The study on the Global Diaper Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Diaper market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Diaper industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Diaper industry
The global diaper market size was USD 57.45 Billion in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to latest analysis by Emergen Research. Increasing number of births, rapid global urbanization, rise in elderly population, and ongoing developments in fabrics and particular user-friendly features in development of diapers increasing eco-friendly trends for diaper product designs as well as increasing customer demand for disposable and sustainable diapers are crucial factors driving market revenue growth.
Demand for diapers is expected to drive market revenue growth during the forecast period due to an increase in working parents, growing worries about newborn health, and increased awareness of baby diapers. In addition, an increase in consumer spending and improved standard of life provide significant potential opportunities for the global diaper industry. Recent advancements in diaper technology have led to enhanced design features that prolong dryness and lessen frequency and severity of diaper rash.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the Diaper market. Also, to arrive at an accurate and unbiased market forecast, data collected from secondary research sources have been analysed and validated through primaries.
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The study further explores and provides an in-depth analysis of current market dynamics and recent trends, focusing on various key factors and potential growth opportunities and risks. The report focuses on leading regions and their major countries to anticipate market growth in the forecast years.
Some major companies operating in the global market include Kimberly-Clark Corporation, The Procter & Gamble Company, Essity Aktiebalog, Unicharm Corporation, Kao Corporation, Nobel Hygiene Private Limited, Oji Holdings Corporation, Ontex BVBA, Johnson & Johnson, The Hain Celestial Group, Inc., and The Honest Company, Inc.
Highlights from the Report
- The babies/Infants segment accounted for a moderate revenue share in 2021. Rising birth rates, higher disposable income, greater awareness of infant cleanliness, and a sharp rise in proportion of working parents are all contributing factors driving market growth. Without diapers, child care would be lacking, as` diapers are normally used until a child is toilet trained to contain urine and feces of infants. Increase in economic purchasing power and population expansion are two critical aspects that have a significant impact on the segment’s revenue growth.
- The disposable diapers disease segment accounted for a significant revenue share in 2021. Disposable diapers outperform cloth diapers in terms of urine absorption, leak prevention, dryness, and rash prevention. Most efficient way to decrease leaking is with disposable tape diapers that can be readily adjusted in size, which are appropriate for crawling children and active toddlers who move about a lot during the day.
- The Asia Pacific market accounted for a significant revenue share in 2021. Major diaper companies are paying closer attention as they search for ways to grow their businesses as the diaper market in developing countries, such as China and India, is booming at an unprecedented rate. Particularly, P&G was the first to enter Chinese diaper business with a well-researched strategy through its subsidiary Pampers.
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The report studies the historical data of the Diaper Market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
Emergen Research has segmented the global diaper market based on age group, product type, distribution channels, and region:
- Age Group Outlook (Revenue, USD Billion; 2019-2030)
- Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- E-Commerce Websites
The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Diaper Market, gauging their revenue share over the forecast timeline. Furthermore, the report analyses the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Key Questions Answered in the Report:
What is the growth rate of the Diaper market? What is the anticipated market valuation of Diaper industry by 2030?
What are the key growth driving and restraining factors of the Diaper market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Diaper industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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