Press release
Baby Diapers Global Market Report 2024 - By Share, Size, Demand, Growth, Forecast To 2033
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Baby Diapers Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $85.62 billion In 2028 At A CAGR Of 7.5% :
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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Baby Diapers Market Major Segments
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
Key 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.
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Prominent Trend - Product Innovations Transforming The Baby Diapers Market
Companies in the baby diapers market are launching biodegradable diaper pants intending to protect the environment. Biodegradable diapers are made from biodegradable fibers such as cotton, bamboo, and starch. These diapers are made from natural elements and can break down naturally to turn into soil. Increasing environmental consciousness by parents is causing demand for biodegradable diapers. To meet the demand of consumers, manufacturers have started developing eco-green diapers with raw materials that are less harmful to the environment. For example, in May 2021, Pampers launched its Pampers Pure Protection Hybrid Diapers which has benefits of both eco-friendly cloth diapers and disposable diapers. These are reusable cloth diapers with a disposable insert made with a plant-based liner.
Baby Diapers Market Players
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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Largest And Fastest Growing Region In The Market
North America was the largest region in the baby diapers market in 2023. The Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the baby diapers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Baby Diapers Market Report Structure
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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