Baby Diapers Market Trends, Demand, Scope, Growth Analysis and Industry Forecast To 2030
Market
Overview
Market Research Future
(MRFR) predicts that the global baby diapers market could achieve a CAGR of 6.20%
during the forecast period (2022-2030). It could expect to touch the valuation
of USD 68.89 Bn by 2030, crossing the value of USD 47.32 Bn it had reached in 2017.
Growth
Boosters and Key Restraints
The Baby
Diapers Market Trends could witness strong demand over the coming years as
a result of the mounting awareness about child health. Increasing population in
the developing nations of Asia Pacific is another important factor elevating
the market position. In addition, constant product developments due to
advancing manufacturing technologies work in favor of the global market.
Developing countries like India
and China are projected to be some of the dominating markets in subsequent
years. This could be due to expanding population and rising disposable income
levels. But the market could receive a setback from the increasing awareness
regarding the side effects of the chemicals used in such products. On the
bright side, emergence of high-quality and biodegradable products would ensure
the smooth run of the market in the forthcoming years.
Research and development (R&D)
activities for developing innovative products are also perceived to have a
positive impact on the market. With a hike in the number of Internet users and
the subsequent growth of e-commerce sector, the baby diapers market will be
inundated with a number of growth opportunities in the near future.
Market
Segmentation
The global Baby
Diapers Market Share has been segmented on the basis of product type, size,
and distribution channel.
Depending on the product
type, the baby diapers market is considered for disposable and non-disposable.
The disposable product type segment’s dominance in the global baby diapers
market is the result of robust demand for disposable products with increasing environmental
awareness.
Size-wise, the baby
diapers market covers small & extra small, medium, large, and extra-large.
The medium size segment’s coverage is the largest in the market, meanwhile also
exhibiting the fastest growth.
Distribution channels in
the worldwide baby diapers market are store-based and non-store based. The
types of store-based distribution channels are supermarkets & hypermarkets,
convenience stores, and others.
Regional
Aspect
The key markets for baby
diapers are Asia Pacific, Europe, North America and the rest of the world.
North America is the most
profitable market for baby diapers market. High disposable income and rising awareness
with regard to the side effects of traditional clothes result in regional
dominance. Growing preference for hygienic products coupled with the availability
of different types of baby diapers benefits the market.
Europe projects
considerable expansion in response to robust high demand for disposable baby
diapers and the rise in research and development activities to develop highly
absorbent materials for manufacturing baby diapers. Mounting awareness pertaining
to hygiene among the regional population also helps stimulate market growth.
The Asia Pacific baby
diapers market notes the fastest expansion supported by the burgeoning population
and elevating awareness about personal and infant hygiene. With the surge in working
women population and gradually increasing disposable income, the market size is
bound to expand in the near future. Rising demand for convenient practices
instead of traditional ones in the developing economies could lead the market
to further success during the conjectured time frame. Apart from this, in China,
a large number of manufacturers depend on the local distributors as well as suppliers
because of complex distribution channels within the country. Government is now
focusing on improvement of the manufacturing sector with initiatives like “One
Belt, One Road,” “Make in India,” tax cuts and subsidies.
Prominent
Vendors
Prominent vendors listed
in the MRFR report are Essity Aktiebolag, First Quality Enterprises Inc.,
Unicharm Corporation, Procter & Gamble, Bumkins, KAO Corporation, Hengan
International Group Company Limited, Domtar Corporation, Kimberly-Clark, and
Ontex Group NV, among others.
Recent
Updates
July 2019
Huggies’ new Special
Delivery baby diapers which feature fathers with babies, a first for the
company. The company has come up with a variety of seven box designs, where
three of them are with men along with babies, and the remaining ones are with
women along with babies. It is a premium diaper line containing plant-based
ingredients and has properties like leak protection and high softness level.
NOTE: Our Team of
Researchers are Studying Covid19 and its Impact on Various Industry Verticals
and wherever required we will be considering Covid19 Footprints for Better
Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future
(part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th
Floor, New York, New York 10013, United States of America

Comments
Post a Comment