Press release
Baby Diaper Market to Cross US$ 70.4 Billion by 2024
In terms of value, the global baby diaper market is anticipated to expand at a CAGR of 4.1% during the forecast period and is expected to be valued at US$ 70.4 Bn by 2024 end. Among all product type segments in the baby diaper industry, disposable diapers are projected to be the fastest-growing segment over the forecast period (2016–2024). This segment accounts for approximately 49.0% of the global volume of diapers consumed; attributed to the availability of improved raw materials and technological advancements in markets in various regions across the globe.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/baby-diaper-market.asp
In Asia Pacific, disposable segment accounted for majority market share of 42.5% in 2015. Revenue contribution of this segment to the APEJ baby diaper market is expected to increase at a CAGR of 6.0% from 2016 to 2024. In North America, a market share of the cloth diaper segment is anticipated to fall from 11.2% in 2015 to 10.8% in 2024. This is due to the introduction of new baby diaper products with more efficient absorbency as compared to that of cloth diapers. In terms of value, the disposable segment in the Europe baby diaper market accounted for 49.4% share in 2015. Demand for baby diapers in countries in this region is primarily driven by increasing number of private labels and increasing the focus on raw material suppliers towards developing biodegradable materials.
In terms of volume, the global baby diaper market is anticipated to expand at a CAGR of 3.5% during the forecast period and is expected to account for 379,907 units by 2024 end. Among the various regional markets, the market in Asia Pacific accounted for 41.0% volume share in 2015.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/11566
Primary factors driving growth of the global baby diaper market include increasing promotion and advertising of various baby diaper brands and improved raw materials, and technological advancements. In addition, growing affluence and increased per capita spending on personal hygiene products and increasing birth rates in developing countries are other factors expected to drive growth of the global baby diaper market over the forecast period. Demand for baby diaper across the globe is growing steadily and can be attributed to the various associated benefits such as ensuring increased hygiene and low risk of skin damage.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/baby-diaper-market/toc
One of the major restraints for a growth of the global baby diaper market is a significantly slow rate of degradation of baby diapers. Diapers rank among the third-largest consumer item to be disposed of in landfills and represent 30% of non-biodegradable waste volumes. Moreover, disposable diapers contain dioxin, which is an extremely toxic by-product of the paper-bleaching process. This factor is anticipated to restrain the growth of the global baby diaper market over the forecast period.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Baby Diaper Market to Cross US$ 70.4 Billion by 2024 here
News-ID: 598975 • Views: …
More Releases from Persistence Market Research Pvt. Ltd
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size
The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032.
The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation…
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers
The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism.
Stay Ahead with Market Intelligence Get Free…
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research
The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.
Market Overview
The biosimulation market has experienced rapid growth…
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market
The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961
The global wheelchair and components market has witnessed significant growth in…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Smart Camera Market || Key Players - Samsung Electronics Co., Canon Inc., Nikon …
Looking at the current market trends as well as the promising demand status of the Smart Camera Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global Smart Camera Market. Readers can gather prime facets connected to the target market which includes product, end-use and application;…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
