The global 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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Key Players:
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.
Growth Drivers:
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.
Strict government regulation as
well as private agencies to safeguard customer interest is liable to obstruct
industry growth shortly. Initiatives taken by R&D to build superior
products without adverse impacts on health assures some growth opportunities for
the industry. Several markets in the developing region have little awareness
about the baby diapers. Such markets are anticipated to provide many
opportunities for the participants in the industry. Growth in e-commerce sector
recently is expected to drive the market penetration opportunities over the
forecast period.
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.
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