The baby diapers market growth is considerably impacted by female working ratio; increase in the number of working women is anticipated to fuel the demand for baby diapers. The ratio is anticipated to increase in the near future, owing to surge in participation of women in labor force in various Latin American and Middle East & North African countries. Moreover, rise in disposable income is projected to influence the purchasing power of customers, thereby supplementing the growth of the market.
According to a new market report published by BlueWeave Consulting, the Global Baby Diapers market was valued at US$ 49.84 Bn in 2017 and is expected to expand at a CAGR of 5.39% from 2018 to 2025, reaching US $76.88Bn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the baby diapers market in 2017.
A disposable diaper mainly consists of absorbent pad which is compressed by two sheets of fabrics which are non woven from both the sides. Innovations in diaper design is also gaining popularity as diaper manufacturers are focusing on developing diapers that can absorb more efficiently. New materials are being used to make diapers that can absorb quickly and offer dryness for a long period of time. Synthetic Polymers like polyethylene, polypropylene, etc. are mainly used to produce diapers and to make the absorbent pad.
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Baby Diapers Market: Competitive Dynamics
Companies, such as Procter & Gamble Company, Kimberly Clark Corporation, Unicharm, Kao Corporation, and Seventh Generation are the key players in manufacturing baby diapers. In terms of product offerings, Procter & gamble Company and Kimberly Clark Corporation are the major players in the market, providing various baby care products along with baby diapers.
Most of the major vendors in the Global Baby Diapers market are actively focused on enhancing their offerings to meet the ongoing demand.
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