$27.6 Billion Growth in Diaper Market | Rapid adoption of baby diapers in developing regions to drive market growth

NEW YORK, June 16, 2022 /PRNewswire/ — The “Diaper Market by Type and Geography – Forecast and Analysis 2020-2024” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years.

Technavio has announced its latest market research report titled Diapers Market by Type and Geography – Forecast and Analysis 2021-2025

The difference in potential diaper market growth between 2019 and 2024 is $27.6 billion, according to Technavio’s latest market analysis report. The report identifies the market as witnessing an acceleration in growth at a CAGR of 6.74% during the forecast period.

To get the exact annual growth variance and annual growth rate, talk to our analyst.

Key Market Dynamics:

  • Market driver: The rapid adoption of baby diapers in developing regions is one of the major factors driving the growth of the global diaper market. Technological advances and innovations in diaper material and design have resulted in the introduction of several new products with superior properties. Increased awareness of baby health and hygiene and increase in disposable income are the major aspects contributing to the growth of the market.

  • Market Challenge: Environmental pollution is a major challenge for the growth of the global diaper market. Diapers pose a major threat to the environment due to the non-biodegradable materials used in their manufacture. Diapers are made up of materials such as plastic, rubber bands, and superabsorbent polymers, which take a long time to break down. Disposable diapers make up over 40% of non-biodegradable waste in the United States. As a result, several consumers are turning to eco-friendly diapers, which will slightly disrupt the overall market.

Learn more about additional key factors, trends and challenges available with Technavio. Read the sample report here!

Key Market Segment Highlights:

The Diapers Market report is segmented by Type (Baby Diapers and Adult Diapers) and Geography (APAC, North America, Europeand South America).

  • The baby diaper type segment held the largest diaper market share in 2019. The segment will continue to account for the highest share throughout the forecast period. The demand for eco-friendly and highly absorbent diapers is on the rise as more consumers seek diapers that help keep their babies dry and rash-free. These factors will increase the market demand during the forecast period.

  • APAC will be the top region with 36% of the market growth over the forecast period. China, Indiaand Japan are the key markets for the global diapers market in APAC. The growth of the market in this region will be faster than the growth of the market in the regions. The rapid adoption of baby diapers in developing regions will facilitate the growth of the global diaper market in APAC during the forecast period.

View sample report for additional information on the contribution of all segments and regional opportunities

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Diapers Market Scope

Report cover

Details

Page number

120

Year of reference

2019

Forecast period

2020-2024

Growth momentum and CAGR

Accelerate at a CAGR of nearly 6.74%

Market Growth 2020-2024

$27.6 billion

Market structure

Fragmented

Annual growth (%)

5.73

Regional analysis

APAC, North America, Europe and South America

Successful market contribution

APAC at 36%

Main consumer countries

United States, China, India, Japan and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Essity Aktiebolag (publ), First Quality Enterprises Inc., Kao Corp., Kimberly-Clark Corp., Medline Industries Inc., Oji Holdings Corp., Koninklijke Philips NV, SCA Group, The Procter & Gamble Co. and Unicharm Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Type

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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