www.millioninsights.com/industry-reports/baby-diapers-market
Global Baby Diapers
Regional Outlook (Revenue, USD Million, 2012 - 2022)
• North America
• Europe
• Asia Pacific
• Latin America,
Middle East & Africa (LAMEA)
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