The
global Baby Diapers Market size
is expected to reach USD 64.62 billion by 2022, according to a new report by
Grand View Research, Inc. The global baby diapers market is estimated to witness
a CAGR of 6.2% over the forecast period. Growing awareness regarding health
issues of babies and infants is the major factor driving the baby diapers
market.
Emerging
economies of the Asia Pacific region including China, India, and Brazil are
projected to lead the global market. Regional diaper manufacturers providing
affordable products with characteristics matching international standards have
resulted in an increased industry competition. Growing demand for natural and
hygienic products is forcing manufacturers to develop bio-based disposable
diapers, which is also projected to propel market demand.
Latest
technological developments, such as higher absorption levels and reduced weight
of final products, have helped the overall quality to a great extent. Various
R&D initiatives aimed at developing bio-degradable diapers are projected to
boost the market growth over the forecast period. The industry has witnessed
several partnerships and M&A activities aimed at developing technologically
advanced products.
In
2016, disposable diapers emerged as the largest product segment. However, the
segment may lose its share to biodegradable baby diapers due to increased
awareness regarding the harmful effects of chemicals used in disposable diapers
and preference toward using environment-friendly products.
Further
key findings from the study suggest:
- The global baby diapers
market is anticipated to reach USD 64.62 billion by 2022 exhibiting a CAGR
of 6.2% over the forecast period
- Disposable diapers led the
industry over the past few years and accounted for nearly two-thirds of
the market
- Developing regions such as
Asia Pacific and Central and South America promise ample growth
opportunities for the baby diapers industry over the forecast period
- Some of the key companies
in the global market are First Quality Enterprises, Inc.; Procter &
Gamble Co. (P&G); Hengan International Group Company Ltd.;
Kimberly-Clark Corp.; Unicharm Corp.; KAO Corp.; Philips Healthcare;
Drylock Technologies NV; Cotton Babies; The Honest Co; and The Hain
Celestial Group.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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