The global baby diapers market is expected to reach USD 64.62 billion by 2022. Increasing disposable income level coupled with increasing birth rates particularly in emerging markets is expected to remain a key driving factor for global baby diapers market. Growing awareness regarding baby's health and novel products resulting from technological advances are other critical factors that are presumed to positively impact the baby diaper market over the forecast period. Increasing working women ratio is another key factor that is expected to aid the market over the next seven years.
Health awareness regarding health
hazards resulting from chemicals used in disposable diapers is anticipated to
hamper the global baby diaper market growth over the forecast period.
Technological advances resulting in novel products with superior properties
promise ample opportunities for the industry participants. Rapid e-commerce
growth particularly in the developing markets is expected to provide abundant
penetration opportunities to the industry participants in the near future.
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Further
key findings from the report suggest:
·
Global baby diaper
market was USD 39.97 billion in 2014 and is expected to reach USD 64.62 billion
in 2022, growing at an estimated CAGR of 6.2% from 2014 to 2022.
·
Disposable diapers
dominated the global market with nearly two-thirds of the total revenue in 2014
and are expected to witness a CAGR of 5.4% over the forecast period. Cloth
diapers market were the second largest product segment for baby diapers market.
Bio-degradable diapers are projected to witness the highest growth rate over
the forecast period.
·
Pre-fold cloth diapers
dominated the cloth diapers market in 2014 and are presumed to witness a CAGR
of 10.5% from 2015 to 2022. Other cloth diaper products include flat cloth
diapers, fitter cloth diapers, all-in-one cloth diapers and other cloth
diapers.
·
Disposable diaper
market products include ultra absorbent disposable diapers, super absorbent disposable
diapers, regular disposable diapers and bio-degradable disposable diapers.
Regular disposable diapers are projected to witness a CAGR of 2.2% over the
forecast period.
·
The industry is
characterized by companies taking strong initiatives to enhance product
portfolio and increase their production capacity to cater to the growing demand
from the developing regions. Key industry participants include P&G, Hengan,
Unicharm, Phillips Healthcare, Kimberly Clark, SCA and Associated Hygiene.
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