Baby Diapers Market Growth and Business Statistics 2023 | Procter & Gamble, KAO Corporation, Bumkins, Ontex Group NV, Domtar Corporation

Market Scenario:

The baby diapers market is experiencing a substantial makeover due to the product innovations commercialized by market titans. Baby diapers are basically disposable in nature and contain wood pulp and a super-absorbent polymer that can soak the urine of a baby. These are basically used with elasticized waistbands and resealable tapes to make it comfortable for the baby. The global baby diapers market is set to achieve 6.2% CAGR during the forecast period (2017-2023) with its valuation expected to cross USD 66.18 billion mark by the end of 2023. Market Research Future (MRFR) recently published an article on the said market where they have incorporated detailed segmental analysis, in-depth study of the market factors that can impact the market, and an overview of the major companies with their strategies included in it. The endeavor is to provide a holistic view of the baby diapers market in the coming years.

The baby diapers market has several factors in its favor that are providing a substantial tailwind for the market growth. The rise in population can be considered one of the major ones. Hygiene has always been an impactful driver which has not only spurred the market growth but inspired innovation as well. Research and development in superabsorbent polymers, elasticized waistbands, and resealable tapes are bringing in excellent results. Their commercialization can promote new products, and the market can witness expansion due to that in the coming years. In addition, the high disposable income triggered a tendency to provide kids with the best healthcare products. The market has become more embracing towards new entrants who have launched their own set of affordable products which has helped the market in spreading wide.

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Leading Players:

Procter & Gamble,
Kimberly-Clark,
Essity Aktiebolag,
Hengan International Group Company Limited,
Unicharm Corporation,
KAO Corporation,
Bumkins,
First Quality Enterprises Inc.,
Ontex Group NV
Domtar Corporation

Industry Segments:

The global baby diapers market, as per the reports of MRFR, can be segmented by product type, size and distribution channel.

On the basis of the product type, the baby diapers market can be segmented into disposable and non-disposable. The disposable product type segment owns the maximum market share. Its popularity has grown in tandem with its eco-friendly environmental impact.

By size, the baby diapers market comprises small & extra small, medium, large and extra-large. Maximum market share is with the medium segment.

Based on the distribution channel, the baby diapers market consists store-based and non-store based. The store-based segment includes supermarkets & hypermarkets, convenience stores, and others.

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Geographical Analysis:

Geographically, the global baby diapers market has been segmented into four major regions such as Asia Pacific, North America, Europe and the rest of the world. The North America region is dominating the global baby diapers market owing to the increased disposable income, high awareness regarding the side effects of using traditional clothe, preference of hygienic products and availability of a variety of baby diapers for babies of all sizes and ages in this region. The Europe region is projecting significant expansion in the global baby diapers market owing to the high demand for disposable baby diapers, increasing research activities for the development of highly absorbent materials to be used for manufacturing baby diapers and awareness regarding hygiene among the population of this region. The baby diapers market in the Asia Pacific region is expanding at the fastest growth rate in the global baby diapers market during the assessment period owing to the rapid increase in population, rise in awareness regarding personal and infant hygiene, proliferation in working women population, increasing disposable income and increasing preference of convenience over traditional practices in the emerging economies of this region.

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This release was published on openPR.