DUBLIN--(BUSINESS WIRE )--The "Baby Diapers Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The global baby diapers market was valued at USD 44.88 billion in 2020 and is projected to register a CAGR of 3.82% during the forecast period (2021-2026).
Ongoing advancements in the fabric used in a diaper, absorption capabilities, and special user-friendly features of diapers have led to competitors gaining a higher market share. Increasing demand for natural and hygienic products is driving manufacturers to develop bio-based disposable diapers, which is also projected to propel market demand.
Market players are engaged in innovating the diaper technology, some of the key trends in the diapers market include eco-friendly/bio-degradable diapers, electronic diapers, organic diapers, and pant style diapers.
Increasing Awareness towards Baby Hygiene
A major concern about baby diapers among parents is the fabric of the baby diaper. An increasing number of consumers are inclined toward cotton-based diapers to avoid skin allergies caused by synthetic diapers. Consumers' growing concerns toward baby hygiene products, primarily baby diapers, and baby wipes, have strongly augmented the growth of the market across the world and is expected to attain strong growth during the forecast period.
Asia-Pacific Witnessing a Significant Growth in Baby Diapers Market
In the Asia-Pacific region, in China alone approximately 18 million babies are born every year, the country accounts for the major share in the global baby diaper market. Moreover, a wider distribution network and easy availability of numerous brands in the local markets led the key players to extend their sales to reach the inland markets.
In the region, the rising demand for high-price, high value-added products in urban markets has led to the launch of many premium disposable baby diapers to complement their existing range of standard and economy products.
The market studied is highly competitive, with a considerable number of regional and global players. The major strategies adopted by these companies include product innovations, expansions, and mergers and acquisitions.
The market is primarily dominated by Procter & Gamble., Kimberly-Clark Corporation, Kao Corporation., Unicharm, and Essity Aktiebolag, among others. The presence of private labelled brands is expected to augment the competition among the players.
5.1 By Type (Revenue in USD million, 2016-2026)
5.2 By Distribution Channel (Revenue in USD million, 2016-2026)
5.3 By Geography (Revenue in USD million, 2016-2026)
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 IMPACT OF COVID 19 ON THE MARKET
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900