The global Diaper Bags Market size is anticipated to register revenue of USD 797.7 Million by the year 2025, according to a new report by Million Insights. It is expected to grow with 2.9% CAGR over the forecast period, 2019 to 2025. This growth can be attributed to the rising demand for storage which can hold number of utilities for babies and provide hassle free travel along with the infants.
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Market Synopsis of Diaper Bags Market:
The manufacturers have started producing bags with salient features and improved quality. The usage of such bags allows the holding of a baby while performing several activities such as the opening of the doors, making payments and shopping. Also, additional features like number of storage pockets, wheels and rigid handles help to enhance their functionality. For example, the DIAPER-N-GO bag can be used as a foldable traveling bed, diaper bag and a station for cloth changing for the babies.
The application segment of travel held the largest share of around 70%, in 2018. This growth can be attributed to the rising frequency of traveling among the working population coupled with the need for carrying their infants along. Further, increasing preference to travel across the globe for more than once in a year for vacation or international trips is boosting the market demand.
Asia Pacific is anticipated to witness the highest CAGR of 3.7%, during the forecasted years, 2019 to 2025. This growth can be attributed to the increase in the birth rates and the rising number of working women across developing countries like China and India. Also, the increase in per capita income coupled with the rising standard of living among the working population is expected to fuel the market growth.
The key players in this market are Beetle Jelly, Bugsy Bros, Haocheng, Bugs in Mugs, Bug foundation, Crickester, Eddiebug, Insectables, Insecteo, and Gran Mitla. They are continuously investing in R&Ds to increase the nutritional value of the products using various techniques and by adding additives.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Diaper Bags: Market Variables, Trends & Scope
Chapter 4 Diaper Bags: Product Estimates & Trend Analysis
Chapter 5 Diaper Bags: Application Estimates & Trend Analysis
Chapter 6 Diaper Bags: End-use Estimates & Trend Analysis
Chapter 7 Diaper Bags: Industrial End-use Estimates & Trend Analysis
Chapter 8 Diaper Bags: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Diaper Bags: Manufacturers Company Profiles
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