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Baby Diapers Market Growth Analysis: Trends, Size, Share, And Outlook Report 2024-2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Baby Diapers Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The baby diapers market size has grown strongly in recent years. It will grow from $59.79 billion in 2023 to $64.15 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to rising birth rates, urbanization, changing consumer preferences, awareness of hygiene standards, women workforce participation, development of retail infrastructure.
The baby diapers market size is expected to see strong growth in the next few years. It will grow to $85.62 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to rising parental awareness, focus on sustainable diapers, premiumization, influence of social media, government initiatives, health and wellness concerns. Major trends in the forecast period include innovations in diaper technology, customization and personalization, innovation in absorbent materials, collaborations and partnerships, e-commerce and online retailing.
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Market Segmentation:
The baby diapers market covered in this report is segmented -
1) By Type: Cloth Diapers, Disposable Diapers, Other Types
2) By Size: Small And Extra Small (S And XS), Medium (M), Large (L), Extra Large (XL)
3) By Age Group: Infants (0‐6 Months), Babies And Young Toddlers (6‐18 Months), Toddlers (18‐24 Months), Children Above 2 Years
4) By Distribution Channel: Hypermarket Or Supermarket, Convenience Stores, Pharmacy Or Drug Stores, Online Sales Channel, Other Distribution Channels
Major Driver - Surge In Working Women Population To Drive Market Growth
The rising working women population across the globe is expected to contribute to the growth of the baby diapers market in the forecast period. Disposable diapers are a convenient, safe, and time-saving option for a working woman as they can be discarded and need not be cleaned for reuse. This helps working women to avoid the regular disturbance caused when the child defecates or urinate. For instance, in February 2023, according to Center for American Progress, a US-based public policy research and advocacy organization, in December 2022, there were 993,000 more working mothers compared to the previous year. Therefore, the increasing number of women in the workforce is driving the growth of the intrauterine devices market going forward. Thus, an increase in the working women population is expected to drive the demand for baby diapers contributing to the growth of the baby diapers market.
Competitive Landscape:
Major companies operating in the baby diapers market report are The Procter & Gamble Company, Hayat Kimya Sanayi A.S., Svenska Cellulosa AB, Kimberly-Clark Corporation, Koninklijke Philips N.V., Toray Industries Inc., Essity AB, Kao Corporation, Unicharm Corporation, Daio Paper Corporation, First Quality Enterprises Inc., Domtar Corporation, Fujian Panda Diaper Co. Ltd., Mölnlycke Health Care, Hengan International Group Company Limited, Ontex Group NV, Wipro Consumer Care Private Limited, Pigeon Corp., The Honest Company, Seventh Generation Inc., Nobel Hygiene Pvt. Ltd., Millennium Baby Care Pvt. Ltd., Swara Baby Products Pvt. Ltd., Cotton Babies Inc., Uniclan Healthcare Pvt. Ltd., Bumkins Inc., Bambo Nature, DSG International Ltd., Fujian Shuangheng Group Co. Ltd., Drylock Technologies NV
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Top Trend - Strategic Partnerships Reshaping The Baby Diapers Market
Major companies operating in the baby diapers market are forming partnerships to develop new products and strengthen their positions in the market. Partnerships and collaborations in the baby diapers market facilitate innovation, market expansion, and enhanced product offerings by leveraging the strengths and expertise of different companies to meet diverse consumer needs. For instance, in March 2021, Ontex Gr, a Belgium-based personal care products company, partnered with Woosh, a Belgium-based diaper waste collection company, promote diaper recycling in Belgium, aiming to collect used disposable diapers from 1,000 nurseries by 2024 and eventually expand the service to other European countries. Woosh, created with active contributions from Ontex, focuses on creating a diaper delivery and collection service to make diaper recycling on a large scale a reality, addressing environmental challenges related to diaper waste.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Baby Diapers Market Characteristics
3. Baby Diapers Market Trends And Strategies
4. Baby Diapers Market - Macro Economic Scenario
5. Baby Diapers Market Size And Growth
…..
27. Baby Diapers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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