Press release
Baby Disposable Diaper Market Is Forecasted To Expand At A CAGR Of 4% From 2023 To 2033
According to Fact.MR's extensive research analysis, the worldwide infant disposable diaper market is expected to be worth $4.67 billion in 2022. In 2022, the market grew by 4% year on year, and revenue is expected to reach US$ 48.65 billion in 2023. In the future, global demand for infant disposable diapers is expected to grow at a CAGR of 4.2%, reaching a market value of US$ 73.41 billion by 2033.The growing worldwide population is driving up demand for different care and hygiene goods such as baby diapers and body wash. Rising disposable income also means more purchasing power on leisure items. Furthermore, the burgeoning female labor force and rising literacy rates are variables that influence spending habits and living standards.
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Competitive Landscape:
In recent years, market players have been investing in new developments, strengthening their supply chain management systems, ensuring the delivery of quality products, maintaining product standards, etc.
Acquisitions, mergers, product launches, etc., are some strategies that are adopted by industry players.
For instance:
Kimberly-Clark opened its new manufacturing unit in Ikorodu, Lagos, Nigeria in March 2022. This facility is predicted to engage in the manufacturing of Huggies baby diapers along with Kotex feminine care products. Investments by the company equipped it with the latest technology to ensure consumer satisfaction while delivering quality products.
In December 2021, Ontex Group launched Climaflex technology for manufacturing a next-generation diaper core. It has breathable and ultra-thin technology that preserves absorbency and makes it suitable for fast-moving babies as well.
Key Players:
• Kao Corporation
• RAD Medical
• MEGA
• Kimberly-Clark Corporation
• TZMO
• The Procter & Gamble Company
• Fippi
• Domtar
• Delipap Oy
• Linette HELLAS
• Futura Line
• Ontex International N.V.
• Europrosan SpA
• Hygienika
• Unicharm Corporation
• Svenska Cellulose Aktiebolaget SCA
Baby disposable diaper sales in the United Kingdom are expected to grow at a 3% CAGR, reaching a value of US$ 3.60 billion by the end of 2033.Increasing expenditure on child care goods, the development of internet retailing sites, the expanding population of working women, and changing living standards are some of the key drivers influencing market growth in the United Kingdom.
Breakthroughs in infant diaper manufacturing technologies, such as the fabrication of diapers from biodegradable and organic raw materials, are creating tremendous potential for industry participants.
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Regional Analysis:
The market in the United States is expected to grow at a CAGR of 4% and reach US$ 22.98 billion by 2033.
According to the National Diaper Bank Network, one out of every three families in the United States has diaper needs.Consistent population growth, an increase in the proportion of nuclear families with working parents, and fast urbanization are all factors contributing to the increased need for newborn diapers. Medical advancements and new technology for treating infertility are also expected to boost demand for newborn disposable diapers.
Key Segments of Industry:
• By Product :
o Super-absorbent
o Ultra-absorbent
• By Age Group :
o 0 to 6 Month Babies
o 7 to 18 Month Babies
o 19 to 48 Month Babies
• By Sales Channel :
o Hypermarkets/Supermarkets
o Convenience Stores
o Pharmacy/Drug Stores
o Online Channels
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