Accordingto a new market report published by Industry Probe (www.industryprobe.com) titled‘Baby Diaper Market [Type: Cloth Diapers(Flat Cloth Diapers, Fitted Cloth Diapers, Pre-Fold Cloth Diapers, and Others(Contour, Pocket etc.), Disposable Diapers (Regular, Ultra Absorbent),Biodegradable Diapers, Training Nappies, Swim Pants; Style: Tape Style, PantStyle; Absorption Level: High, Low; Distribution Channel: Online and Offline(Hypermarkets & Supermarkets, Convenience Stores, and Medical Stores)] – GlobalIndustry Dynamics 2018-19, Trends and Forecast, 2020–2027,’ the global baby diaper market isexpected to reach US$ 49.8 Bn by 2027 and expand at a CAGR of 4.4% from 2019 to2027.
As per the report, the global baby diaper market was valued at US$ 34.2 Bnin 2018 and is expected to expand at a CAGR of 4.4% from 2019 to 2027. Productinnovation and technological advancements are some of the major factors thatare expected to boost the global baby diaper market in the near future. NorthAmerica held a prominent share in the global baby diaper market in 2018 followedby Europe and Asia Pacific. Asia Pacific is expected to be a key upcomingmarket for baby diapers during the forecast time frame. Rise in disposableincome and increase in birth rate especially in China and India are anticipatedto be the key factors driving the growth of the baby diaper market in thisregion.
Additionally, the report states that the growingemphasis on baby care is significantly driving the growth of the baby diaper market.Diaper has become an important part of the baby care regime and hence is encouragingthe market growth. Furthermore, growing awareness about health and sanitation,and rise in disposable income is expected to continue to add fuel to the growthof the global baby diaper market. Increasing sanitation coverage has a significantimpact on reducing child deaths from various diseases. Hence, diaper changingpractice is essential to reduce the spread of germs. Moreover, high literacyrate and high standards of living are also expected to drive the growth of the babydiaper market in the coming years. Highlighting the market hindering factors,the report states that declining birth rate and negative impact of diapers are anticipatedto restrain the market growth during the forecast timeline. The pattern offamily formation in developed countries has drastically declined in recentyears. Moreover, diaper rashes are very common. Bacteria often breed in the wetsoiled paper, leading to skin rashes.
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The report has segmented the baby diaper market interms of type, absorption level, distribution channel and region. In terms of type,disposable diapers are mostly preferred. Compared to cloth diapers, disposablediapers are more convenient and easy to use. In terms of style, tape style isthe major segment and is anticipated to dominate the market during the forecastperiod. Tape style segment contributes major share to the baby diaper marketand is anticipated to expand at a CAGR of 4.3% during the forecast period. Basedon absorption level, the high level segment dominates the market. For babies withincontinence problems, parents prefer diapers with fine quality and highabsorbency. Based on distribution channel, the offline distribution channel isexpected to be the most attractive segment during the forecast period due tothe preference of consumers toward offline shopping. In terms of region, NorthAmerica holds a major share of the global baby diaper market followed by Europe.
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The baby diaper market is dominated by several playerswho are focused on the development of new products to cater to the risingdemand for the product in the global market.
The reportincludes the below mentioned pointers of the major players operating in the babydiaper market:
· CompetitionMatrix
· CompanyOverview
· ProductProfiling
· MarketShare Analysis (2018)
· ProductInnovation
· ProductComparison Analysis
· BusinessStrategies / Recent Developments
§ Technologicaladvancements
§ Key mergers and acquisitions
§ Expansionstrategies
· CompanyFinancials
Someof the major players operating in the baby diaper market are featured in thisreport to give a better competitive analysis of the market and these include Unicharm Corporation, Procter & Gamble Co., Hengan InternationalCompany Limited, Domtar Corporation, Kao Corporation, Kimberly-ClarkCorporation, Essity Aktiebolaget, Ontex International N.V, Bumkins Finer BabyProducts, Inc. and Celluloses de Brocéliande.
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