Press release
Baby Disposable Diaper to Increase Market Growth with Higher Demand in 0-6 Months Age Group || Key Players: Gamble Company, Kimberly Clark Corporation, and Ontex Group NV
A Fact.MR report envisions the global baby disposable diaper market to post a 7.6% CAGR during the forecast period 2017-2022. The 0-6 months market for baby disposable diaper could register a CAGR of 8.3%, according to the report.The global baby disposable diaper market is foreseen to become prominent in the coming years as it rides on increased upgrading of cloth-like aesthetics, softness, and other attributes in top-of-the-line products. This trend is expected to move beyond mature baby disposable diaper markets. Some of the premium baby disposable diaper products sold or imported in popular markets could be the softest non-woven ones. In terms of overall value and performance, elastic fabric components are said to have undergone several generations of enhancements so as to offer improved comfort to consumers. Elastic side panels on diaper pants and stretch diaper ears on diapers are features that define premium offerings today.
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Throughout the course of the forecast period, hypermarket/supermarket is prognosticated to maintain its lead in the global baby disposable diaper market among other sales channels. It could score a lion’s share of the global baby disposable diaper market by 2022. Apart from this, this sales channel segment of the global baby disposable diaper market is projected to show a staggering CAGR of 8.0%. However, online sales channel could exhibit a higher CAGR of 8.2%. Nevertheless, it may not compete well against the hypermarket/supermarket baby disposable diaper market in terms of revenue share.
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On the geographical front, the global baby disposable diaper market is prophesied to witness the dominance of APEJ until the final forecast year. This region could log a 7.5% CAGR to attract strong business in the baby disposable diaper market. The extremely high rate of adoption witnessed could be one of the primary reasons for the growing attractiveness of the regional market for baby disposable diaper. It is predicted to gain support from two vital factors, viz. high disposable income and aggressive population growth. APEJ could be trailed by North America in terms of market growth. Although it shows a good growth rate, Europe is envisaged to tread upon the heels of North America in the near future.
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The global baby disposable diaper market marks the presence of top players such as Unicharm Corporation, Kao Corporation, The Procter and Gamble Company, Kimberly Clark Corporation, and Ontex Group NV. Players are expected to plan aggressive strategies to gain a strong foothold in the global baby disposable diaper market. Private labels of baby disposable diaper could grow in popularity during the course of the forecast period.
Additional Questions Answered
The global baby disposable diaper market report answers sundry questions of readers, including:
Will other regions keep up their pace with APEJ?
How will the segment 0-6 months by age group attain super growth?
Is there a powerful competitor for hypermarket/supermarket by sales channel?
What are the top market tactics adopted by leading players?
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