Press release
Baby Diapers Market: Population Explosion Across Urban Areas Boosting Demand
The Asia Pacific, Middle East, Latin America and South Africa baby diapers market was valued at US$20.75 bn in 2014. Owing to factors such as population explosion, the market is expected to show a healthy CAGR of 7.6% within a forecast period from 2015 to 2021. By the end of 2021, the market value is expected to reach US$34.87 bn. By volume, the market is expected to reach 5,967.2 million units by 2021. Asia Pacific, particularly India and China, have been dominating the demand for baby diapers in this collective market region, owing to massive populations and swiftly improving urban infrastructure. The Asia Pacific region is receiving a high volume of interest from international players due to the increasing purchasing abilities of consumers. Cloth diapers have been popular in the Middle East so far, while disposable diapers have retained dominance in other key regions of the market over recent years.
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Hectic Urban Lifestyles Creating High Demand for Disposable Diapers
“A key factor currently affecting a large number of consumer product markets include the demand for ease of handling a product owing to the increasingly busy lifestyles of the average urban civilian. This includes the market for baby diapers, which is experiencing a strong rate of growth due to this. Manufacturers are also ramping up their production rates as well as innovating packaging materials and aesthetics to increase consumer appeal and to meet their changing requirements,” states a TMR analyst.
The busy lifestyle among the average consumer demographic is also creating a demand for wholesale purchases of baby diapers or baby diaper packs of large sizes. This is creating a growth in demand for large packaging. Decreasing infant mortality rate, increasing awareness regarding personal hygiene, government incentivization schemes for child care, and medical advancements in child healthcare are further expected to drive the market for baby diapers in nearly all the regions assessed in the report.
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