Baby Diapers Market Worth $64.62 Billion by 2022: Grand View Research, Inc.
(firmenpresse) - SAN FRANCISCO, CA -- (Marketwired) -- 12/29/15 -- The global is expected to reach USD 64.62 billion by 2022, according to a new report by Grand View Research, Inc. Increasing disposable income level coupled with increasing birth rates particularly in emerging markets is expected to remain a key driving factor for global baby diapers market. Growing awareness regarding baby''s health and novel products resulting from technological advances are other critical factors that are presumed to positively impact the baby diaper market over the forecast period. Increasing working women ratio is another key factor that is expected to aid the market over the next seven years.
Health awareness regarding health hazards resulting from chemicals used in disposable diapers is anticipated to hamper the global baby diaper market growth over the forecast period. Technological advances resulting in novel products with superior properties promise ample opportunities for the industry participants. Rapid e-commerce growth particularly in the developing markets is expected to provide abundant penetration opportunities to the industry participants in the near future.
Global baby diaper market was USD 39.97 billion in 2014 and is expected to reach USD 64.62 billion in 2022, growing at an estimated CAGR of 6.2% from 2014 to 2022.
Disposable diapers dominated the global market with nearly two-thirds of the total revenue in 2014 and are expected to witness a CAGR of 5.4% over the forecast period. Cloth diapers market were the second largest product segment for baby diapers market. Bio-degradable diapers are projected to witness the highest growth rate over the forecast period.
Pre-fold cloth diapers dominated the cloth diapers market in 2014 and are presumed to witness a CAGR of 10.5% from 2015 to 2022. Other cloth diaper products include flat cloth diapers, fitter cloth diapers, all-in-one cloth diapers and other cloth diapers.
Disposable diaper market products include ultra absorbent disposable diapers, super absorbent disposable diapers, regular disposable diapers and bio-degradable disposable diapers. Regular disposable diapers are projected to witness a CAGR of 2.2% over the forecast period.
The industry is characterized by companies taking strong initiatives to enhance product portfolio and increase their production capacity to cater to the growing demand from the developing regions. Key industry participants include P&G, Hengan, Unicharm, Phillips Healthcare, Kimberly Clark, SCA and Associated Hygiene.
Grand View Research has segmented the baby diapers market on the basis of product and region:
Cloth Diapers
Flat cloth diapers
Fitted cloth diapers
Pre-fold cloth diapers
All-in-one cloth diapers
Other
Disposable Diapers
Ultra absorbent disposable diapers
Regular disposable diapers
Super absorbent disposable diapers
Bio-degradable disposable diapers
Training Nappy
Swim Pants
Biodegradable Diapers
North America
Europe
Asia Pacific
Latin America, Middle East & Africa (LAMEA)
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
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Datum: 29.12.2015 - 04:00 Uhr
Sprache: Deutsch
News-ID 1406452
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