Baby Diapers Market Revenues to Reach USD 59.10 billion by 2028
Hyderabad, Aug. 03, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled "Baby Diapers Market Report (2023-2028)," the market is estimated at USD 47.58 billion in 2023. It is expected to register a CAGR of 4.43% during the forecast period.
The rising population and urbanization are significantly driving the growth of the global baby diaper market. Factors like growing disposable income, female workforce, literacy rates, etc., are impacting living standards and consumption patterns worldwide. Concerns about health and hygiene and increasing awareness of infant hygiene are expected to increase the demand for baby diapers further. Companies are strategically introducing advancements in diaper technology, including fabric, absorption, and user-friendly features. Diaper market trends indicate a shift toward eco-friendly, bio-degradable, electronic, organic, and pant-style diapers. Demand for natural and hygienic products is pushing the development of bio-based disposable diapers. In short, innovations and consumer preferences are shaping the diaper market's future growth.
Report Summary:
Report Attribute
Details
Market Size (2023)
USD 47.58 billion
Market Size (2028)
USD 59.10 billion
CAGR (2023-2028)
4.43%
Study Period
2018-2028
Fastest Growing Market
Asia-Pacific
Largest Market
North America
Forecast Units
Value (USD billion)
Report Scope
Market Dynamics, Revenue Forecast and Segmentation, Competitive Landscape and Recent Developments, Market Growth, Future Opportunities, and Trends
Key Market Drivers
Rising population and urbanization.
Innovations and consumer preferences.
Concerns about health, hygiene, and the environment.
Who are the Top Companies in the Global Baby Diapers Market?
The market is highly competitive, with many regional and global players. The major strategies adopted by these companies include product innovations, expansions, and mergers and acquisitions. The presence of private-labeled brands is expected to increase the competition. The companies invest heavily in R&D to launch innovative products in the market and tap into the ongoing interest of consumers in sustainable baby products.
The significant players in the global baby diapers market are,
Procter & Gamble Co.
Kimberly-Clark Corporation
Essity Aktiebolag
Kao Corporation
Domtar Corporation
Daio Paper Corporation
Ontex Group
Nuggles Designs Canada
Unicharm Corporation
Winc Design Limited
Millie Moon
DYPER
SUMO
Other Reports That Might Be of Your Interest:
Adult Diaper Market Report - The global adult diaper market is projected to register a CAGR of 8.92% over the next five years.
Personal Care Wipes Market Report - The global personal care wipes market is expected to register a CAGR of 5.4 % over the next five years.
Key Highlights from the Global Baby Diapers Market Report:
Increasing Awareness about Baby Hygiene
Growing awareness of infant hygiene is leading to the increasing adoption of baby diapers. Diapers and baby wipes are crucial daily care products that prevent bacterial infection and offer comfort.
Babies typically use 7-8 diapers daily, boosting interest in cotton-based diapers to avoid skin allergies. Diaper rashes are becoming a widespread concern. Thus, major brands like Huggies and Pampers offer rash-free diapers with leak-prevention technology.
Government institutions are launching health awareness campaigns to educate young parents about infant health and hygiene. Initiatives promote practices like skin-to-skin contact, exclusive breastfeeding, and keeping babies clean and dry.
Asia-Pacific Witnessing Significant Growth
The growing number of working women is a major driver in the baby care market's growth. Female labor participation rates are increasing, particularly in regions like East Asia-Pacific. The digital revolution, with increased internet access for women, is accelerating the growth of the market.
China's high birth rate of around 18 million babies annually contributes significantly to the baby diaper market. China's third-child policy has further boosted the demand for baby diapers.
Strong distribution networks and the availability of multiple brands are expanding sales in local markets in Asia-Pacific. Product innovations, like eco-friendly cloth diapers, cater to changing customer preferences and needs.
What are the Latest Developments in the Global Baby Diapers Market?
In April 2023, Millie Moon launched its baby diaper products in Canada. Millie Moon claims to be a clean, luxury diaper brand offering high-performance and beautifully crafted diapers and sensitive wipes at affordable prices.
In January 2023, Kimberly-Clark announced the relaunch of its iconic diaper brand, Huggies, with the new ‘Huggies Complete Comfort’ range in India. The company plans to implement a new visual language for its packaging design across the range.
Mordor Intelligence has Segmented the Global Baby Diapers Market Based on Product Type, Distribution Channel, and Geography.
By Product Type (Market Size and Forecast based on Value (USD billion), 2018-2028)
Cloth Diapers
Disposable Diapers
By Distribution Channel (Market Size and Forecast based on Value (USD billion), 2018-2028)
Supermarkets/Hypermarkets
Convenience/Grocery Stores
Pharmacy/Drug Stores
Online Retail Channels
Other Distribution Channels
By Geography (Market Size and Forecast based on Value (USD billion), 2018-2028)
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Italy
Russia
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
South Korea
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
Rest of Middle East & Africa
In a nutshell, the Mordor Intelligence market research report is a must-read for start-ups, industry players, investors, researchers, consultants, business strategists, and all those who are looking to understand this industry. Get a glance at the Global Baby Diapers Market Report (2023-2028).
Mordor Intelligence constantly tracks industry trends. Some relevant market reports from the analysts that might be of interest to you:
South America Baby Food Market Report - The South American baby food market is expected to register a CAGR of 5.53% over the next five years.
Asia-Pacific Baby Food Market Report - The Asia-Pacific baby food market is projected to register a CAGR of 8.05% over the next five years.
India Baby Care Products Market Report - The Indian baby care products market size is expected to grow from USD 1.67 billion in 2023 to USD 2.91 billion by 2028, at a CAGR of 11.75% during the forecast period (2023-2028).
About Mordor Intelligence:
Mordor Intelligence is a market intelligence and advisory firm. At Mordor Intelligence, we believe in predicting butterfly effects that have the potential to change or significantly impact market dynamics.
Our market research reports are comprehensive and provide exclusive data, facts and figures, trends, and the competitive landscape of the industry.
Attachment
Baby Diapers Market - Mordor Intelligence
Report Summary:Report AttributeDetailsWho are the Top Companies in the Global Baby Diapers Market?Other Reports That Might Be of Your Interest:Key Highlights from the Global Baby Diapers Market Report:Increasing Awareness about Baby HygieneAsia-Pacific Witnessing Significant GrowthWhat are the Latest Developments in the Global Baby Diapers Market?Mordor Intelligence has Segmented the Global Baby Diapers Market Based on Product Type, Distribution Channel, and Geography.Mordor Intelligence constantly tracks industry trends. Some relevant market reports from the analysts that might be of interest to you:About Mordor Intelligence:Attachment