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Baby Wipes Market Research 2024 - Outlook, Overview And Forecast To 2033
Baby Wipes Market
As per the report, the baby wipes market size has grown strongly in recent years. It will grow from $5.73 billion in 2023 to $6.07 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The baby wipes market size is expected to see strong growth in the next few years. It will grow to $7.85 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.
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Consumer Spending And Changing Demographics Propel Baby Wipes Market Growth
Rising consumer expenditure on baby care products is driving the growth of the baby wipes market. For instance, in June 2023, according to the Australian Institute of family Studies, an Australia-based government statutory agency 29% of families that saw an increase in costs under the package, the average proportion of gross income spent on child care rose from 2.9% to 4.0%. Some of the reasons for the increase in the expenditure on baby care products are an increase in the disposable income of consumers, an increase in birth rates, increased awareness of the benefits of baby care products, and an increase in the number of working women. So, all these reasons are contributing to the rise in the expenditure on baby care products, which is driving the growth of the baby wipes market.
Key Players Advancement Transforming Baby Care Market Presence
Biodegradable, viscose-dry baby wipes are the latest trend that is gaining popularity in the baby wipes market. Companies in the baby wipes market are focusing on producing viscose-dry baby wipes to expand their market share. Viscose is a regenerated cellulosic fiber made from cellulose. Biodegradable viscose-dry baby wipes refer to wipes that are dry and free from all chemicals. They are made from 100% viscose, which acts as a moisture absorbent, so they can be used on sensitive skin. For instance, in June 2023, Ginni Filaments Ltd, an India-based integrated manufacturers of cotton yarn processed knit fabrics and knit garments, launched ultra-pure water wipes, a first-of-its-kind in India, in the baby care segment. This innovative product, comprising 99.9% water, stands as the gentlest and most pristine wipe available, boasting minimal ingredients. Its formulation is a result of careful consideration of the distinctive characteristics of baby and infant skin.
The baby wipes market covered in this report is segmented -
1) By Type: Dry Baby Wipes, Wet Baby Wipes
2) By Material: Natural, Blended, Synthetic
3) By Technology: Wetlaid Baby Wipes, Airlaid Baby Wipes, Spunlace Baby Wipes
4) By Packaging: Plastic Cases, Tub
5) By Distribution Channel: Hypermarkets, Pharmacies, Online Stores
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Major companies operating in the baby wipes market report are Johnson & Johnson, Procter & Gamble Co., Kimberly-Clark Corporation, Aldi Inc., S. C. Johnson & Son, Unicharm Corporation, First Quality Enterprises Inc., Hengan International Group Company Ltd., Svenska Cellulosa Aktiebolaget SCA, Pigeon India, The Hain Celestial Group Inc., Dabur India Ltd., Abena A/S, The Himalaya Drug Company, Laboratoires Expanscience, The Honest Company, Seventh Generation Inc., Me N Moms Pvt. Ltd., ECO by Naty AB, WaterWipes, Babyganics Inc., Bodywise (UK) Limited, Bodywise Ltd., Cotton Babies Inc, Burt's Bees Baby, Babisil International Ltd., Jackson Reece Ltd., Boo Bamboo Holdings Inc., Coterie Inc., DermaH2O Inc., Farlin Corporation, D&G Laboratories Inc, Naturalena Brands Inc., Aden & Anais Inc., Gryph & IvyRose LLC, Simpleaf Brands LLC, Hello Bello Inc., SimpliDry LLC
Contents of the report:
1. Executive Summary
2. Baby Wipes Market Report Structure
3. Baby Wipes Market Trends And Strategies
4. Baby Wipes Market - Macro Economic Scenario
5. Baby Wipes Market Size And Growth
…..
27. Baby Wipes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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