You are here
Global Baby Diapers Market – by Product, Size, Baby Age, Sales Channel, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)
Baby Diapers Market – Segmented by Product, Size, Baby Age, Sales Channel, Region | Market Size, Growth, Drivers, Trends, Industry Structure and Forecasts | MarkGenes
Diapers are generally a piece of white cloth or other absorbent material worn as underpants by babies to absorb and retain urine as well as solid waste.
The global baby diapers market was USD 52 billion in 2018 and is estimated to reach USD 75.74 billion by 2025 at a CAGR of 5.52% during the forecast period
Growth by Region
Europe leads the market with more than one-third of the market share in 2018 due to high standards of living accompanied with awareness regarding child health and hygiene. Moreover, constant improvement in technological advancements is also propelling the growth in the region. Asia-Pacific region, on the other hand, emerged as the second largest market globally due to increasing population and rising disposable income levels of the region. Countries such as India and China are the major contributors of the region
Drivers vs Constraints
The market is mainly driven by increasing population primarily in the developing nations of the Asia-Pacific region. It is also accompanied by constant product developments due to improving manufacturing technologies and the huge impact that e-commerce sector has made globally. On the flip side, declining birth rate in the developed nations and increasing awareness related to the negative impacts associated with baby diapers are more likely to have an adverse effect on the growth of baby diapers market.
Industry Trends and Updates
Procter & Gamble, a US-based multi-national consumer goods company has plans to keep investing in Russian Plants reaffirming its commitment to the market despite political risks in Russia. The company, until today, has invested roughly USD 800 million and counting, as a commitment to the Russian consumer markets.
Unicharm Corporation, a Japanese based multi-national company and the maker of Mamy Poko diaper pants has turned profitable eight years after entering the Indian market with a net profit of INR 20 lakh rising 30% to INR 1392 crore.
Browse other Consumer Goods and Services reports at: https://markgenes.com/industry-reports/consumer-goods-and-services
MarkGenes Business Consulting
2nd Floor, Aditya Enclave,
Hyderabad - 500033
MarkGenes is a Market Intelligence and Business Consulting firm with Market Research as its core combining unparalleled experience, comprehensive capabilities across all industries and business functions while putting together the teams with strong functional knowledge and technical expertise.
Syndicate Research Reports
Our syndicated market research reports provide detailed coverage and market intelligence on categories of various industries. These reports are focused for broader industry audience for market traction. Latest happenings are tracked by our category specialists and are updated / modified every year, these updates are sent to the purchased client on a quarterly basis till one year of purchase.
Customized Research Reports
Our customized market research reports are a requirement from a specific client which focus on a specific agenda. Our industry contacts with experts, coupled with internal category specialists ensure that the requirement is fulfilled. Our quick turnaround time means the client will have enough buffer time to take understand and take necessary actions.