Diaper Market is Expected to Witness the Fastest Growth Globally During 2016 – 2022
The global diaper market is expected to grow from an estimated $52.7 billion in 2015, and reach $76.5 billion by 2022, growing at a CAGR of 5.5% during 2016 – 2022.
The increased awareness about personal hygiene and growing population, increasing number of women workforce, and introduction of eco-friendly biodegradable diapers are the key growth drivers for the global diaper market. The presence of untapped market for diapers and emergence of hybrid diapers are laying growth opportunities for the market, during the forecast period.
Explore Report with Detailed TOC at: https://www.psmarketresearch.com/market-analysis/diapers-market
The delayed toilet training of children in developed countries and growing online purchase of baby diapers are the two trends witnessed in the global diaper market. The age at which toddlers become diaper free is increasing, since the past few years. In 1957, approximately 92% of children were toilet trained till 18 months of age, as compared to 2015 in which only 65% of children were reported to be toilet trained till the age of 36 months. As the per capita income of consumers in the developing countries (such as the U.S.) is more, as compared to those in the developing countries; it is easy for the people of developed countries to afford expensive diapers for their children. This trend is expected to influence the revenue of the global baby diaper market during the forecast period.
Due to the massive growth of population in developing countries, the use of diapers is also increasing. As the per capita income of consumers is increasing, the consumers are focusing more on personal and baby hygiene. Good hygiene is an important barrier to many infectious diseases, including the fecal–oral diseases, and it promotes better health and well-being. To achieve the greatest health benefits, people are focusing more on improvement in hygiene. The modern baby diapers and incontinence products have a layered construction, which allows the distribution and transfer of urine to a penetrable core structure, where it is locked. Diapers provide hygiene, cleanliness, comfort, and independence to the babies and adults.
Though diapers are helpful in maintaining the personal hygiene of babies and adults, they are very unnatural in many ways. This has led to the increasing demand for diapers made from natural raw-materials. The global baby diaper market is driven by the manufacturers involved in introducing baby diapers that have better breathability, are soft, and cause fewer rashes on the baby’s skin.
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Assistant – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)