Global Baby Diapers Market is Expected to Reach Around USD 63.4 billion by 2020
Zion Research has published a new report titled “Baby Diapers (Biodegradable Diapers, Training Nappy, Cloth Diapers, Swim Pants, and Disposable Diapers) Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021” According to the report, global demand for baby diapers market was valued around USD 43.7 billion in 2015, and is expected to reach above USD 63.4 billion in 2021 growing at a CAGR of slightly above 6.4% between 2016 and 2021.
Browse the full “Baby Diapers (Biodegradable Diapers, Training Nappy, Cloth Diapers, Swim Pants, and Disposable Diapers) Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021” report at http://www.marketresearchstore.com/report/baby-diapers-market-z59589
Diaper is the underwear used to urinate or defecate without using toilet. At present Baby diapers are widely used all over the globe owing to their flexibility and ease of use. Baby diapers are made up of synthetic disposable material or simply cloth. The absorbent present in the diapers are the polymers with hydrophilic property and with high absorption rate. Prolong contact with the wet diaper can cause rashes and inconvenience, so the disposable diapers with advance technical properties are used widely. Plastic diapers are experiencing low demand due to introduction of new products such as slim fit, anti bacterial and biodegradable diapers.
Rise in dual household income with increasing discretional income along with escalating literacy rate of women are the factors driving the market. Increasing birth rate in the developing countries and spurring awareness regarding baby’s sanitation surge the growth of baby diaper market. Conversely, rising concern about the environment pollution caused due to diapers is the major restrain for baby diaper market growth. Moreover, sinking birth rate in the developed countries is also expected to hamper the growth of baby diaper market. Nevertheless, enhanced products such as eco friendly biodegradable diaper is estimated to foster the growth of market in the near future. Also, ever increasing demand for the innovated products which includes body fit, skin friendly, superior absorption, stretchable, stylish and odor free is projected to present new opportunities in the baby diaper market and expected to open new market avenue in forecast period.
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The baby diaper market is segmented on the basis of type, which includes biodegradable diapers, training nappy, cloth diapers, swim pants, and disposable diapers. Cloth diapers can be further classified as fitted cloth diapers, all in one cloth diapers, flat cloth diapers and pre-fold cloth diapers among others. Disposable diapers emerged as the leading segments due to its various characteristics such as heavy absorption, easy to dispose. These types of diapers do not cause any adverse affect on the baby’s skin. Disposable diapers can be further segmented as regular disposable diapers, ultra absorbent disposable diapers and super absorbent disposable diapers. Biodegradable diapers are expected to accelerate the growth of baby diaper market due to the rising environment concerns. North America dominated the baby diapers market and contributed foremost revenue owing to highly developed products, escalating acceptance of diapers and rising working women population. Among all, U.S. stands to be the prominent market due to adoption of popular brand diapers and recovery from the economic situations. However, baby diaper market in these regions is in saturation state due to moderate birth rate. Asia Pacific is also one of the rapidly growing regions with CAGR of 6%. Developing countries are anticipated to experience largest growth owing to changing lifestyle and rising population.
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Unicharm, SCA Hygiene, Procter & Gamble, Bumkins, KAO Corporation, Kimberly-Clark, Hengan and Diapees and Wipees among others are some of the key participants in the baby diaper market. P&G and Kimberly Clark are some of the leading companies owing to extensive range of assorted product portfolio.
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